Iron Road Ltd · ASX:IRD
Iron Road — Shareholder Meeting (October 2026)
17 slides from Iron Road's shareholder meeting presentation, Oct 30, 2026
Slide 1: 2026 Annual General Meeting
rsonal use only 2026 Annual General Meeting Chief Executive Officer’s presentation Larry Ingle 30 October 2026
Slide 2: Disclaimer
Disclaimer This presentation has been authorised for release by the Board of Iron Road Ltd (Company). It is not a prospectus nor an offer of securities for subscription or sale in any jurisdiction nor a securities recommendation. The information in this presentation is an overview and does not conta
Slide 3: Corporate
Corporate Capital Structure – 30 September 2026 Board of Directors and Executive rsonal use only Share Price $0.009 International private capital 12-month Range $0.007-$0.060 Non-Executive Peter Cassidy investor since the 1990’s; Chairman geology, chemistry background Shares on Issue 840.2M includin
Slide 4: Central Eyre Iron Project
Central Eyre Iron Project • Flagship project located on the Eyre Peninsula, South Australia • Warramboo Orebody defines Australia’s largest magnetite Ore rsonal use only Reserve at 3.7Bt • Enjoys Federal and State approvals • Good long-term relationships with landowners, including farmers’ co-operat
Slide 5: Central Eyre Iron Project
Central Eyre Iron Project • Test work demonstrates via conventional magnetic & gravity separation the ability for the coarse-grained Warramboo Orebody to readily produce- rsonal use only • a premium Sinter Feed iron concentrate (~67% Fe) for feedstock blends in conventional iron making ie. blast fur
Slide 6: Central Eyre Iron Project
Central Eyre Iron Project • Twelve infill diamond drillholes were used to verify block model variography rsonal use only • Each drillhole was assayed by XRF methods for 26 elements at one metre intervals, independent of geology/contacts logged • IRD511 retained as a Reference Drillhole and Plan rega
Slide 7: Revera Energy
Revera Energy • Revera Energy, backed by Carlyle Global Infrastructure, has three Solar PV/BESS rsonal use only projects in South Australia • Cape Hardy Green Hydrogen Project (CHGHP) entails an “Activation Facility”, with a current basis of up to 150MW of renewable energy to power up to 50MW of hyd
Slide 8: Mulgathing Project
Mulgathing Project • Mulgathing Project farm-in deal executed June 2025 with unlisted public company Red Tiger Resources Ltd (RTR) rsonal use only • Deal incorporates initial reconnaissance spend & call option to earn-in to 51% of EL6580 based on a cumulative spend of $2.5 million • Joint Venture ar
Slide 9: Irria Prospect – Heavy Mineral Sands
Irria Prospect – Heavy Mineral Sands • Targeted Mesozoic paleochannel- Of 53 holes planned, 27 air-core holes were selectively drilled to rsonal use only depths 9-36m on North-South sections at 1.6km x 800m spacing • HMS on Section 1 from 17-21m thick & >2.4km wide, with Section 2 from 5-9m thick &
Slide 10: Irria Prospect – Nickel-Copper-Gold
Irria Prospect – Nickel-Copper-Gold • Possibility of Ni-Cu-Au mineralisation guided by exploration work by others & from detailed geophysical surveys by RTR (SA Government Round 2 rsonal use only Accelerated Discovery Initiative) • Airborne variable time domain electromagnetic surveys (VTEM) & analy
Slide 11: Irria Prospect – Nickel-Copper-Gold
Irria Prospect – Nickel-Copper-Gold • Resistivity Depth Imaging for line 3200 suggests possible continuity at depth for the conductive source rsonal use only • Three RC drill holes for a total 464m were completed during September 2026- • RCDH01 to 156m (-70°) • RCDH02 to 132m (-60°) • RCDH03 to 176m
Slide 12: Way forward
Way forward • Continue to identify and work with parties that have an interest in the Central Eyre Iron Project & Cape Hardy asset, including evaluating other corporate opportunities that preserve and complement their strategic value rsonal use only • Re-evaluate the Cape Hardy asset following Rever
Slide 13: Authorised for release / contact details
Authorised for release by the board of Iron Road Ltd rsonal use only For further information, please contact: Larry Ingle, Chief Executive Officer Iron Road Ltd Level 1, 63 Pirie Street Adelaide SA 5000 Australia Office: +61 448 055 610 Or visit ironroadlimited.com.au ASX: IRD admin@ironroadlimited.
Slide 14: Appendix - CEIP Ore Reserve Summary
Appendix - CEIP Table 1 – CEIP Ore Reserve Summary rsonal use only Resource Metric Tonnes Fe SiO2 Al2O3 Classification (Mt) (%) (%) (%) Proved 2,131 15.55 53.78 12.85 Probable 1,550 14.40 53.58 12.64 Total 3,681 15.07 53.70 12.76 The Ore Reserves estimated for CEIP involving mine planning is based o
Slide 15: Appendix - CEIP Global Mineral Resource
Appendix - CEIP Table 2 – CEIP Global Mineral Resource rsonal use only Tonnes Fe SiO2 Al2O3 P LOI Location Classification (Mt) (%) (%) (%) (%) (%) Measured 2,222 15.69 53.70 12.84 0.08 4.5 Murphy South/Rob Roy Indicated 474 15.6 53.7 12.8 0.08 4.5 Inferred 667 16 53 12 0.08 4.3 Boo-Loo/Dolphin Indic
Slide 16: Appendix - Irria Prospect
Appendix - Irria Prospect Table 4 – Summary of significant HM / VHM intervals, Irria Prospect (VHM>0.5%) From To HM VHM VHM_W Ilm Ru Zr Leu Trash Drillhole Section Thickness rsonal use only m m % % % % % % % % 25IRAC003 1 10.5 27.0 16.5 4.4 1.8 40 40 0 0 0 60.0 25IRAC004 1 0.0 3.0 3.0 2.0 1.6 80 80
Slide 17: Appendix - Irria Prospect
Appendix - Irria Prospect Modal analysis was completed on Table 6 – HM Modal Analysis Results of five samples – Final Mineral Assemblage five samples to help inform the Composite Number SA030 SA031 SA046 SA063 SA098 sachet logging. A weighted rsonal use only Ilmenite Product 93.2 92.8 85.4 89.6 0.0