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Iceni Gold Ltd. ( (AU:ICL) ) has shared an announcement.
Iceni Gold Limited reported significant exploration progress at its 14 Mile Well Gold Project during the quarter ending June 30, 2025. The company completed extensive diamond and aircore drilling along the Guyer Trend, yielding high-grade gold intersections and identifying new gold anomalies. These results support the potential for a growing granite-hosted gold system and guide an ongoing 11,700m RC drill program. Additionally, Iceni raised $2.5 million through a share placement and maintained cash reserves of $4.2 million with no debt, enhancing its financial position for ongoing exploration activities.
More about Iceni Gold Ltd.
Iceni Gold Limited is a Perth-based exploration company focused on gold exploration at the 14 Mile Well Gold Project, located in the Leonora-Laverton Greenstone Belt in Western Australia. The project spans approximately 850km² and is strategically positioned between major gold mining centers, Laverton and Leonora, and adjacent to Genesis Minerals Limited’s Laverton Gold Operation.
Average Trading Volume: 487,008
Technical Sentiment Signal: Buy
Current Market Cap: A$21.63M
For an in-depth examination of ICL stock, go to TipRanks’ Overview page.