THE JUMBUCK GOLD PROJECT

– THE ROAD TO PRODUCTION July 2015

1  

DISCLAIMER

•  This  presenta,on  does  not  purport  to  provide  all  of  the  informa,on  an  interested  party  may  require  in  order  to  inves,gate  the  affairs  of  IronClad  Mining  Limited  IronClad)  nor  shall  it  be  construed  as  a  solicita,on  to  buy  or  sell  IronClad  securi,es,  or  to  engage  in  or  refrain  from  engaging  in  any  financial  transac,on.  In  preparing  this  presenta,on  IronClad  did  not  take  into  account  the  investment  objec,ves,  financial  situa,on  and  par,cular  needs  of  the  individual  investors.    

•  Before  making  an  investment  decision  on  the  basis  of  this  presenta,on,  the  investor  needs  to  consider,  with  or  without  the  assistance  of  a  financial  advisor,  whether  the  investment  is  appropriate  in  light  of  their  par,cular  investment  needs,  objec,ves  and  financial  circumstances.  

•  This  presenta,on  is  based  on  informa,on  acquired  from  associated  companies,  internal  company  reports  and  technical  informa,on  believed  to  be  reliable  but  IronClad  does  not  make  any  representa,on  or  warranty  to  its  accuracy,  completeness  or  currency.  IronClad  accepts  no  obliga,on  to  correct  or  update  the  informa,on  or  opinions  expressed  in  it.  Opinions  expressed  are  subject  to  change  without  no,ce  and  accurately  reflect  the  views  of  IronClad  at  the  ,me  of  presen,ng.  Photographs,  unless  cap,oned,  are  not  from  the  project  area.  

•  This  presenta,on  has  originated  from  IronClad  Mining  Limited.    •  The  informa,on  that  relates  to  explora,on  targets,  explora,on  results  and  drilling  data  is  based  on  informa,on  compiled  by  

Ian  D.  Finch  who  is  a  member  of  the  Australian  Ins,tute  of  Resources  and  Metallurgy  and  who  has  more  than  five  years  experience  in  the  field  of  ac,vity  being  reported  on.    

•  Ian  Finch  has  sufficient  experience  which  is  relevant  to  the  style  of  mineralisa,on  and  type  of  deposits  under  considera,on  and  to  the  ac,vity  which  he  is  undertaking  to  qualify  as  a  competent  person  as  defined  in  the  2012  Edi,on  of  the  ‘Australasian  Code  for  Repor,ng  of  Explora,on  Results,  Minerals  Resources  and  Ore  Reserves.  

•  IronClad  Mining  Limited  consents  to  the  inclusion  in  the  presenta,on  of  the  maTers  based  on  his  informa,on  in  the  form  and  content  in  which  it  appears.  

•  Explora,on  Target  (Target)  Statement:  •  An  Explora,on  Target  (Target)  does  not  cons,tute  the  defini,on  of  any  resource,  which  is  compliant  with  the  JORC  Code.  

Target  tonnages  and  grades  contained  herein  are  conceptual  in  nature  and  may  or  may  not  be  realised  through  comple,on  of  further  explora,on  and  other  studies  on  the  targets  described.  As  such,  it  is  uncertain  if  further  explora,on  will  result  in  the  determina,on  of  tonnages  and  grades  that  conform  to  mineral  resources  or  ore  reserves  under  the  JORC  code    

MERGER

ASX:  IFE  

ASX:  TYX  

CORPORATE PROFILE

ASX: IFE (soon to be TYX)

Ø Shares  on  Issue…………………….  208  M  Ø Op;ons  on  Issue…………………..  38  M  Ø Share  Price……………………………  2.2c  Ø Market  Capitalisa;on……………  $4.6  M  

» Ian  Finch  –  Chairman  » Neil  McKay  –  Director  » Peter  Rowe  –  Director  » Bruno  Seneque  -­‐  Director  

RE-CAPITALISATION

Ø  Liquid  Assets  (OGX  shares)……………$1.2M  Ø  Sale  of  Assets  (being  finalised)……..$3.0M  Ø  Return  of  Environmental  Bond……..$0.3M  Ø  Cash  at  Bank…………………………………$0.4M  Ø  Proposed  Equity  Raising……………….$0.6M  

 

     TOTAL  =  $5.5M  

WHY INVEST ?

         Challenger  Mine  

1Moz of Gold Production 108,000Oz Au @ 9.52g/t at its peak (2005-06)

DOMINANT LAND POSITION

•  IronClad  control  +8,000km2    surrounding  the  Challenger  Gold  Mine.  

 •  Resurgence  in  ac7vity  in  Western  Gawler  Craton  

•  IronClad  has  largest  and  most  prospec7ve  land  holding  

             Objec;ves    

• Early  Produc;on.    • Process  through  Challenger  Mill.      • Revenues  to  fund  Resource  /  Reserve  defini;on  at  Pipeline  prospects.    

