Iceni Gold Ltd. (AU:ICL) has released an update.
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Iceni Gold Ltd. has secured a strategic farm-in agreement with Gold Road Resources, potentially worth up to A$44 million, to advance exploration at its 14 Mile Well Gold Project in Western Australia. This deal allows Gold Road to progressively increase its stake to an 80% joint venture interest in the Guyer Gold Trend, while Iceni retains full ownership of other promising areas within the project. This collaboration aims to accelerate exploration efforts, potentially unveiling a significant gold deposit.
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