Iceni Gold Ltd. · ASX:ICL
Iceni Gold — Sydney Resources Roundup (May 2022)
41 slides from Iceni Gold's conference presentation, May 4, 2022
Slide 1: Exploration Update
Exploration Update 4 May 2022 Sydney Resources Roundup 14 Mile Well Gold Project
Slide 2: Disclaimer and Forward-looking Statements
Disclaimer and Forward-looking Statements This document dated 4 May 2022 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 of any
Slide 3: Work Done
Work Done • Claypan – Completed 2,600m DD, drilling ongoing - Identified VMS • North 1 - Completed 5,933m DD and 3,457m AC drilling potential at Claypan - Identified gold in core ➢ TOTK DD and AC results mid Q2. at Everleigh • Deep Well - Completed 2,184m DD and 6,860m AC drilling on Target FMW44 ➢
Slide 4: 14 Mile Well Project
14 Mile Well Project YILGARN CRATON EASTERN GOLDFIELDS KURNALPI TERRANE 14 MILE WELL HAS WA SUPERTERRANE 7 TARGET AREAS ➢ The 14 Mile Well Project ➢ The EGST has produced ➢ The Kurnalpi Terrane has ➢ Claypan is located in the Yilgarn 130 Moz of gold and Produced over 40 Moz of ➢ Deep Well Craton in
Slide 5: Key Target Areas
Key Target Areas ICENI Gold has identified seven key target areas, each with multiple targets within: Claypan Deep Well North 1 Monument Danjo NE Everleigh Guyer Each target area may have potential for the 4 different styles of Gold mineralisation which have been identified in the Project area. The
Slide 6: Geological Prospectivity
Geological Prospectivity ➢ Right Address For Gold • Increased chance of success in the Laverton District, endowment >30 M oz gold ➢ Right Rocks For Gold • Identified favourable intrusions: mafic group granites, syenites & lamprophyres ➢ Right Reactions For Gold • Observed alteration and textures dem
Slide 7: Right Address
Right Address 14 Mile Well is situated almost halfway between Laverton and Leonora. Regional major gold mines located nearby are: • Lancefield • Sunrise Dam • Mount Morgans • Red October • Granny Smith • King of the Hills • Wallaby • Sons of Gwalia Two mines located within 20kms of 14 Mile Well: Gra
Slide 8: Right Address
Right Address Celia Fault ➢ Celia Fault System extends over a strike length ~700km ➢ Major crustal scale structure Jundee ➢ Strong association between crustal scale structures and gold deposits Bronzewing Darlot ➢ Majority of gold in the Yilgarn is located west of the Celia Fault ➢ Significant minin
Slide 9: Right Rocks
Right Rocks ACDC Model - Key syenite characteristics with increased prospectivity for gold: Aureole Competency Dilation Contacts ➢ Metamorphism of the rock ➢ Brittle intrusion within a ductile ➢ Syenites intrude from depth ➢ Thermal contraction during surrounding the intrusion. package. along deep s
Slide 10: Right Rocks
Right Rocks Syenites are intrusive igneous rocks with an intermediate composition, they are very alkaline with little to no quartz. ➢ Family of intrusions including monzonites, monzodiorites and syenites. ➢ Commonly associated with lamprophyres. ➢ Strong genetic / spatial link with gold mineralisati
Slide 11: Right Reactions
Right Reactions Far from Gold Close to Gold Silica-sulphide Epidote-carbonate alteration Hematite alteration -carbonate-tourmaline alteration Iceni Gold – Exploration Update 4 May 2022 11 www.icenigold.com.au
Slide 12: Right Structures
Right Structures 30km strike length within 14 Mile Well Project Example of veining and alteration within the Castlemaine Fault Zone Iceni Gold – Exploration Update 4 May 2022 12 www.icenigold.com.au
Slide 13: Claypan Target Area
Claypan Target Area ➢ The geological intrusive target at Claypan is significantly underexplored. ➢ The Claypan target is located along the local Celia– Claypan Fault that has historically hosted numerous gold deposits. ➢ The Claypan / Celia fault system has been identified over a 9km strike length w
Slide 14: Claypan
Claypan weathered sulphides in outcrop ➢ Significant UFF+ anomaly with result of 37.8ppb Au. ➢ On surface observed highly altered conglomerates with carbonate and white mica. Interpreted ➢ The altered zone is coincident with a radiometric domal structure potassium high. ➢ The anomaly displays surfic
