JUNO MINERALS LIMITED - MOUNT MASON APPROVALS UPDATE

Juno Minerals Limited (Juno or the Company) provides the following update on the approvals for the Mount Mason DSO Hematite Project (the Project).

The Works Approval Application for the Project has now been approved by the Department of Water and Environmental Regulation (DWER). The Native Vegetation Clearing Permit (NVCP) application for the Yunndaga rail siding was granted by the Department of Mines, Industry Regulation and Safety (DMIRS) in December last year.

The Mount Mason NVCP was expected to be granted in mid-February, however remains under assessment by DMIRS and the Department of Biodiversity Conservation and Advantage (DBCA) due to resource shortages within the Departments. Juno does not expect any issues in obtaining the NVCP and now expects it to be granted by the beginning of April. Once received, the Project will be fully approved.

Contact:

Greg Durack

Tel: + 61(0)8 9346 5599

Email: [e-mail]

FORWARD LOOKING STATEMENTS AND IMPORTANT NOTICE

This announcement may contain some references to forecasts, estimates, assumptions and other forward-looking statements. Although the Company believes that its expectations, estimates and forecast outcomes are based on reasonable assumptions, it can give no assurance that they will be achieved. They may be affected by a variety of variables and changes in underlying assumptions that are subject to risk factors associated with the nature of the business, which could cause actual results to differ materially from those expressed herein. All references to dollars ($) and cents in this announcement are to Australian currency, unless otherwise stated.

(C) 2022 Electronic News Publishing, source ENP Newswire