IRIS plans more Kookynie drilling after completing maiden program

IRIS has wrapped up a maiden drill program aimed at testing extensions to historical gold mining operations at its Kookynie project in WA’s Goldfields region.

While assays are not due back for at least eight to ten weeks thanks to the substantial backlog of samples at laboratories, it is telling that the program was extended by 950m to 5,950m after favourable geology and additional drill ready targets were identified.

Reverse circulation drilling had targeted the Lily, Rise & Shine and Treasure-Whale prospects that have historically hosted high-grade gold mineralisation.

IRIS Metals (ASX:IR1) is now planning to kick off an aircore drilling program in December to test the 24 high-priority targets that were identified by its recent high-resolution aeromagnetic survey.

These targets are in addition to the company’s existing suite of drill ready targets.

RC drill targets

The RC drilling at the Lily prospect had tested around historical high-grade workings and at depth along 400m of the prominent northeast trending, south dipping feature in the Niagara Gabbro Complex.

At Rise & Shine, it was aimed at locating and testing continuity at depth of apparent low angle, southerly-dipping, east to northeast-striking quartz veins and stockworks.

Meanwhile, drilling at the Treasure and Whale prospects tested the prominent shallow south-dipping northeast trending structures as well as potential depth extensions.

This article was developed in collaboration with IRIS Metals, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.