Field Programme Underway at Gorge and Juno

GEO is conducting fieldwork at Gorge and Juno to prepare for future exploration.

What the company is saying

GEO Exploration Limited reports that its Western Australian exploration team, under Exploration Manager Tom Harris, is actively engaged in a field programme at the Gorge and Juno Gold Projects. The company details a range of activities at Gorge, including Native Title and heritage work with Traditional Owners and YMAC, geological mapping, ground truthing, rock-chip sampling, and drone reconnaissance. At Juno, the team is focusing on reconnaissance and ground truthing of magnetic targets, heritage engagement, and logistics assessment. The announcement frames these efforts as foundational steps for advancing both projects and planning the next phase of exploration. The company emphasizes ongoing engagement with Traditional Owners, regulatory compliance, and logistical preparation. Hamza Choudhry, Chief Financial Officer and Executive Director, is responsible for the release, and the company highlights its adherence to UK Market Abuse Regulations. No claims are made regarding resource estimates, assay results, or financial outcomes at this stage.

What the data suggests

The facts confirm that GEO's exploration team is currently in the field at both Gorge and Juno, conducting technical and heritage-related groundwork. Activities underway include geological mapping, rock-chip sampling, drone reconnaissance, and logistical assessments, as well as Native Title and heritage fieldwork in collaboration with Traditional Owners and YMAC. No assay results, resource figures, or financial data are disclosed, which is consistent with the early-stage nature of the programme. The announcement provides specific details about the types of fieldwork and named personnel involved but does not offer quantitative measures of progress or technical results. The operational update is transparent about current activities but does not yet provide evidence of mineralisation, resource potential, or economic value. All claims about advancement are limited to the intent to support future planning and prioritisation.

Analysis

The announcement is a factual operational update describing ongoing fieldwork at the Gorge and Juno Gold Projects. All realised claims are supported by the disclosure that the exploration team is currently in the field conducting mapping, sampling, and heritage engagement. The only forward-looking statements are generic intentions to advance the projects and provide future updates, which are proportionate and not promotional. There are no exaggerated claims about future value, resource size, or financial impact, and no language inflating the significance of the current activities. No large capital outlay is disclosed, and the focus is on preparatory and reconnaissance work. The absence of assay results or financial data is normal for an early-stage exploration update and does not constitute a deficiency or overstatement.

Risk flags

• ●The absence of disclosed technical results such as assays or drill intercepts means there is no evidence yet of mineralisation or resource potential, leaving project value unproven at this stage.
• ●Progress is contingent on successful engagement with Traditional Owners and completion of Native Title and heritage processes, which can introduce delays or access risks if not resolved satisfactorily.
• ●The company is still in the preparatory phase, focusing on mapping, sampling, and logistics, so there is execution risk in advancing to drilling and more capital-intensive exploration without unforeseen obstacles.

Bottom line

This update confirms GEO is actively progressing groundwork at its Gorge and Juno Gold Projects, with a clear focus on both technical reconnaissance and heritage engagement. No technical or economic results are available yet, so the announcement signals early-stage activity rather than a value inflection point. The narrative is credible and factual, with no promotional overreach, but the lack of assay or resource data means the investment case remains untested. Investors should expect future updates to provide more substantive results or milestones, which will be necessary to assess project potential. For now, the most important takeaway is that GEO is laying the groundwork for possible future drilling but has not yet demonstrated discovery or resource scale.

Announcement summary

(AIM:GEO) GEO Exploration Limited announced that its Western Australian exploration team, led by Exploration Manager Tom Harris, is currently conducting a field programme at the Gorge and Juno Gold Projects. At the Gorge Gold Project, the programme includes Native Title and heritage fieldwork with relevant Traditional Owners and YMAC, geological mapping and ground truthing across priority target areas, rock-chip sampling and drone-supported reconnaissance, and assessment of site access and logistics for future exploration and drilling activities. At the Juno Gold Project, the programme involves field reconnaissance and ground truthing of priority magnetic targets, Native Title and heritage fieldwork with relevant Traditional Owners, and assessment of access and logistics for future exploration activities. The current programme is designed to further advance both projects and support the planning and prioritisation of GEO's next phase of exploration activities. The company states that further updates will be provided as exploration programmes progress. The announcement identifies Hamza Choudhry as Chief Financial Officer and Executive Director, who is responsible for the release. The company notes that the information in the announcement is considered inside information under the UK Market Abuse Regulations (MAR) and is now in the public domain following publication via a Regulatory Information Service (RIS). SPARK Advisory Partners Limited is named as Nominated Adviser, with Andrew Emmott and Dillon Wall as contacts. CMC Markets and SI Capital Limited are listed as joint brokers, with Douglas Crippen and Nick Emerson as contacts, respectively. The company provides a website for further information: www.geoexplorationlimited.com. The announcement was dated 6 October 2026. The field programme is currently underway and covers both the Gorge and Juno Gold Projects. The activities include both technical exploration and engagement with Traditional Owners. The company is focusing on site access and logistics as part of its preparations for future exploration and drilling. The announcement does not disclose any assay results, resource figures, or financial data related to the projects. The company emphasizes its commitment to regulatory compliance and transparency in its communications.

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