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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 bdmanon May 02, 2021 7:39am
130 Views
Post# 33110169

RE:BRITISH KING back with CIO

RE:BRITISH KING back with CIOFrom the GUL announcement "British King (49%) The British King Mine is now owned 100% beneficially by the Company and is National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI43-101) compliant. The British King Mine is 5km southwest of Red 5 Limiteds Darlot Mine. We have received by email, signed transfer forms from BK Gold Mine Pty Limited to Central Iron Ore Limited for 51% as agreed in the Tenement Acquisition Agreement dated 30 October 2014. The Mortgage has been lifted but the caveats remain in place. We have sent a formal demand to Silverstream SE22 to remove the caveats.
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