The aircore drilling was designed to test the Ultra FIne Gold soil anomaly and the recently identified gold nugget trend.
These holes form a cluster that correlate with the eastern contact of the Danjo Granite, similar to other large gold deposits in the region, Granny Smith, Jubilee and King of the Hills.
Follow up drilling will focus on targeting these granite-greenstone contacts.
"Iceni recently completed Air Core drilling at Guyer North. 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 the
area of the UFF gold soil anomaly and the recently identified gold nugget trend.
The assay results from this drilling have been received. A number of gold anomalous holes have been
identified. These holes form a cluster that correlate with the eastern contact of the Danjo Granite. A number
of gold deposits within the Leonora-Laverton District are known to be associated with Granite-Greenstone
contacts, for example Granny Smith (2.5Moz Au), Jubilee (150koz Au) and King of the Hills (6Moz Au) gold
mines.
Three kilometres of the Granite-Greenstone contact at Guyer North remains untested."
