Seven Targets To Be Followed Up At 14 Mile Well
Iceni Gold Limited (ASX:ICL) has identified an additional high priority gold exploration target within the 14 Mile Well Project in Western Australia, with the new anomaly brings the number of significant target areas to seven.
14 Mile Well is situated ~ 50km from Laverton WA, where significant exploration activities are currently being undertaken.
Monument Area: Breakaway Well
Gold soil anomaly identified Analysis of results from the ongoing Ultra Fine Fraction (UFF+) soil programme has identified a significant, >5km long, coincident Au and multi-element soil anomaly.
The residual soil anomaly, known as Breakaway Well, is located within the Monument target area, and displays a strong Au-W-Te-Mo geochemical association and is interpreted to be underlain by monzogranite.
The anomaly has a 5.5km long strike north-south and a 1km width east-west, comprising five closely spaced priority zones, as follows:
• Priority 1 Zone: Consists of coherent gold and multi-element anomalism across 3 sample lines.
• Priority 2 Zone: Narrow coherent gold and multi-element anomalism across 2 sample lines.
• Priority 3, 4 & 5 Zones are generally gold only anomalies.
The sample lines are spaced 400m apart and 50m along line (400m x 50m).
A key feature of the CSIRO technology underpinning the UFF+ soil programme is that the UFF+ process was developed for particles less than two microns in size. The workflow involves a physical step to retain the fine microparticles and a chemical step to test for the presence of gold and other elements.
The ‘ultra-fine’ soil particles, such as clays and iron oxides, have more surface area which can bind gold and other metals that move through the environment and so form geochemical signatures of orebodies lying many metres below the surface. This will allow the company to generate new exploration targets that were previously unknown.
For further information please visit: https://www.icenigold.com.au/site/content/