ASX Release and Media Announcement 29 November 2011

CENTRAL EYRE IRON PROJECT - HAMBIDGE Completion of Stage IV Drilling Programme and Estimation of Exploration Target

Iron Road Limited (Iron Road, ASX:IRD) is pleased to announce that Stage IV drilling at the Central Eyre Iron Project (CEIP) is complete. The completed drilling programme has allowed for the estimation of an exploration target for the Hambidge prospect.

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