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Central Iron Ore Ltd V.CIO

Alternate Symbol(s):  CIORF

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.


TSXV:CIO - Post by User

Comment by tankingfrankon Jun 24, 2020 1:05pm
68 Views
Post# 31186455

RE:lots of ground

RE:lots of ground was trying to post a few graph on the land package-- some images in the MDA sept 2019

still think its a good gamble for 10 million mkt cap (closer to 7 now )   

Emperor Structure (2.5km strike length)
The recent drilling also confirmed a west-north-west (WNW) trending shear zone named the Emperor
Structure. It has been interpreted from a linear trend of historical gold workings, gold occurrences
within drill holes, as well as observations from the diamond drill core and RC chips of the recent drilling
at the Endeavour Prospect. Interpretations generated from aeromagnetic and gravity geophysics
supports the view that the structure extends further to the WNW ultimately causing a >100m
displacement of stratigraphy. The gives the structure a 2.5km strike length, a direct association with
gold endowment, and a favourable geological setting to host significant gold accumulation. Currently,
vein-hosted gold mineralisation has been modelled at the A1 Prospect, Mermaid Prospect and the
Endeavour Prospect. Potential exists to explore for extensions and splays of this structure to the ESE
as well as across strike.


 
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