Selection of gold nuggets and specimen stone recently recovered from Guyer North Source: Iceni Gold
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Iceni Gold (ICL) strikes high grade gold at the Guyer target area in Western Australia
  • Ongoing rock chip sampling across the project area delivered “significant” gold results, with findings of up to 136 grams per tonne (g/t) gold and 126 g/t gold
  • More than 100 gold nuggets were recovered during the past four weeks, with 700 nuggets unearthed along the Guyer Trend to date
  • The company is now preparing its Guyer North target for exploration drilling
  • Iceni Gold soars 14.8 per cent, trading at 7 cents at 11:11 am AEST

Iceni Gold (ICL) has struck high grade gold at the Guyer target area in Western Australia.

Ongoing rock chip sampling conducted across the project area has yielded “significant” gold results, with findings from Granite Contact South, Guyer North and East Well including up to 136 grams per tonne (g/t) gold, 126 g/t gold and 67.4 g/t gold.

More than 100 gold nuggets were unearthed during the past four weeks, with a total of 700 nuggets discovered along the Guyer Trend to date.    

Iceni Technical Director David Nixon said the results provide “strong evidence” of deeper buried mineralisation.

“The Guyer target area continues to deliver in-situ gold bearing rock chips and significant numbers of gold nuggets over key areas, and these results continue to strengthen the previous results from broad spaced air core holes, specifically at Guyer North, where a number of significant targets are being prepared for future exploration drilling,” he said.

The company is now preparing its Guyer North target for exploration drilling.

Iceni Gold soared 14.8 per cent, trading at 7 cents at 11:11 am AEST.

ICL by the numbers
More From The Market Online
medical patient

Drove autonomous wheelchair gets TGA approval

Control Bionics (ASX: CBL) has announced that its autonomous wheelchair module, DROVE, has been officially included as a Class 1 Medical Device

Green Technology hands the helm to Henry

Green Technology Metals, a Canadian-focused multi-asset lithium business, has appointed Mr. Cameron Henry as Managing Director.

Singaporean Olam’s bid to buyout Naomi Cotton raises ACCC alarms – lots of them

The ACCC has taken issue with Naomi Cotton's (ASX:NAM) proposed takeover by Singaporean Olam. Its concerns…

ASX Market Open: Lower trading and political nerves in Europe push Aus market down | 20 June 2024

Australian futures opened slightly down today, following European stocks which were down overnight on political tensions.