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IronClad Mining: Wilcherry Hill Set To Benefit From Former Worley Parsons Project Director’S Skills

IronClad Mining (ASX: IFE) has gained the experience of 40 year civil engineering veteran David Burvill with his appointment as project director.

Burvill, a former senior executive of Worley Parsons and OZ Minerals (ASX: OZL), specialises in the development of large scale resource projects, which will benefit IronClad greatly as it develops the Wilcherry Hill iron ore project on South Australia's Eyre Peninsula.

He was most recently project director for Worley Parsons at Hancock Prospecting's Roy Hill iron ore project in Western Australia, where he was responsible for the greenfield development of the mine's processing plant and associated infrastructure.

Burvill was also project director at OZ Minerals' Prominent Hill copper-gold project in South Australia, where he was responsible for the management of the mine's design, procurement, construction and commissioning.

He has also held a similar position with Ertech, which was awarded the construction contract for the Chevron-Exxon Mobil Gorgon LNG plant on Barrow Island, off Western Australia.

Burvill has also worked for BHP Billiton (ASX: BHP), WMC Limited and Anaconda Nickel.

Wayne Richards, managing director of IronClad Mining, commented on the appointment: "David has the exact knowledge, experience and skill set required by the company to progress our Wilcherry Hill and Hercules iron ore projects.

"He will primarily focus on the project development and construction execution plan for the Gravity Separation (wet beneficiation) Circuit at Wilcherry Hill.

"This processing facility has recently progressed to a stage of 'expressions of interest' for detailed Front-end Engineering and Design and construction."

IronClad Mining is moving closer to cash flow generation from the Wilcherry Hill mine with the South Australian Government's recent approval of the development application for port facilities designed for iron ore shipments from the project.

A major plus for Wilcherry Hill is that the first two years of production from the project has been contracted for sale to international steel mills under comprehensive sales and marketing agreements.

Additionally, 50% of year three and four's forecast production has been contracted for sale through an offtake agreement with Hong Kong-based company New Page Investments.

Stage one at the project includes the production of 1 million tonnes per annum of direct shipping ore magnetite, which will double in the second year of operation.

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