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
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 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 including PhD Market Cap
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 Reserve at 3.7Bt • Enjoys Federal and State approvals • Good long-term relationships with landowners, including farmers’ co-operative EPCBH • Esta
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- • a premium Sinter Feed iron concentrate (~67% Fe) for feedstock blends in conventional iron making ie. blast furnace • a premium
Slide 6: Central Eyre Iron Project
Central Eyre Iron Project • Twelve infill diamond drillholes were used to verify block model variography • 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 regarded as a good r
Slide 7: Revera Energy
Revera Energy • Revera Energy, backed by Carlyle Global Infrastructure, has three Solar PV/BESS 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 hydrogen electrolys
Slide 8: Mulgathing Project
Mulgathing Project • Mulgathing Project farm-in deal executed June 2025 with unlisted public company Red Tiger Resources Ltd (RTR) • 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 arrangement with R
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 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 & 1km wide • Compo
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 Accelerated Discovery Initiative) • Airborne variable time domain electromagnetic surveys (VTEM) & analysis undertaken d
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 • Three RC drill holes for a total 464m were completed during September 2026- • RCDH01 to 156m (-70°) • RCDH02 to 132m (-60°) • RCDH03 to 176m (-60°) • RC chi
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 • Re-evaluate the Cape Hardy asset following Revera Energy’s decis
Slide 13: Authorised for release by the board of Iron Road Ltd
Authorised for release by the board of Iron Road Ltd 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 [email protected]
Slide 14: Appendix - CEIP
Appendix - CEIP Table 1 – CEIP Ore Reserve Summary 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 on and fairly rep
Slide 15: Appendix - CEIP
Appendix - CEIP Table 2 – CEIP Global Mineral Resource 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 Indicated 796 16.0 53
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 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 0 0 0 20.0 25IRA
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 Ilmenite Product 93.2 92.8 85.4 89.6 0.0 average percent