Juno Minerals reports high-grade gold hits at Mount Ida Project

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Juno Minerals reports high-grade gold hits at Mount Ida Project
Mahathir Bayena
Written by Mahathir Bayena
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Juno Minerals (ASX:JNO) has reported progress at its Mount Ida Gold Project following a second field program in mid-December conducted by BMGS from Kalgoorlie.

The program involved detailed rock chip channel sampling across seven quartz vein systems and wider spaced soil sampling over previously unsampled areas on an approximate 500m x 100m grid.

A total of 23 channel samples were collected, with assays returning notable gold values, including 6.60 g/t Au, 5.17 g/t Au, and 1.08 g/t Au over individual quartz vein intersections.

The sampling has confirmed auriferous mineralisation over approximately 160m of the QV1 vein and identified further sub-outcropping veins.

The host lithology comprises predominantly foliated basalts, with gold interpreted to be orogenic in style, largely confined to quartz veins and immediate vein–basalt contacts.

Based on these results, Juno plans a first-pass shallow RC drilling program to test down-dip extensions, along-strike continuity, and sub-outcropping vein segments.

Soil assay results are expected in late January, after which infill sampling may be undertaken to refine drill targets.

At the time of reporting, Juno Minerals' share price was $0.039.

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