REG - Geo Exploration Ltd - Gorge Project – Airborne Survey Completed

GEO ExplorationAnnouncement

02/06/2026 07:00

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RNS Number : 5471G  Geo Exploration Limited  02 June 2026

 02 June 2026

 GEO Exploration Limited

 ("GEO " or the "Company")

Gorge Project - Airborne Magnetic and Radiometric Survey Completed

 GEO Exploration Limited (AIM: GEO) is pleased to confirm that the fixed-wing
 magnetic and radiometric survey at the Gorge Project was completed during the
 course of last week by MAGSPEC Airborne Surveys Pty Ltd.

 The survey data will be used to support a litho-structural geological
 interpretation of the project area and will provide an important input into
 ongoing drill targeting and the design of proposed geochemical survey
 programmes.

 The Company's Exploration Manager, Tom Harris, is currently onsite undertaking
 field reconnaissance activities, including validation of historical workings,
 geological mapping and assessment of priority areas identified from historical
 exploration data.

 Omar Ahmad, Chief Executive Officer of GEO Exploration Limited, commented

 "We are pleased with the continued progress being made at Gorge, with the
 airborne magnetic and radiometric survey now completed ahead of schedule and
 field reconnaissance activities still underway on site.

 Momentum is clearly building across the project. The completion of this survey
 represents an important step in refining our geological understanding of Gorge
 and will assist in prioritising targets for follow-up geochemistry and
 drilling.

 With Tom Harris on-site leading field activities, we are moving quickly and
 methodically through the planned exploration work programme. We look forward
 to updating shareholders as the results of this work are received and
 interpreted."

 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.

 

 Figure 1 - Gorge West Prospect. Historic Examples of Gold Nuggets Collected
 from Near Surface

 

 Figure 2 - Gorge West Prospect. Historic Gold Nugget Collected from Near
 Surface

 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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