Juno Minerals Banks A$6m from Mount Mason Sale as Mount Ida Strategy Strengthens

The latest announcement is out from Juno Minerals Ltd. ( (AU:JNO) ).

Juno Minerals has completed the sale of its Mount Mason DSO Hematite Project to Gold Valley Yilgarn for A$6 million in cash plus a 2% FOB revenue royalty, strengthening its cash reserves while retaining upside exposure to future iron ore production from the tenements. The transaction, which includes an access deed for a haul road across Juno’s Mt Ida mining tenements and a lease of the Cassini Village camp, is expected to allow Gold Valley to bring Mount Mason into production from mid‑2026 and, in turn, improve infrastructure and access for Juno’s strategic Mount Ida Magnetite Project without impacting its development plans. Juno is channeling sale proceeds into maintaining and advancing Mount Ida and exploring new opportunities, while recent identification of a gold anomaly at Mount Ida, supported by encouraging rock chip and channel sampling assay results and a planned shallow drill program, highlights additional exploration upside around its core magnetite asset.

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 Ltd is an Australian iron ore and minerals company focused on developing its flagship Mount Ida Magnetite Project in the Yilgarn region of Western Australia. The company’s portfolio previously included the smaller Mount Mason DSO hematite project, and it is now concentrating on securing a substantial partner to advance Mount Ida, one of the largest magnetite resources in the region, through feasibility and potential long‑life mine development.

Average Trading Volume: 107,933

Technical Sentiment Signal: Buy

Current Market Cap: A$7.95M

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