Further Results Strengthen Gander Fault Target

• Diamond drillhole FMDD0058 shows significant gold mineralisation at Goose Well
• Two distinct lamprophyre populations identified with higher-grade gold mineralisation
• Planning for follow-up RC and diamond drill program to test continuity of mineralisation

Iceni Gold Limited (ASX: ICL) has reported multi-element (ME) geochemical results from diamond drillhole FMDD0058 at the Goose Well target within its 14 Mile Well Gold Project (14MWGP). The results support the geological model and provide new targeting vectors within the Goose Well Intrusive Complex (GWIC). FMDD0058 returned a broad gold mineralised interval of 20.62m @ 0.45 g/t Au from 208.47m, including higher-grade intervals. Two geochemically distinct lamprophyre populations have been identified, with higher-grade gold mineralisation preferentially associated with the deformed alkaline lamprophyres. Tungsten, tellurium, and bismuth have emerged as potential pathfinders for the mineralising hydrothermal system. The Gander Fault, a key structural corridor, has been identified as a priority exploration target. A follow-up RC and diamond drill program is planned to evaluate the continuity of the new mineralisation along the Gander Fault.

The company plans to continue exploration at Goose Well, with a focus on testing the continuity of the gold mineralisation along the Gander Fault. Further drilling is expected to provide additional data to build scale to the newly identified system.