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Juno Minerals Ltd. ( (AU:JNO) ) just unveiled an announcement.
Juno Minerals has completed a first-pass reverse circulation drilling program at its Mount Ida gold prospect, targeting the southern QV1 quartz vein where gold-in-soil anomalies were previously identified. The 40-hole, 1,450-metre shallow program intersected the target horizon in most holes, with drilling confirming down-dip continuity of an outcropping mineralised lode sampled in late 2025.
Significant gold intercepts above a 0.80 g/t cut-off were reported, including 3 metres at 3.14 g/t Au from 30 metres, with a 1 metre interval at 7.94 g/t Au, and several additional 1–2 metre intervals grading between about 1.3 g/t and 3.5 g/t Au. Higher-grade results are concentrated within roughly 150 metres of strike in the north-eastern part of QV1, and Juno plans to review the geology and assay data for potential follow-up infill drilling, which could refine the scale and continuity of mineralisation and inform future exploration strategy at Mount Ida.
The most recent analyst rating on (AU:JNO) stock is a Hold with a A$0.03 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 exploration company focused on mineral projects, including gold targets such as the Mount Ida prospect in Western Australia. The company advances early-stage discoveries through systematic drilling and geological analysis to assess the potential for economic gold deposits in regional mineralised structures.
Average Trading Volume: 138,441
Technical Sentiment Signal: Sell
Current Market Cap: A$6.7M
Learn more about JNO stock on TipRanks’ Stock Analysis page.