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Iceni Gold (ASX:ICL) identifies 2km gold anomaly at 14 Mile Well – The Market Herald

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  • Iceni Gold (ICL) identifies a two-kilometre-long gold anomaly at the North 1 target area within its 14 Mile Well project in WA
  • The company discovered the anomaly after analysing the results of CSIRO ultrafine (UFF+) sampling work completed over the project area more than four years ago
  • The 500-metre-wide multi-element anomaly extends to the northeast-southwest and comprises four priority zones
  • Follow-up exploration work at the target is now underway
  • Shares in Iceni Gold are trading flat at 10 cents at 2:39 pm AEST

Iceni Gold (ICL) has identified a two-kilometre-long gold anomaly at the North 1 target area within its 14 Mile Well project in WA.

The company discovered the anomaly after analysing the results of CSIRO ultrafine (UFF+) sampling work completed over the project area more than four years ago.

The 500-metre-wide multi-element anomaly extends to the northeast-southwest and comprises four priority zones.

Iceni said the anomaly displayed a gold tellurium-tungsten geochemical association and was interpreted to be on the contact between mafic and felsic rocks.

The company believes the UFF+ soil sampling, supported by the geophysics and structural interpretations of the area, reinforces the significant potential for the discovery of gold mineralisation at the project.

Follow-up exploration work at the target is now underway.

Shares in Iceni Gold were trading flat at 10 cents at 2:39 pm AEST.

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