Juno Minerals (ASX:JNO) announced financial results for the quarter ended 30 September 2022.

Both the Mount Mason DSO Hematite Project and Yunndaga Rail Siding are fully approved to allow development to proceed.

All the major contracts were re-priced with the preferred contractors at an increased DSO production level of 1.35mtpa.

Non-Binding Indicative Track Pricing received from Arc Infrastructure Pty Ltd for train pathing into the Esperance Port.

Non-Binding Budget Pricing received for DSO rail haulage from Aurizon Holdings Ltd.

Argonaut PCF Limited appointed as financial advisor in the development of Mount Mason.

A financial investment decision on Mount Mason is subject to confirming a logistics solution, which is being progressed.

Following the announcement the company?s share price rose 4.761%.