Iceni Gold Discovers Mineralised Trends at Guyer West Project

Iceni Gold Unveils Promising Gold Trends at Guyer West

Iceni Gold Limited (ASX: ICL) has announced encouraging results from its aircore (AC) drilling program at Guyer West, revealing two major north-northwest trending gold zones that significantly enhance the prospectivity of the company's 14 Mile Well Gold Project in Western Australia.

New Gold Trends Emerge Under Cover

The 73-hole, 4,141-meter AC drilling program has successfully identified two parallel gold trends along the western margin of the Danjo Granite. These mineralised corridors extend over impressive strike lengths of 2,400 meters and 4,000 meters respectively, with the latter remaining open to the south.

Most notably, the drilling program delivered several significant gold intersections, including:

• 20m @ 0.39 g/t Au from 40m to end of hole in FMAC0233
• 4m @ 0.29 g/t Au from 36m in FMAC0253
• 2m @ 0.36 g/t Au from 54m to end of hole in FMAC0235
• 1m @ 0.47 g/t Au from 89m to end of hole in FMAC0244

These results are particularly promising given they were obtained from first-pass, wide-spaced drilling through significant transported cover, traditionally a challenging environment for exploration.

Strategic Significance: The 7km Mineralised Corridor

What makes these findings particularly exciting is the potential linkage between Guyer West and Iceni's recently identified "Wild West" gold trend to the north. The company believes these two discoveries may form part of a continuous 7km mineralised structural corridor that crosscuts the western Danjo contact.

"The discovery of another gold trend under transported cover within the 14 Mile Well Gold Project is a very pleasing outcome for the Iceni and Gold Road team," said Wade Johnson, Managing Director of Iceni Gold. "We consider the Wild West–Guyer West area to be a prime target for gold mineralisation and a priority target for further exploration."

Gold Road Partnership Driving Exploration

The Guyer West exploration program is part of Iceni's strategic $35 million exploration Farm-In and Joint Venture agreement with Gold Road Resources Limited (ASX: GOR). The program contributes to the initial $5 million minimum exploration commitment under the partnership.

This farm-in agreement, announced in December 2024, provides Iceni with significant financial backing to accelerate exploration across the 154km² tenement area while maintaining its focus on other priority targets within its broader 850km² 14 Mile Well Project.

Understanding Granite-Greenstone Contacts

The gold mineralisation at Guyer West demonstrates the importance of granite-greenstone contacts as primary exploration targets in the Leonora-Laverton district. These geological settings, where granitic intrusions meet surrounding greenstone belts, often create favourable structural traps for gold mineralisation.

What Are Granite-Greenstone Contacts?

Granite-greenstone contacts represent geological boundaries where intrusive granite bodies meet older volcanic and sedimentary rocks (greenstones). These contacts are significant in gold exploration for several key reasons:

1. Structural Permeability: The boundary between the harder granite and more ductile greenstones creates zones of weakness that allow for fluid movement.

2. Chemical Contrasts: The different rock types create chemical gradients that can trigger gold precipitation from hydrothermal fluids.

3. Deformation Focus: During tectonic events, strain is often concentrated along these contacts, creating fractures and faults that serve as conduits for mineralising fluids.

4. Heat Source: The granite intrusions can act as heat engines, driving hydrothermal systems that mobilise and concentrate gold.

In Iceni's case, the company is systematically testing both the eastern and western contacts of the Danjo Granite. The western contact at Guyer West mirrors the previously identified 11km Guyer trend on the eastern contact, suggesting a symmetrical mineralised system surrounding the intrusion.

This geological setting shares characteristics with several major gold deposits in the region, including those at Jupiter and Westralia (Genesis Minerals).

Future Work: Expanding the Gold Footprint

Based on these encouraging results, Iceni is planning additional AC drilling to:

1. Infill and extend the existing gold anomalies at Guyer West
2. Test the 2km untested zone between Guyer West and Wild West
3. Confirm the scale, continuity, and geometry of the 7km trend

The company will leverage multi-element geochemical data to enhance its geological model and refine targeting strategies as it advances toward RC and diamond drilling of the most prospective zones.

Why Investors Should Take Notice

Iceni Gold represents an attractive exploration opportunity for several reasons:

1. Strategic Land Position: With 850km² of tenements in the highly prospective Leonora-Laverton district, Iceni controls one of the largest land packages in an area known for multi-million-ounce gold deposits.

2. Systematic Exploration Approach: The company's methodical targeting approach has proven effective in identifying gold anomalies beneath transported cover where traditional exploration methods often fail.

3. Strong Financial Backing: The $35 million farm-in agreement with Gold Road Resources provides significant exploration funding without excessive dilution to existing shareholders.

4. Multiple Discovery Opportunities: With several parallel mineralised trends already identified across the project, Iceni offers investors exposure to multiple potential discovery pathways.

5. Experienced Leadership: Led by Managing Director Wade Johnson and Chairman Brian Rodan, the company brings significant technical expertise and mining industry experience to bear on its exploration efforts.

As Iceni continues to expand its exploration footprint across the 14 Mile Well project, the emerging gold trends at Guyer West represent just one of several promising avenues for potential discovery in this highly prospective yet underexplored terrain.

Ready to Discover Iceni Gold's Next Major Gold Trend?

Explore the full potential of Iceni Gold's expanding gold discoveries at the 14 Mile Well Project in Western Australia's prolific Leonora-Laverton district. With two significant gold trends already identified at Guyer West and a potential 7km mineralised corridor taking shape, now is the time to learn more about this compelling investment opportunity. For comprehensive information about Iceni Gold's strategic exploration programme, recent drilling results, and their partnership with Gold Road Resources, visit Iceni Gold's website today.