Central Iron Ore Ltd 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 > could drop an other mid-day press release.

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Comment by tankingfrankon Jun 15, 2020 1:11pm

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RE:RE:could drop an other mid-day press release.

would be nice, could allways be wrong. it is possible, with the tight share structure and the high grade results, there are 50 million mkt cap companies with a lot less.

its shallow
infrastructure is close
company has cash
insiders have lots of shares
they have not pissed away a ton of money over the years.

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