Delta Lithium Limited Unveils Gold Spin-Out with $25–30M IPO to Unlock 1.1 Moz Gold Value at Mt Ida

Delta Lithium Limited is spinning out its Mt Ida Gold asset into a new, gold-focused company—Ballard Mining Limited—via a demerger and IPO. This move unlocks value for shareholders while allowing Delta to concentrate on its lithium exploration, presenting opportunities in both gold and lithium markets.