Iceni Gold (ASX: ICL) has extended the Guyer North gold nugget anomaly in Western Australia by a further 2.5km along strike, bringing it to a total of five km.
Highlights
Parallel mineralised BIF outcrop extends for 7km.
• Gold discovered on both sides of the Guyer Ridge that runs along the length of the Guyer North prospect.
• The gold nuggets are coming from nearby primary and supergene sources.
• Field work continues to principally focus on the Guyer target area.
Gold nuggets have been found across the 14 Mile Well project, most notably in the Guyer North prospect, where over 600 gold nuggets have been recovered over a strike length of 5km. E
vidence of historic gold workings has been found within the Guyer North prospect area. These workings are located on both sides of the prominent north-northwest trending ridge. This ridge runs along the length of the coincident gold nugget and UFF+ Au soil anomalies at Guyer North.
The Guyer Ridge forms a prominent topographic anomaly that correlates with a linear magnetic trend and a coincident linear gravity anomaly. Significantly the UFF+ gold soil anomalism and gold nuggets occur on both sides of these coincident anomalies.
The nuggets display an assemblage of textures that indicate some surface transport, supergene enrichment and the preservation of primary textures. The presence of angular gold fragments, crystalline gold and attached pieces of the quartz vein host suggest the gold nuggets have not travelled far from source.
“The continued discovery of coarse gold in the soils, rock chips, drilling, and as nuggets is highly encouraging. Integrating these different data sets has revealed that gold is strongly controlled by the Granite-Greenstone contact and the Guyer Shear,” Technical Director, David Nixon, said.
“The Guyer North gold nugget anomaly now totals 5km along strike and is coincident with the trend of the existing UFF+ gold soil anomaly and a number of linear geophysical anomalies.
“The combination of the gold nugget anomaly, AC gold anomalism, rock chip geochemistry, and coincident geophysical anomalies forms a compelling focus for Iceni within the Guyer Trend.
“Geological field work continues to focus on the 15km long Guyer target area including specifically the Guyer North, Guyer Central and Guyer South Prospects.”
Once the relationship is established between the Guyer soil, gold nugget and geophysical anomalies and the Guyer mineralised trend then an initial scout drilling campaign will be designed.
For further information please visit: https://www.icenigold.com.au
