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Good discussion on TG group - guessing at the drill team being engaged. Given CBs previous involvement with DDH1 it will certainly be a hot contender and they have a history of taking shares in lieu of payment……

Here’s a layperson-friendly interpretation of the 24 July 2025 RNS from GEO Exploration about the Juno Gold Project:

⸻

🗞️ What Did They Just Announce?

GEO has finished electrical geophysical surveys — using special tech to scan underground — and the results are very encouraging. They’ve now officially picked the first drill sites, and drilling will begin this quarter (i.e., between now and September).

⸻

🤔 What Does That Really Mean?

Imagine trying to find buried treasure — but without digging random holes. GEO used two types of underground “scanning” techniques:

🔌 1. Induced Polarisation (IP)

• Sends electrical signals into the ground.

• Looks for minerals that hold an electrical charge — like sulphides, which often contain gold.

• It helps them see the shape and type of rocks deep underground, especially at the edges of large underground intrusions (which is where gold is often found).

🌐 2. Electromagnetics (EM)

• Looks for electrically conductive rocks, which can indicate metal-rich zones.

• Works best at deeper levels — and it showed two promising “plates” (targets) near where they saw strong results from the IP survey.

⸻

🧭 What Did They Find?

• The underground models revealed geological features that match what you’d expect in a gold-rich system called an Intrusion-Related Gold System (IRGS).

• They confirmed strong signals on the edges of a big underground body — a great sign in this type of geology.

• Based on all this, they’ve selected four drilling locations, with holes going 750–1000 metres deep.

⸻

🛠️ What’s Next?

• Drilling starts this quarter.

• The goal: to hit mineralised rock — ideally gold-bearing sulphides.

• If they get good results, it could dramatically increase interest and value for the company.

⸻

🔍 Why Is This a Big Deal?

• Their CEO says the target is “several times larger than Havieron” at a similar stage — a massive gold-copper discovery in WA that became a major success.

• The survey results support that Juno could host a large, valuable system.

• It’s taken 10 months of technical work to get here — and now they’re ready to see what’s really underground.

⸻

🟢 Simple Summary

GEO just completed advanced underground scanning at their Juno site in WA. The results look great — suggesting the kind of geology that often contains gold. They’ve now picked where to drill and are starting within weeks. If those drill holes hit gold, this could be a major turning point for the company.

10 points to the first person with satellite imagery of ground disturbance- more fun than where’s Wally

Latitude: 23° 59′ 39.53″ S (or -23.99431 in decimal degrees)

• Longitude: 117° 42′ 36.00″ E (or 117.71000 in decimal degrees)

Hi Espen - whilst the movement was surprising it just tells me that traders are currently in charge of movement and not investors. There is no correlation to the news and the SP movement. I topped up again sub 0.18 and saw that as a gift. I believe in Callum and his expertise. I think we will start to see evidence of the rigs on satellite imagery - always fun try and spot and then we wait for the results. We are certainly drilling at depth and very close to existing drill holes - the previous drills just didn't go far enough down. Callum will have chosen the spacing of the 4 drills for a reason of course. When you look at the footprint of our licenses and the various target areas, you will start to understand that we are only just beginning what I am sure will become a huge exploration campaign. How much we do on our own and with our own funding will depend on results and whether one of the big boys want an early piece of the action with a JV. Everyone will be aware of the GGP journey and relations with their previous JV partner. Exciting times!! And as someone mentioned that is all without Namibia and it's potential.

He might have contacts but not used them to the best of my knowledge

That's my take as well Sharecrazie. It would be fascinating to understand all the data points being used to target.

Simon has to go - he has done nothing.

And I’m expecting that to be the case for Juno as well. Remember Haverion was previously drilled before GGP hit - the problem in the past is that drilling only went down circa 150m - Hav has circa 420 of cover above. Modern technology and analysis enables the likes of Callum to identify the potential at depth and POG makes deep finds economically viable to extract now.

100% Espen.

Https://geoview.dmp.wa.gov.au/GeoView/?Viewer=GeoVIEW

Anyone with an interest - search Juno Gold here and have fun playing

Sorry make that TechGenMetals

https://techgenmetals.com.au

https://techgenmetals.com.au/projects/mt-boggola-project/

Quote:

Project highlights include:

High grade rock chips from area with peaks of 43.1g/t Au, 119g/t Ag and 68% Cu

For those reading the latest tweet and not in the TG group, you might be wondering about the corridor comment. Check out our near neighbour TechGenMinerals and the Mt Boggola project!!

It’s an interesting debate - current valuation that is. Personally I put the chances of an economic gold mine high at this stage, given the studies conducted so far, with modern techniques and modelling and of course the fact we have Callum putting the jig saw pieces together. Semantics at this stage until we get drill results but to my mind we are probably talking more 20 to 40% but that’s a guess. It’s a big target - we might not hit on the first drill but results should hopefully identify pathfinder elements that could direct the next drill. All conjecture but we will soon see!

For clarification- it is the magnetic anomaly where Juno is significantly larger than Haverion. Whether that translates ultimately into gold and a larger deposit will be revealed in time. GGP continues to drill and of course GEO haven’t even started. Comparison with Haverion is important from a geological exploration standpoint point and of course we have the common factor of Callum Baxter. The projects are at different stages and Haverion has added to the understanding of deep cover deposits. Some people get very binary in their views between the projects - a savvy investor will understand the correlation and will probably want a position in both.

ATB

Just making sure I didn’t break the site with my last post :-)

Forward selling would have been a real gamble given the shares need shareholder authority to be introduced. The margins in my view would not have been worth the risk. For that reason I have discounted that possibility. I think the warrants and the price are sufficient enticement personally- and faith of course in the potential.

ATB

I understand the previous comments and disquiet. When you are negotiating you want to create a strong impression. No questions around cash. BL is talking to the big players. £800k raise - in this market - that is a massive vote of confidence. They isn’t a punt in my view.

ATB