Juno Project - Lidar Final Data Delivery
08/01/2025 11:08
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RNS Number : 6017S Global Petroleum Ltd 08 January 2025
8 January 2025
The information contained within this announcement is deemed by the Company to
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Global Petroleum Limited
("Global" or "the Company")
Juno Project - Lidar Final Data Delivery
Global Petroleum Limited (LSE AIM: GBP) is pleased to announce the delivery of
final data for airborne Light Detection and Ranging (LiDAR) for the Juno
project in Western Australia, further to its announcement on 9 December 2024.
Post acquisition data processing and imaging was completed by the LiDAR
contractor during December and early January, and delivery of derived LiDAR
and imagery products to the Company is now complete. Delivered products
include 0.5m and 1.0m high resolution Digital Terrain Model (DTM) mosaics
(Figure 1) along with detailed digital imagery of the ground surface (Figure
2).
Figure 1 - LIDAR DTM
The LiDAR data was post processed and levelled against several ground control
points providing the data set with a spatial accuracy of less than 20cm.
Detailed imagery of the ground surface was also levelled and constrained to
provide ground imagery of similar spatial resolution.
Figure 2 - Digital Imagery
LiDAR is a high-precision airborne remote sensing method that uses laser
pulses to generate a detailed three-dimensional DTM of surface topography.
This technique enables the identification of subtle topographic and geological
features that are critical for detailed data modelling and exploration
programme planning and analysis. The acquired DTMs will be used in conjunction
with detailed aeromagnetic and gravity data to define drill targets for the
Company's initial drillholes at the Juno project.
Detailed ground gravity data has been collected and final data processing is
currently underway. The Company expects to receive final gravity data shortly
and will provide further updates in due course.
Callum Baxter, Global's joint venture partner commented:
"LiDAR enables detailed spatial modelling of geophysical data sets and
supports exploration activities and logistics. It is a vital tool for modern,
efficient exploration programmes. I am pleased that LiDAR data for Juno has
been acquired and delivered in a timely manner and that we continue to rapidly
advance the Juno project."
Omar Ahmad, CEO of Global Petroleum Limited, commented:
"We are excited about the rapid progression of the Juno Project, particularly
with the final delivery of LiDAR data, which marks a significant milestone in
our exploration strategy. Fully capitalised for Juno Project, we are now
accelerating our work programme. Alongside our world-class joint venture
partner, Callum Baxter, we are committed to leveraging innovative technology
and his expert insights to define high-impact drill targets. We now eagerly
await the completion of detailed ground gravity data processing, which will
further enhance our ability to refine drill target selection.
"As a Board, we remain resolutely focused on advancing all our projects,
guided by the best interests of our shareholders, who are the driving force
behind our strategic decisions and long-term vision for growth."
For further information please visit: www.globalpetroleum.com.au
(http://www.globalpetroleum.com.au/) or contact:
Global Petroleum Limited investors@glo-pet.com (mailto:investors@glo-pet.com)
Hamza Choudhry, CFO and Executive Director
SPARK Advisory Partners (Nominated Adviser) +44 (0) 20 3368 3555
Andrew Emmott, Jade Bayat
CMC Markets (Joint Broker) +44 (0) 20 3003 8632
Douglas Crippen
SI Capital Limited +44 (0) 14 8341 3500
Nick Emerson
Tavistock (Financial PR & IR) +44 (0) 20 7920 3150
Simon Hudson / Nick Elwes
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