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British King Gold Project: Filing of NI43-101 Technical Report

Resource Estimates Technical Reports (NI 43-101)

ABN: 32 072 871 133

Central Iron Ore Limited.

Suite 1 Level 2, 49-51 York Street, Sydney 2000 Australia

Tel. +61 2 9397 7521

NEWS RELEASE Symbol: CIO-TSXV

23 October, 2025 For Immediate Dissemination

British King Gold Project: Filing of NI43-101 Technical Report

VANCOUVER, BRITISH COLUMBIA – (Marketwire – 23 October, 2025), Central Iron Ore

Limited. (CIO – TSX.V) (“CIO” or “the Company”) is pleased to announce that is has filed a

National Instrument 43-101 Technical Report Mineral Resource Estimate Update, British King

Gold Project Western Australia.

CIO is pleased to announce that it has filed an independent technical report titled “ Technical

Report Mineral Resource Estimate Update, British King Gold Project Western Australia” prepared

by Andrew Bewsher MAIG with an effective date of 23 October 2025 (the “Technical Report”).

The Technical Report was prepared in accordance with National Instrument 43-101 – Standards

for Disclosure of Mineral Projects. The Technical Report is available on the Company’s profile at

www.Sedar.com.

In the Technical Report the conclusion1 stated:

“The 2025 RC programme completed by CIO has successfully contributed to the increase in geological

and grade confidence of the British King MRE. The metallurgical test work completed in early 2025

has demonstrated the British King mineralisation is amenable to standard carbon in leach processing.”

The recommendations1 stated:

“The completion of a heritage survey, a hydrogeology and a mining study will have the project to a

point of CIO being able to submit a mining proposal to DEMIRS Western Australia.”

Note 1:

Page 16, National Instrument 43 -101 Technical Report Mineral Resource Estimate Update, British King Gold

Project Western Australia dated 23 October 2025.

The Resource Estimates2 stated:

“The MRE was classified as Indicated and Inferred based on drill density, geological understanding,

grade continuity and economic parameters of open pit mining.”

Category Tonnes Grade Ounces

Indicated 227,300 5.78 42,200

Inferred 84,500 7.36 20,000

Total 311,800 6.20 62,200

Note 2:

Page 63, ibid.

Qualified Person

Mr Andrew Bewsher, MAIG, the Senior Technical advisor geologist, and a Qualified Person within

the meaning of NI43 -101, has reviewed and approved the technical and scientific information

presented herein as accurate and has approved this news release.

About Central Iron Ore Limited.

Central Iron Ore Limited is an Australian resource exploration and development company with an

office located in Sydney, Australia. The Company’s goal is to create value for shareholders

through continuously exploring and developing its current properties in Australia.

For more information on Central Iron Ore Limited., please contact the Company at +61 2 9397

7521, or visit the Company's website at www.centralironorelimited.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“David Deitz”

____________________________

David Deitz , CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of

this release.