Iron Road Limited (ASX:IRD) CEIP - Stage VI Drilling Programme Update
Sydney, July 19, 2011 AEST (ABN Newswire) - Iron Road Limited (Iron Road, 
ASX: IRD) is pleased to advise that Stage VI drilling at the Central Eyre Iron Project (CEIP) continues to proceed to plan.
CEIP Summary
- The Stage VI drilling programme investigates the western extension of Murphy South.
- Four rigs drilling diamond tails, with selected holes being extended into the footwall for geotechnical measurements.
- Full and partial traverses completed to date confirm the extension of Murphy South to the west of the Stage V drilling programme.
- Programme on track to define a mineral resource estimate of considerable size and tonnage additional to the current 1.01Bt identified at Murphy South.
Progress to date
-----------------------------------------------------------------------Hole Type Metres Completed (m) Holes Completed (No.)RC (pre-collar- all complete) 5,078 63-----------------------------------------------------------------------Diamond (tail) 11,284 38-----------------------------------------------------------------------
The exploration target for Murphy South (western extension), across the 10 traverses designed for the Stage VI drilling programme, is 500-800Mt magnetite gneiss.
The Stage VI drilling programme comprises 64 diamond drill holes for over 25,000m. Cross-sections of traverses A, E and F can be obtained from the full document in the link below. The geology intersected in all traverses thus far is consistent with interpretations from inversion modelling of detailed, high resolution aeromagnetic surveys.
Contact
For further information, please contact:
Andrew Stocks
Managing Director
Iron Road Limited
Tel: +61-8-9200-6020
Mob: +61-403-226-748
Email: astocks@ironroadlimited.com.au
Shane Murphy or Sarah Browne
FD
Tel: +61-8-9386-1233
Mob: +61-420-945-291 / +61-439-841-395
Email: shane.murphy@fd.com.au
Or visit www.ironroadlimited.com.au
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