Aussie Iris Metals set for best day ever on lithium finds at US project

Palisade Metals

09/08/2023 06:09

** Shares of Iris Metals  IR1.AX  rise as much as 45.2% to
A$2.25, their highest since Sept. 20, 2022
    ** Stock last up 44.5%, set for its best day ever
    ** The exploration co finds multiple high-grade and shallow
lithium intersections at its Beecher Project in South Dakota,
U.S.
    ** Says it plans to accelerate drill testing at Beecher to
define the extent of mineralization
    ** Stock has risen ~34% this year, as of last close

($1 = 1.5265 Australian dollars)

 (Reporting by Adwitiya Srivastava in Bengaluru)
 ((Adwitiya.Srivastava@thomsonreuters.com;))