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Global Petroleum ( (GB:GEO) ) has provided an update.
GEO Exploration Limited has launched a structured exploration campaign at its 100%-owned Gorge Project in Western Australia, moving from historical data review into active fieldwork to advance what it considers an underexplored gold system. The programme integrates geological mapping, validation of historical geochemical results, and logistical preparations, including access work and heritage surveys, to refine and prioritise targets ahead of a maiden drilling campaign.
Airborne magnetic, radiometric, LiDAR and photographic surveys, contracted to Aerometrex and MAGSPEC, are expected to start by late May 2026, providing an integrated dataset for modern litho-structural interpretation and ranking of drill targets. The initiative builds on historical evidence of widespread gold mineralisation over about 5km of strike, including high-grade rock and soil samples and nugget discoveries, and is intended to accelerate GEO’s progress toward defining primary bedrock gold sources at the Gorge Project.
More about Global Petroleum
GEO Exploration Limited is a mineral exploration company focused on gold projects in Western Australia. The company, listed on AIM under the ticker GEO, recently acquired the Gorge Project licence through its wholly owned subsidiary Gorge Gold Pty Ltd, targeting large-scale orogenic and Carlin-type gold systems in the Proterozoic Capricorn Orogen.
Average Trading Volume: 38,218,793
Technical Sentiment Signal: Sell
Current Market Cap: £5.86M
See more insights into GEO stock on TipRanks’ Stock Analysis page.