REG - Geo Exploration Ltd - Juno Project – Drilling Contractor Appointed

GEO ExplorationAnnouncement

18/08/2025 07:00

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RNS Number : 5945V  Geo Exploration Limited  18 August 2025

 18 August 2025
 GEO Exploration Limited

 ("GEO " or the "Company")
 Juno Project - Drilling Contractor Appointed for Maiden Campaign

 Key Highlights:

 - DDH1 appointed as drilling contractor for maiden campaign at the Juno
 Project

 - Reuniting DDH1 with Geo's JV partner Callum Baxter, who worked with DDH1 on
 Greatland Gold's maiden drill holes at Havieron in 2018

 - DDH1 on schedule to mobilise and commence drilling this quarter

 GEO Exploration Limited (LSE AIM: GEO) is pleased to announce it has entered
 into  a contract with DDH1 Drilling Pty Ltd ("DDH1") to undertake the
 Company's maiden diamond core drilling programme at the Juno Project in
 Western Australia.

 DDH1, part of the Perenti Group (ASX: PRN), is Australia's leading and largest
 provider of diamond core drilling services, with a modern fleet, highly
 experienced crews, and an industry-leading safety record. The company has
 extensive experience in Western Australia, including Greatland Gold's
 (LSE:GGP) maiden drill holes at the Havieron deposit in 2018.

 This appointment also reunites DDH1 with GEO's JV partner Callum Baxter, who
 was directly involved in Greatland Gold's work at Havieron in 2018, combining
 proven expertise in exploration success. Support personnel assisting with
 drilling activities were also part of the early Greatland team working at
 Havieron.

 With the drilling contract now signed, final site preparations are underway
 ahead of DDH1's mobilisation and the start of drilling which is on track for
 this current quarter.

 Callum Baxter, GEO's JV Partner commented:

 "It is pleasing to be working again with DDH1 at the large Juno target. Our
 combined experience and expertise will allow safe and efficient execution of
 the drill program at the project to test the target. I am very excited that
 drilling is scheduled to commence during the current quarter and look forward
 to following the activities at site."

 Omar Ahmad, CEO of Geo Exploration Limited, commented:

 "We are delighted to be partnering with Australia's leading provider of
 diamond drilling services for our maiden campaign at the Juno Project. DDH1's
 outstanding safety record, operational excellence and proven track record make
 them the ideal partner for this important next step.

 Reuniting them with our JV partner Callum Baxter, who worked alongside DDH1
 during Havieron's discovery phase, adds another layer of confidence and
 capability to the programme. We remain on track and on schedule, and this
 campaign marks the start of an exciting journey ahead with Juno Project."

 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, Jade Bayat

 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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 This announcement has been issued by and is the sole responsibility of the
 Company.

 

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