Iceni Gold (ASX:ICL) has confirmed that Air Core (AC) results received for the Guyer Central target in Western Australia have confirmed the presence of gold.
Iceni recently completed Air Core drilling at Guyer Central. The drilling was designed to test across the interpreted position of the Guyer Shear along the eastern side of the Danjo Granite. The drilling tested an area previously identified as a UFF+ gold soil anomaly, along strike from the North Guyer gold nugget trend.
The assay results from this drilling have now been received and a number of gold anomalous holes have been identified. These gold anomalous AC holes form clusters that correlate with the eastern contact of the Danjo Granite and an adjacent BIF unit. These associations are significant because a number of gold deposits in the Leonora-Laverton District are known to have similar geological associations.
The BIF associated deposits include Granny Smith, Sunrise Dam and Mt Morgans. Deposits associated with Granite-Greenstone contacts include Jubilee, Granny Smith and King of the Hills.
The Granite-Greenstone contact within the Guyer target area remains largely untested and is an opportunity to be tested by future exploration programmes.
The company said the drill results coincide with Au, Ag, Sb, Bi and Te in surface rock chip sampling and the results support recent positive AC drilling at Guyer North, with gold mineralisation present along a six km strike
“The wide spaced AC drilling was designed as a broad-brush test across the Guyer Shear. As a consequence, we’ve identified gold along six km of the Granite-Greenstone contact,” Technical Director, David Nixon, said.
“We’ve also found gold with pathfinder elements (Ag, Bi, Sb and Te) leaking along a geochemically reactive BIF unit, which is along strike from the Guyer North gold nugget anomaly,
“With the AC lines at a broad spacing of 700m to 1.2km, the 11 km length of the granite-greenstone contact remains largely untested. In this district Granite-Greenstone contacts and BIF units are known to host large gold deposits.
“These mineralised trends form attractive exploration targets for future exploration programs in the Guyer target area.”
For further information please visit: https://www.icenigold.com.au
