Moho Resources Ltd (ASX:MOH) has started its maiden diamond drilling program at Crossroads prospect within the Burracoppin Gold JV Project in Western Australia’s wheatbelt, around 22 kilometres west of Edna May gold mine.
The four-hole coring program of around 600 metres has been designed to follow-up mineralisation intersected in a January 2021 RC drilling program with the drill hole layout determined using an analysis of multi-element geochemistry, geophysics and gold assay values.
Transported cover and clays of the saprolite down to the top of fresh rock will be drilled HQ size (61mm in diameter) and deeper fresh rock by NQ size (47 mm diameter).
This will maximise core recovery and minimise direct drilling costs whilst enabling the collection of quality lithological, structural and geochemical data.
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.
Focused on identifying structures
Managing director Shane Sadleir said: “Moho is again fortunate to have secured West Core drilling to undertake our maiden diamond drilling program at the Crossroads prospect.
“We are particularly looking forward to identifying the orientation of structures controlling the gold mineralisation intersected in the recent RC drilling program, and to then apply these findings to subsequent exploration programs.”
Targets include down dip extensions of broad gold mineralised zones and extensions of gold mineralisation as well as the relationship between lithology and structures.
The aims of the program include:
- Obtaining high-quality core to study the geology more closely and refine the Crossroads geological model, which can feed into any future drill program designs and resource modelling;
- Reconciliation of rock type and geochemical zones identified by RC drilling with lithology, alteration, structures and textures seen in the core;
- Identifying the orientation of structures controlling the mineralisation; and
- Applying these findings to subsequent exploration programs.
Interest in Burracoppin
Moho and IGO Ltd (ASX:IGO) have formed an unincorporated joint venture for the purposes of exploring and, if warranted, developing and mining on E70/4688.
IGO’s 30% interest is free carried until completion of a pre-feasibility study, at which time IGO may elect to contribute pro-rata to ongoing work or convert its 30% interest to a 10% free carried interest.
In addition to Moho’s 70% interest in E70/4688, the company owns a 100% interest in granted exploration tenements E70/5154, E70/5300-5302 and applications ELA70/5299 and E77/2671.
Next steps
- Diamond drill hole (DDH) assays expected – Q3 2021;
- Compile DDH assays with structural and other data for target generation at Crossroads – Q3 2021;
- Compile and review all surface geochemical sampling data across the project area – Q3 2021; and
- Further exploratory aircore and RC drilling – H2 2021/Q1 2022.