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Central Iron update on Yilgarn iron ore project
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Friday, 29 Jul 2011
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Central Iron Ore Ltd announced that field mapping and sampling has commenced on its Yilgarn Iron Ore Project. Field activities are expected to be ongoing for the next few months and work will commence on the Perinvale South Iron Ore Hub followed in time by the other hubs.

The initial field work is expected to take approximately three weeks. Field activities will focus on regolith mapping, structural mapping, soil sampling and systematic sampling of potential iron ore targets exposed within the tenements.

The Company now has a total of 10 tenements covering 652km2 that are located within the Yilgarn Iron Ore Province. The Yilgarn Iron Ore Province is considered highly prospective, given its history of large scale iron ore production, with the Cliffs Natural Resources owned Koolyanobbing operation (also formerly operated by Portman Limited) currently producing at a rate of about 8Mtpa of Direct Shipping Ore. The Yilgarn Iron Ore Province is increasingly being recognised as an attractive location for the development of Iron Ore, given its proximity to rail and access to ports.

The Company believes its greater Yilgarn IOP tenement package provides a significant platform for the exploration for Iron Ore and will provide a significant, new future phase of growth for the Company.

(Sourced from www.marketwire.com)

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