IR1 2.86% 34.0¢ iris metals limited

Ann: Outstanding Surface Results 44.13m at 1.02% Lithium, page-28

  1. 5,911 Posts.
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    According to the tenements schedule on April 18 2023 IR! has a quite bit big area (4648 acres) at Tin Mountain.
    https://hotcopper.com.au/data/attachments/5456/5456466-340d507e9f82280270a6fc57027dfc1f.jpg


    Also according to the anns "IRIS now largest holder of Lithium Claims in South Dakota" on August 18 2022, IR1 has secured 2 historical mines: Helen Beryl and Eruption Mines which have a lots of spodumene.

    https://hotcopper.com.au/data/attachments/5456/5456635-393cef64af655d743c08e312883a9e99.jpg

    I am happy to see that IR1 identifies these areas as " high priority early drill targets" on Aug.18 2022 anns, however I don't know if they think the same way now. Maybe Beecher area has more priority as it has mining licences.

    https://hotcopper.com.au/data/attachments/5456/5456636-4e6e4a5beabe4764cb00b2cda0ea88d0.jpg

    Historical TIn Mountain mine was not included in the project however they said "IRIS was able to stake claims adjacent to and along strike from this mine, incorporating the Lithia Mines that also contain zoned pegmatites with spodumene".

    I can see on this map that IR1 has already got the ground around the Tin Mountain Mine. I think these guys are have done their homework very well.

    https://hotcopper.com.au/data/attachments/5456/5456642-f76a47baef816f4a12138530e70ba170.jpg

    https://hotcopper.com.au/data/attachments/5456/5456663-1720a1a8ebeb7508976fe4aab07d5a67.jpg


 
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