Iron Road Ltd · ASX:IRD
Iron Road — Investor Presentation (June 2009)
17 slides from Iron Road's investor presentation, Jun 9, 2009
Slide 1: Company Overview
For personal use only Iron Road Limited C Company O Overview i June 2009 Andrew Stocks – Managing Director www.ironroadlimited.com.au 1
Slide 2: Forward-Looking Statements
For personal use only Forward‐Looking Statements This presentation contains forward looking statements concerning the projects owned by Iron Road Limited. Statements concerning mining reserves and resources may also be deemed to be forward looking statements in that they involve estimates based on s
Slide 3: Summary
Summary For personal use only Focussed iron ore junior, experienced and motivated team The hi Th highh iiron content of the magnetite Ordinary shares 54,650,000 concentrate combined with an Listed options 27 325 017 27,325,017 overall chemistry Unlisted options 19,625,000 relatively free of deleteri
Slide 4: The Team
The Team For personal use only Julian Gosse Banking, Broking, Public Company Management The Company has a distinguished Board Ian Hume Managed Funds, Capital Raisings, Project Dev and management Matthew Keegan Mining Operations, Managed Funds, Research team that are Andrew Stocks Mining Operations &
Slide 5: The Projects
The Projects For personal use only Advanced d d stage exploration l i projects j with i h excellent ll iinfrastructure f nearby, complemented by early stage projects. Warramboo Advanced stage g magnetite g exploration project in South Project locations Australia, large scale and high quality iron co
Slide 6: Warramboo advanced stage exploration project
Warramboo For personal use only Advanced stage exploration project High quality product – concentrate grade 70.3% Fe average Large scale targets Several transport options Warramboo locality 1. 80km east of Elliston 2 2. 150km north of Tumby Bay and Sheep Hill 3. 175km north of Port Lincoln 4. 185km
Slide 7: Magnetic and gravity surveys used to target mineralisation
Warramboo For personal use only Magnetic and gravity surveys used to target mineralisation Large area 50km off strike length g over three major project areas Coarse grained magnetite average grain size 1½mm High quality product indicated Midrex quality specification Consistency of product hi h grade
Slide 8: Stage I drilling
Warramboo Stage I drilling For personal use only 32 holes, 4465 metres www.ironroadlimited.com.au 8
Slide 9: Stage I drilling
Warramboo Stage I drilling For personal use only www.ironroadlimited.com.au 9
Slide 10: Stage I drilling results
Warramboo Stage I drilling For personal use only 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 10
Slide 11: Stage II drilling
Warramboo Stage II drilling For personal use only www.ironroadlimited.com.au 11
Slide 12: Stage II drilling
Warramboo Stage II drilling For personal use only RC only RC with diamond S Stage II objectives bj i tail Diamond met hole • Demonstrate N continuityy (200m sections over 1.8km – of 50km strike length) • Investigate I ti t potential for maiden Resource ( (60‐80Mt) ) • Expanded metallurgical test 200
Slide 13: Gawler
Gawler For personal use only 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
Slide 14: Our Neighbours
Our Neighbours For personal use only 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.ironroadlim
Slide 15: Immediate Outlook
Immediate Outlook For personal use only Warramboo SStrong team – career • Processing assays and DTR test work for Stage II drilling miners with backgrounds in • Review potential for maiden Resource (60‐80Mt magnetite) project p j financing,g, C ff Mining Coffey Mi i development and • Expanded metall
Slide 16: Summary
Summary For personal use only Near term re‐rating i opportunity i with i h maiden id resource “As the “A h resources industry enters a Mid term value as project progresses towards feasibility studies challenging stage, the Substantial resource upside – only 1.8km 1 8km of 50km strike tested to date
Slide 17: Iron Road Limited
Iron Road Limited For personal use only www.ironroadlimited.com.au www.ironroadlimited.com.au 17