ASX Release and Media Announcement 19 June 2012

DIAMOND DRILLING UPDATE AT CENTRAL EYRE IRON PROJECT

Iron Road Announces Exploration Target Increase for Rob Roy Prospect

Iron Road Limited (Iron Road, ASX: IRD) is pleased to announce an increase in the exploration target for the Rob Roy Prospect, following the completion of the first phase of the Stage VII Mineral Resource expansion drilling programme at the Central Eyre Iron Project (CEIP). A follow-up extension drilling programme is currently underway.

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