Iron Road Ltd · ASX:IRD
Iron Road — Shareholder Meeting (November 2008)
15 slides from Iron Road's shareholder meeting presentation, Nov 18, 2008
Slide 1: Iron Road Limited Annual General Meeting
For personal use only Iron Road Limited Annual General Meeting Celtic Club – 18 November 2008 Andrew Stocks – Managing Director
Slide 2: Disclaimer
Disclaimer 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
Slide 3: Summary
Summary For personal use only Iron Road A new focused iron ore company Team Experienced and motivated team Projects Advanced stage exploration projects with established infrastructure nearby, complemented by early stage projects Funding Minimal seed raised, supportive and well regarded cornerstone i
Slide 4: Corporate Summary
Corporate Summary For personal use only Commenced trading 12 June 2008 (ASX:IRD, IRDO) raised A$5M Ordinary Shares 54,650,000 Listed Options 27,325,017 Unlisted Options 21,125,000 Cash $4.6M (at 30 Sept 2008) ~8.5 c/share Key Shareholders Adelaide Resources (38.4%) www.adelaideresources.com.au The S
Slide 5: The Team
The Team For personal use only Chairman Dr John McKee – PhD International Finance, significant appointments in both private and government sectors of the resources industry. Managing Director Andrew Stocks – Mining Engineer, ~20 years mining operations and corporate roles, Australia and overseas. Di
Slide 6: The Projects
The Projects For personal use only Advanced stage exploration projects with excellent infrastructure nearby, complemented by early stage projects. Warramboo Advanced stage magnetite exploration projects in South Australia West Gawler Large tenement area with numerous historical iron occurrences Wind
Slide 7: Warramboo
Warramboo For personal use only Advanced stage exploration projects Transport options 175km north of Port Lincoln & Proper Bay 80km east of Elliston 185km west of Whyalla and Port Bonython 200km southeast of Ceduna 150km north of Tumby Bay Coarse grained magnetite Large area, 50km of strike length o
Slide 8: Warramboo
Warramboo For personal use only Magnetic and gravity surveys – highlighting magnetic gneiss units Limited drilling by previous owners, RCWMB-1 includes 41m @ 24.2% Fe and 53m @ 21.6% Fe Met test work – 18 composites, resulting concentrate 70.0 – 70.9% Fe 69.7 – 71.4% Fe High quality product by simpl
Slide 9: Warramboo
Warramboo For personal use only Stage 1 – 6,000m RC. The program will establish the basis for metallurgical test work and Order of Magnitude study Drill rig and field staff on site - 27 of 37 holes drilled 97
Slide 10: Warramboo
Warramboo For personal use only Stage 1 Progress • Drilling confirms and in some instances exceeds results of previous programmes. • Demonstrated continuity of magnetite mineralisation along strike and down dip. • Enhanced understanding of sub-surface geology and structures. • Davis Tube Recovery te
Slide 11: Drilling at Warramboo
Warramboo For personal use only Drilling at Warramboo September 2008 11
Slide 12: West Gawler
West Gawler For personal use only Large project area – 3380km2 Located on the Trans Australian Railway and within 100km of Adelaide-Darwin Railway Over ten areas of known historic iron occurrences Hematite and magnetite target areas Mt Christie deposit beneficiation test work in the 1960’s Concentra
Slide 13: West Gawler Mt Christie
West Gawler For personal use only Mt Christie August 2008 13
Slide 14: Investment Case
Investment Case For personal use only Strong Team Career miners with a background in project development and operations. Projects Quality assets consisting of advanced stage exploration projects with established infrastructure nearby, complemented by early stage projects Financing Sufficient funds t
Slide 15: Annual General Meeting
Annual General Meeting For personal use only www.ironroadlimited.com.au 15