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Global Petroleum ( (GB:GEO) ) has issued an update.
Geo Exploration Limited has completed its electrical geophysical programs at the Juno Project, which have significantly upgraded the project’s potential from an IRGS perspective. The completion of Induced Polarisation (IP) and Electromagnetics (EM) surveys has led to the identification of promising subsurface features, prompting the company to plan a maiden drilling program scheduled to commence this quarter. This development is expected to enhance the company’s position in the exploration industry and potentially deliver significant value to stakeholders.
More about Global Petroleum
Geo Exploration Limited is a company engaged in the exploration of large Intrusion Related Gold Systems (IRGS) in central Western Australia. The company focuses on the discovery and development of precious and base metal mineralization through its subsidiary, Juno Gold Pty Ltd.
Average Trading Volume: 51,987,392
Technical Sentiment Signal: Buy
Current Market Cap: £9.47M
For detailed information about GEO stock, go to TipRanks’ Stock Analysis page.