Iceni Gold Expands Gold Discovery at Guyer Prospect
Carol Forrest
Iceni Gold Limited (ASX: ICL) has released encouraging results from its initial RC drilling campaign at the Guyer Prospect, part of its flagship 14 Mile Well Gold Project near Leonora and Laverton, Western Australia.
Key Highlights:
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Initial RC drilling campaign comprising 31 holes totaling 6,420 metres completed.
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First 15 RC holes all intersected significant gold mineralisation, expanding the mineralised footprint.
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Notable intersections include:
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10m at 0.67g/t gold from 115m, including 2m at 1.89g/t
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15m at 0.47g/t gold from 189m, including 1m at 1.22g/t
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13m at 0.52g/t gold from 78m, including 5m at 1.16g/t
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Drilling identified an extensive mineralised and altered granodiorite corridor over 1,000 metres wide, with the full extent yet to be defined.
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The Guyer Prospect is part of a $35 million exploration Farm-In and Joint Venture agreement with Gold Road Resources (ASX: GOR).
Iceni Managing Director Wade Johnson noted, “These results clearly indicate the significant potential of the Guyer Prospect, reinforcing our strategy for accelerated diamond drilling to target high-grade zones within this expansive system."
Diamond drilling and further exploration activities, including a gravity survey and additional aircore drilling, are scheduled to commence shortly.
For more details, visit www.icenigold.com.au.