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Iceni Gold Ltd. ( (AU:ICL) ) has issued an update.
Iceni Gold Limited has announced promising results from its aircore drilling at the Guyer West area within the 14 Mile Well Gold Project. The drilling has identified two significant gold trends, with one extending over 4,000 meters, suggesting a potential 7km mineralized corridor. These findings enhance the project’s prospectivity and align with the company’s strategic focus on the western margin of the Danjo Granite. Further drilling is planned to explore the untested zones, indicating a strong potential for future gold discoveries in this emerging corridor.
More about Iceni Gold Ltd.
Iceni Gold Limited is a company in the mining industry, focusing primarily on gold exploration and development. Its key projects include the 14 Mile Well Gold Project, situated between the gold mining towns of Leonora and Laverton, and it operates under a joint venture agreement with Gold Road Resources Limited.
Average Trading Volume: 323,957
Technical Sentiment Signal: Sell
Current Market Cap: A$17.85M
See more insights into ICL stock on TipRanks’ Stock Analysis page.