The Little Dipper tenements comprise the southern group of leases within the IRIS Metals Leonora Project.
The tenements have the potential to host along-strike continuations of Golden Mile Resources Ltd’s (G88.ASX) Benalla project (to the north and east). There are also potential extensions to Kin Mining’s Cardinia Hill project which sits in the same stratigraphy and is further to the north-west. The presence of gold mineralisation on and around the Little Dipper project, together with positive results from past exploration, demonstrates favourable settings for gold mineralisation.
IRIS Metals plans to drill test the Little Dipper Prospect both along strike and at depth as well as identify and drill test any newly identified geological anomalies.
Golden Mile Resources has intersected 33m @ 1.6 g/t Au on their prospect that abuts the IRIS Metals Benalla Project.”