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Iceni Gold Limited (ASX:ICL)

ALERT: Price-sensitive ASX Announcement for ICL
Current share price for ICL : $0.018 -0.01 (-35.71%)+
Announcement
Release
14 Jul 2026 8:25AM
Price at Release
$0.028
Full Release
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Summary
Iceni Gold Limited announced the successful completion of a diamond drilling program at the Goose Well target within their 14 Mile Well Gold Project in Western Australia. The main highlight of the program was the confirmation of the Gander Fault, which is a significant structural component believed to control gold mineralisation in the area. The drilling intersected a major fault zone, revealing a complex multi-phase intrusive system comprising quartz syenite and monzogranite intruded by lamprophyre dykes, associated with strong hydrothermal alteration. Core observations indicated steeply dipping lamprophyres parallel to the Gander Fault, refining the geological model and enhancing the understanding of structural controls on gold mineralisation. Assays from this drilling are pending and expected in August. This development positions Iceni to better target future exploration within the Goose Well Intrusive Complex.
Key Points
  • Diamond drilling completed at Goose Well, confirming the Gander Fault.
  • The drilling intersected a ~25m wide fault zone, confirming the structural model.
  • Multi-phase intrusive system identified, comprising quartz syenite and monzogranite with lamprophyre dykes.
  • Strong silica-carbonate alteration and abundant sulphides indicate a significant hydrothermal system.
  • Steeply dipping lamprophyres parallel to the Gander Fault were observed.
  • Core processing and sampling are underway, with assay results expected in August.
  • The work advances the geological understanding and potential for gold mineralisation at Goose Well.
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.