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British King Gold Project: Filing of NI43-101 Technical Report

VANCOUVER, British Columbia, Oct. 23, 2025 (GLOBE NEWSWIRE) — Central Iron Ore Limited. (CIO – TSX.V) (“CIO” or “the Company”) is pleased to announce that is has filed a National Instrument 43-101 Technical Report Mineral Resource Estimate Update, British King Gold Project Western Australia.

CIO is pleased to announce that it has filed an independent technical report titled “Technical Report Mineral Resource Estimate Update, British King Gold Project Western Australia” prepared by Andrew Bewsher MAIG with an effective date of 23 October 2025 (the “Technical Report”). The Technical Report was prepared in accordance with National Instrument 43-101 – Standards for Disclosure of Mineral Projects. The Technical Report is available on the Company’s profile at www.Sedar.com.

In the Technical Report the conclusion1 stated:

“The 2025 RC programme completed by CIO has successfully contributed to the increase in geological and grade confidence of the British King MRE. The metallurgical test work completed in early 2025 has demonstrated the British King mineralisation is amenable to standard carbon in leach processing.”

The recommendations1 stated:

“The completion of a heritage survey, a hydrogeology and a mining study will have the project to a point of CIO being able to submit a mining proposal to DEMIRS Western Australia.”

Note 1:
Page 16, National Instrument 43-101 Technical Report Mineral Resource Estimate Update, British King Gold Project Western Australia dated 23 October 2025.

The Resource Estimates2 stated:

“The MRE was classified as Indicated and Inferred based on drill density, geological understanding, grade continuity and economic parameters of open pit mining.”

CategoryTonnesGradeOunces
Indicated227,3005.7842,200
Inferred84,5007.3620,000
Total311,8006.2062,200


Note 2:

Page 63, ibid.

Qualified Person

Mr Andrew Bewsher, MAIG, the Senior Technical advisor geologist, and a Qualified Person within the meaning of NI43-101, has reviewed and approved the technical and scientific information presented herein as accurate and has approved this news release.

About Central Iron Ore Limited.

Central Iron Ore Limited is an Australian resource exploration and development company with an office located in Sydney, Australia. The Company’s goal is to create value for shareholders through continuously exploring and developing its current properties in Australia.

For more information on Central Iron Ore Limited., please contact the Company at +61 2 9397 7521, or visit the Company’s website at www.centralironorelimited.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“David Deitz”
____________________________
David Deitz , CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.

ABN: 32 072 871 133

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