Iron Road Ltd · ASX:IRD
Iron Road — Investor Presentation (August 2009)
15 slides from Iron Road's investor presentation, August 2009
Slide 1: Company Overview
Iron Road Limited C Company O Overview i August 2009 Andrew Stocks – Managing Director www.ironroadlimited.com.au 1
Slide 2: Forward-Looking Statements
Forward‐Looking Statements Thi presentation This i containsi forward f d looking l ki statements concerning i the h projects j ownedd by b Iron I R d Limited. Road Li i d Statements S concerning i mining i i reserves and resources may also be deemed to be forward looking statements in that they invo
Slide 3: Summary
Summary Focussed iron ore junior, experienced and motivated team Ordinary shares 62,866,578 Listed options 27 305 440 27,305,440 Unlisted options 19,625,000 IPO June 2008 – A$5M 0.6 0.5 Secondary raising August 2009 – A$2.4M 0.4 0.3 0.2 0.1 0 Key shareholders The Sentient Group (25%) Board & Managem
Slide 4: The Team
The Team Julian Gosse Banking, Broking, Public Company Management The Company has a distinguished Board Ian Hume Managed Funds, Capital Raisings, Project Dev and management M tth K Matthew Keegan Mi i Operations, Mining O ti Managed M d Funds, F d Research R h team that are Andrew Stocks Mining Oper
Slide 5: The Projects
The Projects Pre‐development d l project j with i h excellent ll iinfrastructure f nearby, b complemented by advanced and early stage exploration projects. Warramboo Pre‐development p magnetite g project in South Australia, Project locations large scale and high quality iron concentrate potential We
Slide 6: Warramboo
Warramboo Pre‐development Pre development magnetite project High quality product – concentrate grade ~70 iron average Large scale targets, potential substantial size to underpin operation Several transport options Warramboo locality 1. 80km east of Elliston 2 2. 150km north of Tumby Bay and Sheep Hi
Slide 7: Warramboo Three stage approach
Warramboo Three stage approach Stage 1 Is a marketable concentrate achievable across th deposit? the d it? 32 holes, 4465 metres of RC drilled Magnetic and gravity surveys used to target mineralisation l Coarse grained magnetite average grain size 1½mm High quality product potential Midrex quality s
Slide 8: Warramboo Stage I drilling
Warramboo Stage I drilling S Stage I results l • Demonstrated continuityy and large scale targets • Davis Tube Recovery test work ‐ 70.3% 70 3% Fe F ‐ 0.96% SiO2 ‐ 0.81% Al2O3 ‐ 0.003% P ‐ 0.002% S www.ironroadlimited.com.au 8
Slide 9: Warramboo Three stage approach
Warramboo Three stage approach Stage 2 Ore body continuity and understanding – is i a Mineral Mi l Resource R achievable? hi bl ? One RC drill rig and two diamond drill rigs Collins 7 holes 1042m Boo‐Loo 27 holes 5958m Boo‐Loo met 1 hole 210m Total 35 holes 7210m 200m sections drilled over 1.7km (~3
Slide 10: Warramboo Three stage approach
Warramboo Three stage approach Stage 3 Is potential size enough to justify a large scale operation? ti ? Conceptual Exploration Target being prepared Will be used to support • Concept studies • Target generation (drilling) • C Community it discussions di i Will test identified areas of high potentia
Slide 11: Warramboo Work ahead
Warramboo Work ahead – another staged approach Resource – further geophysics and drilling, test Global Exploration Target Infrastructure f – options for f materiall h handling, dl ports, power and water Scoping – project size, plant design, marketing, resource expansion, expansion test Global Explor
Slide 12: Gawler
Gawler Large project area – 3380km2 Located on the Trans Australian Railway Gawler locality and within 100km of Adelaide‐Darwin Railwayy Over ten areas of known historic iron occurrences Hematite and magnetite target areas Mt Christie beneficiation test work 1960’s Concentrates of 56 ‐ 65% Fe Recove
Slide 13: Our Neighbours
Our Neighbours Iron focussed companies and their industrial partners in the h region i Iron Road – independent Western Plains l – Wuhan of China IronClad – Wuhan of China Centrex – Wuhan and Baotou of China Lincoln Minerals – Mineral Enterprises Limited of India www.ironroadlimited.com.au 13
Slide 14: Immediate Outlook
Immediate Outlook Warramboo • Expanded metallurgical test work programme P M t ProMet SStrong team – career • Evaluating other prospects within project area miners with • Substantial resource upside – only 1.7km of +50km backgrounds in strike tested to date project p j financing,g, • Infrastructure
Slide 15: Iron Road Limited
Iron Road Limited www.ironroadlimited.com.au www.ironroadlimited.com.au 15