Iris Metals Limited (ASX:IR1)

Simon Lill
Chairman
Market Cap (AUD): 8.46M
Sector: Materials
Last Trade (AUD): 0.205 +0 (+0%)
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1. About

Iris Metals Limited (ASX:IR1) is a resources company with highly prospective tenement packages in the historic high grade mining camp of Kookynie and the Tier-1 jurisdiction of Leonora. 

Kookynie

The Kookynie gold mining camp historically produced in excess of 600,000 ounces of high-grade gold since the 1890s. Utilising 21st Century technology and modern exploration techniques, IRIS Metals will be exploring for what may have left behind due to the difficulty of prospecting through the thin layer of transported alluvial cover across much of Kookynie. 

Leonora

Located approximately 60km north of Kookynie, IRIS holds a 71km tenement package contiguous to Kin Mining Limited and its 1.23M ounce Cardinia Hill project. The Companys Little Dipper prospect is adjacent the Wanghi Prospect of Golden Mile Resources Limited, where a recent Air Core drill result hundreds of meters from the IRIS Metals Little Dipper prospect created significant interest.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk