Iron Road Limited is an Australia-based company engaged in the exploration and evaluation of its iron ore ground holdings. The Company owns 100% interest in the Central Eyre Iron Project, which is located on the Eyre Peninsula of South Australia (SA) and is a collection of three iron occurrences (Warramboo, Kopi & Hambidge). Prefeasibility studies at the project have shown that a 12.4 million ton per annum iron concentrate operation is viable with competitive operating and capital costs. The Company also has an earning up to 90% in the Gawler Iron Project, which is located 25 kilometers north of the Trans Australian Railway and within 100 kilometers of the central Australia Railway in SA. In addition, it has a convergent earning up to 75% in the Windarling Peak Project, which is located approximately 85 kilometers north of Koolyanobbing, Western Australia.