REG - Geo Exploration Ltd - Australia Gold Projects – Work Programme Update

GEO ExplorationAnnouncement

13/04/2026 07:00

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RNS Number : 1562A  Geo Exploration Limited  13 April 2026

 13 April 2026

 GEO Exploration Limited

 ("GEO " or the "Company")

Western Australia Gold Projects - Work Programme Update

 Highlights

 ·      Planned airborne geophysical surveys, geological fieldwork and
 geochemical programmes at the Gorge Project to support target generation.

 ·      Auger geochemical soil survey across a ~5km gold trend at Gorge
 to define priority drill targets.

 ·      Initial drilling programme planned at Gorge targeting surface
 gold occurrences, geochemical and structural targets.

 ·      Ongoing technical work at Juno including 3D geological modelling
 and multi-element geochemical analysis.

 ·      Follow-up diamond drilling planned at Juno targeting
 high-priority geophysical anomalies.

 GEO Exploration Limited (AIM: GEO) is pleased to provide an update on planned
 exploration activities across its Western Australian gold portfolio,
 comprising the Gorge Project and the Juno Project.

 The Company's strategy is focused on advancing both projects through
 systematic exploration programmes aimed at defining drill-ready targets with
 drilling to commence thereafter across both projects.

 Gorge Exploration Activities Programme

 The Company is progressing a systematic exploration programme at the Gorge
 Project, focused on modern exploration techniques to refine priority target
 areas and advancing the project towards a maiden drilling campaign.

 Planned airborne geophysical surveys include: magnetic, radiometric, LiDAR and
 aerial photography surveys. These datasets will support detailed mapping of
 historical workings and deriving a litho-structural interpretation to assist
 target generation. Preferred contractors have already been identified and
 scheduled works are anticipated to commence in Q2 2026.

 Field-based geological activities will include validation of historical
 geochemical results, confirmation of historic workings and drill locations,
 and detailed mapping to better understand controls on mineralisation.
 Supporting logistical work, including access preparation and heritage surveys,
 will also be undertaken to facilitate forward geochemical and drilling
 programmes. These activities are anticipated to commence in Q2 2026.

 Given the presence of only shallow cover across parts of the project, an auger
 geochemical soil survey is proposed across the known mineralised trend of
 approximately 5km strike. This programme is anticipated to commence in Q3 2026
 and is designed to define and prioritise targets for follow-up drilling, with
 flexibility to expand based on incoming results and ongoing interpretation.

 Maiden drilling programme consisting of Reverse Circulation (RC) and/ or Air
 Core (AC) drill holes to test beneath known areas of surface gold
 mineralisation occurrences in addition to targets generated from proposed
 geochemical and geophysical surveys. Drilling activities will commence after
 the completion of heritage and government permitting.

 Gorge Project Overview

 The Gorge Project (Exploration Licence E08/3737), located approximately 110km
 west of Paraburdoo in Western Australia, covers an area of 81 square
 kilometres within the Proterozoic aged Capricorn Orogen. GEO recently acquired
 the licence, through its 100% owned subsidiary Gorge Gold Pty Ltd. The Gorge
 project is considered highly prospective for large scale gold systems of
 Orogenic-type or Carlin-type.

 Limited historical exploration at Gorge has identified widespread gold
 mineralisation across the licence area. Gold occurrences have been recorded
 over approximately 5km of strike, supported by drainage, soil and rock chip
 sampling, historic workings, and alluvial and eluvial gold mining.

 Historical results include:

 ·      Rock chip samples returning gold values up to 134g/t Au

 ·      Soil samples returning gold values up to 233g/t Au

 ·      Drainage sampling returning elevated gold values

 ·      Recovery of multiple gold nuggets from near surface, ranging from
 <2g to in excess of 100g

 These results along with the proximity of the nugget recoveries suggests the
 potential presence of a primary bedrock gold source within the licence area.

 Juno Exploration Activities Programme

 The Company believes exploration is a systematic, multi-programme learning
 process and further drilling is warranted to test for the presence of higher
 grade mineralisation within the large multi kilometre scale of the Juno
 geophysical target.

 The Company aims to develop a 3D geological model using recent drilling
 information to further refine targets for testing. Further geochemical studies
 using the collected multi-element assay and continuous XRF analysis data will
 be completed to determine if alteration zonation and pathfinder elemental
 signatures are evident that can be used to vector towards higher grade
 mineralisation.

 At present, the phase two drilling campaign at Juno will consist of one
 diamond drill hole to test additional targets generated from geophysical
 surveys previously completed by GEO. The diamond hole aims to test a high
 priority gravity anomaly, with an offset induced polarisation chargeability
 response positioned at an interpreted geological contact in the basement,
 located approximately 5km south of JUD001.  All government and heritage
 permitting requirements are already in place enabling efficient mobilisation
 and providing flexibility to expand the programme as required. The Company is
 progressing towards a targeted drilling commencement in Q3 2026.

 Juno Project Overview

 The Juno Project comprises four contiguous licences, located approximately
 100km south of Paraburdoo in Western Australia and covers an area of 644
 square kilometres within the Proterozoic aged, Capricorn Orogen.

 The Company carried out its maiden drilling programme at the Juno Project
 during September and October 2025. Two diamond drill holes were successfully
 completed for c.1600m of drilling aimed to test for an Havieron style
 Proterozoic aged IRGS style deposit associated with the Juno geophysical
 anomaly.

 Gold and copper sulphide mineralisation, together with silver and zinc, was
 intersected in both drillholes.  Mineralisation intersected in JUD001 and
 JUD002 may represent a peripheral position within a larger mineral system. The
 licences contain several geophysical targets with similar features to other
 known IRGS style deposits elsewhere in Western Australia.  In addition,
 evaluation of these recent and historic drilling results indicates the
 potential for Abra style sedimentary hosted lead-silver-copper-gold deposits
 at the Juno project.

 Omar Ahmad, Chief Executive Officer, commented:

 "We are advancing a systematic exploration programme across both Gorge and
 Juno, with a clear focus on moving targets through to drilling.

 At Gorge, the scale and continuity of historical gold mineralisation provides
 astrong foundation for systematic target generation.

 At Juno, we are building on early results as we continue to refine our
 understanding of what we believe is a broader mineralised system.

 Our focus remains on disciplined execution as we look to unlock the potential
 across both projects."

 The information contained within this announcement is deemed by the Company to
 constitute inside information under the UK Market Abuse Regulations ("MAR").
 Upon the publication of this announcement via a Regulatory Information Service
 ("RIS"), this inside information is now considered to be in the public domain.

 For further information please visit: www.geoexplorationlimited.com
 (http://www.geoexplorationlimited.com) or contact:

 GEO Exploration Limited                                                     investors@geoexpltd.com

 Hamza Choudhry, CFO and Executive Director

 SPARK Advisory Partners Limited (Nominated Adviser)                         +44 (0) 20 3368 3555

 Andrew Emmott, Dillon Wall

 CMC Markets (Joint Broker)                                                  +44 (0) 20 3003 8632

 Douglas Crippen

 SI Capital Limited (Joint Broker)                                           +44 (0) 14 8341 3500

 Nick Emerson

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 The person responsible for the release of this announcement is Hamza Choudhry,
 Chief Financial Officer and Executive Director.

 

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