Juno Minerals Limited (ASX: $JNO) completes Phase 2 exploration drill program

Juno Minerals Limited (ASX: $JNO) has successfully completed its Phase 2 Priority 1 drill program at the Mount Ida Lithium Prospect. The program involved testing significant north and south well-defined Li-Cs-Rb-Be soils geochemical anomalies. A total of 30 RC drill holes were completed, covering 3,286 meters, with 1,609 RC samples submitted for assay. However, the assay results reported low levels of lithium, tantalum, and tin, with no significant intersections of lithium encountered. The company is now planning to model the lithium pathfinder element data from the assay results to inform the next exploration phase on the Mount Ida Lithium Prospect.

Executive Commentary on Phase 2 Exploration Drill Program

The completed Phase 2 drilling program at the Mount Ida Lithium Prospect has provided valuable insights into the presence of lithium, tantalum, and tin. While the assay results indicated low levels of these elements and no significant intersections of lithium, the data obtained will be crucial in informing our next steps in the exploration process. We are committed to utilizing the remaining budget from the initial Phase 2 drill program to further evaluate the Prospectivity Index and determine the potential for deeper drilling and expanded drill positions. The expanded soil program is also expected to play a critical role in assessing the potential along the Mt Ida Fault, and we remain optimistic about the lithium prospectivity on Juno's Central Yilgarn tenure.

Summary of Phase 2 Exploration Drill Program

Juno Minerals Limited (ASX: $JNO) has completed the Phase 2 Priority 1 drill program at the Mount Ida Lithium Prospect, revealing low levels of lithium, tantalum, and tin with no significant intersections of lithium encountered. The company plans to model the lithium pathfinder element data from the assay results to inform the next exploration phase. Despite the current findings, the company remains optimistic about the lithium prospectivity on Juno's Central Yilgarn tenure and is committed to utilizing the remaining budget to further evaluate the Prospectivity Index and the potential for deeper drilling and expanded drill positions.