IR1 7.69% 24.0¢ iris metals limited

It will be interesting to understand whether th e pegmatites...

  1. 5,195 Posts.
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    It will be interesting to understand whether th e pegmatites thicken at depth or not - it is possible they may thin out at depth!

    To have 88m and 107m pegmatite thickness close to surface is very encouraging even if not true widths. If the pegmatite does thicken at depth and goes to 300m to 400m deep then IR1 will have a big resource at Beecher. Note the 88m and 107m holes are not true widths as they are down hole widths - ie TW will be less - these holes have most likely been drilled at an azimuth of 270 compared (about 9 of the first 38 holes with the rest ie 29 at about 90 azimuth). It seems the holes drilled at about an azimuth of 90 give TWs based on first 6 holes.

    Holes 39-50 were drilled mostly at an azimuth of 270 (7 holes) or 350 (2 holes) with only 3 holes at about an azimuth - puzzled why so many are at 270 or 350 azimuth.

    The next assays may provide great in sights on the potential of Beecher - it could go either direction big resource or not. High risk play at this stage!
 
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