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Central Iron Ore ( (TSE:CIO) ) has shared an update.
Central Iron Ore Limited has finalized the results of its 2025 Phase 1 RC drilling campaign, which revealed significant gold mineralization across the targeted area. The drilling program, consisting of 78 holes over 10,264 meters, confirmed the extension of gold mineralization and identified three high-grade chutes, enhancing the geological understanding of the British King Project. The company plans further diamond drilling to support geotechnical studies, aiming to advance the project toward mining. These developments are expected to strengthen Central Iron Ore’s position in the mining sector and potentially increase resource estimates, benefiting stakeholders.
More about Central Iron Ore
Central Iron Ore Limited is a company operating in the mining industry, primarily focused on the exploration and development of iron ore and gold resources. The company is engaged in advancing its projects to enhance its market position and deliver value to its stakeholders.
Average Trading Volume: 22,956
Technical Sentiment Signal: Buy
Current Market Cap: C$2.97M
See more insights into CIO stock on TipRanks’ Stock Analysis page.