Central Iron Ore Limited - Drilling Results Finalised

Core Insights - Central Iron Ore Limited (CIO) has announced the completion of its 2025 Phase 1 RC drilling campaign, confirming the down dip extension of gold mineralization and the development of three distinct high-grade chutes [1][3][4] Drilling Results - The 2025 Phase 1 RC drilling program consisted of 78 holes totaling 10,264 meters, with significant intercepts including: - 1m @ 22.20g/t from 144 meters (25BKERC_010) - 2m @ 10.59g/t from 126 meters (25BKERC_013) - 3m @ 15.50g/t from 103 meters (25BKERC_019) - 5m @ 13.26g/t from 112 meters (25BKERC_034) - 1m @ 24.8g/t from 131 meters (25BKERC_036) - 1m @ 25.3g/t from 114 meters (25BKERC_037) [4][20] Geological Understanding - The drilling results have enhanced the geological understanding of the deposit, confirming continuous gold mineralization associated with a primary laminated bucky quartz lode over nearly the entire 840 meters of strike targeted [3][4] Future Activities - Geohydrological investigations are nearing completion, with a diamond drilling program of approximately 801 meters scheduled to commence in late October 2025 to support geotechnical studies for the British King Project [4][21] Resource Update - The British King Mineral Resource is being updated to include the results from the recent drilling, with current estimates showing: - 120,000 indicated tonnes at 5.1 g/t Au and 50,000 inferred tonnes at 2.9 g/t Au for the British King Mine Area - 70,000 indicated tonnes at 3.4 g/t Au and 20,000 inferred tonnes at 4.3 g/t Au for the British King Extensions [23][22]