THE DRILL SERGEANT: Moho Resources (ASX: MOH) has commenced its first aircore drill program on the Crossroads prospect at the company’s Burracoppin gold project in Western Austrealia.
Moho Resources will drill up to 40 reconnaissance air core holes across and along the Crossroads anomaly testing targets up to 300 metres wide incorporating auger gold and arsenic anomalies.
The drilling will also test an EM anomaly the company identified from an airborne EM survey carried out in November 2018 to search for base metal mineralisation.
Moho explained the anomaly was initially viewed as being related to a regolith feature, however the company now believes it is worthy of further investigation due to its proximity to the highest arsenic value at the Crossroads prospect.
Moho believes that the auger arsenic anomaly could be related to sulphide mineralisation in the underlying bedrock.
Auger sampling has already confirmed a spatial relationship between gold and arsenic anomalism at Crossroads.
“Moho is prioritising its resources on gold projects which we believe may have the best chance of being mined profitably in the short to medium term,” Moho Resources managing director Shane Sadlier said in the company’s announcement to the Australian Securities Exchange.
“Given the proximity of the Burracoppin project to gold processing facilities at Edna May and Marvel Loch, we are looking forward to receiving the results from the maiden aircore drill program at the Crossroads prospect.”