IR1 7.81% 34.5¢ iris metals limited

IRIS General Discussion, page-778

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    • A diamond drill rig is on site with continued testing of the pegmatites along strike and at greater depth, also providing metallurgical and geotechnical samples for mining feasibility studies.

    • The first metallurgical diamond drilling was recently completed, and test-work is underway that will be used in mining feasibility studies.
    • Drill targets have been designed for both the Tin Mountain and Helen Beryl projects, site prep will begin once permissions have been received and the ground has thawed allowing for pad preparation earth work.
    • Intensive regional mapping and soil sampling programs are being planned for spring and summer seasons. These regional programs will be undertaken to identify new pegmatites for future drill testing.
    • The Company continues to also assess and undertake due diligence on other South Dakota based tenure for acquisition.
 
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