Iron Road Ltd · ASX:IRD

Iron Road — Iron Ore 2017

20 slides from Iron Road's conference presentation, Jul 26, 2017

  1. Slide 1: Iron Ore 2017 - Central Eyre Iron Project

    Iron Ore 2017 24-26 July 2017 For personal use only Central Eyre Iron Project Developing a new iron ore mine in a challenging climate

  2. Slide 2: Disclaimer

    Disclaimer For personal use only Forward Looking Statements This announcement contains certain statements with respect to future matters which may constitute "forward-looking statements". Such statements are only predictions and are subject to inherent risks and uncertainties which could cause actua

  3. Slide 3: Overview

    Overview • Open pit mine, processing facilities, rail, port and all supporting For personal use only infrastructure • 24 Mtpa (dry) of 67% Fe magnetite product • ~100 µm direct sinter feed, no further processing • 3.7 Bt @ 15% Fe Ore Reserve – largest in Australia • 1 Mt per day total material movem

  4. Slide 4: Location

    For personal use only Location

  5. Slide 5: Orebody

    For personal use only Orebody

  6. Slide 6: Geology

    Geology For personal use only • Quartz – feldspar – magnetite – garnet – biotite gneiss • Low levels of S and P • No clays, igneous intrusions or faults • Low variability • Average UCS of 110 MPa

  7. Slide 7: Mineralogy

    Mineralogy For personal use only • Mainly quartz – feldspar – magnetite • Coarse-grained, average of 1.5 mm • Cut with micro-fractures Sharp grain boundaries 0.18mm • • Grain size has driven the approach to process design 0.18mm

  8. Slide 8: Blasting and IPCC

    Blasting and IPCC For personal use only • Using blasting as “primary crushing” • In-Pit Crushing and Conveying • Scalping screens and sizers • Waste and Ore crushed • Conveyors moving crushed waste and ore

  9. Slide 9: Conveyors

    Conveyors For personal use only • ~70 km of conveyors on the site once at full capacity • Minimising use of trucks • Ore stacked on the ROM • Waste transported to the Integrated Waste Landform (IWL) - Tailings from process co- mingled

  10. Slide 10: Simplified Process Flowsheet

    Simplified Process Flowsheet For personal use only

  11. Slide 11: Product

    Product For personal use only • 24 Mtpa (dry) • 67% Fe • 100 µm • 8% moisture • SiO2 + Al2O3 <5% • P < 0.01% • S < 0.01%

  12. Slide 12: Testwork

    Testwork • ALS Laboratories For personal use only • Bureau Veritas • Industry leaders including TUNRA, DRA Mineral Projects, Thiess, Orica, MMD, Weir, FL Smidth, Mineral Technologies and potential other suppliers • Programmes included: • Davis Tube Recovery (DTR) • Comminution parameters • Magnetic

  13. Slide 13: Tailings

    Tailings For personal use only • Two tailings sizes – Coarse ~4 mm – Fine ~100 µm • Coarse free draining with screens • Fines dewatered with vacuum filter belt to 10% • Water recovered and stays in the process • Tailings added to waste conveyor

  14. Slide 14: Dumping Technology for IWL

    Dumping Technology for IWL For personal use only • Three spreaders at 25,000 tph each • Three dumping benches of 45 m height each (30 m deep dump + 15 m high dump) • Slewing development of IWL • Potential for in-pit truck dumps in later stage

  15. Slide 15: Water

    Water • Process recycles water where possible For personal use only • Bore field located ~60 km from mine site – Hyper saline – Processing in bore water • RO plant produces clean water for washing the concentrate product, gland seals and potable requirements – Brine used as dust suppression • Mine p

  16. Slide 16: Modular Design

    Modular Design • Prefabrication and For personal use only preassembly in an offshore fabrication facility • Nine super modules per process train • Controls schedule, safety and logistics concerns • First three stages of commissioning before transported to site • Fabrication and transport experts inv

  17. Slide 17: Largest module is the CMS building

    Largest module is the CMS building For personal use only 47 m long 19 m wide 44 m high Slightly larger footprint than the Duxton Hotel and just 5m shorter

  18. Slide 18: Things do not just happen

    “Things do not just happen. “Things do not just happen. They are made to happen.” For personal use only They are made to happen.” John F Kennedy John F Kennedy www.ironroadlimited.com.au admin@ironroadlimited.com.au

  19. Slide 19: Appendix: CEIP Ore Reserve Summary

    Appendix Table 1 – CEIP Ore Reserve Summary For personal use only Resource Metric Tonnes Fe SiO2 Al2O3 Classification (Mt) (%) (%) (%) Proved 2,131 15.55 53.78 12.85 Probable 1,550 14.40 58.58 12.64 Total 3,681 15.07 53.70 12.76 The Ore Reserves estimated for CEIP involving mine planning is based on

  20. Slide 20: Appendix: CEIP Global Mineral Resource

    Appendix Table 2 – CEIP Global Mineral Resource For personal 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 Indica

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