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Distributed: Feb 1, 2008

Ironclad Mining Limited ASX: IFE - December 2007 Quarterly Report - Mr Ken Hellsten, MD

Sydney, Feb 1, 2008 (ABN Newswire) - Ironclad Mining Limited (ASX: IFE) - December 2007 Quarterly Report - Mr Ken Hellsten, MD; Ironclad Mining Limited (ASX: IFE) present the following audio webcast regarding "IFE - December 2007 Quarterly Report - Mr Ken Hellsten, MD".

- Strong executive team established

- Iron mineralisation at Ultima Dam East (UDE) extended to strike length of 1000 metres

- Iron grade confirmed at UDE and potential DSO grade material identified

- Excellent recoveries and product indicated from Davis Tube tests of UDE magnetite

- Drilling of Numancia and Ultima Dam hematite and magnetite targets commences in January 2008

- Surface sampling and data review confirm prospectivity of Hercules area

- Infrastructure options progressed with MoU signed with Flinders Ports for Port Bonython study.

Broadcast Type: Audio stream

Audio webcast Link:

Listen to the Audio stream and view the announcement for Ironclad Mining Limited (ASX: IFE) below.

http://abnnewswire.net/vlnk/2YI2V077

About Ironclad Mining Limited

Ironclad Mining Limited (Ironclad) was established to accelerate the development of the exciting Wilcherry Hill iron ore deposits located 40 kilometres north of Kimba on South Australia's Eyre Peninsula. The Wilcherry deposits contain coarse crystalline magnetite and low silica contents which enable low cost and efficient production of concentrates containing over 70% Fe with very low impurity levels. In addition, metal recoveries of over 95% and mass recoveries of 50% and up to 75%, are significantly higher than for typical Australian banded iron formation (BIF) magnetite deposits.