Central Iron Ore Limited - Drilling Results Finalised

Executive Summary

• Central Iron Ore released final assay results for its 2025 Phase 1 RC drilling program (78 holes, 10,264 m) at the British King Project.
• Multiple high‑grade gold intercepts were intersected, including several >20 g/t Au over 1 m intervals (e.g., 25BKERC_036 = 1 m @ 24.8 g/t; 25BKERC_037 = 1 m @ 25.3 g/t).
• The results extend known mineralisation down‑dip, define three high‑grade chutes, and support an upcoming 801 m diamond‑drill program slated for late October 2025 to advance geotechnical studies toward mining.

Key Details

• Program Scope: 78 RC holes totaling 10,264 m completed; assay data processed.
• Significant Intercepts (selected):
• Hole 25BKERC_010 – 1 m @ 22.20 g/t Au from 144 m depth
• Hole 25BKERC_013 – 2 m @ 10.59 g/t Au from 126 m depth
• Hole 25BKERC_019 – 3 m @ 15.50 g/t Au from 103 m depth
• Hole 25BKERC_034 – 5 m @ 13.26 g/t Au from 112 m depth
• Hole 25BKERC_036 – 1 m @ 24.80 g/t Au from 131 m depth
• Hole 25BKERC_037 – 1 m @ 25.30 g/t Au from 114 m depth
• Cut‑off Grade Used: 0.8 g/t Au, with a maximum of 2 m internal dilution applied to calculate intercepts.
• Geohydrological Work: Near completion; final results expected November 2025.
• Upcoming Diamond Drilling: ~801 m across eight holes planned to start late October 2025, aimed at geotechnical validation for mine development.
• Resource Context: Existing NI 43‑101 resource – 120 kt indicated @ 5.1 g/t Au and 50 kt inferred @ 2.9 g/t Au (British King Mine Area); extensions hold 70 kt indicated @ 3.4 g/t Au and 20 kt inferred @ 4.3 g/t Au (South Darlot JV, 70 % owned).
• Qualified Person: Andrew Bewsher, Australian Institute of Geoscientists, reviewed and approved technical information.

Notable Quotes

“The 2025 RC results have confirmed a down‑dip extension of gold mineralisation and identified three distinct high‑grade chutes, strengthening the geological model for British King.” – David Deitz, Director/CEO, Central Iron Ore Limited.