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HomeFinTechIRIS Metals: Completes acquisition of South Dakota lithium project

IRIS Metals: Completes acquisition of South Dakota lithium project

IRIS Metals Completes acquisition of South Dakota lithium project

  • IRIS Metals (IR1) completes its strategic acquisition of White Rock LLC and its hard rock lithium projects
  • The company’s review of the regional geology identifies additional areas of interest that are contiguous, complementary and strategic with staking activities currently in progress
  • It also established a geology team that is currently on site, undertaking pegmatite mapping, rock chip sampling and planning initial exploration program
  • The acquisition positions the company as the second ASX-listed US hard rock lithium explorer
  • Shares in IRISMetals were up 7.14 per cent to $0.30 at the close of trading on Wednesday
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