Iceni Gold Ltd. · ASX:ICL
Iceni Gold — Shareholder Meeting (November 2022)
34 slides from Iceni Gold's shareholder meeting presentation, Nov 25, 2022
Slide 1: Exploration Update Annual General Meeting
Exploration Update Annual General Meeting 25 November 2022 ASX: ICL 14 Mile Well Gold Project
Slide 2: Disclaimer and Forward-looking Statements
Disclaimer and Forward-looking Statements This document dated 25 November 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
Slide 3: Iceni Gold
Iceni Gold The EGST has produced The 14 Mile Well Project Eastern 130 Moz of gold Yilgarn is located in the Yilgarn Goldfields Craton WA Craton in WA Contains 17 world class Superterrane gold deposits containing 100t of gold Claypan The Kurnalpi Terrane has Deep Well produced over ~40Moz of North 1
Slide 4: Located in Western Australia: 285km from Kalgoorlie's Golden Mile
Located in Western Australia: 285km from Kalgoorlie’s Golden Mile +60Moz Au The three styles of gold mineralisation identified and being explored for: • Intrusion Related Gold: • Analogous to the Wallaby, Jupiter, Cameron Well deposits and associated with Mafic Group and Syenite Group intrusions. •
Slide 5: Tenements are ~20km of two World Class Mines
Tenements are ~20km of two World Class Mines ~20Moz 14 Mile Well is situated between Laverton and Leonora in the Eastern Goldfields of WA Eight major gold mines located nearby are: • Lancefield • Mount Morgans • Granny Smith • Wallaby • Sunrise Dam • Red October • Tarmoola • Sons of Gwalia The exist
Slide 6: Guyer North
Guyer North Celia Fault 14 Mile Well Project is located half way between Leonora and Laverton. Celia Fault System: major crustal scale structure, extends over ~700km strike length Jundee Significant mining operations nearby: Bronzewing • Lancefield • Sunrise Dam • Granny Smith • King of the Hills Da
Slide 7: Right Structures
Right Structures Major Structural Faults within the project: • Celia-Claypan Fault (9km of strike) • Castlemaine Fault (30km of strike) • Guyer Fault (15km of strike) Gold Deposits tend to be associated with major structures Example of veining and alteration within the Castlemaine Fault Zone Iceni G
Slide 8: Right Reactions
Right Reactions Far from Gold Close to Gold Silica-sulphide Epidote-carbonate alteration Hematite alteration -carbonate-tourmaline alteration Iceni Gold | Exploration Update AGM| icenigold.com.au 8
Slide 9: Goldilocks Zone
Right Rocks Goldilocks Zone (after Holwell et al 2022, Nature Communications) (after Holwell et al 2022) Iceni Gold | Exploration Update AGM| icenigold.com.au 9
Slide 10: Regional Syenites
Regional Syenites Gold attached to quartz vein: Guyer Well Iceni Gold | Exploration Update AGM| icenigold.com.au 10
Slide 11: Work Done Since IPO April 2021
Work Done Since IPO 14 April 2021 Significant amount of work completed over the Tenement area • Diamond Drilling: ~17,000m • Air Core Drilling: ~42,000m • Rock Chip Sampling: >5,000 Samples • UFF+ Samples: >16,000 Samples • Gravity: 689 Stations • Geophysics: 31.5 line km Entire Tenement Package is
Slide 12: Deep Well Target FMW44: Anomalous Air Core Drilling
Deep Well Target FMW44: Anomalous Air Core Drilling • Hematite and pyrite alteration associated with quartz veining. • Interpreted as a zone of hydrothermal alteration/mineralisation coincident with a shear zone associated with a syenite intrusion. • DD results were unfavourable. • AC identified 2 s
Slide 13: North – TOTK: Positive Anomalous Air Core Drilling
North 1 – TOTK: Positive Anomalous Air Core Drilling • Surface rockchip sampling identified high grade gold and visible gold in outcrop. • Completed DD fences across the anomalous trend. • Anomalism in AC points towards theNE. Next Steps: • Final DD results pending. • Interpret results, plan follow-
Slide 14: Danjo NE Target Area: Positive Air Core Holes
Danjo NE Target Area: Positive Air Core Holes Surface rockchip sampling identified high grade gold associated with sulphide bearing quartz veining. Four AC holes reported gold anomalism: • FMAC0261: 8m @ 0.21g/t Au from 8-16m & 4m • FMAC0261: 4m @ 0.17g/t Au from 20-24m • FMAC0262: 4m @ 0.76g/t Au f
Slide 15: Everleigh Well: 5km Long Soil Anomaly
Everleigh Well: 5km Long Soil Anomaly Iceni Gold | Exploration Update AGM| icenigold.com.au 15
Slide 16: Everleigh Well: Anomalous Diamond Drill Core