 

UNTESTED  CALCRETE    ANOMALIES  

COHERENT  CALCRETE    ANOMALIES  

FIRST  PASS    DRILLING  SUCCESS  

ECONOMIC    INTERSECTION  

DEPOSIT  

RESOURCE  

MINE   CHALLENGER  

PROJECT DEVELOPMENT

 >280  Targets

 

1  Deposit  

3  Deposits  

3  Prospects  

9  Prospects  

16  Targets  

 Pipeline    to  produc;on    

PRIORITY 1 PROSPECTS

THE PLAN

Drill  “Golf  Bore”  Target  100-­‐150,000  Oz    

@  3g/t  Gold  

Drill  5  Other  Golf  Bore-­‐like  Targets  

Target  500,000  Oz    @  +3g/t  Gold  Resource  

Drill  Deeper,  Higher  Grade  Challenger  Lookalike  Targets  

Target  1  -­‐5M  Oz  @  6  -­‐  9g/t  Gold  Resource  

+/-­‐  300,000Oz  Reserve  

Mine  –  Centrally  Located  Plant   Mine  –  Centrally  Located  Plant  

Reserve  

FIRST  PHASE    (Open  Pit)  

SECOND  PHASE    (Underground)  

Legend  Historic  Drill  Hole  

Planned  Drill  Hole  

Mineralised  Zone  

Poten;al  Extent  of  Ore  Body  

GOLF BORE - PLANNED DRILLING

Legend  

Historic  Drill  Hole  

Planned  Drill  Hole  

Mineralised  Zone  

Poten;al  Extent  of  Ore  Body  

GOLF BORE - PLANNED DRILLING

Challenger  Pit  Outline    (for  scale)  

1/31.6   15/3.8  

2/17.6  

1/15.9  

SW   NE  

100m

 

4/9.5  =  No.  of  metres/Au  grade  (g/t)  

1/24.5  

4/11.6  

1/52.3  

11/5.5  

OPEN   4/4  9/2.8  

15/3.1   3/4.3  2/5.9  

OPEN  3/5  

15/6.4  

7/10  

1/25.7   2/5.6   7/7.9  4/19  1/11.7  

2/8.8  

23/3.1  Inc.  2/28.1  

7/4.6  

1/10.7  15/2.8  

GOLF BORE - LONG SECTION

Calcrete  Legend    Au  (ppb)  

3m@2.48g/t  

1m@9.89g/t  

2m@1.71g/t  

1m@3.03g/t  

EL  IFE  53%/KCN  47%  

EL  IFE  100%  

GOLF  BORE  NORTH  

GOLF  BORE  

GOLF BORE NORTH

TYPHOON

CHALLENGER    GOLD  MINE  

TYPHOON  

TYPHOON - LONG SECTION

NE  SW  

6/9.6  Inc.  1/37.9  

1/6.4  

7/6.01  Inc.  1/33.7  

3/2.83   9/1.92  

12/2.1  

6/1.1  3/3.5  1/28.8  

2/4.6  

1/2.87  3/3.68  

4/2.42  4/1.89  

4/6.18   12/2.2  

4/6.18      =    No.  of  metres/Au  grade  (g/t)  

50m  OPEN  

MAINWOOD

CHALLENGER    GOLD  MINE  

MAINWOOD  

MAINWOOD LONG SECTION

12/1.7   1/5.3  

1/33.5  

SW   NE  

4/9.5  =  No.  of  metres/Au  grade  (g/t)  

2/4.2   10/1.7  1/41.1  

13/3.5  Inc.  1/25.2  

6/4.7  

3/3.2  100m  

13/1.1  

8/2  

10/1.6  

27/1.2  6/2.5  4/4.9  

HOW? .... PLAN ‘A’

PROCESS  THROUGH  CHALLENGER  PLANT  

Source:  Kingsgate  Consolidated  

•  Low  to  Nil  CAPEX    •  Early  Cash  Flow  

Fast-­‐track  to  Reserve  at  Golf  Bore  

Process  Ore  Through  Plant  Subject  to  Terms  of  JV  

HOW? ... PLAN ‘B’ ACQUIRE  /  BUILD    

PLANT  Aggressively  target  ~500,000  Oz  Gold  near  

surface  resource  base    

Convert  to  reserves  of  ~300,000  Oz  @  3g/t  Au  

650  tpa  plant    net  40,000  Oz  Au  per  annum  over  7.5  years  

 •  Well-­‐posi;oned  for  regional  control  of  new  gold  province  

 

WHY INVEST?

Ø Near  Produc;on    Ø Low  to  nil  CAPEX  Required  Ø Clear  Plan  &  Strategy  Ø Low  Entry  Point  Ø First  Mover  Advantage  Ø Extensive  New  Gold  Province  

POLLUTED WITH GOLD

A NEW GOLD PROVINCE

THANK YOU 25  

CHALLENGER GOLD MINE

•  Consistent high grade gold mined to depth of 1km

•  Produced over 1Moz @ ~6g/t Au since 2002

•  Several other zones

discovered during operations

•  Produced 108,000Oz @ 9.52g/t Au at its peak (2005-06)

•  Regional exploration

since discovery has been sparse

Source:  Kingsgate  2015