IR1 1.85% 27.5¢ iris metals limited

Ann: RC Drilling Has Recommenced At The Beecher Project, page-46

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  1. 2,080 Posts.
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    WC8 ~$450m market cap fully diluted based on some fairly promising pegmatites in the Pilbara, with only known historical drilling returning 8m at 1.42% Li2O from 4m (TDRC02), 16m at 0.9% Li2O from 10m (TDRC03) and 1m at 2.00% Li2O from 40m to EOH (TDRC04).

    IR1 - ~$320m market cap fully diluted. Intersections include: 60m @ 1.21% Li₂O (true width) from 16m, 54m @ 1.30% Li₂O (true width), 40m @ 1.10% Li₂O (true width) from 48m

    32 drill holes to come, including ~100m and ~80m pegmatites.

    Hmm $450m for some promising pegmatites or $320m for some fairly significant widths already confirmed from surface.
 
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