THE DRILL SERGEANT: Moho Resources (ASX: MOH) claimed identification of additional high-grade gold zones at the company’s East Sampson Dam prospect in Western Australia.
Moho Resources made the identification during a recent Phase 2 reverse circulation (RC) drilling program as part of its resource definition studies, to infill and extend gold mineralisation at the East Sampson Dam prospect.
The drilling produced encouraging high-grade gold results of:
1 metre at 9.6 grams per tonne gold from 92m;
5m at 5.95g/t gold from 47m, including 1m at 15.2g/t gold from 49m and 1m at 11.1g/t gold from 51m;
6m at 3.57g/t gold from 83m, including 2m at 2.43g/t gold from 84m and 1m at 15.6g/t gold from 88m; and
2m at 2.67g/t gold from 43m, including 1m at 4.04g/t gold from 43m.
“The latest RC drilling results have identified a number of high-grade mineralised intervals and new mineralised zones at the East Sampson Dam gold prospect,” Moho Resources managing director Shane Sadleir said in the company’s ASX announcement.
“This new information, in combination with the ongoing structural control interpretation and geological modelling by Moho’s geologists and consultants, provides further confidence that the prospect has the potential to generate a suitable gold resource which could provide important cash flow for the company.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE