Moho Resources shares surge over 200% after high-grade gold hits at Sampson Dam
The company’s share price hit 14 cents intra-day - more than three times its opening price of 4.6 cents today morning.
Company
Moho Resources Ltd
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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Investments and investor services
St George Mining placement attracts new investor in Moho Resources
Moho is acquiring 5 million shares valued at $500,000 in the $3 million placement for an initial 1.37% interest.
Moho Resources identifies high nickel sulphide potential at Silver Swan North in WA
The company is well funded to explore its three highly prospective projects - Empress Springs, Silver Swan North and Burracoppin.
Moho Resources approved for WA government exploration funding for nickel projects
The company will use the funding in an upcoming drilling program at its nickel-prospective tenements 50 kilometres north of Kalgoorlie.