Iceni Gold Limited (ASX: ICL) has obtained high-grade rock chip assays have been returned from the Guyer target area in Western Australia.
Ongoing fieldwork has discovered over 700 gold nuggets along the Guyer Trend to date, with more than 100 gold nuggets have been recovered during the last four weeks.
“New high-grade gold results have been discovered within the Guyer target area, providing strong evidence of deeper buried mineralization being revealed at surface by the company’s ongoing exploration work,” Technical Director, David Nixon, said.
“The high-grade rock chip results from in-situ outcrop are exciting because they confirm and support the existing gold UFF+ soil anomalies.
“The Guyer South AC drilling results also demonstrate that gold anomalism is concealed beneath deep transported cover.
“The Guyer target area continues to deliver in-situ gold bearing rock chips and significant numbers of gold nuggets over key areas, and these results continue to strengthen the previous results from broad spaced Air Core holes, specifically at Guyer North, where a number of significant targets are being prepared for future exploration drilling.”
Ongoing rock chip sampling across the Guyer target area has delivered several significant gold results, that include several high-grade gold results at Granite Contact South, Guyer North and East Well. The gold anomalism is supported by multi-element geochemistry, which reinforces the anomalies.
The majority of gold anomalous samples are hosted by quartz veining in granite, andesite or sediments, sometimes displaying evidence of sulphides or boxworks after sulphides.
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