Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Mining

Moho Resources winds up RC exploration drilling targeting nickel at Silver Swan North

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

Moho Resources Ltd (ASX:MOH) has completed a round of reverse circulation (RC) drilling at Omrah electromagnetic (EM) target and Wise nickel prospect at Silver Swan North Nickel Sulphide Project north of Kalgoorlie in WA.

This work was following-up geological interpretations formed by the Geological Survey of Western Australia and a review of all available data by the Moho exploration team.

The reverse circulation (RC) program consisted of 14 holes for 3,060 metres and ran from November 28, 2021, until January 22, 2021, hampered by rig failures and repair waiting times.

Samples from the drilling program are being submitted to Bureau Veritas laboratory for analysis, with about 80% of analysed results received back from the lab to date.

Next steps for Silver Swan

Moho has contracted the services of experienced nickel consultant Grant Alan ‘Rocky’ Osborne, a passionate and pragmatic explorationist with more than 42 years’ experience in international mineral exploration and underground mining, with particular expertise in nickel and gold.

The results of the RC program will be reviewed by Osborne to generate targets for further exploration with a diamond drilling program.

Moho has already secured a diamond drilling rig for March, but any drilling programs will have to await approval by Moho’s nickel consultant and start dates may be delayed by rig and crew availability.

Additionally, Moho has been awarded a grant of $150,000 under the Exploration Incentive Scheme (EIS) program by the West Australian Government.

The CEI grant will be used to fund up to 50% of drilling costs associated with the RC and diamond drilling program to test the potential komatiitic ultramafics associated with the Omrah nickel prospect.

About Moho Resources

Moho Resources 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 is around 50 kilometres from Kalgoorlie and covers about 55 square kilometres within the gold-rich Kalgoorlie Terrane while Burracoppin further to the west is also prospective for gold.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK