Iron Ore Holdings (IOH)

Shares / Stock Code

IOH

Stock Exchange / Sharemarket

ax

Iron Ore Holdings (IOH) is an iron ore exploration company targeting channel iron ore deposits. Its tenements are situated in the Pilbara region and include Yandicoogina Creek, South Marillana, Lamb Creek and North Marillana. IOH was established in December 2003 and was listed on the ASX in May 2005. Its head office is situated in Perth.

In the Western Pilbara Project area the Company has two projects, Buckland Hills and Maitland River covering a total of 350 square kilometers. The Buckland Hills project is located seven kilometers from Robe River’s Mesa J mine site and is adjacent to the Robe River buried channel iron deposits (CID) at Bungaroo and Jimmawurrada. The Buckland Hills Project has a number of defined drill targets comprising outcropping CID, detrital iron deposits and bedded iron deposits targets.

IOH's tenements are strategically located in the central part of Pilbara. The company is conducting geological mapping and drill target identification of the high priority areas within specific tenements.

IOH competes with other mining exploration companies based in Australia and overseas such as BHP Billiton and RIO Tinto. Its major customers will come from China and other developing countries in Asia.