IronClad Mining Limited
IronClad Mining Limited (“IronClad”) listed on the ASX in July 2007 for the purpose of developing the Wilcherry Hill magnetite project, favourably located 105km from the steel industry at Whyalla in South Australia and 40km north of Kimba in the northern Eyre Peninsula.
A desktop study commissioned by Trafford Resources in 2007 showed the Wilcherry Hill magnetite project was potentially viable. IronClad has since earned 80% entitlement of the iron ore from Joint Venture partner Trafford Resources.
Proactive Investors Stocktube Interview: IronClad Chairman, Ian Finch, discusses Wilcherry Hill’s 5-600 million tons of high quality iron ore potential and Hercules’ upside potential of 2 BILLION tons.
