Drilling Commences

Core Viewpoint - Central Iron Ore Limited has commenced the next phase of resource expansion drilling at the British King Project in Western Australia, with a total of 78 Reverse Circulation drill holes planned over a 9-week campaign [1][5]. Drilling Update - The 2025 drilling program is structured in two phases, with Phase 1 focusing on resource expansion and Phase 2 aimed at targeted infill drilling to upgrade the inferred resource to indicated status [4]. - Phase 1 involves 78 RC drill holes totaling 10,601 meters, designed to extend the geological model of the British King deposit in all directions [5]. Project Location - The British King Project is situated on the M37/30 Mining Tenement, approximately 320 kilometers northwest of Kalgoorlie and 60 kilometers east of Leinster in Western Australia [6].