Circular targets are widely used in LiDAR-camera extrinsic calibration due to their geometric consistency and ease of detection. However, achieving accurate 3D-2D circular center correspondence remains challenging. Existing methods often fail due to decoupled 3D fitting and erroneous 2D ellipse-center estimation. To address this, we propose a geometrically principled framework featuring two innovations: (i) a robust 3D circle center estimator based on conformal geometric algebra and RANSAC; and (ii) a chord-length variance minimization method to recover the true 2D projected center, resolving its dual-minima ambiguity via homography validation or a quasi-RANSAC fallback. Evaluated on synthetic and real-world datasets, our framework significantly outperforms state-of-the-art approaches. It reduces extrinsic estimation error and enables robust calibration across diverse sensors and target types, including natural circular objects. Our code will be publicly released for reproducibility.