Iceni Gold Extends High-Grade Shear at 14 Mile Well

Iceni Gold Ltd. (AU:ICL) has released an update.

Iceni Gold Ltd. has announced promising exploration updates for their 14 Mile Well Gold Project, where the Christmas Gift prospect has revealed the extension of a high-grade gold shear structure. Recent surface excavations have uncovered a shear structure that spans at least 50 meters in strike length and is still open, with rock chip assays yielding high-grade gold results including samples of 158.00g/t, 93.50g/t, and 43.20g/t Au. The company is preparing for a maiden drilling program as it secures diamond drilling contractors to further investigate the prospect’s potential.

For further insights into AU:ICL stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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