Iris completes significant acquisition to consolidate the Black Hills, USA, Critical Minerals District

This strategic acquisition includes the Bob Ingersoll Mine (Ingersoll Project), a former lithium and beryllium producer located wholly on private lands.

Highlights:

• IRIS Metals is acquiring an extensive portfolio of private lands and federal mineral claims across the Black Hills of South Dakota, including the Bob Ingersoll Mine, a former lithium and beryllium producer.
• Acquisition grows IRIS’ private land holdings to over 41 hectares, providing additional access to projects that can be quickly advanced to production.
• IRIS intends to commence a drill program at the Ingersoll Project in Q4, 2025, facilitated by an existing exploration permit.
• IRIS is reviewing additional critical mineral potential across the acquisition, including beryllium and tantalum.
• IRIS has optimised its exploration strategy to focus on near-term production, aligning with its ‘Hub & Spoke’ model for centralised processing.

IRIS Metals President US Operations, Matt Hartmann, commented: “This acquisition further consolidates the critical minerals district in the southern Black Hills of South Dakota, significantly strengthening IRIS’ mineral property portfolio.

"The Ingersoll Project, combined with our Beecher, Tin Mountain, and Edison Projects, establishes a robust foundation for IRIS’ near-term lithium production ambitions and enhances our exposure to critical minerals such as beryllium and tantalum. The strategic advantages of private land ownership are significant, positioning IRIS as the leading lithium explorer in the region.”

Read the article online at: https://www.globalminingreview.com/mining/18092025/iris-completes-significant-acquisition-to-consolidate-the-black-hills-usa-critical-minerals-district/