IR1 5.56% 17.0¢ iris metals limited

Highlights• Assays from the first 6 drillholes of a 38-hole RC...

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    Highlights
    • Assays from the first 6 drillholes of a 38-hole RC program confirm the potential for
    economic lithium at the Beecher Project. Results from an additional 32 holes are
    pending assay results and are expected to be received in the coming weeks.
    • Intersections include:
    o 60m @ 1.21% Liâ‚‚O (true width) from 16m in BDH-23-001, including:
    â–Ş 40m @ 1.40% Liâ‚‚O from 36m; and
    â–Ş 22m @ 1.90% Liâ‚‚O from 46m
    o 54m @ 1.30% Liâ‚‚O (true width) from 1m in BDH-23-009, including:
    â–Ş 35m @ 1.58% Liâ‚‚O from 4m and
    â–Ş 13m @ 2.10% Liâ‚‚O from 24m
    o 40m @ 1.10% Liâ‚‚O (true width) from 48m in BDH-23-002, including:
    â–Ş 11m @ 1.53% Liâ‚‚O from 48m and
    â–Ş 10m @ 1.97% Liâ‚‚O from 78m
    • All 6 holes returned significant near-surface lithium intersections from the Longview
    pegmatite. Current drilling indicates all three mineralised pegmatites at the Beecher
    Project remain open in all directions.
    • Drill holes reported do not include the significant intersections of pegmatites released
    on 2 August 2023 of 88m downhole width (Longview) or 107m downhole width (Black
    Diamond).
    • A further 32 holes remain at the assay laboratory. The Company will provide updates
    through the next few weeks.
    • The shallow, broad lithium intersections are significant noting the company holds
    permitted Mining Licences across the Beecher Project
 
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