Iceni Gold Ltd. (AU:ICL) has released an update.
Iceni Gold Ltd. has announced a strategic $2.2 million cash injection from asset sales to enhance its exploration efforts at the 14 Mile Well Project in the renowned Leonora Laverton gold district of Western Australia. The company has appointed seasoned geologist Wade Johnson as the new Managing Director to spearhead these accelerated exploration programs, which will include drilling at high-priority gold targets. This move signifies Iceni’s commitment to tapping into the region’s significant gold potential, with initial exploration already indicating promising gold prospects.
For further insights into AU:ICL stock, check out TipRanks’ Stock Analysis page.