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IronRidge Resources Limited

Writen by James Eginton

IronRidge Resources Limited is an AIM listed (since February 2015) greenfield exploration company which was founded by an Australian listed company, DGR Global Limited who remain a key strategic shareholder. The company’s exploration assets are primarily focused on Africa including gold exploration in Chad, lithium in Ghana, gold and lithium in the Ivory Coast, iron ore in Gabon and alumina, titania, nickel and gold in Australia.

As at 30 June 2016, the company had net cash of approximately A$10.7m to support exploration efforts globally, including potential drill programmes. Book value of net assets was A$15.6m (including A$5.1m of exploration assets) as at 30 June 2016.

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