Company
ASX:MOH
Moho Resources Ltd (ASX:MOH) is an Australian mining company focused on gold and nickel exploration at the Empress Springs, Silver Swan North and Burracoppin projects. The company considers Empress Springs in Queensland, which comprises three adjacent exploration permits with a total area of around 773 square kilometres, to have the potential for base metal mineralisation. Silver Swan North Project is around 50 kilometres northeast of Kalgoorlie and covers about 55 square kilometres within the gold-rich Kalgoorlie Terrane while Burracoppin further to the west is also prospective for gold.
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“I look forward to working with Moho’s new executive team lead by Ralph with their renewed exploration focus on nickel and critical metals so important for a greener future,” chair Terry Streeter said.
The company believes the area is under-explored and prospective for nickel, and has engaged an experienced geologist to drive the endeavour.
Moho recently generated multiple nickel targets for drill testing at the Black Swan South Nickel prospect of the Silver Swan Nickel Mine in WA following a review of historical geochemical assay data.
“Moho considers that the Black Swan South nickel prospect is under-explored, given this positive outcome from the geochemical review and that most historical drill holes terminated at less than 80 metres below surface," says MD Shane Sadlei
“Moho is looking forward to working with the highly credentialed Whistlepipe consultants at our 100%-owned Manjimup Project as we steadily ramp up our exploration for nickel-copper-PGE mineralisation in WA,” says MD.
The high-grade bedrock gold intersection within a broad zone of anomalism reinforces the prospectivity of the gold trend recently identified by aircore drilling across the Tyrells and Hodges Gold prospects.
The company has further aircore, followed by reverse circulation (RC) drilling planned to test continuity, extent, and grade at Tyrells.
“Moho’s early assessment of historic exploration data is that the Black Swan South prospect is significantly under-explored, particularly given its proximity to the high-grade nickel sulphide mineralisation associated with the nearby Silver
Moho Resources is targeting a nickel-sulphide prospective EM conductor at the Omrah prospect with a diamond drill rig, following up a reverse circulation drill hole that was unable to reach the conductor as it's hosted at about 400 metres o
The company has completed more than 3,000 metres of reverse circulation drilling, targeting nickel and gold at prospects within the Silver Swan North tenure and has engaged experienced nickel consultant 'Rocky' Osborne to analyse drill samp
In November, Moho was granted a new exploration tenement adjoining the southern boundary of Poseidon Nickel’s highly prospective Black Swan nickel operation in Western Australia.
“This R&D tax refund represents a major addition to Moho’s ongoing exploration budget. It also underlines the contribution that R&D makes in the company’s exploration processes targeting significant mineral discoveries within our highly pro
"These aircore drilling results are very encouraging and suggest that that the Tyrells and Hodges prospects could make a significant addition to the interim mineral resource estimate at East Sampson Dam,” says MD.
Poseidon recently announced a number of strong high-grade nickel intersections at the adjoining Silver Swan property, including 15 metres at 17.92% from 285 metres and 11 metres at 13.26% from 288 metres.
“We’re very pleased with the outcome of the diamond drilling which has enhanced the gold prospectivity at Crossroads”, says MD
The identification of the targets followed the release of updated geological interpretations by the Geological Survey of Western Australia and a review of recent and historical geological and geophysical data by Moho’s exploration team.
The new tenement package covers an area of about 8.7 square kilometres of prospective mafic-ultramafic Highway Formation stratigraphy known to host nickel sulphide mineralisation.
The granted tenement and project areas under the acquisition agreement with Whistlepipe Exploration may be prospective for nickel and associated battery and precious metals.
The tenement and project areas under the Whistlepipe acquisition agreement may be prospective for nickel and associated battery and precious metals.
The Exploration Incentive Scheme funds will cover up to half the costs of the company’s upcoming drilling.
