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(Sharecast News) - Geo Exploration said on Thursday that it had completed its initial field reconnaissance programme at the Gorge project in Western Australia, as part of its 2026 exploration campaign ahead of planned maiden drilling.
The AIM-traded company said the work followed recently completed airborne LiDAR, aerial photography, magnetic and radiometric surveys, which were finished ahead of schedule.
Field activities were led by exploration manager Tom Harris and included validation of historical geochemical results, confirmation of historic workings and drill locations, geological mapping and orientation soil geochemical survey work over known areas of surface gold mineralisation.
Geo said the work was intended to refine analytical methods and survey design for a broader geochemical programme across about five kilometres of historical workings previously identified at Gorge.
The company described the field trip as "highly productive", adding that the data would now be reviewed and interpreted by its technical team.
It said further updates would be provided once the reconnaissance findings and technical interpretation were finalised.
Technical consultant Callum Baxter said the programme had collected "very important information" that would allow efficient execution of future field activities, including a broad geochemical survey over known areas of gold mineralisation.
Harris said he was "thrilled with the potential seen on the ground at Gorge", adding that he was looking forward to results and analysis from the geochemical samples collected, as well as data from the recently completed airborne geophysical surveys.
Chief executive Omar Ahmad said the completion of field reconnaissance marked "another key step" in advancing the 2026 exploration programme.
"The trip was very positive, with the team completing all planned objectives and gathering valuable geological information that strengthens our understanding of the Gorge Project, and the initial signs are exactly what we were expecting to see," Ahmad said.
Gorge, held through Geo's wholly owned subsidiary Gorge Gold, covers 81 square kilometres about 110 kilometres west of Paraburdoo in Western Australia's Capricorn Orogen.
The company said the project was considered highly prospective for large-scale orogenic or Carlin-type gold systems.
Limited historical exploration has identified widespread gold mineralisation across the licence area, with gold occurrences recorded over about five kilometres of strike and supported by drainage, soil and rock chip sampling, historic workings and alluvial and eluvial gold mining.
Historical results included rock chip samples grading up to 134 grams per tonne of gold, soil samples grading up to 233 grams per tonne, elevated gold in drainage sampling and multiple near-surface gold nuggets ranging from under two grams to more than 100 grams.
Geo said those results, together with the proximity of nugget recoveries, suggested the potential presence of a primary bedrock gold source within the licence area.
At 0959 BST, shares in Geo Exploration were up 6.09% at 0.12p.
Reporting by Josh White for Sharecast.com.
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