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Iris Metals Limited ( (AU:IR1) ) just unveiled an announcement.
IRIS Metals Limited has successfully completed test mining and bulk sampling at its Beecher Project in South Dakota, marking a significant step towards near-term production. The project is fully permitted and has demonstrated the ability to produce Direct Shipping Ore, with ongoing efforts in resource expansion and drilling. Additionally, the company has expanded its Tin Mountain Project, enhancing its exploration potential and solidifying its position as a leading lithium explorer in the U.S. The acquisition and ongoing drilling efforts are expected to bolster IRIS’s resource base and market positioning.
More about Iris Metals Limited
IRIS Metals Limited operates in the mining industry, focusing on lithium exploration and production. The company is engaged in projects primarily in the United States, particularly in South Dakota, with a strong emphasis on expanding its lithium resource potential.
Average Trading Volume: 286,580
Technical Sentiment Signal: Sell
Current Market Cap: A$19.59M
For an in-depth examination of IR1 stock, go to TipRanks’ Overview page.
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