Mt Ida lithium project, Australia

26th January 2024

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Mt Ida lithium project.

Location
Mt Ida gold mining district, Western Australia.

Project Owner/s
Delta Lithium.

Project Description
Mt Ida comprises 30 tenements. The project has Joint Ore Reserves Committee-compliant mineral resources of 14.6-million tonnes at 1.2% lithium oxide. The project also has gold resources of 3.1-million tonnes grading 4.1 g/t gold.

The Western Australia government approved the mining proposal and mine closure plan for the project in November 2023, marking the final approval needed for the project to begin operating.

The proposed project has a potential ten-year mine life.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
Not stated.

Planned Start/End Date
A final investment decision on the concentrate project is expected in the second half of 2024.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Delta Lithium, tel +61 8 6109 0104 or email info@deltalithium.com.au.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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