VANCOUVER, British Columbia - Central Iron Ore Limited (CIO - TSX.V) ('CIO' or 'the Company') is pleased to announce this Drilling Update.
Central Iron Ore is pleased to announce that the next phase of exploration activities at the South Darlot Gold Project in Western Australia has started on the 28th of August 2024, with a total 42 Reverse Circulation ('RC') and 4 diamond holes scheduled to be completed over a 2 to 3 week campaign.
Highlights: Drilling has commenced on 42 RC drillholes for 1,968 metres that will further positive results encountered at the satellite prospects at South Darlot and include Mermaid, Sylvia/Kyneton and Weebo.
Commencing in September, 200 metres of Diamond Drilling (4 drillholes) will test the primary British King lode. The diamond drillhole core will provide invaluable mineralogical and metallurgical samples.
Contact:
David Deitz
Tel: +61 2 9397 7521
Email: info@centralironorelimited.com
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking information within the meaning of Canadian securities laws. Although the Company believes that such information is reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward looking information as a result of various factors, including, but not limited to, the state of the financial markets for the Company's equity securities, the state of the market for iron ore or other minerals that may be produced generally, recent market volatility; variations in the nature, quality and quantity of any mineral deposits that may be located, the Company's ability to obtain any necessary permits, consents or authorizations required for its activities, to raise the necessary capital or to be fully able to implement its business strategies and other risks associated with the exploration and development of mineral properties. The reader is referred to the Company's disclosure documents for a more complete discussion of such risk factors and their potential effects, copies of which may be accessed through the Company's page on SEDAR at www.sedar.com.
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