South Darlot Gold Project: Filing of NI43-101 Technical Report
ABN: 32 072 871 133
Central Iron Ore Ltd.
Suite 1 Level 2, 49-51 York Street, Sydney 2000 Australia
Tel. 61 2 9397 7555
Symbol: CIO-TSXV NEWS RELEASE
19 May, 2023 For Immediate Dissemination
South Darlot Gold Project: Filing of NI43-101 Technical Report
VANCOUVER, BRITISH COLUMBIA – (GlobeNewswire – 19 May, 2023), Central Iron Ore
Ltd. (CIO – TSX.V) (“CIO” or “the Company”) is pleased to announce that is has filed an
updated National Instrument 43-101 technical report regarding the Company’s South Darlot
Gold Project.
CIO is pleased to announce that it has filed an independent technical report titled “NI43-101
Technical Report South Darlot Gold Project Updated for the 2022-2023 Exploration Western
Australia” prepared by Andrew Bewsher MAIG with an effective date of 18 May 2023 (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.
As stated in the Technical Report, the British King deposit has an inferred mineral resource of
176,000 tonnes at 6.06 g/t Au for 34,300 ounces with a 35 g/t Au top cut at a $AUD 3,000 gold
price. The Endeavour deposit has an indicated and inferred mineral resource of 15,89 0 tonnes
at 26.3 g/t Au for 13,430 ounces with a 160 g/t Au top cut at a $AUD 3,500 gold price.
The Technical Report recommends CIO undertake exploration and mining studies with a budget
of $1.9M. The majority of the budget is to be spent at the Endeavour and British King prospects;
and finalising the mining studies to advance the prospects to being mine ready. The remaining
expenditure will be spent on the South Darlot tenements to advance the existing exploration
tenements.
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 Ltd.
Central Iron Ore Ltd. 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 Ltd., please contact the Company at 61 2 9397 7500,
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.