Iceni Gold Limited (ASX: ICL) has reported encouraging assay results from its maiden diamond drilling campaign at the Guyer prospect within the 14 Mile Well Gold Project (14MWGP) in Western Australia. The six-hole, 2,136.8m program targeted a 6km-long bedrock gold anomaly within the Guyer Trend, intersecting multiple high-grade zones associated with shallow-dipping shear zones in granite. Notable intercepts include 3.65m @ 7.46 g/t Au from 151.6m in hole GUYDD0006, which includes a higher-grade interval of 0.5m @ 50.2 g/t Au, and 6.52m @ 2.63 g/t Au from 297.2m in GUYDD0001.
Gold mineralisation was encountered in four of six holes, reinforcing the structural controls of the granite-hosted system. These findings will inform a follow-up RC drilling campaign scheduled to begin in late July 2025. The Guyer Trend is the focal point of an AU$35 million Farm-In agreement with Gold Road Resources (ASX: GOR), with the upcoming work part of an AU$5 million minimum spend commitment.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.