Central Iron Ore Ltd. is pleased to announce that a settlement has been reached with Red 5 Limited. Red 5 Joint Venture After long negotiation Red 5 Limited and Central Iron Ore Ltd.'s subsidiary South Darlot Mines Pty Ltd has reached a settlement with Darlot Mining Company Pty Ltd pursuant to which it was agreed that SDM has earned an additional 19% interest in M37/1045, M37/709, M37/631 and M37/552 pursuant to a 2011 [...]
Central Iron Ore Ltd. is pleased to announce the results of its annual meeting of shareholders held on December 3, 2021. The shareholders approved, by a majority of votes, a resolution to elect the following directors: Richard Homsany, Tony Howland-Rose, Brett Hodgins and David Deitz. The shareholders, by a majority of votes, proceeded with the appointment of SCS Audit and Corporate Services Pty Ltd as auditors of the [...]
Central Iron Ore Ltd. is pleased to announce that an opportunity arose to drill as a drilling contractor had spare capacity. At the Endeavour prospect 5 holes for 192 metres were drilled to test the extension of the mineralisation to the west. Significant mineralisation includes: 21ENRC-03: 2m at 9.7 g/t Au from 52 meters down hole. On M37/632 12 holes for 726 metres were drilled to test an anomalous structure identified [...]
Central Iron Ore Ltd. is pleased to announce that significant gold intercepts have been intersected through the Company’s latest drilling program at the Endeavour Prospect at its South Darlot Gold Project. The results from the 20 hole drill program, which included 17 reverse circulation and 3 diamond core holes, include a suite of narrow vein, high gold grades of up to 124.4 grams per tonne which supports historical [...]
Central Iron Ore Ltd. is pleased to announce that drilling will commence at the Company's South Darlot Gold Project which is subject to a joint venture with Red 5 Limited. There are two stages of work which include costeaning and definition drilling. The first stage will involve digging eight costeans to define the top of the Endeavour ore body. This will provide invaluable spatial information pertaining to the ore body [...]
Central Iron Ore Ltd. is pleased to announce that significant gold intercepts have been revealed through the Company’s latest drilling program at its South Darlot Gold Project. The results from the 20 hole drill program, which included gold grades of up to 12.6 grams per tonne support historical and earlier work conducted on the project area. The recent drilling program focused on 2 of the 24 gold targets identified [...]
VANCOUVER, British Columbia, Aug. 06, 2018 -- Central Iron Ore Ltd. is pleased to announce that it has completed the AUD$3.45 million sale of its Eureka Gold Project to ASX listed Tyranna Resources Ltd. . The structure of the total consideration paid to CIO for the Eureka Gold Project consists of: Tyranna paid CIO AUD$1,869,003 in cash. Tyranna Issued of 93,205,304 shares in Tyranna at a deemed price of $0.017 per shares [...]
Central Iron Ore on November 28, 2017 Tyranna Resources entered into an agreement to acquire the Eureka Gold Project from CIO. The structure of the Agreement for the AUD$3.2 million sale of the Eureka Gold Project was detailed in both the Tyranna’s and CIO's announcements dated December 01, 2017. The parties sought to record the terms of the Agreement in a written document titled Tenement Sale and Purchase [...]
VANCOUVER, British Columbia, July 09, 2018 -- Central Iron Ore Ltd. is pleased to announce that drilling has commenced at Company’s South Darlot Gold Project. The drill program is envisaged to total 2,000 reverse circulation metres. Proposed drilling program: Endeavour Prospect 11 drill holes for approximately 1,200m. Loch Ard Prospect 10 drill holes for approximately 800m. SOUTH DARLOT GOLD PROJECT The [...]
VANCOUVER, British Columbia, May 25, 2018 -- Central Iron Ore Ltd. is pleased to announce that it has entered into an agreement for the AUD$580,000 sale of its South Darlot Exploration Project to Kingwest Resources Limited . The Purchaser is an unlisted public company which intends to undertake an initial public offer and list on the Australian Securities Exchange. The transaction involves the Purchaser issuing 2,900,000 [...]
Central Iron Ore Ltd. is pleased to announce that it has been notified that the mining operations have commenced at its Eureka Gold Mine in Western Australia by Eureka Mines Pty Ltd . With mining operations commencing a pre-paid royalty of AUD$250,000 is paid to CIO which amount will satisfy subsequent royalty payments up to this amount. The mining operation phase is expected to be completed by April 2018. The mining [...]
Central Iron Ore is pleased to announce that it has entered into an agreement for the AUD$3.2 million sale of its Eureka Gold Project to ASX listed Tyranna Resources. The structure of the consideration payable to CIO for the Eureka Gold Project consists of: Payment 1: Tyranna paying CIO AUD$250,000 in cash on execution of the sale and purchase agreement. Payment 2: Issue of 14,705,882 shares in Tyranna at a deemed price [...]
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