Exciting Updates on Central Iron Ore's Drilling Results

Exciting Updates on Central Iron Ore's Drilling Results

Central Iron Ore Limited (CIO – TSX.V) is thrilled to share the final results from its recent drilling campaigns. These updates follow the completion of both the Reverse Circulation (RC) drilling at the South Darlot Gold Project and the Diamond Drilling (DD) at the British King deposit. The geology team has worked diligently to analyze these results, marking a significant milestone for the company.

Overview of the Drilling Campaigns

The 2024 Phase 1 drilling campaign was extensive, involving 31 holes and a total of 1,998 meters for the RC drilling at South Darlot along with 6 holes totaling 334.18 meters for the DD at British King. The campaigns have yielded promising results highlighting the potential of the mineralization in these areas.

Key Highlights from the South Darlot Project

Among the standout results from the drilling at the South Darlot Gold Project, several significant intercepts were documented. Some of the notable findings include:

• **24SKRC_001**: This intercept showcased **1 meter @ 9.51g/t Au** from 67 meters.
• **24SKRC_004**: Another key result was **4 meters @ 3.54g/t Au** from 68 meters.
• **24WNRC_005**: This hole revealed **2 meters @ 14.85g/t Au** from 16 meters.
• **24WNRC_011**: Showed impressive values of **2 meters @ 15.1g/t Au** from 56 meters.
• **24MERC_003**: Highlighted **4 meters @ 3.43g/t Au** from 56 meters.

Additional visible gold was found in multiple diamond drill holes, underscoring the region's potential for further exploration.

Drilling Results and Quality Assurance

Central Iron Ore has received and evaluated assay results for a total of 2,305 samples from the recent drilling activities. The quality of the results is regarded as satisfactory, adhering to the thorough Quality Assurance and Quality Control (QA/QC) standards applied throughout the process. Observations indicate that this campaign has significantly advanced the understanding of the mineral zones, paving the way for future exploration.

Insights from Satellite Projects

During the 2024 Q4 assessment, the results prompted further insights into the mineralization zones at additional satellite projects, including Mermaid, Sylvia, Kyneton, and Weebo North. The campaign has revealed extensive mineralization across these sites.

Mermaid Project Findings

The Mermaid RC drilling results have been particularly encouraging, as the 10-hole program confirmed the lateral extension of the Mermaid lode to the west:

• **24MERC_003**: Returned **4 meters @ 3.43g/t Au** from 56 meters.
• **24MERC_004**: Reported **1 meter @ 1.97g/t Au** from 44 meters.
• **24MERC_006**: Produced **6 meters @ 2.29g/t Au** from 55 meters.

Sylvia and Kyneton Project Developments

The results from the Sylvia drilling program have confirmed further extensions and solidified understanding of the mineralization patterns, notably:

• **24SKRC_001**: Showcased **1 meter @ 9.51g/t Au** from 67 meters.
• **24SKRC_004**: Listed at **4 meters @ 3.54g/t Au** from 68 meters.

British King Diamond Drilling Results

The DD results from the British King deposit have also been compelling, evidencing a range of intercepts of interest:

• **24BKDD003**: Delivered **3.00 meters @ 22.68g/t Au** from 57 meters.
• **24BKDD004**: Returned **0.92 meters @ 56.03g/t Au** from 76.46 meters, including **0.62 meters @ 21.01g/t Au** from 88.05 meters.

The visible gold recorded further validates the positive outlook for the British King project and will be backed by ongoing metallurgical and petrographic work.

Commitment to Quality Control

Central Iron Ore Limited prioritizes a robust QA/QC framework throughout its operations. From collection to analysis, all processes are tightly managed by professional teams ensuring accuracy and reliability. Rigorous checks and balances, including multiple certified reference materials, ensure the integrity of the results reported.

Frequently Asked Questions

What does the recent drilling campaign entail?

The recent campaign includes both Reverse Circulation and Diamond Drilling at notable sites, including the South Darlot Gold Project and British King deposit.

What were some key results from South Darlot?

Significant intercepts included results like 24SKRC_001 showing 1m @ 9.51g/t Au from 67 meters.

How does QA/QC play a role in drilling results?

QA/QC ensures that the sampling and analysis processes follow industry standards, ensuring result accuracy through stringent checks.

What is the importance of visible gold in drilling results?

Visible gold indicates high-grade mineralization, suggesting that areas may contain valuable gold-bearing resources.

What are the future plans for Central Iron Ore Limited?

The company will continue exploration efforts at key projects while analyzing ongoing drilling results to enhance mineral resource understanding.

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