PERTH, AUSTRALIA--April 18, 2014--Researched by Industrial Info Resources Australia (Perth, Australia)--Iron Road Limited's (ASX:IRD) (Adelaide, South Australia) Central Eyre Magnetite Project is progressing with the recent completion of the company's $94 million (AUD$100 million) definitive feasibility study. It contains detailed cost estimates of the proposed port, rail and mine operations, which amount to approximately $3.74 billion.