IRIS Metals Ltd

How does IRIS plan to leverage its South Dakota lithium project to capitalize on the demand for North American-sourced lithium, particularly in light of recent U.S. government incentives for domestic battery metal production?

With Stardust Power subscribing for $2.5 million and potentially an additional $2.5 million, what are the specific conditions for this continued investment? Furthermore, could you provide insights into how this exclusivity agreement might lead to future off take arrangements or co-investment opportunities that support long-term shareholder value?

Given that IRIS has allocated $8 million from its recent placement to advance lithium exploration in South Dakota, could you elaborate on the expected milestones and timelines for these exploration activities, specifically the initial resource definition and progress on Bureau of Land Management (BLM) permitting activities?