Iceni Gold Ltd. (AU:ICL) has released an update.
Iceni Gold Ltd has commenced a maiden diamond drilling program at the Christmas Gift prospect, aiming to explore the high-grade gold potential indicated by previous rock chip samples. This program is designed to map the geological structure and extend the known gold-bearing shear zone by 50 meters. The results, expected in August, will inform future exploration and the development of additional targets in the Everleigh area of the 14 Mile Well Project.
For further insights into AU:ICL stock, check out TipRanks’ Stock Analysis page.