Juno Identifies New Gold-in-Soil Anomalies and Sets February Start for Drilling at Mount Ida

Juno Minerals Ltd. ( (AU:JNO) ) has provided an update.

Juno Minerals has reported results from Phase 2 wide-spaced soil sampling at its Mount Ida project in Western Australia, covering previously unsampled northern areas on a 500m x 100m grid. The program has identified new gold-in-soil anomalies and prospective structures, with multi-element pathfinder assemblages (including anomalous gold, copper, tellurium and tungsten) that are consistent with the previously defined southern QV1 gold-bearing outcrop. The company plans further ground truthing and tighter-spaced infill soil sampling over these anomalous zones following an initial drilling campaign. A 1,650m first-pass drill program over the QV1 structure at the southern prospect is scheduled to begin by the end of February, pending completion of a heritage clearance survey and site preparation. The drill program, to be managed by BMGS from Kalgoorlie, will test approximately 160m of confirmed auriferous quartz vein, an additional 50m of outcrop and an interpreted 180m of sub-outcropping vein, with 15 lines of shallow holes planned and drilling expected to take about 12 days, marking a key step in advancing Mount Ida’s exploration potential.

The most recent analyst rating on (AU:JNO) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Juno Minerals Ltd. stock, see the AU:JNO Stock Forecast page.

More about Juno Minerals Ltd.

Juno Minerals Limited (ASX: JNO) is an Australian mineral exploration company focused on gold exploration, including the Mount Ida project in Western Australia, where it is targeting structurally controlled, quartz vein–hosted gold mineralisation.

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Technical Sentiment Signal: Buy

Current Market Cap: A$8.16M

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