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Iceni Gold (ASX:ICL) has uncovered its identification of a 4.5km bedrock gold anomaly at its Guyer landholding asset.
The discovery comes on the back of recent aircore results which saw drillers sniffing around a granite-greenstone contact area along the Guyer Trend, a geological feature spanning some 15km in length.
A “very broad” (140-640m wide) “coherent bedrock gold anomaly” was unveiled with mineralisation intersected in “multiple vertical holes on five 800m spaced drill traverses masked by up to 30m of transported cover.”
The company flagged the following “better” results:
- 04m @ 0.98g/t gold from 44m depth
- 04m @ 0.88g/t gold from 68m depth
- 04m @ 0.76g/t gold from 68m depth
- 04m @ 0.68/gt gold from 56m depth
While grades reported were low, the company notes mineralisation that was detected occurred “close to the partially oxidised granite-greenstone contact at the end of the drillholes, which may represent the footprint of a primary gold system.”
At least one HotCopper user commented in the announcement thread they’d rather see results from recent diamond drilling.
“The 15km long Guyer Trend, with its extensive gold nugget finds, geological character and surface indicators, has been a priority target since the Company listed in April 2021,” Iceni chief Wade Johnson said.
“The initial results and broad anomaly may represent the footprint of a blind gold system and planning for further aircore drilling, both infill and extensional, is underway.”
Some 7km of the granite-greenstone contact remain undrilled.
ICL last traded at 3.6cps.
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