SCHEDULE 13G

CUSIP No.

38358M109

1

Names of Reporting Persons

Exploration Capital, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 110,500.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 110,500.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

110,500.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

11

Percent of class represented by amount in row (9)

9.996 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No.

38358M109

1

Names of Reporting Persons

Stephen L. Gustin

2

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 110,500.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 110,500.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

110,500.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

11

Percent of class represented by amount in row (9)

9.996 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.

(a)

Name of issuer:

Gouverneur Bancorp, Inc.

(b)

Address of issuer's principal executive offices:

42 Church Street Gouverneur, NY 13642

Item 2.

(a)

Name of person filing:

Exploration Capital, LLC Stephen L. Gustin

(b)

Address or principal business office or, if none, residence:

650 South Main Street Salt Lake City, UT 84101

(c)

Citizenship:

Exploration Capital, LLC - Delaware Stephen L. Gustin - United States

(d)

Title of class of securities:

Common Stock, par value $0.01

(e)

CUSIP No.:

38358M109

Item 5.

Ownership of 5 Percent or Less of a Class.

Item 6.

Ownership of more than 5 Percent on Behalf of Another Person.

Not Applicable

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

Not Applicable

Item 8.

Identification and Classification of Members of the Group.

Not Applicable

Item 9.

Notice of Dissolution of Group.

Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Exploration Capital, LLC

Signature:	/s/ Stephen L. Gustin
Name/Title:	Stephen L. Gustin/Managing Partner
Date:	04/04/2025

Stephen L. Gustin

Signature:	/s/ Stephen L. Gustin
Name/Title:	Stephen L. Gustin
Date:	04/04/2025