REG - Geo Exploration Ltd - Juno Project – Electrical Geophysics Commencement

GEO ExplorationAnnouncement

02/06/2025 07:00

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RNS Number : 8885K  Geo Exploration Limited  02 June 2025

 2 June 2025

 GEO Exploration Limited
 (Formerly Global Petroleum Limited)
 ("GEO " or the "Company")
 Juno Project - Commencement of Electrical Geophysics

 Key Highlights

 - Electrical Geophysical programmes commence at Juno Project comprising
 Induced Polarisation (IP) and Electromagnetics (EM)

 - IP and EM to detect electrical responses from subsurface bodies at depth

 - Results to be integrated with existing subsurface models to generate
 locations for the Company's first drill holes for Juno Project

 GEO Exploration Limited (LSE AIM: GEO) is pleased to announce that its wholly
 owned subsidiary Juno Gold Pty Ltd (Juno Gold) has commenced ground based
 Electrical Geophysical programmes at the Juno Project. The Juno Project is
 located in central Western Australia where the company is conducting
 exploration for large Intrusion Related Gold Systems (IRGS) which host
 precious and base metal mineralisation.

 The Electrical Geophysical programmes comprise Induced Polarisation (IP) and
 Electromagnetics (EM) and will be carried out over the northern parts of the
 project area.

 Dipole Dipole IP will be carried out to detect subsurface electrically
 chargeable and electrically resistive bodies at depth. IRGS type
 mineralisation can demonstrate a chargeable or resistive response relative to
 host rock and IP can be used as a direct detection method enabling more robust
 drill targeting.

 The Company will also complete a programme of moving loop EM at the Juno
 project. EM will commence following completion of IP. The EM method allows
 detection of electrically conductive bodies at depth and provides for spatial
 modelling of the location of those bodies. Comparison of IP and EM models
 allows characterisation of the potential mineralisation type, for example
 disseminated sulphide mineralisation versus massive sulphide mineralisation.

 Several lines of Dipole Dipole IP and moving loop EM will be collected and the
 data will be modelled with modern geophysical software. Data collection and
 modelling is expected to be complete in the coming weeks. Modelled IP and EM
 data will be integrated with existing magnetic and gravity models as
 previously announced on 28 May 2025. Final models will provide locations for
 GEO's maiden drill holes at Juno Project.

 Callum Baxter, GEO's joint venture partner commented:

 "We are moving quickly at Juno and it is exciting to have commenced Electrical
 Geophysics. The IP and EM work will enhance our subsurface information based
 on existing magnetic and gravity models at the project. Results of this work
 will rapidly culminate in the generation of locations for our first drill
 holes at Juno for our maiden drill programme."

 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                                                          +44 (0) 14 8341 3500

 Nick Emerson

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 Company.

 

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