MACRO METALS LIMITED — Board/Management Information 2019

Aug 5, 2019

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6 August 2019

INVESTOR INTERNAL MEETINGS

Kogi Iron Limited (ASX: KFE, “Kogi”, “the Company”) is pleased to announce meetings to introduce newly appointed Directors and update shareholders on future plans.

Presentations will be made in the following cities:

Monday 12 August – Perth

10.30am – Patersons Securities, Level 23, Exchange Plaza, 2 The Esplanade, Perth

Tuesday 13 August – Melbourne

2.00pm – Patersons Securities, Level 15, 333 Collins Street, Melbourne

Wednesday 14 August – Sydney

10.30am – Patersons Securities, Level 48, Australia Square, 264 George Street, Sydney

Friday 16 August – Brisbane

10.00am – United Services Club, Moreton Room, 183 Wickham Street, Brisbane

Wednesday 21 August – Adelaide

10.30am – The Lion Hotel, Tower Room, 161 Melbourne Street, North Adelaide

Shareholders are invited to register their attendance at info@kogiiron.com.

Further information on the Kogi Project is available on the Company’s website at www.kogiiron.com or please contact:

Kogi Iron Limited Tel (office): +61 8 9200 3456 Email: info@kogiiron.com

KFE Capital Summary Ordinary Shares: 663,548,234 Listed Options: 142,328,948 Share price: $0.052 Market capitalisation: $35m

Board of Directors

Mr Don Carroll – Non Executive Chairman Mr David Turvey – Acting Managing Director Mr Greg Boulton – Non-Executive Director Mr Peter Huljich – Non-Executive Director

Contact

Unit 23, 4 Ventnor Avenue, West Perth WA 6005 Tel : +61 8 9200 3456 Email: info@kogiiron.com W: www.kogiiron.com

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About Kogi Iron (ASX: KFE)

Kogi Iron Limited is a Perth-based company with the objective of becoming a producer of cast steel product that can be sold to manufacturers of steel products through the development of its 100% owned Agbaja Cast Steel project located in Kogi State, Republic of Nigeria, West Africa (“Agbaja” or “Agbaja Project”).

Nigeria has substantial domestic demand for steel products, which is currently met largely through imports. The Agbaja project, located on the Agbaja plateau approximately 15km northwest of Lokoja city in Kogi State and approximately 200km southwest of Abuja, the capital city of Nigeria, opens the opportunity for domestic production of steel billets.

The Company holds a land position which covers a large part of the Agbaja Plateau. The Agbaja Plateau hosts an extensive, shallow, flat-lying channel iron deposit with an Indicated and Inferred Mineral Resource of 586 million tonnes with an in-situ iron grade of 41.3% reported in accordance with the JORC Code (2012). This mineral resource covers approximately 20% of the prospective plateau area within ML24606 and ML24607.

Table 1 – Summary Grade Tonnage for Laterite (Zone A) and Oolitic (Zone B) Horizons (20% Fe lower cut off is applied) Refer ASX announcement 10 December 2013.

Classification	Tonnes (Mt)	Fe (%)
Zone A(Laterite Mineralisation)
Indicated	147.5	33.2
Inferred	33.9	31.7
Total Indicated + Inferred (Zone A)	181.4	32.9
Zone B(Oolitic Mineralisation)
Indicated	318.7	45.2
Inferred	86.3	44.7
Total Indicated + Inferred (Zone B)	405.0	45.1
Combined Zone A and Zone B
Total Indicated	466.2	41.4
Total Inferred	120.1	41.1
Total Indicated + Inferred	586.3	41.3

The Company confirms that it is not aware of any information or data that materially affects the information included in the original market announcements and, in the case of estimated Mineral Resources, which all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcements.