For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260604:nRSD9079Ga&default-theme=true
RNS Number : 9079G Geo Exploration Limited 04 June 2026
04 June 2026
GEO Exploration Limited
("GEO " or the "Company")
Gorge Project - Field Reconnaissance Completed
GEO Exploration Limited (AIM: GEO) is pleased to confirm that the initial
field reconnaissance programme at the Gorge Project in Western Australia has
now been completed.
This work forms part of the Company's 2026 exploration programme and follows
the recent airborne LiDAR, aerial photography, magnetic and radiometric
surveys which were completed ahead of schedule.
The field activities were led by GEO's Exploration Manager, Tom Harris, and
included validation of historical geochemical results, confirmation of
historic workings and drill locations, geological mapping and completion of
orientation soil geochemical survey work over known areas of surface gold
mineralisation. This work is intended to refine analytical methods and survey
design for the proposed broader geochemical programme over the approximately
5km strike of historical workings previously identified at Gorge.
The Company considers the field trip to have been highly productive. The field
data will now be reviewed and interpreted by the Company's technical team. GEO
will aim to provide further updates to shareholders on the outcomes of the
reconnaissance work and interpretation in due course.
Callum Baxter, Technical Consultant to GEO Exploration Limited, commented:
"It is pleasing to have completed the initial field reconnaissance at Gorge.
Very important information has been collected which will allow efficient
execution of future field activities including a broad geochemical survey of
the areas of known gold mineralisation. I look forward to further progress in
the coming weeks."
Tom Harris, Exploration Manager of GEO Exploration Limited, commented:
"I am thrilled with the potential seen on the ground at Gorge. I thank the
field team for completing the activities in a productive and safe manner. I am
excited to see the incoming results and analysis from geochemical samples
collected in addition to those from the recently completed airborne
geophysical surveys."
Omar Ahmad, Chief Executive Officer of GEO Exploration Limited, commented
"We are pleased to confirm completion of the initial field reconnaissance at
Gorge, marking another key step in advancing our 2026 exploration programme.
The trip was very positive, with the team completing all planned objectives
and gathering valuable geological information that strengthens our
understanding of the Gorge Project, and the initial signs are exactly what we
were expecting to see.
Momentum continues to build as we move through a disciplined, systematic
exploration process ahead of our maiden drilling campaign, and shareholders
can expect further updates shortly as the reconnaissance findings and
technical interpretation are finalised."
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
Follow us on social media
The person responsible for the release of this announcement is Hamza Choudhry,
Chief Financial Officer and Executive Director.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END UPDQXLFBQQLLBBQ
Copyright 2019 Regulatory News Service, all rights reserved