CIO Central Iron Ore Ltd

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 field mapping and sampling has commenced on its Yilgarn Iron Ore Project
(Yilgarn IOP). 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.


Yilgarn Iron Ore Project Area

The Company now has a total of 10 tenements covering 652km2 (refer table below)
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 ("DSO"). 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. 


The initial strategy and objective of the Company is to evaluate the occurrence
of both magnetite ore and direct shipping ore within the above tenements to gain
an initial understanding of their respective resource potential. 




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Iron Ore Hub          Tenement          Status         Area (km2)
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Perinvale North       E57/818           Granted              120
                                                                
Perinvale South       E30/414           Granted               93
                      E30/415           Granted               93
                      P30/1084          Granted                1
                                                                
Diemals               E77/1749          Granted              111
                      E77/1757          Granted              114
                      E77/1758          Granted               39
                      ELA77/1840        Application           27
                                                                
Windarling            E77/1820          Granted               12
                      E77/1737          Granted               42
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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 Commencement of field work on Yilgarn Iron Ore Project.
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.

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