JUNIORMETRICS
Gold$4,479.95/oz
Silver$66.98/oz
Copper$6.00/lb

Central Iron Ore Limited

CIO·$0.04·$2.3M cap
GoldSouth Darlot / British King (Kalgoorlie region, Western Australia) Map

Central Iron Ore Limited (TSXV:CIO) -- a legacy company name; the company is a gold explorer/developer, not an iron ore producer -- holds a 100% interest in the South Darlot Gold Project (324 sq km, Kalgoorlie region, Western Australia), within 10 km of Red 5's Darlot mine. Its core asset is the wholly-owned British King Mine, which carries an NI 43-101 Mineral Resource (technical report filed 23 Oct 2025) of 120,000 indicated tonnes at 5.1 g/t Au plus 50,000 inferred tonnes at 2.9 g/t Au. A second deposit, the British King Extensions, is held via the 70%-owned South Darlot Joint Venture and carries a separate resource of 70,000 indicated tonnes at 3.4 g/t Au plus 20,000 inferred tonnes. Resource-expansion RC drilling (78 holes over a 9-week campaign) was underway as of mid-2026, alongside British King/Endeavour re-optimisation studies and environmental permitting work.

Lifecycle Milestones

Grassroots
Resource Def.Current
PEA
PFS
Feasibility
Permitting
Construction
Production
10/10
Weak track recordStrong track record
Thin runwayWell-capitalized
9/10
High riskLow risk
How this is calculated
0/10
Weaker depositStronger deposit
6.3/10
Weaker profileStronger profile
Price Chart
$0.072$0.05$0.057$0.065$0.04AugNovFebJunSep
Aug 12, 2025Sep 4, 2026
News
$0.04
+23.1%from low-60.4%from high
$0.03$0.10
See who ↓
66.6%
Low alignmentHigh alignment
See who ↓
0%
Low alignmentHigh alignment
$2.3M
Far belowFar above
$29.1M median
Price (USD - Local)
$0.04 - CAD 0.06
Cash Position (USD)
This company's data hasn't been researched yet
Debt (USD)
This company's data hasn't been researched yet
$2.3M
Far belowFar above
$27.1M median
70.1M
Far aboveFar below
173M median
Jurisdiction
Australia
19,676 oz
Far belowFar above
1.3M median
$114.95/oz
Far aboveFar below
$158.80/oz median
Cut-off: 1.0 g/t Au (open pit, single dominant Central Zone lode + 15 lesser lodes)
This company's data hasn't been researched yet
N/A -- resource-definition stage, no active mine
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Not enough peer data yet
This company's data hasn't been researched yet
Not enough peer data yet
This company's data hasn't been researched yet
66.6%
0%100%
19.1% median
0%
0%100%
3% median
5 kmfrom Northern Star Resources Limited's Kalgoorlie Super Pit (KCGM)
Within shared-mill range (~20km)
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Acquisition Susceptibility
7.6/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.

Overall Score Trend
+40% since 2026-08-11

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Management Team

President, Chief Executive Officer and Director of Central Iron Ore Limited, a Sydney-headquartered exploration and development company searching for gold in Australia.

Chairman and Director of Central Iron Ore Limited, an experienced corporate lawyer with significant experience in the resources and energy sector, advising public resources and energy companies on corporate governance, finance, capital raisings, takeovers, mergers, acquisitions, joint ventures and divestments.

Director and Chief Financial Officer of Central Iron Ore Limited, having joined Allegiance Mining NL in 1996 and become a director in August 2000; part of the team that discovered and brought the Avebury Nickel Mine in Tasmania into production.

Director of Central Iron Ore Limited.

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
1/10

No producer, strategic investor, or resource-specialist fund holds a disclosed stake, and no insider trading activity has been filed in the last six months.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

British King Mine (100%-owned): 120,000 indicated t @ 5.1 g/t Au (~19,675 oz, written to ouncesFound) + 50,000 inferred t @ 2.9 g/t Au (~4,662 oz, not written -- Inferred only). British King Extensions (held via 70%-owned South Darlot JV, NOT included in ouncesFound above): 70,000 indicated t @ 3.4 g/t Au (~7,652 oz on a 100% basis, ~5,357 oz attributable) + 20,000 inferred t (grade not disclosed in this source). NI 43-101 Mineral Resource Estimate Update filed on SEDAR+/GlobeNewswire 23 Oct 2025.