Delta Lithium (ASX:DLI) Annual General Meeting Resolutions and Updates
AGM Resolutions Overview
Delta Lithium Limited conducted its Annual General Meeting, passing key resolutions that include the adoption of the Remuneration Report and the re-election of Directors Tim Manners and Joshua Thurlow. Shareholders also approved the issuance of performance rights and options to Directors James Croser, Tim Manners, Nader El Sayed, and Steve Kovac. The votes reflected strong support, indicating confidence in the company’s leadership and strategic direction.
Operational Highlights
The company presented details regarding its ongoing projects, with significant progress reported on its lithium and gold operations. Delta Lithium noted a maiden mineral resource estimate for its Yinnetharra Project of 25.7 million tonnes at 1.0% Li2O. The Mt Ida Project also showcased impressive results with a JORC-compliant gold resource of 6.6 million tonnes at 3.5g/t Au, signifying strong potential for development.
Safety and Labour Insights
Delta Lithium highlighted safety performance metrics, reporting a total of 16 first aid incidents, alongside 2 lost time injuries within its workforce. The company detailed its staff makeup, noting a diverse employment structure comprising 83% full-time, with a gender diversity ratio of 61% male to 39% female. The total man-hours worked reached 168,434, reflecting active participation across operations.
Future Outlook
Looking ahead, Delta Lithium aims to submit a mining lease application and proposal for the Malinda site while progressing with metallurgical studies and further exploration efforts. The upcoming year is expected to bring additional resource updates and new drilling results as the company capitalises on the growing lithium market.
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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