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Juno Minerals (ASX: JNO) has identified promising early indications in its initial drill testing of a significant gold anomaly at the Mt Ida project in Western Australia.
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The company has now wrapped up a first pass drill program testing identified gold-in-soil anomalies on the southern prospect known as QV1. A number of the 40 holes hit gold intersections in the 1,450-metre RC drilling.
Significant intercepts were three metres at 3.14 grams per tonne from 30 metres, including one at 7.94 g/t, one at 3.08 g/t from seven, and one at 3.50 g/t from 30.
Juno’s management will now review the drill results and geology and consider potential follow-up infill drilling between lines in the north-east section of the QV1 structure, where zones of gold mineralisation were intersected.
Notably, drilling confirmed down-dip continuity of the target lode which was identified in a December 2025 channel sampling program, with most holes intersecting the lode. There were also indications from drilling that the quartz vein (QV) target dips moderately to the east to east-northeast (ENE).
In early February, Juno announced results from a wide-spaced multi-element soil testing program at Mt Ida. The soil sampling was undertaken across previously unsampled areas on an approximately 500m by 100m grid to the north of the identified Southern gold anomaly/prospect.
The soil assay results showed pathfinder element assemblages consistent with the southern QV1 gold- bearing outcrop previously identified, including anomalous gold, copper, tellurium and tungsten.
Further high-level ground truthing is planned over these anomalous zones in conjunction, Juno said today, with infill soil sampling on a tighter spacing following completion of the first pass drill program.
JNO is steady 3.1¢. Mkt cap $6.486M.
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