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Iceni Gold Limited (ASX:ICL)

ALERT: Price-sensitive ASX Announcement for ICL
Current share price for ICL : $0.021 -0.01 (-32.26%)+
Announcement
Release
15 Apr 2026 9:10AM
Price at Release
$0.031
Full Release
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Summary
Iceni Gold Limited (ASX: ICL) has reported positive results from its initial Reverse Circulation (RC) drilling program at the Goose Well target within the 14 Mile Well Gold Project. The program focused on two high-priority targets, the Main and North Targets, in the Goose Well Intrusive Complex (GWIC). The drilling revealed significant gold mineralisation hosted in monzogranite and syenite intrusions, interpreted as high-grade quartz veins within a broader low-grade system. The results confirm the presence of a major north-south trending structure, the Gander Fault, which may be a key control on the mineralisation. Future exploration efforts will include diamond drilling to further understand the geology and optimise drill targeting along the Gander Fault. This work aims to unlock the full potential of the gold system at Goose Well.
Key Points
  • RC drilling program returned encouraging gold intercepts.
  • Gold mineralisation hosted in monzogranite and syenite.
  • Gander Fault identified as a major untested structure.
  • Diamond drilling planned to define structural controls.
  • Future exploration to focus on understanding the Gander Fault.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.