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Central Iron Ore Ltd V.CIO

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 MrDales62on May 19, 2023 9:54am
91 Views
Post# 35456297

Todays news release,

Todays news release,based on the numbers released, not totaling 50,000 oz, this seems too small for someone to spend the capex on. Unless its very easy to extract and AISC are AUS$1,000.

GLTA
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