Central Iron Ore Ltd CIORF

Primary Symbol: V.CIO

Metals & Mining Gold

Central Iron Ore Limited is an Australia-based exploration and development company, which is engaged in the search for gold in Australia. The Company is mainly focused on exploration in the Darlot Region of Western Australia, within 10 kilometers from the Red 5 Darlot Mine. The Company's projects include South Darlot Gold Project, British King Mine and Red 5 Joint Venture. The Red 5 Joint Venture project’s 20-hole drill program, which included approximately 17 reverse circulations for 706 meters and three diamond core holes for 141 meters include a suite of narrow vein, high gold grades of up to 124.4 grams per ton. The British King Gold Mine is approximately five kilometers south-west from the Darlot Mine. The Company’s South Darlot Gold Project area is located approximately 320 km northwest of Kalgoorlie in Western Australia and includes British King Mine. Its tenement holdings cover an area of approximately 324 square kilometers.

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Central Iron Ore Ltd

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Comment by bdmanon Jun 12, 2020 7:55am

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Post# 31142218

RE:RE:RE:Anyone know about this stock.

I particularly likes this part of the announcement "The high grade gold results, combined with the prospect being on a granted mining lease, allow CIO to add value to this asset." IE they can mine this very quickly "I believe this to be an important moment for CIO with high grade gold discovered close to surface, the identification of a structure which can be extended along strike. This combined with our 24 targets provides CIO with the platform to grow our gold resources. IE , they will grow this discovery, and also have 24 additional targets in the area!

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