REG - Geo Exploration Ltd - Gorge Project–Exploration Activities Commencement

GEO ExplorationAnnouncement

07/05/2026 07:00

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RNS Number : 3132D  Geo Exploration Limited  07 May 2026

 07 May 2026

 GEO Exploration Limited

 ("GEO " or the "Company")

Gorge Project - Commencement of Exploration Activities

 Highlights

 ·      Systematic exploration campaign at Gorge Project scheduled to
 commence this month.

 ·      Geological reconnaissance will commence on or around mid-May
 2026.

 ·      Airborne geophysical surveys are expected to have commenced by
 the fourth week of May 2026.

 ·      Information gathered will allow for an integrated dataset to
 support a modern litho-structural interpretation and rank priority targets for
 follow-up geochemistry and maiden drilling campaign.

 ·      Desktop review of previous exploration including geochemistry and
 drilling is ongoing.

 GEO Exploration Limited (AIM: GEO) is pleased to announce the commencement of
 astructured, data-driven exploration programme at its 100% owned Gorge
 Project in Western Australia, representing a key milestone in advancing the
 Company's gold portfolio.

 The programme marks GEO's transition from historical data compilation into
 active field execution, integrating modern geophysical datasets with targeted
 geological validation to refine priority target areas and advancing the
 project towards a maiden drilling campaign.

 This work is designed to unlock the potential of what the Company believes to
 be a potentially underexplored gold system, with mineralisation already
 identified over approximately 5km of strike.

 Gorge Exploration Activities Programme May 2026

 The Gorge Project will be advanced through a structured and integrated
 exploration programme, incorporating multiple workstreams to support ongoing
 target generation and progression towards drilling.

 Field Validation & Geological Mapping

 Field-based geological activities will commence on or around mid-May 2026,
 including:

 ·      Validation of historical geochemical results to confirm and
 refine known anomalous areas

 ·      Confirmation of historic workings and previously recorded drill
 locations

 ·      Detailed geological and structural mapping to better understand
 controls on mineralisation

 Supporting logistical work will then follow during Q2 2026, including:

 ·      Access preparation to enable efficient field operations

 ·      Completion of required heritage surveys

 This work will support the progression of follow-up geochemical programmes and
 planned drilling activities.

 Airborne Geophysical Surveys

 Contracts to acquire airborne geophysical datasets have been executed and
 awarded to Aerometrex Ltd and MAGSPEC Airborne Surveys Pty Ltd, respectively.
 Survey activities are expected to have commenced by the fourth week of May
 2026, subject to operational factors including fuel availability, and will
 include:

 ·      Magnetic surveys to delineate subsurface structures and
 lithological boundaries

 ·      Radiometric surveys to assist in mapping alteration patterns and
 regolith

 ·      LiDAR acquisition to provide high-resolution topographic data and
 support structural interpretation

 ·      Aerial photography to enhance surface mapping and identification
 of historical workings

 These datasets will support:

 ·      Detailed mapping of historical workings and surface features

 ·      Development of a litho-structural interpretation across the
 licence area

 ·      Improved understanding of structural controls on mineralisation

 ·      Identification and refinement of priority target areas

 ·      Ongoing target generation and ranking activities

 The information derived from the proposed geochemical and geophysical surveys
 will allow the company to begin planning and target generating for its maiden
 drilling programme for Gorge Project. The maiden drill programme will consist
 of Reverse Circulation (RC) drill holes to test beneath known areas of surface
 gold mineralisation occurrences in addition to targets generated from the
 above surveys. Drilling activities will commence after the completion of
 heritage and government permitting.

 

 Figure 1 - Aerial Photo of Exploration Licence E08/3737 and Planned 2026
 Airborne Survey Extent

 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.

 Omar Ahmad, Chief Executive Officer, commented:

 "I would like to thank Callum Baxter for identifying the Gorge Project
 opportunity and ongoing support to GEO as we progress Gorge Project. This
 programme marks GEO's transition from historical datasets into active
 exploration across The Gorge Project licence.

 At Gorge, the scale and continuity of historical gold mineralisation provide a
 compelling foundation for systematic target generation of what could be a
 potential discovery of an underexplored gold system.

 By integrating modern geophysics with targeted field validation, we are
 focused on rapidly advancing high-priority targets towards drilling.

 We look forward to updating shareholders as the field programme progresses."

 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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