IRIS Metals Limited (ASX: IR1) has announced the receipt of the final assays from the initial RC programme and the first results from the ongoing diamond drilling programme from the 100% owned Beecher Project.
The results continue to impress, with additional wide and high-grade lithium intersected at Longview and high-grade zones at the Black Diamond within the Beecher Project.
The final results from the RC program have been received again achieving wide and high-grade lithium mineralization including:
- 51m @ 1.26% Li₂O from 38m (true width) in BDH-23-048, including 23m @ 1.70% Li₂O, and 12m @ 1.63% Li₂O
- 6m @ 1.85% Li₂O from 75m in BDH-23-050
Initial assays have been received from the diamond drilling for 4 holes, including very high-grade lithium mineralization, exemplifying the high grade potential of the mineral field, including:
- 3.75m @ 3.00% Li₂O from 131.35m in BDD-23-001, including 1m @ 7.00% Li₂O
Ongoing diamond drilling is currently testing the strike and down-depth extensions of the mineralized Black Diamond pegmatite, and a total of 20 diamond holes have now been completed and are pending assay.
The results showcase that Longview is a robust, shallow, and wide mineralized pegmatite with mineralization currently striking over 340m. The Black Diamond pegmatite strikes over 950m with spodumene mineralization logged in the majority of holes drilled that target this pegmatite body.
These initial results are significant when considering the additional material advantages associated with the Beecher Project. Iris has granted mining permits over the entire Beecher Project enabling mining activities to commence at the company’s election. The project’s location provides excellent infrastructure in a mining jurisdiction within one of the most significant and largest lithium markets in the world.
A diamond drill rig is now on site continuing to test the pegmatites along strike and at greater depth, also providing metallurgical and geotechnical samples for mining feasibility studies.
To find out more, please visit www.irismetals.com
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