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Geo Exploration Ltd - Australia-based oil and gas exploration company focused on Africa and the Mediterranean - Says drilling at its Juno project in Western Australia is ‘progressing well’, with drill hole JUD001 completed on Monday at a final depth of 810 metres. All targeted rock sequences in the hole were intersected. The drill rig has now been moved to the second prepared pad and drilling at JUD002 is underway. Drill core from JUD001 will be dispatched to a laboratory ‘in the coming days’, with assay results expected during the final quarter of 2025. ‘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...Each stage of this programme is designed to carefully build our knowledge of Juno’s potential and create long-term value for shareholders,’ says Geo Chief Executive Officer Omar Ahmad. Current stock price: 0.32 pence, down 21% in London on Friday morning 12-month change: more than tripled from 0.090p Copyright 2025 Alliance News Ltd. All Rights Reserved.
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