Central Iron Ore Limited (CIO) is an exploration and development company engaged in the search for and development of iron ore and gold in Australia. Central Iron Ore Limited has a strong, experienced management team and Board of Directors with a proven track record.
Yilgarn Iron Ore Project consists of a total of 10 tenements covering 652km2 that are located within the Yilgarn Iron Ore Province (YIOP). The YIOP is considered highly prospective, given its history of large-scale iron ore production, with the Cliffs Natural Resources-owned Koolyanobbing operation (also formerly operated by Portman Limited) currently producing at a rate of about 8Mtpa of Direct Shipping Ore (DSO). The YIOP is increasingly being recognised as an attractive location for the development of iron ore, given its proximity to rail and access to ports.
South Darlot Gold Project is approximately 320km North West of Kalgoorlie and includes the British King gold mine which is 100% owned and NI43-101 compliant. The British King gold mine is 5km west of Barrick’s Darlot Gold Mine. The British King gold mine is currently under care and maintenance. CIO has re-focused the gold strategy and is actively working towards a greater tenement expansion in the South Darlot region which will allow for regional and mine site exploration to commence. CIO‘s current tenement package is 336km2.
Eureka Gold Project is approximately 50km North of Kalgoorlie and includes the Eureka open pit gold mine which is 100% owned and NI43-101 compliant. The Eureka gold mine is currently under care and maintenance. CIO has re-focused the gold strategy and is actively working towards a greater tenement expansion in the Eureka region which will allow for regional and mine site exploration to commence. The Company‘s current tenement package is 563 hectares.