Central Iron Ore Ltd. announced that is has filed an updated National Instrument 43-101 technical report regarding the Company's South Darlot Gold Project. CIO announced that it has filed an independent technical report titled "NI43-101 Technical Report South Darlot Gold Project Updated for the 2022-2023 Exploration Western Australia" prepared by Andrew Bewsher MAIG with an effective date of 18 May 2023 (the "Technical Report"). The Technical Report was prepared in accordance with National Instrument 43-101 - Standards for Disclosure of Mineral Projects.

As stated in the Technical Report, the British King deposit has an inferred mineral resource of 176,000 tonnes at 6.06 g/t Au for 34,300 ounces with a 35 g/t Au top cut at a AUD 3,000 gold price. The Endeavour deposit has an indicated and inferred mineral resource of 15,890 tonnes at 26.3 g/t Au for 13,430 ounces with a 160 g/t Au top cut At a AUD 3,500 gold price. The Technical Report recommends CIO undertake exploration and mining studies with a budget of $1.9M.

The majority of the budget is to be spent at the Endeavour and British King prospects; and finalising the mining studies to advance the prospects to being mine ready. The remaining expenditure will be spent on the South Darlot tenements to advance the existing exploration tenements.