IronRidge Resources

Website: www.ironridgeresources.com.au
Primary ticker: AIM:IRR
Stage of development: Development
Commodity: Gold, Lithium
Project to promote: Zaranou Gold Project | Cape Coast Lithium Project

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IronRidge is an African focussed, diversified minerals exploration company that creates shareholder value through the discovery, development and monetisation of mineral projects through African operational, exploration and studies expertise, large-scale contiguous tenure positions and an emphasis on geological and/or jurisdictional frontier provinces.
We have recently made significant discoveries in the lithium and gold exploration sectors. Our Ghanaian Cape Coast Lithium Project has initially delivered exciting and potentially world class lithium grades and drill intersections, whilst in Chad, we have uncovered a substantial gold bearing province with a surface footprint rivalling some of today’s largest operating gold mines.

Management Profile

Vincent Mascolo – CEO

Vincent is the Chief Executive Officer and Managing Director of IronRidge Resources. Vincent is a mining engineer with over 25-years extensive experience across the civil, construction and mining industries in a variety of fields including gold and coal mining and quarrying.
Vincent has held Directorships for various public companies over the past fourteen years. He has been primarily responsible for a number of new developments for IronRidge Resources including new partnerships and project expansions for the company. Vincent was instrumental in the raising of £9.7m for admission to AIM on 12 February 2015.

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Market awareness

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IronRidge has made three (3) discoveries in three (3) jurisdictions in three (3) years and we have 6 other province scale projects under development.

Analyst Insight – provided by Independent Investment Research

IronRidge Resources is an AIM-listed minerals exploration company with a diversified portfolio of gold, lithium, bauxite, titanium and iron ore in frontier regions of Africa and Australia.

IronRidge made its AIM debut in February 2015, successfully securing strategic alliances with three international companies: Assore Limited of South Africa, Sumitomo Corporation of Japan and DGR Global Limited of Australia.

IronRidge has a significant province-scale gold portfolio in Chad, and multiple province-scale gold and lithium projects in Ivory Coast and Ghana through joint venture and direct application, wholly-owned advanced bauxite and titanium projects in Queensland, Australia and two wholly-owned province scale iron ore projects in Gabon.

The company has recently made significant discoveries in the lithium and gold exploration sectors. Its Ghanaian Cape Coast Lithium Project has initially delivered exciting and potentially world-class lithium grades and drill intersections, whilst in Chad, it has uncovered a substantial gold-bearing province with a surface footprint rivalling some of today’s largest operating gold mines.

In Ghana, the company entered into earn-in arrangements for access rights to the historical Egyasimanku Hill spodumene-rich lithium deposit, estimated to be in the order of 1.48Mt at 1.67% Li2O and surrounding tenements. The portfolio covers some 684 sq km, with the newly-discovered Ewoyaa project including drill intersections of 128m @ 1.21% Li2O from 3m and 111m @ 1.35% Li2O from 37m, and a further identified 20km strike of pegmatite vein swarms.

In Chad, the company entered into an agreement with Tekton Minerals Pte Ltd of Singapore concerning its portfolio covering 900 sq km of highly prospective gold and other mineral projects. IronRidge acquired 100% of Tekton including its projects and team to advance the Dorothe, Echbara, Am Ouchar, Nabagay and Kalaka licenses, which host multiple, large-scale gold projects.

In Côte d’Ivoire, the company entered into conditional joint venture arrangements that secured access rights to highly prospective gold mineralised structures and pegmatite occurrences covering a combined 3,187 sq km and 1,172 sq km area respectively. The projects are well located within access of an extensive bitumen road network and along strike from multi-million ounce gold projects and mines.