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, Other
- Extracted
- 2026-08-21 05:07:24 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Central Iron Ore Limited has filed a NI 43-101 Technical Report updating the Mineral Resource Estimate for the British King Gold Project in Western Australia. The update, supported by 2025 RC drilling, reports a total resource of 311,800 tonnes at 6.20 g/t gold, consisting of Indicated and Inferred categories.
Reasoning: The filing of a NI 43-101 technical report updating the MRE provides formal validation of the resource and metallurgical amenability, though the resource remains in the early-to-mid stage (Indicated/Inferred).
Positive factors
- Resource update provides increased geological and grade confidence
- Metallurgical test work confirms amenability to standard CIL processing
- NI 43-101 compliant technical report filed
Negative factors
- Resource is entirely Inferred and Indicated (no Measured/Proven)
Facts used in scoring: 2
Classification and evidence
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The company announced the filing of a NI 43-101 Technical Report.
Evidence · text
“filed a National Instrument 43-101 Technical Report”
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: The resource estimate includes an Indicated category.
Evidence · table
“Indicated”
Context: 227,300
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The resource estimate includes an Inferred category.
Evidence · table
“Inferred”
Context: 84,500
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 report.
Evidence · text
“Qualified Person Mr Andrew Bewsher, MAIG... has reviewed and approved”
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Resource Estimates (2)
indicatedgoldTonnes: 227300Grade: 5.78Grade Unit: g/tContained Metal: 42200Contained Unit: ozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- CIO
Resource Data
- Category
- indicated
- Tonnes
- 227300
- Grade
- 5.78
- Grade Unit
- g/t
- Contained Metal
- 42200
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-23T00:00:00.000Z
Reasoning: Indicated resource grade of 5.78 g/t gold is strong.
Positive factors
- Strong grade for an indicated resource
Evidence · table
“5.78”
Context: 227,300
inferredgoldTonnes: 84500Grade: 7.36Grade Unit: g/tContained Metal: 20000Contained Unit: ozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- CIO
Resource Data
- Category
- inferred
- Tonnes
- 84500
- Grade
- 7.36
- Grade Unit
- g/t
- Contained Metal
- 20000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-10-23T00:00:00.000Z
Reasoning: High grade intercept in the inferred category.
Positive factors
- High grade for an inferred resource
Negative factors
- Inferred category implies lower geological confidence
Evidence · table
“7.36”
Context: 84,500
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.