Key Highlights

  • Iceni Gold shares touched a 52-week low during the session on Monday 9 November 2026 and closed at $0.015, down 11.77%.
  • Maiden hole FMDD0058 intersected 20.62m at 0.45 g/t gold from 208.47m at Goose Well.
  • Follow-up RC and diamond drilling is being planned to test the mineralised system.

Iceni Gold Ltd (ASX:ICL) touched a 52-week low during the Trading session on Monday, 9 November 2026, and closed at $0.015, down 11.77%. Iceni's flagship project is the 14 Mile Well Gold Project, located between Leonora and Laverton in Western Australia.

Latest Development: Quarterly Report, 12 October 2026

Iceni released its quarterly activities report for the three months to 30 September 2026 on 12 October 2026. The maiden diamond hole at Goose Well, FMDD0058, intersected 20.62m at 0.45 g/t gold from 208.47m, including higher-grade intervals.

The drilling defined a broad low-grade mineralised envelope of about 54m width west of the Gander Fault. Multi-element results identified two lamprophyre populations, with higher-grade gold linked to deformed alkaline lamprophyres along the fault.

About the Company

Iceni is a gold exploration company with its main project at 14 Mile Well. The company has 440.65 million shares on issue, according to its quarterly report.

Sector Context

Exploration companies in the Eastern Goldfields region often evaluate targets through drilling, geochemistry and structural interpretation before defining resources.

Risks and What to Watch Ahead

Intercepts so far are low grade on a broad basis, and higher-grade zones are narrow. Further drilling may not confirm the continuity of mineralisation.

Watch items include the planned RC and diamond drilling at Goose Well and any resource or reporting updates.

Final Word

Iceni's Quarterly Report describes early drilling results along the Gander Fault and planned follow-up work. The results are exploration data and do not define a resource.