Central Iron Ore Limited Announces Successful Drilling Results
Central Iron Ore Limited (CIO – TSX.V) is thrilled to share significant updates on the company’s recent drilling operations that are shaping the future of its projects. Following a comprehensive Phase 1 RC drilling campaign, the company has finalized the assay results, providing a clearer picture of the mineral resource potential within its project areas.
Highlights from the 2025 Phase 1 Drilling Campaign
The recent drilling program encompassed an impressive 78 holes and 10,264 meters of exploration work. Key highlights include:
- The receipt and processing of assay results.
- Discovery of multiple significant down-hole intercepts, showcasing notable gold grades.
- Detailed listings of several drillholes where outstanding grades were achieved, such as:
- 25BKERC_010: 1m @ 22.20g/t from 144 meters
- 25BKERC_013: 2m @ 10.59g/t from 126 meters
- 25BKERC_019: 3m @ 15.50g/t from 103 meters
- 25BKERC_034: 5m @ 13.26g/t from 112 meters
Geological Insights and Future Plans
Results from the RC drilling have confirmed extensions of gold mineralization across the targeted prospect area. Analysts observed the formation of three distinct high-grade zones. The geological analysis indicates that gold deposits are associated with a laminated bucky quartz lode, reflecting consistent mineralization throughout the nearly 840 meters of targeted strike. Continued exploration is focusing on confirming and expanding these gold resources.
Upcoming Drilling Programs
With geohydrological investigations nearing completion, Central Iron Ore is slated to commence an additional program, which includes approximately 802 meters of diamond drilling across eight holes by the end of October. This is intended to support geotechnical studies that would advance the British King Project toward the mining phase.
Updated Resources and Findings
The British King Mineral Resource is currently undergoing an update to integrate the latest drilling results. The project proudly holds an NI 43-101 compliant resource that affirms the presence of significant gold reserves.
Specifically, the resource comprises approximately 120,000 indicated tonnes at an average grade of 5.1 g/t Au and 50,000 inferred tonnes at 2.9 g/t Au for the British King Mine Area alone. Furthermore, the British King Extensions also present substantial resources, solidifying CIO's strong position in the gold mining sector.
Expert Validation
The technical information regarding the drilling campaigns has been meticulously reviewed and approved by Mr. Andrew Bewsher, a qualified professional in the field. Mr. Bewsher’s insights assure stakeholders of the continual evaluation integrity and reliability of the company’s operational methods.
Conclusion
Central Iron Ore Limited remains committed to advancing the British King Project to meet the growing demands of the mining sector while ensuring resource optimization. The company's proactive approach towards detailed geological assessments and engaging skilled personnel exemplifies its dedication to prudent mining practices.
Frequently Asked Questions
What results have been obtained from recent drilling by Central Iron Ore?
The company reported significant assay results confirming extensive gold mineralization, with notable intercepts including grades as high as 24.8g/t.
How many holes were drilled in the 2025 Phase 1 campaign?
A total of 78 holes comprising 10,264 meters were drilled during the recent drilling campaign.
What are the future plans for Central Iron Ore's drilling programs?
The company anticipates an additional diamond drilling program starting in late October to enhance geotechnical studies for the British King Project.
Who reviewed the technical aspects of Central Iron Ore's drilling results?
Mr. Andrew Bewsher, a member of the Australian Institute of Geoscientists, has reviewed and validated the technical information related to the drilling program.
What is the current mineral resource estimate for the British King Project?
The project has an NI 43-101 compliant resource estimate of 120,000 indicated tonnes at 5.1 g/t Au and 50,000 inferred tonnes at 2.9 g/t Au.
