IRIS Metals Limited (ASX: IR1) has revealed impressive rubidium assay findings from its 2023 and 2024 drilling campaigns at the Beecher Project in South Dakota, USA, highlighting its potential as a key asset in the U.S. critical minerals sector. After reviewing data from 117 drill holes, 45 were identified with intercepts exceeding 2 meters at more than 0.20% Rb₂O, with one standout result of 5.8 meters at 0.50% Rb₂O from 137.9 meters (BDD-23-005). These results not only bolster Beecher's existing lithium resource of 2.20 Mt at 1.05% Li₂O but also add significant rubidium value.
With rubidium priced at approximately US$1,200/kg, this discovery further enhances the project’s economic prospects. IRIS is moving forward with plans to incorporate rubidium into its upcoming Beecher Project Mineral Resource Estimate (MRE), expected to be completed in Q1–Q2 2026. Additionally, the company is continuing its strategic growth in U.S. critical minerals with the acquisition of the Finley Basin Tungsten Project and other potential opportunities under review.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
x
Daily Dose of Buy, Sell & Hold recommendations before the market opens.
Start Your 7 Days Free Trial Now!
We use cookies to help us improve, promote, and protect our services. By continuing to use this site, we assume you consent to this. Read our Privacy Policy and Terms & Conditions
IRIS Metals Limited Reports High-Grade Rubidium Results Strengthening Beecher Project
IRIS Metals Limited (ASX: IR1) has revealed impressive rubidium assay findings from its 2023 and 2024 drilling campaigns at the Beecher Project in South Dakota, USA, highlighting its potential as a key asset in the U.S. critical minerals sector. After reviewing data from 117 drill holes, 45 were identified with intercepts exceeding 2 meters at more than 0.20% Rb₂O, with one standout result of 5.8 meters at 0.50% Rb₂O from 137.9 meters (BDD-23-005). These results not only bolster Beecher's existing lithium resource of 2.20 Mt at 1.05% Li₂O but also add significant rubidium value.
With rubidium priced at approximately US$1,200/kg, this discovery further enhances the project’s economic prospects. IRIS is moving forward with plans to incorporate rubidium into its upcoming Beecher Project Mineral Resource Estimate (MRE), expected to be completed in Q1–Q2 2026. Additionally, the company is continuing its strategic growth in U.S. critical minerals with the acquisition of the Finley Basin Tungsten Project and other potential opportunities under review.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au