Iceni Drills Two Holes Targeting 50.2 g/t Au Intercept Extensions at Guyer

Iceni Gold has launched a targeted two-hole diamond drilling program at its Guyer prospect, aiming to extend promising high-grade gold mineralisation identified earlier this year. Results expected in December will shape exploration plans for 2026.

  • Two-hole diamond drilling program underway at Guyer within 14 Mile Well Project
  • Follow-up on high-grade gold intercepts including 0.5m at 50.2 g/t Au
  • Targets focus on Danjo Granite margin and emerging basalt-hosted trend
  • Program aims to test mineralisation continuity down dip and along strike
  • Results anticipated before year-end to guide 2026 exploration
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Iceni Gold Reignites Exploration at Guyer

Iceni Gold Limited (ASX – ICL) has recommenced diamond drilling at its Guyer prospect, a key component of the 14 Mile Well Gold Project in Western Australia’s highly prospective Leonora-Laverton district. This follow-up program comprises two diamond drill holes designed to test extensions of high-grade gold mineralisation discovered earlier in 2025.

The Guyer Trend, situated along the contact between the Danjo Granite and greenstone sequences, has emerged as a priority target following multiple drilling campaigns this year. Notably, previous holes GUYDD006 and GUYRC0083 returned significant gold intercepts, including a standout 0.5 metre interval grading 50.2 grams per tonne gold, and a broader 13 metre zone averaging 1.39 grams per tonne.

Dual Geological Settings Offer Exploration Upside

The current drilling program targets two distinct mineralised systems – flat-lying shears within the Danjo Granite margin and a newly identified basalt-hosted trend to the east. Both systems remain open at depth and along strike, with the new holes GUYDD009 and GUYDD010 planned to depths of 360 and 250 metres respectively. The objective is to delineate the structural controls and continuity of mineralisation, critical steps toward defining resource potential.

Iceni’s Managing Director Wade Johnson expressed optimism about the program, highlighting the encouraging nature of the 2025 results and the strategic importance of advancing these targets before year-end. The company’s $35 million farm-in agreement with Gold Fields Australia underscores the significance of the Guyer Trend within the broader 14 Mile Well portfolio.

Strategic Location and Future Prospects

The 14 Mile Well Project benefits from its location between established gold mining hubs Leonora and Laverton, with proximity to multiple high-capacity processing mills. The Guyer Trend itself lies within a northwest-trending shear corridor, interpreted to extend beneath transported cover and adjacent volcanic units, enhancing its exploration potential.

Historical workings nearby, such as the Pennyweight mine, which produced over 4,200 ounces of gold in the early 1900s, add to the area’s allure. Iceni’s ongoing exploration, including geophysical surveys and surface sampling, continues to build a compelling case for a significant gold system.

Looking Ahead to 2026

The current drilling campaign is expected to conclude in December, with assay results fast-tracked to inform next steps. These results will be pivotal in guiding follow-up drilling programs planned for early 2026, aimed at expanding the strike length and refining the understanding of the mineralised zones.

As Iceni Gold advances its exploration efforts at Guyer, the market will be watching closely for confirmation that these high-grade intercepts translate into a viable resource, potentially unlocking significant value within the 14 Mile Well Project.

Bottom Line?

December’s assay results will be a critical milestone, potentially setting the stage for a resource-defining phase in 2026.

Questions in the middle?

  • Will the new drilling confirm continuity and expansion of the high-grade mineralisation?
  • How will the results influence Iceni’s farm-in partnership with Gold Fields Australia?
  • What is the potential scale of the Guyer Trend compared to nearby established deposits?