Iceni is definitely onto the same magnetic anomaly and lithology as their neighbour at the 8Million Ounce Wallaby Gold deposit...assays pending Q4 2022.
From the Market Herald article above:"Based on petrophysical measurements taken down-hole, the company determined that the diamond drilling successfully intersected the modelled magnetic body at the Recon 1 target.
It came after Iceni recorded a strong magnetic response at a depth of 120 metres, which was attributed to elevated concentrations of the alteration minerals pyrrhotite and magnetite.
The company said these minerals were associated with chlorite and carbonate alteration, which is known to form the magnetic shell around the Wallaby deposit.
All of the core from the diamond drill program has been sampled and dispatched for assaying."
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