Read this, then sit back and relax:
IR1 Technical Director Chris Connell, commented: “These broad, near surface initial results
confirm my confidence in the Beecher Project and the Black Hills as a future lithium mining district
of great importance for supplying the US market. IRIS has leveraged its first mover advantage to
secure a dominant land holding over the most prospective pegmatites in the Black Hills as confirmed
by these initial drilling results. These first drill holes are testing only a tiny portion of the Company’s
2,400+ mining claims staked over fertile LCT pegmatites that were historically mined for lithium from
the 1940’s. As IRIS is the only ASX listed company with granted hard rock lithium pegmatite mining
licences in the US, we currently are aggressively ramping-up drill testing of the Beecher Project.
Importantly, wide, high-grade results from surface will support mining to a low mining strip ratio which
is of enormous benefit to mining economics, combined with granted mining licences – - we have our
ears pinned-back.”
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