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- Iceni Gold (ICL) identifies a two-kilometre-long gold anomaly at the North 1 target area within its 14 Mile Well project in WA
- The company discovered the anomaly after analysing the results of CSIRO ultrafine (UFF+) sampling work completed over the project area more than four years ago
- The 500-metre-wide multi-element anomaly extends to the northeast-southwest and comprises four priority zones
- Follow-up exploration work at the target is now underway
- Shares in Iceni Gold are trading flat at 10 cents at 2:39 pm AEST
Iceni Gold (ICL) has identified a two-kilometre-long gold anomaly at the North 1 target area within its 14 Mile Well project in WA.
The company discovered the anomaly after analysing the results of CSIRO ultrafine (UFF+) sampling work completed over the project area more than four years ago.
The 500-metre-wide multi-element anomaly extends to the northeast-southwest and comprises four priority zones.
Iceni said the anomaly displayed a gold tellurium-tungsten geochemical association and was interpreted to be on the contact between mafic and felsic rocks.
The company believes the UFF+ soil sampling, supported by the geophysics and structural interpretations of the area, reinforces the significant potential for the discovery of gold mineralisation at the project.
Follow-up exploration work at the target is now underway.
Shares in Iceni Gold were trading flat at 10 cents at 2:39 pm AEST.
