THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES.


Central Iron Ore Ltd. (TSX VENTURE:CIO) (the "Company") is pleased to announce
that two of its applications for exploration licences E37/1085 and E37/1086 in
the South Darlot Gold Project that are prospective for the occurrence of gold in
Western Australia have now been successfully granted.


The South Darlot Gold Project area is approximately 320km North West of
Kalgoorlie and includes the British King gold mine which is 100% owned by the
Company and NI43-101 compliant. The British King gold mine is situated 5km west
of Barrick Gold Corporation's Darlot Gold Mine.


The Company now has a total of 7 tenements covering 324km(2) (refer to table
below) that are located within the South Darlot Gold Project ("South Darlot").
The Company's application for exploration licence E37/1072 has been withdrawn.
It is expected that the Company's remaining tenement applications will be
granted over the coming months.




South Darlot Gold Project

Tenement              Status      Area (km(2))
M37/30               Granted             0.1
P37/7026             Granted             0.1
E37/882              Granted             141
E37/1085             Granted              24
E37/1086             Granted               3
E37/1054         Application              33
E37/1106         Application             123



Accordingly the Company has decided to pursue opportunities to expand its tenure
both within and around Barrick's core Darlot mine tenements, through either
joint venture and/or acquisition, to underpin and provide the impetus for a
renewed exploration effort which will focus on the significantly underexplored,
deeper potential of the area. Deposits targeted will comprise new or extensional
mineralisation, in known and/or previously mined areas, as well as any 'new'
area deposits within or peripheral to any known mineralisation within the
general area.


Collectively, this tenement expansion and the renewed corporate focus on
exploration, both in and around the Company's prior holdings, will underpin its
renewed proactive exploration stance. Activities will recommence on a mine site
and more regional exploration basis, as will efforts on expanding the Company's
regional tenure.


The Company's current South Darlot regional tenement package now comprises some
324km(2) of highly prospective country under tenure. Given its recently renewed
proactive exploration stance and focus, the Company believes these tenements
represent both a major exploration and future development asset.


QUALIFIED PERSON

Mr. Andrew Spinks B.App.Sc, Grad.Dip (Mining), a member of AusIMM, and a
consultant geologist, is a Qualified Person as defined in National Instrument
43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").


On behalf of the Board of Directors

CENTRAL IRON ORE LTD.

Brett Hodgins, President/CEO

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking information within the meaning of
Canadian securities laws. Such information includes, without limitation,
information regarding South Darlot Gold Project Tenements Granted. Although the
Company believes that such information is reasonable, it can give no assurance
that such expectations will prove to be correct. Forward-looking information is
typically identified by words such as: believe, expect, anticipate, intend,
estimate, postulate and similar expressions, or are those, which, by their
nature, refer to future events. The Company cautions investors that any
forward-looking information provided by the Company is not a guarantee of future
results or performance, and that actual results may differ materially from those
in forward looking information as a result of various factors, including, but
not limited to, the state of the financial markets for the Company's equity
securities, the state of the market for iron ore or other minerals that may be
produced generally, recent market volatility; variations in the nature, quality
and quantity of any mineral deposits that may be located, the Company's ability
to obtain any necessary permits, consents or authorizations required for its
activities, to raise the necessary capital or to be fully able to implement its
business strategies and other risks associated with the exploration and
development of mineral properties. The reader is referred to the Company's
disclosure documents for a more complete discussion of such risk factors and
their potential effects, copies of which may be accessed through the Company's
page on SEDAR at www.sedar.com.


ABN: 32 072 871 133

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