This document provides an overview of the Jumbuck Gold Project and IronClad Mining Limited's plans to bring the project to production. It discusses IronClad's dominant land position surrounding the historic 1 million ounce Challenger Gold Mine. The company plans initial production from near-term drilling targets like "Golf Bore" that could yield 100-150k ounces, then expanding exploration to establish a 500k ounce resource. Longer-term, drilling for deeper, higher grade deposits resembling Challenger is aimed at defining a 1-5 million ounce resource to underpin production from the centrally located Challenger processing plant. The overall goal is to generate revenues from early production to fund defining additional resources and reserves along

1. THE JUMBUCK GOLD PROJECT
– THE ROAD TO PRODUCTION
July 2015
1

2. 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

3. MERGER
ASX:
IFE
ASX:
TYX

4. 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

5. 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

6. WHY INVEST ?

7.
Challenger
Mine
1Moz of
Gold
Production
108,000Oz
Au @ 9.52g/t
at its peak
(2005-06)

8. 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

9.
Objec;ves
• Early
Produc;on.
• Process
through
Challenger
Mill.
• Revenues
to
fund
Resource
/
Reserve
defini;on
at
Pipeline
prospects.

10. 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

11. PRIORITY 1 PROSPECTS

12. 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)

13. Legend
Historic
Drill
Hole
Planned
Drill
Hole
Mineralised
Zone
Poten;al
Extent
of
Ore
Body
GOLF BORE - PLANNED DRILLING

14. Legend
Historic
Drill
Hole
Planned
Drill
Hole
Mineralised
Zone
Poten;al
Extent
of
Ore
Body
GOLF BORE - PLANNED DRILLING
Challenger
Pit
Outline
(for
scale)

15. 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

16. 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

17. TYPHOON
CHALLENGER
GOLD
MINE
TYPHOON

18. 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

19. MAINWOOD
CHALLENGER
GOLD
MINE
MAINWOOD

20. 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

21. 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

22. 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

23. 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

24. POLLUTED WITH GOLD
A NEW GOLD PROVINCE

25. THANK YOU
25

26. 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