Guyer Gold Trend Reveals Significant Expansion with High-Grade Intersections
Iceni Gold Limited's (ASX: ICL) latest aircore drilling campaign has yielded exceptional results, strengthening and expanding the Guyer Gold Trend at its 14 Mile Well Gold Project. The 221-hole program has reinforced the potential of this emerging gold system, now confirmed along the entire 11.5km granite-greenstone contact.
Major Bedrock Gold Anomaly Continues to Grow
The recent 14,486-meter aircore drilling campaign has delivered some of the strongest drill results to date from the Guyer Trend success by Iceni Gold Ltd, including 4m @ 7.84 g/t Au from just 8m depth. This extensive program has significantly expanded the previously identified 6km gold anomaly by outlining three new robust gold zones, each extending over 1,200 meters in length. The high-grade gold discovery shows significant potential for future development in the region.
Key intersections from the program include:
- 4m @ 7.84 g/t Au from 8m in GUYAC0221
- 6m @ 2.98 g/t Au from 76m to EOH in GUYAC0135, including 4m @ 4.35 g/t Au
- 4m @ 4.21 g/t Au from 52m in GUYAC0169
- 8m @ 1.04 g/t Au from 64m to EOH in GUYAC0172
Significantly, these results come from new gold anomalies south of the main Guyer bedrock gold zone where initial RC and diamond drilling had previously been completed.
Gold Road Resources Partnership Accelerating Exploration
The Guyer Trend success by Iceni Gold Ltd is a key focus of the $35 million farm-in agreement with Gold Road Resources Limited (ASX: GOR) announced in December 2024. This partnership is already bearing fruit, with Gold Road funding the current exploration program as part of its initial $5 million minimum expenditure commitment.
Wade Johnson, Iceni's Managing Director, highlighted the significance of these results: "These are some of the best ever gold intercepts from aircore drilling at Guyer and reinforce our belief that this mineral system, hidden beneath transported cover, has the characteristics to potentially deliver a significant primary gold system."
Understanding the Geological Setting
The Guyer Trend follows a northerly striking belt of mafic greenstone sequences bounded by the Danjo Granite to the west. What makes these results particularly notable is that the gold system persists beneath significant transported cover—up to 40 meters in places—and a thick leached zone that typically masks conventional exploration techniques.
Importantly, each of the three newly identified gold anomalies is hosted within granite and located 250-750m from the greenstone contact, expanding the potential footprint of the mineralising system. Similar to S2 Resources' multi-project campaign, Iceni's systematic exploration approach is uncovering significant potential across their project area.
What Makes Aircore Drilling Results Significant?
Aircore drilling is primarily a reconnaissance technique used to screen large areas where bedrock is hidden beneath cover. In this context, the high-grade results obtained from such wide-spaced drilling (with traverses 400m apart) are particularly encouraging.
When aircore drilling consistently intercepts gold grades above 0.1 g/t across multiple traverses, it often indicates the presence of a broader gold system that may strengthen at depth. The fact that eleven holes from this program contained gold mineralisation exceeding 1.0 g/t Au suggests a robust mineralising system.
Next Steps: RC Drilling Program Imminent
Following these successful results, Iceni and Gold Road Resources are well advanced in planning a follow-up reverse circulation (RC) drilling program scheduled to commence in mid-July. This program will test the primary mineralisation beneath the newly defined bedrock gold anomalies.
The continued success at Guyer demonstrates the effectiveness of Iceni's methodical exploration approach, particularly their strategic use of detailed gravity and aeromagnetic data that defined the Guyer Trend and other priority targets. Furthermore, recent gold targets identified by other companies in Western Australia highlight the region's prospectivity.
Why Investors Should Take Notice
The Guyer Trend success by Iceni Gold Ltd represents a significant development in a premier gold district. The project is strategically located between the gold mining towns of Leonora and Laverton, with multiple high-tonnage capacity operating gold mills within 75km.
With each drilling campaign yielding stronger results, the dimensions of the Guyer gold system continue to expand. The partnership with Gold Road Resources provides both validation of the project's potential and the financial backing to accelerate exploration.
As Johnson noted: "Our exploration in 2024 has laid the foundations for our focus in 2025 and we continue to gear up for a big and successful year at the 14 Mile Well Project, with the immediate focus being Guyer."
For investors seeking exposure to a potentially significant gold discovery backed by a major partner, Iceni Gold's systematic approach to unraveling the Guyer Trend success by Iceni Gold Ltd presents a compelling opportunity. In fact, across Australia, companies like Hammer Metals with gold-copper discoveries and Matsa Resources hitting high-grade gold are demonstrating the continued potential for significant mineral discoveries in the country's rich geological terrain.
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