Iceni Gold Ltd. (AU:ICL) has released an update.
Iceni Gold Ltd. has successfully raised $1.7 million through a heavily oversubscribed share placement to fund an ambitious six-month gold exploration program at the 14 Mile Well Project in Western Australia, including the high-potential Christmas Gift Prospect. The exploration initiative includes diamond drilling, which is set to commence in the June quarter, targeting four immediate priority locations with strong potential based on previous rock chip assays. This aggressive exploration strategy is expected to yield a robust flow of news and updates over the upcoming half-year.
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