Iceni Gold (ASX: ICL) has commenced further aircore (AC) drilling at the Guyer prospect, within the 14 Mile Well Gold Project (14MWGP or Project) located between Leonora and Laverton in WA.
Highlights
This programmw aims to extend and further enhance the bedrock gold anomaly to deliver robust targets for future RC and diamond drilling campaigns.
The drilling will be completed in October, with gold assay results expected in November. We are excited to launch our third aircore campaign along the Guyer Trend for 2024,” Managing Director, Wade Johnson, said.
“We believe we are expanding the footprint to a significant greenfields primary gold system in the Leonora-Laverton district that is hidden beneath transported overburden.
“Our aim of the campaign is to extend and strengthen the gold anomaly to give us concrete targets for future RC and diamond drilling. Early results from our first two campaigns are highly encouraging, even with the broad 600-1200m spacing between drill traverses. We are eager to see what this next phase reveals and look forward to receiving the gold assay results in November”.
. This dual focus programme will target the untested southern 5.5kms of the granite-greenstone contact, which is along strike of the historic high-grade gold workings ‘George Washington’, ‘Just in Time’, and ‘Pennyweight’.
In addition to determining the strike extent of the bedrock gold anomaly, approximately 40 holes will infill the existing drill traverses at the defined gold anomaly from 800m to 400m spacing. This reduced spacing will better delineate the gold anomalism identified in the first two AC campaigns, facilitating planning of subsequent RC and diamond drilling.
The drilling is expected to take 14 days to complete, with gold assay results anticipated in November. These results will be instrumental in guiding the next steps of the company’s exploration strategy and advancing Guyer toward a significant gold discovery.