Iris Metals (ASX: $IR1) announces impressive lithium results at Beecher Project

Iris Metals Limited (ASX: $IR1) is pleased to report the receipt of additional wide and high-grade lithium intersections at the historic Longview and Black Diamond mines within the Beecher Project in South Dakota, USA. The ongoing diamond drilling program has delivered significant results, with the latest intersections showcasing the potential for substantial lithium resources.

Executive Commentary on Beecher Project's Progress

The Beecher Project continues to provide consistent high-grade assay results, demonstrating both significant thickness and continuity at depth. Laboratory turnaround times have begun to decrease, and we anticipate an acceleration of data flow as we progress through the remainder of the ongoing drill program. With numerous exploration activities underway, including metallurgical testing and regional soil sampling, we are advancing our multi-faceted exploration program at an increased pace and are excited by the results to date.

Summary of Ongoing Diamond Drilling and Future Prospects

The ongoing diamond drilling program at the Beecher Project has revealed impressive wide and high-grade lithium intersections, indicating the potential for substantial lithium resources. The results demonstrate the continuity and thickness of the mineralization at depth, with the Longview pegmatite showing significant potential for mining. Iris Metals is advancing its exploration program at an increased pace, with metallurgical testing and regional soil sampling underway. The Company's location in a mining-friendly jurisdiction within the US, combined with the government's focus on lithium as a critical mineral, positions Iris Metals for future success. The upcoming completion of the current drilling work and the commencement of exploration at other projects indicate a promising outlook for the company's expansion and development in the South Dakota region.