Iceni Gold Ltd. · ASX:ICL
Iceni Gold — Technical Presentation (November 2022)
14 slides from Iceni Gold's technical presentation, Nov 24, 2022
Slide 1: Exploration Update: Recent Nugget Finds
Exploration Update Recent Nugget Finds 24 November 2022 ASX: ICL 14 Mile Well Gold Project
Slide 2: Disclaimer and Forward-looking Statements
Disclaimer and Forward-looking Statements This document dated 24 November2022 has been prepared by Iceni Gold Limited (Company) and is provided for information purposes only. This document does not constitute an offer, invitation, solicitation or recommendation with respect to the purchase or sale o
Slide 3: Recent Finds
Recent Finds • Guyer – Northern end of the trend, associated with UFF+ Au anomaly and magnetic/gravity geophysical trends, on the eastern contact of the Danjo Granite • Everleigh – Embayment area, nuggets in a drainage on the Castlemaine Fault, on the western contact of the Danjo Granite. Soil Anoma
Slide 4: Guyer North
Guyer North 52.7g Nugget Parcel - cleaned 61.1g Nugget Parcel 46.2g Nugget Parcel Iceni Gold – 14 Mile Well Recent Nugget Finds 24 November 2022 4
Slide 5: Guyer North
Guyer North Cleaned nuggets from the 52.7g parcel Nugget with angular features Iceni Gold – 14 Mile Well Recent Nugget Finds 24 November 2022 5
Slide 6: Guyer North
Guyer North Variety of nugget types being recovered, indicating a number of geological processes at work Iceni Gold – 14 Mile Well Recent Nugget Finds 24 November 2022 6
Slide 7: Guyer North
Guyer North • Angular nuggets suggest they are close to source • Rounded nuggets suggest they have travelled further • An assemblage with both types of nuggets suggests there are two or more gold sources Angular Rounded Iceni Gold – 14 Mile Well Recent Nugget Finds 24 November 2022 7
Slide 8: Guyer North
Guyer North Gold still attached to a fragment of the host quartz vein. The gold is associated with iron oxides after sulphides. Iceni Gold – 14 Mile Well Recent Nugget Finds 24 November 2022 8
Slide 9: Guyer North
Guyer North • Deep yellow nuggets with a high gold-silver ratio suggest weathering or supergene processes • Pale yellow nuggets with a lower gold-silver ratio suggest primary composition is preserved • An assemblage with both types of compositions suggests two or more gold sources ~85% Au pXRF ~99%
Slide 10: Guyer North
Guyer North Very high purity (gold-silver ratio) nuggets suggesting supergene modification and mobilisation of gold through the groundwater Iceni Gold – 14 Mile Well Recent Nugget Finds 24 November 2022 10
Slide 11: Everleigh Embayment
Everleigh Embayment 11.2g nugget Iceni Gold – 14 Mile Well Recent Nugget Finds 24 November 2022 11
Slide 12: Everleigh Embayment
Everleigh Embayment 354.3g specimen estimated to contain ~10g of gold Iceni Gold – 14 Mile Well Recent Nugget Finds 24 November 2022 12
Slide 13: Summary
Summary Guyer North • Majority of nuggets from Guyer North are transported • High purity suggests supergene modification • Nugget trend supports the UFF+ Au anomaly • Correlates with the Unconformity at the base of transported cover • Gold likely to be associated with the granite contact to the west
Slide 14: Australian Stock Exchange Ticker: ICL
David Nixon | Technical Director Level 2, 41 Ord Street West Perth, Western Australia T: +61 8 6458 4200 E: admin@icenigold.com.au www.icenigold.com.au Australian Stock Exchange Ticker: ICL