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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/british-king-gold-project-filing-of-ni43-101-technical-report--a2efd1dd-0c5a-4085-9b1b-2f4ba2295fc8

Original source: https://money.tmx.com/en/quote/CIO/news/8360392100393736/british-king-gold-project-filing-of-ni43-101-technical-report

Publisher: tmx

Original announcement: 2025-10-23T23:52:01.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas 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 factor: Resource update provides increased geological and grade confidence

- Positive factor: Metallurgical test work confirms amenability to standard CIL processing

- Positive factor: NI 43-101 compliant technical report filed

- Negative factor: Resource is entirely Inferred and Indicated \(no Measured/Proven\)

Facts used in scoring: 2

## Classification and evidence

**NI 43-101 Compliant**

Polarity: positive

Definition: 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 Resource**

Polarity: positive

Definition: 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 Resource**

Polarity: negative

Definition: 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 Signed**

Polarity: positive

Definition: 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)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/british-king-gold-project-filing-of-ni43-101-technical-report--a2efd1dd-0c5a-4085-9b1b-2f4ba2295fc8#fact-resource-facts-0)

gold

#### 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 factor: Strong grade for an indicated resource

Evidence · table

> 5.78

Context: 227,300

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/british-king-gold-project-filing-of-ni43-101-technical-report--a2efd1dd-0c5a-4085-9b1b-2f4ba2295fc8#fact-resource-facts-1)

gold

#### 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 factor: High grade for an inferred resource

- Negative factor: 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.