Iceni Gold Targets Priority Goose Well Prospect with New RC Drill Program

An update from Iceni Gold Ltd. ( (AU:ICL) ) is now available.

Iceni Gold has identified Goose Well, on the western edge of its 14 Mile Well project, as a priority drill target after compiling historic work and conducting its own soil sampling, mapping and resampling of old reverse circulation drill spoils. The target centres on the Goose Well Intrusive Complex, a multi-phase monzo-granite and quartz-syenite body with a strong magnetic rim, a setting the company believes is analogous to major Eastern Goldfields deposits like Wallaby and Jupiter.

Field validation, including tenement-wide soil geochemistry and re-assaying of four historic drill holes, returned encouraging shallow gold intercepts such as 21m at 0.68 grams per tonne and 12m at 0.64 grams per tonne, reinforcing confidence in a potentially large mineralised system. With approvals secured and a rig contracted, Iceni plans a 23-hole, 2,600-metre reverse circulation program starting in late March 2026 to test the scale and continuity of mineralisation, a step that could significantly advance the project’s resource potential and strategic position in the region.

The most recent analyst rating on (AU:ICL) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Iceni Gold Ltd. stock, see the AU:ICL Stock Forecast page.

More about Iceni Gold Ltd.

Iceni Gold Ltd. is an Australian gold exploration company focused on its flagship 14 Mile Well Gold Project in Western Australia’s Eastern Goldfields region. The company targets intrusive-related and structurally controlled gold systems between Leonora and Laverton, aiming to advance priority prospects such as Goose Well through systematic geophysics, soil geochemistry and drilling.

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