Slide 15: Claypan
Claypan ➢ FMDD0035 drilled beneath geophysical anomaly ➢ FMDD0037 drilled beneath the UFF anomaly ➢ FMDD0038-41, 42-45 beneath coincident BIF/UFF anomaly ➢ All holes intersected significant alteration. ➢ Alteration is dominated by carbonate, white mica and sulphides, associated with chloritoid. Stro
Slide 16: Claypan – Metallogenic Study
Claypan – Metallogenic Study Metallogenic Map ➢ Metallogenic study of the Leonora-Laverton district identified potential Leonora-Laverton District for VMS style mineralisation. ➢ Known VMS comp at Teutonic Bore, north of Leonora and there is a second VMS camp at Anaconda, 7km west of the 14 Mile Wel
Slide 17: Claypan – VMS Model
Claypan – VMS Model ➢ xyz Schematic section through a gold rich VMS system ➢ VMS systems observed forming as Black Smokers After Dube 2007. with seafloor volcanic activity. ➢ Hydrothermal activity driven by shallow magma providing heat to circulate seawater through rock. ➢ Hydrothermal fluids strip
Slide 18: Claypan – Alteration
Claypan – Alteration FMDD0037 ~44m FMDD0037 ~56m FMDD0037 ~102m FMDD0037 ~148m Sulphide vein in carbonate Sulphide – carbonate – Pyrite – carbonate - Pyrite – carbonate altered – white mica – chloritoid white mica alteration in tourmaline – white mica – porphyry intrusion. altered volcaniclastics. v
Slide 19: Claypan – Alteration
Claypan – Alteration FMDD0038 ~199m FMDD0039 ~229m FMDD0040 ~195m FMDD0040 ~119m Strongly altered Brecciated strongly Strongly white mica – Structurally disrupted sulphidic chert. altered sediments with silica-carbonate altered BIF/chert. sulphidic veining. altered conglomerate. Iceni Gold – Explora
Slide 20: Claypan – Alteration
Claypan – Alteration FMDD0038 ~128m FMDD0039 ~109m FMDD0040 ~140m FMDD0043 ~178m White mica alteration BIF with telegraph textured Pyritic chert horizon, may be Purple fluorite bearing vein overprinting earlier pyrite infiltrating the more exhalites or a distal part of a in strong silica sericite di
Slide 21: Deep Well Target Area
Deep Well Target Area CSA field work - identified a large Diorite / Granodiorite Intrusion. 1998 RAB drilling intersected 5m @ 3.32 g/t in the centre of the intrusion at 48m depth. The tenement was subsequently dropped with no follow up work. 2020 Deep Ground Penetrating Radar lines revealed: ➢ Gran
Slide 22: Deep Well – Target FMW44
Deep Well – Target FMW44 ➢ Completed DD fence across the historic RAB anomaly. ➢ Identified monzonite intrusion with abundant mafic enclaves. ➢ Hematite and pyrite alteration associated with quartz veining. ➢ Interpreted as a zone of hydrothermal alteration/mineralisation coincident with a shear zon
Slide 23: North 1 – Target TOTK
North 1 – Target TOTK Field work along the 28km long Castlemaine Fault identified: Narrow +100m long outcropping, laminated quartz vein with an epithermal gold signature. Significant rockchip results include: ➢ 135 g/t Au, 1,220 g/t Ag, 0.66 g/t Te ➢ 101g/t Au, 548g/t Ag & 1.26g/t Te ➢ 61.8g/t Au, 5
Slide 24: North 1 – Target TOTK
North 1 – Target TOTK ➢ Surface rockchip sampling identified high grade gold and visible gold in outcrop. ➢ Completed DD fences across the anomalous trend. ➢ Hematite and pyrite alteration associated with quartz veining within a zone of hydrothermal alteration coincident with shear zones associated
Slide 25: North 1 – Target TOTK
North 1 – Target TOTK Ongoing fieldwork has recovered samples along strike of the TOTK discovery outcrop, clots of sulphides are visible within the TOTK quartz vein Iceni Gold – Exploration Update 4 May 2022 25 www.icenigold.com.au
Slide 26: Danjo NE Target Area
Danjo NE Target Area The Danjo NE Target is located within the Danjo Monzogranite, a Mafic Group intrusion. The target is centred on large outcropping northwest- striking quartz veins that are situated within a corridor linking up with the TOTK vein to the west in the North One Target area. Signific
Slide 27: Danjo NE – Target
Danjo NE – Target Iceni Gold – Exploration Update 4 May 2022 27 www.icenigold.com.au
Slide 28: Danjo NE – Target
Danjo NE – Target ➢ Surface rockchip sampling identified high grade gold with associated pathfinder elements. ➢ Diamond drilling N-S sections across the Danjo vein & E-W sections to test the anomalous geochemical trend. ➢ Alteration assemblage includes pyrite, white mica, carbonate and tourmaline as
Slide 29: Everleigh Well Target Area
Everleigh Well Target Area ➢ The Everleigh Well Target is located along the 28km long Castlemaine Fault. ➢ In 1993 BHP Minerals discovered 7 significant gold in soil anomalies at the Tatong Prospect. ➢ Shallow RAB and RC Drilling intersected 4m @ 1g/t. ➢ The tenements were dropped and work discontin
Slide 30: Everleigh Well – Target CSA04
Everleigh Well – Target CSA04 ➢ Interpreted geophysical and structural targets concealed beneath transported cover. ➢ Historic drilling to the west shows alteration & anomalism vectoring to the east towards the target. ➢ Supported by a number of coincident targets generated by geochemistry, geology,
Slide 31: Everleigh Well – Target CSA04
Everleigh Well – Target CSA04 FMDD0032 ~ 214m Gold identified in drill core FMDD0032 ~116m Lode Structure Iceni Gold – Exploration Update 4 May 2022 31 www.icenigold.com.au
Slide 32: Everleigh Well – Castlemaine Fault
Everleigh Well – Castlemaine Fault Intense brecciation Abundant veining Alteration flooding Iceni Gold – Exploration Update 4 May 2022 32 www.icenigold.com.au
Slide 33: Guyer Target Area
Guyer Target Area A major feature of the Guyer Well target zone is: ➢ Significant 15km long Guyer Fault ➢ Proximity to Sunrise Dam ~ 12km to the east. A combination of geophysics, field mapping and geochemistry demonstrates there is gold potential over 3 separate anomalous zones along the 15km long
Slide 34: Guyer Target Area
Guyer Target Area ➢ AC drilling ongoing in the south end of the Guyer target area ➢ Intersected deep transported cover with palaeochannels confirming DGPR response ➢ Deep cover is the reason why this area has seen little modern exploration Next Steps: ➢ Complete AC drilling. ➢ Results expected late
Slide 35: Guyer Target Area
Guyer Target Area ➢ Area dominated by weakly to strongly foliated and altered andesite ➢ Identified very deep regolith exceeding 150m. ➢ Intersected Syenite in SW of Guyer Trend. ➢ Several zones of quartz veining and sulphides identified. Deep regolith: exceeds 150m Syenite at Guyer Sulphide alterat
Slide 36: Guyer – Target 14UF002 East Well
Guyer – Target 14UF002 East Well ➢ 5km long coincident Au and multi-element soil anomaly. ➢ Anomaly has Au-W-Te-Mo geochemical association and is interpreted to be underlain by the Danjo Granodiorite. Comprising 3 closely spaced priority zones: ➢ Priority 1 zone – Coherent Au & multi-element anomali
Slide 37: Guyer – Targets 14UF003, 4, 5 & 6
Guyer – Targets 14UF003, 4, 5 & 6 ➢ Target 14UF003: 3km long coincident Au and multielement soil anomaly. ➢ Anomaly has Au-Ag-Hg-Te geochemical association and is interpreted to be underlain by basalt. Comprising 3 closely spaced priority zones: ➢ Priority 1 zone – Coherent Au & multi-element anomal
Slide 38: Monument – Target 14UF001 Breakaway
Monument – Target 14UF001 Breakaway ➢ 5km long coincident Au and multi-element soil anomaly. ➢ Anomaly has Au-W-Te-Mo geochemical association and is interpreted to be underlain by the Monument Granite. Comprising 5 closely spaced priority zones: ➢ Priority 1 zone – Coherent Au & multi-element anomal
Slide 39: Board of Directors
Board of Directors Executive Chairman Technical Director Fellow of the Australian Institute of Mining and Metallurgy (FAusIMM) BSc Hons Applied Geology. Mr Nixon has a significant depth of experience with 43 Years Experience as an Exploration Geologist over 25 years, predominantly in gold. His Manag
Slide 40: Summary
Summary • Claypan - DD underway, identified VMS potential. • North 1 – DD and AC Drilling completed at TOTK. ➢ DD and AC results expected mid Q2. • Deep Well - Completed DD and AC drilling on Target FMW44. ➢ DD results received, AC results mid Q2. • Danjo NE - Completed DD and AC drilling. ➢ DD and
Slide 41: Thank you
Thank you 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