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CIO receives confirmation from the Department of Mines and Petroleum that the Mission and Cables gold asset now under application EL 37/1232 is approved to proceed to determination.
The Mission and Cables gold asset is expected to add significant value to the CIO Balance Sheet having an established JORC inferred resource in the Eastern Goldfields adjacent to infrastructure and 7km’s North from the 3 million ounce Gold Fields Limited Darlot – Centenary Gold mine.
CIO will review immediately the most effective mechanism to commercialize the Mission and Cables gold asset to benefit the development of the CIO business.
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