Additional Information
Market: ASX
Sector: General Mining
EPIC: IBG
Latest Price: A$0.16  (0,00%)
52-week High: A$0.34
52-week Low: A$0.15
Market Cap: A$58.94M
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Ironbark Zinc Limited
www.ironbark.gl

Ironbark is listed on the Australian Securities Exchange (ASX: IBG) and specialises in base metal exploration and development in Greenland and Australia.

Ironbark seeks to build shareholder value through exploration and development of its projects and also seeks to actively expand the project base controlled by Ironbark.  The management and board of Ironbark have extensive technical and corporate experience in the minerals sector.

Ironbark’s key focus is the Citronen Zinc-Lead deposit in Northern Greenland.

Pdf

Ironbark Zinc substantial shareholder boosts stake to 12%

9th May 2011, 5:30 am

Ironbark Zinc (ASX: IBG) has received a notification from specialist fund manager L1 Capital Pty Ltd that it has acquired a further 426,332 shares on 29 April for $111,411 at $0.26 per share.

L1 Capital’s stake has increased to 11.99% or 44,158,871 shares, up from previous 10.88% or 40,064,982 shares.

Ironbark's Citronen deposit in Greenland currently hosts in excess of 11 Billion pounds of zinc (Zn) and lead (Pb). The current JORC compliant resource for Citronen is 59.9 million tonnes at 5.9% zinc (Zn) + lead (Pb).

At March quarter end, Ironbark was in a strong financial position with $17.6 million cash and no debt.

Ironbark is progressing the Feasibility Study of the Citronen base metal project as a major base metal mine.

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