ICL – Iceni Gold | Aussie Stock Forums

Iceni Gold’s key project is the 14 Mile Well Project, located in the Laverton region of Western Australia, within the Eastern Goldfields Superterrane (EGST) of the Yilgarn Craton in an area that has seen limited methodical exploration activities.

The Project comprises five (5) granted Exploration Licences, 155 granted Prospecting Licences and 1 granted Mining Lease. It also includes applications for a further six (6) Prospecting Licences, and three (3) Mining Leases (overlapping the area of existing granted Prospecting Licences).

Nearby gold mines include Granny Smith (approximately 50 km to the northeast), Wallaby, and Sunrise Dam (both approximately 20 km to the east) and Mount Morgans (approximately 15 km to the northeast).

Following a review of historic exploration undertaken at the Project and exploration undertaken by the Company, management has identified six initial targets for further assessment following the Company’s listing, being the Claypan, North One, Deep Well, Danjo Northeast (NE), Everleigh Well and Guyer Well targets, on which it will undertake a targeted drilling campaign to test mineralisation identified to date.

It is anticipated that ICL will list on the ASX during April 2021.

 

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