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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

Post by Kalidogon Jan 04, 2022 2:26pm
227 Views
Post# 34282542

Hoping to see some gains soon

Hoping to see some gains soon

This past year seemed like the set up year for this stock. Get all the paperwork in order, get the process started, settle the Red5 mess and continue the drill program. With full control of the BK mine and the Red 5 agreement in place, I don't see this thing sitting at 8 cents for long. Couple more good NRs and we should see gains. 

I have been holding this for a few years but didn't do much with it as it rarely moved more than a penny either way. Good luck to all, may our future be golden. 

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