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Iceni Gold Ltd. ( (AU:ICL) ) has provided an announcement.
Iceni Gold Limited has commenced a significant 15,000-meter aircore drilling campaign at the Guyer Trend within its 14 Mile Well Gold Project. This initiative aims to explore and extend the existing gold anomaly, generating new targets for future drilling. The project is part of a $35 million farm-in agreement with Gold Road Resources Limited, highlighting its strategic importance. The results from this drilling, expected in June, will be integrated with ongoing diamond drilling and high-resolution surveys to enhance the geological model and guide future exploration efforts.
More about Iceni Gold Ltd.
Iceni Gold Limited is a company operating in the mining industry, focusing on gold exploration. Its primary project is the 14 Mile Well Gold Project located between the gold mining towns of Leonora and Laverton, Australia. The company is engaged in a joint venture with Gold Road Resources Limited to explore and develop gold resources within this area.
Average Trading Volume: 324,104
Technical Sentiment Signal: Sell
Current Market Cap: A$17.92M
Learn more about ICL stock on TipRanks’ Stock Analysis page.