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

Original announcement by tmx on

Company
Central Iron Ore Limited
Ticker
CIO
Exchange
TSX
Region
Western Australia
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Resource update
Extracted
2026-09-19 15:28:42 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Central Iron Ore Limited has filed an NI 43-101 Technical Report providing an updated Mineral Resource Estimate for the British King Gold Project in Western Australia. The update includes 311,800 tonnes at 6.20 g/t gold, comprising Indicated and Inferred resources.

Reasoning: The filing of a new NI 43-101 technical report providing an updated MRE with Indicated and Inferred resources demonstrates project advancement and increased geological confidence.

Positive factors

  • Increase in geological and grade confidence
  • Successful RC programme contribution
  • Amenable metallurgy (CIL)
  • NI 43-101 compliant technical report filed

Facts used in scoring: 3

Classification and evidence

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The document explicitly states the technical report was prepared in accordance with National Instrument 43-101.

Evidence · text

“The Technical Report was prepared in accordance with National Instrument 43-101”

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Andrew Bewsher, MAIG is named as the Qualified Person who reviewed and approved the information.

Evidence · text

“Qualified Person Mr Andrew Bewsher, MAIG... has reviewed and approved the technical and scientific information”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The announcement is for a Mineral Resource Estimate Update filed via a technical report.

Evidence · text

“Mineral Resource Estimate Update, British King Gold Project Western Australia”

Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

Resource Estimates (3)

indicatedBritish King Gold Project · goldTonnes: 227300Grade: 5.78Grade Unit: g/tContained Metal: 42200Contained Unit: ozView all details
Link to this fact

Identity

Project
British King Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
CIO

Resource scope

Estimate type
resource
Effective date
2025-10-23T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Andrew Bewsher
Resource group id
resource:63c01b1a448de3884967
Mining method
open_pit

Resource Data

Category
indicated
Tonnes
227300
Grade
5.78
Grade Unit
g/t
Contained Metal
42200
Contained Unit
oz

Prior Estimate

Resource Date
2025-10-23

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-23T00:00:00.000Z

Reasoning: Indicated resource component of the updated MRE.

Positive factors

  • Indicated category provides higher geological confidence

Evidence · table

“5.78”

Context: 227,300

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

inferredBritish King Gold Project · goldTonnes: 84500Grade: 7.36Grade Unit: g/tContained Metal: 20000Contained Unit: ozView all details
Link to this fact

Identity

Project
British King Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
CIO

Resource scope

Estimate type
resource
Effective date
2025-10-23T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Andrew Bewsher
Resource group id
resource:e59e89f4765ef12df88f
Mining method
open_pit

Resource Data

Category
inferred
Tonnes
84500
Grade
7.36
Grade Unit
g/t
Contained Metal
20000
Contained Unit
oz

Prior Estimate

Resource Date
2025-10-23

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-23T00:00:00.000Z

Reasoning: Inferred resource component of the updated MRE.

Positive factors

  • High grade intercept

Negative factors

  • Inferred category carries lower geological confidence

Evidence · table

“7.36”

Context: 84,500

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

indicatedBritish King Gold Project · goldTonnes: 311800Grade: 6.2Grade Unit: g/tContained Metal: 62200Contained Unit: ozView all details
Link to this fact

Identity

Project
British King Gold Project
Commodity
gold
Region
australia_wa
Reported Region
Western Australia
Ticker
CIO

Resource scope

Estimate type
resource
Effective date
2025-10-23T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Andrew Bewsher
Resource group id
resource:bcc3d409bbf3ae14803c
Mining method
open_pit

Resource Data

Category
indicated
Tonnes
311800
Grade
6.2
Grade Unit
g/t
Contained Metal
62200
Contained Unit
oz

Prior Estimate

Resource Date
2025-10-23

Review

Needs Review
No
Historical
No

Dates

Event date
2025-10-23T00:00:00.000Z

Reasoning: Total Mineral Resource Estimate (Indicated + Inferred).

Positive factors

  • Total resource scale

Evidence · table

“6.20”

Context: 311,800

Tags used in scoring

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.