Iceni Gold Starts Diamond Drilling at Western Australia Prospect; Shares Up 3%

MT Newswires Live

04/03

Iceni Gold (ASX:ICL) started diamond drilling at the Everleigh Deeps prospect within its 14 Mile Well project in Western Australia, according to a Thursday filing with the Australian bourse.

An extension of the Everleigh Deeps diamond hole will assess an interpreted deep-buried granite body based on seismic work and down dip projections of historic Castlemaine gold workings and the Tatong gold trend, the filing said.

Drilling is anticipated to be completed in this month, with final core processing and sampling in May, according to the filing.

Shares rose 3% in afternoon trade Thursday.

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