Moho Resources Ltd (ASX:MOH) is set to start diamond drilling at Crossroads prospect of the Burracoppin Gold Project within E70/4688, which is subject to a 70:30 joint venture with IGO Limited (ASX:IGO).
The diamond drilling will test gold mineralisation identified by a geochemical review at the prospect, which is surrounded by a halo of tungsten–molybdenum-arsenic anomalism within a NNW–SSE trending structural zone.
Four diamond drill holes of around 620 metres will follow up mineralisation intersected in the January 2021 RC drilling program and will begin shortly.
Targets are:
- Down dip extensions of broad gold mineralised zone and location and intensity of tungsten–molybdenum-arsenic halo; and
- Extensions of gold mineralisation and the relationship between lithology and structures.
“Very encouraging mineralisation”
Moho managing director Shane Sadleir said: “The association of a geochemical halo of tungsten-molybdenum-arsenic anomalism with the recently identified gold mineralisation from RC drilling at the Crossroads prospect is very encouraging.
“We are looking forward to testing the extension of this mineralisation and the relationship with lithology and structures with the upcoming diamond drilling program.”
The program is partially funded by the WA Government as part of its Exploration Incentive Scheme to test a potential intrusive-related gold mineral system at the Crossroads prospect.
Location of planned diamond drill holes, designed to investigate the relationship between lithology, mineralisation and structures.
Next steps
The company expects to receive the assays from the drilling and to compile the assays with structural and other data for target generation at Crossroads in quarter three of 2021.
In addition, Moho plans to compile and review all surface geochemical sampling data across the project area during the third quarter.
Further exploratory aircore and RC drilling is scheduled for the second half of 2021/quarter one of 2022.