Juno Minerals Limited (ASX: JNO) ('Juno' or 'the Company') is pleased to announce that the two phases of drilling data have been geochemically modelled.

The Prospectively Index incorporates all the LCT elements (Li, Be, Nb, Ta, Tl, and Sn) along with the granitic lithic elements (Al, K, Rb, Ga) and greenstone lithic elements (Mg, Cr). The purpose of the Prospectively Index is to identify areas related to true pegmatites and filter out false anomalies due to scavenging in a near surface environment. The Fertility Index is [(Rb/K) x 10] informs position within the granite-pegmatite system, with the closer to unity (1) the better the fertility. The interpretation on the available data, has confirmed that the drilling has intersected LCT pegmatites, with Phase 1 dominantly intersecting beryl-columbite pegmatites, proximal to a granite, and Phase 2 intersecting albite pegmatites.

The geochemical evaluation of the Phase 1 and Phase 2 drilling have confirmed that the Mount Ida Lithium Prospect is a fertile LCT pegmatite system. The drilling has substantially added to the Prospect's data set and will inform the next exploration phase to target lithium rich pegmatites. The Prospect doesn't have walk up outcropping lithia rich pegmatite targets, as such under cover exploration techniques are required. Juno will continue with a pragmatic and systematic approach to cost effective exploration on its Prospect. The Mt Ida region is an emerging area of interest for lithium exploration with Juno having a significant tenure position within the region.

This announcement has been approved for release by Greg Durack on behalf of the Board.

Contact:

Greg Durack

Managing Director and CEO

Tel: + 61(0)8 9346 5599

Email: investorrelations@junominerals.com.au

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