IBC Advanced Alloys Corp. (CVE:IB) reported signing a contract to perform a first phase drilling program on its Juab County fluorite-bertrandite project, western Utah.
The press release is quoted as saying:
The drilling program will consist of up to 35 holes totalling as much as 5,250 metres of reverse circulation drilling to test target zones in the volcanic tuff and in the underlying Bell Hill Dolomite unit in the claim area immediately south of the Starvation Canyon Wash. These holes will test the presence and concentration of fluorite-bertrandite replacement of dolomite fragments as in the nearby Materion (formerly Brush-Wellman) Spor Mountain mine pits and will penetrate the volcanic tuff layer to test the underlying Bell Hill Dolomite. The projected cost of the planned program is $1.0 million.
IBC’s VP Exploration, Lee Rice stated:
“I am very excited by the high quality results from the recent airborne survey, which clearly indicated several excellent targets over a very large area. The Company’s focus now is to quantify the potential beryllium mineralization,” continued Mr. Rice, “which we hope will provide a strategic upstream resource underpinning continued downstream manufacturing growth, as well as to support our R&D efforts, such as our nuclear fuels initiative, which has the potential to drive significant future beryllium consumption.”