Moho Resources Preparing Early Start to 2021 Drilling Regime
THE DRILL SERGEANT: Moho Resources (ASX: MOH) is focussing on next year with the announcement that drilling will recommence in January 2021 at the Crossroads gold/silver prospect, part of the company’s Burracoppin gold project in Western Australia.
Moho Resources has already completed a maiden aircore drilling program at Crossroads, which is located about 22 kilometres west of the Edna May gold mine.
The drilling in June returned results of individual one-metre samples, having encountered gold/silver mineralisation in bedrock with up to 0.61 grams per tonne gold and 5.53g/t silver in bottom of hole (BOH) samples.
The gold mineralisation is associated with other pathfinder elements identified as silver, arsenic, antimony, tellurium and bismuth.
Moho was recently awarded a co-funded drilling grant of up to $147,526 from the WA Government as part of its Exploration Incentive Scheme.
“Moho greatly appreciates the WA government’s financial assistance under the Exploration Incentive Scheme to test the Crossroads gold/silver prospect for a potential Intrusive Mineral System,” Moho Resources managing director Shane Sadlier said in the company’s ASX announcement.
“We are looking forward to implementing our maiden RC and diamond drill programs early next year.”
Moho’s maiden 25-hole reverse circulation (RC) drill program will commence in January 2021, targeting extensions to the previously defined shallow bedrock gold and silver mineralisation at the Crossroads prospect.
Three diamond holes will be drilled at locations to be determined following receipt of the RC assay results.
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