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The latest update is out from Iris Metals Limited ( (AU:IR1) ).
IRIS Metals Limited has acquired a significant portfolio of private lands and federal mineral claims in the Black Hills of South Dakota, including the historically significant Bob Ingersoll Mine. This acquisition enhances IRIS’s mineral property portfolio and aligns with its strategy to consolidate high-potential lithium projects, positioning the company as a leading lithium explorer and near-term producer in the region. The acquisition also allows IRIS to advance its exploration and production capabilities, with plans to commence drilling operations at the Ingersoll Project in late 2025.
More about Iris Metals Limited
IRIS Metals Limited is a company in the mining industry, focusing on the exploration and production of critical minerals such as lithium, beryllium, and tantalum. The company is strategically positioned in the Black Hills of South Dakota, USA, aiming to become a leading lithium explorer and near-term producer in the region.
Average Trading Volume: 600,667
Technical Sentiment Signal: Sell
Current Market Cap: A$21.05M
See more data about IR1 stock on TipRanks’ Stock Analysis page.