Moho Resources Ltd (ASX:MOH) has lodged applications for exploration licences over areas in Western Australia prospective for nickel and associated battery and precious metals after entering acquisition agreements with Whistlepipe Exploration Pty Ltd.
Applications have been lodged with the WA Department of Mines Industry Regulation and Safety (DMIRS) for 11 exploration licences over the six project areas associated with the agreement.
In October Moho entered agreements with Whistlepipe to acquire a granted exploration licence and technical information related to six project areas.
Promisingly, Moho has confirmed nickel-copper-platinum group element (PGE) prospectivity over the application areas using Geoscience Australia’s Mineral Potential Mapper program.
“Independent support for potential”
Moho managing director Shane Sadleir: “Moho is looking forward to commencing exploration for nickel and associated battery and precious metals within the granted licence near Manjimup and the application areas once granted.
“The proximity of the areas targeted by Whistlepipe within or close to zones of moderate nickel-copper-PGE prospectivity generated using Geoscience Australia’s mineral Potential Mapper data provides independent support for their mineral potential.
“It is also no surprise, given the discovery record of the Whistlepipe principals and their close involvement with the discovery of the Gonneville PGE-nickel-copper-cobalt-gold deposit at Julimar”
Exploration licence application
The granted Whistlepipe tenement and Moho’s exploration licence applications over the project areas identified by Whistlepipe are in sparsely and under-explored ground within the prospective western and southwestern margins of the Yilgarn craton and the Albany-Fraser orogen of WA.
Based on the information provided by Whistlepipe, Moho understands the granted tenement and project areas under the acquisition agreement may be prospective for nickel and associated battery and precious metals.
They were identified using similar concepts and targeting parameters that led to the discovery of the exceptional Gonneville PGE-nickel-copper-cobalt-gold mineralisation within the Julimar mafic-ultramafic intrusive complex on the western margin of the Yilgarn craton
Targeting new resources
Geoscience Australia’s Mineral Potential Mapper program is a computer-based system developed to map Australia’s potential for new nickel-copper-PGE mineral resources.
The system is a continental-scale application designed to assist the mineral exploration industry to target new resources.
Forward plan
Moho is undertaking due diligence on the project information to enable the completion of the transaction.
The company is expediting the assessment of mining information relating to the granted tenement at Manjimup (E70/5762) to allow exploration activities to begin as soon as possible.
About Moho
Moho Resources is an Australian mining company focused on gold and nickel exploration at Empress Springs, Silver Swan North and Burracoppin.
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.
Moho’s 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.