Everleigh Well: Anomalous Diamond Drill Core FMDD0032 ~ 214m Gold identified in drill core FMDD0032 ~116m Lode Structure Iceni Gold | Exploration Update AGM| icenigold.com.au 16
Slide 17: Claypan: Anomalous DD and AC Holes
Claypan: Anomalous DD and AC Holes • All holes intersected significant alteration. • This alteration assemblage is suggestive of an early, pre- metamorphic, alteration system. • The alteration is potentially syn-volcanic, forming at or near the sea floor, most likely a Volcanogenic Massive Sulphide
Slide 18: North 1 – Recon1: Alteration in Diamond Drill Core
North 1 – Recon1: Alteration in Diamond Drill Core Sulphides observed in Potassic (biotite) Possible gold related zones of increased alteration associated alteration with several % veining and with pillow margins pyrrhotite in biotite- brecciation chlorite altered andesite Iceni Gold | Exploration U
Slide 19: North 1 – Recon1: Alteration in Diamond Drill Core
North 1 – Recon1: Alteration in Diamond Drill Core FMDD0042 ~135m, sulphide bearing quartz vein with pyrrhotite, pyrite and chalcopyrite hosted within altered andesite volcanics. Iceni Gold | Exploration Update AGM| icenigold.com.au 19
Slide 20: Guyer Shear: 15km long, 25km from Sunrise Dam
Guyer Shear: 15km long, 25km from Sunrise Dam +10Moz Air Core program over 15km long Guyer Target Area. Major Targets • Guyer North • Guyer Central • Guyer South • Hages Bore • Guyer Syenite Drilling intersected syenite in SE of the Guyer Trend. • Guyer North results imminent. Syenite at Guyer Sulph
Slide 21: UFF Soil Sampled Entire Tenement Package with CSIRO
UFF Soil Sampled Entire Tenement Package with CSIRO Results have been received from the CSIRO Study • Eight significant new drill targets have been identified since IPO (currently untested). • UFF targeting work ongoing. Next Steps: • Field Truthing and Rock Chip sampling in Progress • Interpret res
Slide 22: 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 drainage on the Castlemaine Fault, on the western contact of the Danjo Granite. Soil Anomaly
Slide 23: Recent Finds: Guyer North
Recent Finds: Guyer North 52.7g Nugget Parcel – cleaned 61.1g Nugget Parcel 46.2g Nugget Parcel Iceni Gold | Exploration Update AGM| icenigold.com.au 23
Slide 24: Recent Finds: Guyer North
Recent Finds: Guyer North Cleaned nuggets from the 52.7g parcel Nugget with angular features Iceni Gold | Exploration Update AGM| icenigold.com.au 24
Slide 25: Recent Finds: Guyer North
Recent Finds: Guyer North Variety of nugget types being recovered, indicating a number of geological processes at work Iceni Gold | Exploration Update AGM| icenigold.com.au 25
Slide 26: Recent Finds: Guyer North
Recent Finds: 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 | Exploration Update AGM| icenigold.com.au 26
Slide 27: Recent Finds: Guyer North
Recent Finds: Guyer North Gold still attached to a fragment of the host quartz vein. The gold is associated with iron oxides after sulphides. Iceni Gold | Exploration Update AGM| icenigold.com.au 27
Slide 28: Recent Finds - Guyer North
Recent Finds - 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 p
Slide 29: Guyer North
Guyer North Very high purity (gold-silver ration) nuggets suggesting supergene modification and mobilisation through the groundwater Iceni Gold | Exploration Update AGM| icenigold.com.au 29
Slide 30: Everleigh Embayment
Everleigh Embayment 11.2g nugget Iceni Gold | Exploration Update AGM| icenigold.com.au 30
Slide 31: Everleigh Embayment
Everleigh Embayment 354.3g specimen estimated to contain ~10g of gold Iceni Gold | Exploration Update AGM| icenigold.com.au 31
Slide 32: Summary
Summary Guyer North • Majority of nuggets from Guyer North are transported • High purity suggests supergene modification • Nugget trend coincides with UFF+ Au anomaly • Correlates with the Unconformity at the base of transported cover • Gold likely to be coming from the granite contact to the west E
Slide 33: Board of Directors
Board of Directors Brian Rodan Dave Nixon Hayley McNamara Keith Murray Executive Chairman Technical Director Non-Executive Director Non-Executive Director Fellow of the Australian Institute of Mining BSc Hons Applied Geology. Mr Nixon has Corporate lawyer with 20 years experience. Chartered accounta
Slide 34: 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