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Juno Minerals Limited (ASX:JNO)

ALERT: Price-sensitive ASX Announcement for JNO
Current share price for JNO : $0.026 0 (0%)+
Announcement
Release
28 Apr 2026 10:20AM
Price at Release
$0.026
Full Release
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Summary
Juno Minerals Limited provided an update for the quarter ending 31 March 2026, highlighting the completion of a reverse circulation drilling program in the Mt Ida Gold Prospect. The drilling resulted in significant gold intercepts, potentially leading to further infill drilling. The company reported a net cash outflow of $715,000 from operating activities and ended the quarter with $4.37 million in cash. Expenditure on exploration and evaluation was $486,000. The company continues to focus on its projects at Mount Mason and Mount Ida with various tenements in Western Australia all holding 100% beneficial interest.
Key Points
  • Reverse circulation drilling program completed with 40 holes for a total of 1,450m.
  • Significant gold intercepts found in the drilling program.
  • Net cash used in operating activities was $715,000 for the current quarter.
  • Cash and cash equivalents at the end of the quarter were $4,370,000.
  • Exploration and evaluation expenditure totaled $486,000.
  • The company plans to review the results for potential follow-up drilling.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.