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- Iceni Gold (ICL) commences first phase of diamond drilling at the Danjo North East target which is part of the 14 Mile Well project in WA
- This follows drilling at the TOTK target area which is one of seven priority targets Iceni aims to drill
- The Danjo NE target is centred on a large, one kilometre-long outcropping quartz vein that linked with the TOTK vein within the North-1 target area
- Drilling will provide Iceni with data to assess the area’s potential for mineralisation
- Iceni is up 5.88 per cent to trade at 27 cents per share at market close
Iceni Gold (ICL) has commenced the first phase of diamond drilling at the Danjo North East target which is part of the 14 Mile Well project in Western Australia.
Since listing on the ASX earlier this year, the company has conducted drilling at the Deep Well and TOTK target areas, as well as soil sampling over the entire 14 Mile Well tenement package, located around 50 kilometres from WA’s Laverton district.
The first phase of diamond drilling at TOTK has been completed and diamond drilling is now underway at Danjo NE.
The TOTK target area is located within North-1 — which is one of seven targets identified at the 14 Mile Well Project.
Danjo NE is located within the Danjo Monzogranite intrusion, classified as a prospective Mafic Group intrusion.
The target is centred on a large, one kilometre-long outcropping, east-west striking quartz vein that is linked to a corridor to the TOTK vein.
The company is drilling the Danjo NE area to follow up on positive field mapping observations made by CSA geologists in 2018 and 2020.
Diamond drilling will generate geological, structural and geochemical data to allow the company to assess the area’s mineralisation potential.
Iceni was up 5.88 per cent to trade at 27 cents per share at market close.
