Geo Exploration Limited (AIM: GEO), an AIM-listed gold exploration company focused on Western Australia, has announced the completion of a native title heritage survey and field reconnaissance at its Juno Gold Project, alongside the engagement of specialist geologist Dr Finbarr Murphy to guide the next phase of drill targeting. The company also confirmed that two drill pads have been established at the high-priority JUD003 target area, which has received co-funding under the Western Australian Government's Exploration Drilling Programme Round 34 grant. The update signals that GEO is advancing towards a formal drilling programme, with investors likely to focus on the upcoming geological targeting study and drill results.

Key Points

  • Geo Exploration Limited (AIM: GEO) is a gold exploration company operating in Western Australia
  • The company has completed a native title heritage survey, field reconnaissance, and ground truthing of priority magnetic targets at the Juno Gold Project
  • Two drill pads have been established at the JUD003 target area, which has secured Western Australian Government co-funding under Round 34 of the Exploration Drilling Programme
  • Investors should watch for the results of Dr Finbarr Murphy's litho-structural geological interpretation and targeting study, which will shape the next drilling phase

Native Title Heritage Survey and Jidi Jidi Aboriginal Corporation Collaboration at Juno

In late September 2026, GEO completed its annual native title meeting with the Jidi Jidi Aboriginal Corporation, the native title claimant party covering the southern half of the Juno project. An early October heritage survey then successfully cleared a new access track and established two drill pads — Drill Pad 003A and Drill Pad 003B — at the JUD003 target area. Exploration Manager Tom Harris acknowledged the Jidi Jidi Aboriginal Corporation for facilitating the survey in a timely and proficient manner, noting enthusiasm for the project's prospectivity ahead of the forthcoming targeting study results.

Western Australian Government Co-Funding Secured for JUD003 High-Priority Drilling Target

The JUD003 target area has been awarded funding through the Western Australian Government's Co-funded Exploration Drilling Programme under Round 34, providing material financial support for GEO's planned drilling activities. Executive Director Omar Ahmad described the grant award as particularly encouraging and said it supports the company's ambitions for the Juno project. The government co-funding arrangement reduces exploration capital requirements at this target and reflects the geological significance attributed to the JUD003 area by both the company and external assessors. The company did not disclose the specific grant value in the announcement.

Dr Finbarr Murphy Engaged for Litho-Structural Interpretation Across Entire Juno Project

GEO has engaged Dr Finbarr Murphy to conduct a comprehensive litho-structural geological interpretation and targeting exercise across the entire Juno project. This work incorporates recently purchased multi-client airborne geophysical surveys alongside magnetic and gravity data previously collected by the company. The interpretation is expected to drive the next phase of drill targeting, ensuring future drilling is underpinned by detailed geological analysis. Ahmad noted that this disciplined approach is intended to maximise the value of GEO's exploration activities and provide a strong foundation for the next stage of drilling operations.

Field Reconnaissance Improves Logistics Framework for Future Juno Exploration Activities

Alongside the heritage survey work, GEO completed field reconnaissance and ground truthing of priority magnetic targets across the broader Juno project area. Access tracks and water bore locations were identified during this exercise, work the company states will facilitate logistics for future exploration activities. This preparatory groundwork is consistent with GEO's stated priority of ensuring that subsequent drilling campaigns are practically as well as geologically well-supported. The company confirmed it will provide further updates as the exploration programme progresses, leaving the specific timeline for drilling commencement undisclosed at this stage.