REG - Geo Exploration Ltd - Juno Project – Drilling Update

GEO ExplorationAnnouncement

19/09/2025 07:00

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RNS Number : 9389Z  Geo Exploration Limited  19 September 2025

 19 September 2025

 GEO Exploration Limited

 ("GEO " or the "Company")
 Juno Project - Drilling Update

 Key Highlights:

 - Drilling progressing well with drill hole JUD001 complete

 - Drill equipment moved to second location and drill hole JUD002 now underway

 GEO Exploration Limited (LSE AIM: GEO) is pleased to announce the following
 update on drilling at its Juno Project in Western Australia. Drill hole JUD001
 was completed on 15 September 2025, at a final depth of 810 metres with all
 targeted rock sequences successfully intersected. Drilling has advanced as
 planned, and the Company is encouraged by the progress achieved to date.

 Following completion of drill hole JUD001, the drill rig was moved to the
 second prepared pad and JUD002 is now underway. Drill core from JUD001 will be
 dispatched to a laboratory in the coming days for detailed analytical work.
 Assay results are expected to be received by the Company during the final
 quarter of 2025.

 The Juno Project is a greenfield license in an area that has seen very little
 modern exploration historically. GEO is among the first movers in this
 underexplored region, with the opportunity aiming to unlock what could become
 a district-scale discovery. Completion of JUD001 marks an important first step
 in building an understanding of the system at Juno, which spans an interpreted
 footprint of 4 km by 2 km. The Company remains committed to systematic,
 methodical exploration to fully evaluate the scale of this exciting
 opportunity.

 Callum Baxter, GEO's Joint Venture Partner, commented:

 "I am pleased JUD001 is complete and has progressed as planned. The hole
 successfully intersected all rock sequences we anticipated and the field team
 are performing very well. The second hole is now underway and we look forward
 to analytical results during the December quarter."

 Omar Ahmad, CEO of GEO Exploration Limited, commented:

 "Firstly, I would like to extend a heartfelt thank you to Callum Baxter and
 his team for their vision and technical abilities. Very few geologists in the
 world have been credited with significant discoveries and we are privileged to
 have Callum and his team as our long-term partners as we embark on an exciting
 period ahead for GEO.

 Completion of our first drill hole at Juno is a key milestone towards
 unlocking what could be the starting piece of the puzzle for a potential
 district-scale deposit for GEO. This is our maiden drill programme in a 4 km
 by 2 km area, and both myself and the team look forward to receiving assays in
 the December quarter. Each stage of this programme is designed to carefully
 build our knowledge of Juno's potential and create long-term value for
 shareholders."

Figure 1 - Drilling equipment on site at drill hole JUD002

Figure 2 - Juno Project JUD002 drill rig location

Figure 3 - Drill hole JUD002 underway

 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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