IR1 iris metals limited

Ann: IR1 achieves Best Drill Intercept to Date at Beecher Project, page-8

  1. 3,861 Posts.
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    Yes these results are nice to see but unfortunately not a game changer.

    Section 4840520N -You can see the pegmatite becomes thinner as it dips. As well the mineralisation reduces to 0.5% or less. The top section of the pegmatite is also lower grade. The middle zone being the sweet spot.

    This is the problem so far. The mineralisation is inconsistent. High grade, low grade and sterile.

    Section 4840320N - Again, top initial section is lower grade. The sweet spot in the middle is good and then the pegmatite drops grades and splits.

    These results are good but not fantastic. More needs to be done. If the intersects were consistent through the size of the pegmatite it would be a different story at Beecher.
 
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