IRIS Metals (ASX:IR1) ends Kookynie Gold Project sale deal with NEX Metals

IRIS Metals has terminated its agreement with NEX Metals Explorations (ASX:NME) concerning the sale of the Kookynie Gold Project.

IRIS Metals advised that the divestment announced in April has not progressed as planned.

Before the sale process commenced, the Kookynie Gold Project was part of IRIS Metals' portfolio.

The company continues to focus on its flagship South Dakota Project, which is centred on hard rock lithium exploration.