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IRIS Metals Advances Lithium Projects, Raises $8M, Eyes Q1 Resource Milestone
6:35pm on Sunday 1st of June, 2025 AEST
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Mining
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IRIS Metals Advances Lithium Projects, Raises $8M, Eyes Q1 Resource Milestone
6:35pm on Sunday 1st of June, 2025 AEST
Key Points
Completed 56 diamond drill holes at Beecher Project totaling 7,925m
High-grade lithium intercepts with up to 3.32% Li2O reported
Produced 6.1% Li2O spodumene concentrate with over 82% lithium recovery
Successfully converted spodumene concentrate to battery-grade lithium carbonate in US
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Iris Metals (ASX:IR1)
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