- Delta Lithium (ASX:DLI) secures approval to commence open pit mining operations at its Mt Ida project in WA
- With all key permits now secure, the company is “shovel-ready”
- Delta has initiated detailed technical work based on recent updates to the lithium MRE and the maiden gold MRE
- DLI last traded at 61.5 cents
Delta Lithium (ASX:DLI) has secured approval to commence open pit mining operations at its Mt Ida lithium project in Western Australia.
The Western Australian Department of Mines, Industry, Regulation, and Safety (DMIRS) approved the mining proposal and mine closure plan.
This approval, along with other essential permits like the native vegetation clearance permit and 5C water extraction license, marks a significant step towards realising phase one of the project.
Delta is moving quickly and has initiated detailed technical work based on recent updates to the lithium mineral resource estimate (MRE) and the maiden gold MRE.
“With all statutory approvals for commencement of mining now received, it is accurate to say that Mt Ida is indeed shovel-ready,” DLI Managing Director James Croser said.
“The company is now in an enviable position at Mt Ida to simultaneously progress studies on the lithium concentrate project; while also progressing discussion around deriving value from high-grade gold.”
Delta Lithium last traded at 61.5 cents.