THE DRILL SERGEANT: Moho Resources (ASX: MOH) was surprised to find that drilling can lead to mineralisation.
Moho Resources reported it had encountered “additional unexpected high-grade gold assay results” from a diamond drilling campaign to infill and extend gold mineralisation at the company’s East Sampson Dam gold prospect in Western Australia.
The drilling intersected multiple zones of high-grade gold mineralisation in diamond drill hole SSMH0100, including:
7 metres at 4.78g/t gold from 51m, including 1m at 22.2g/t gold from 53m;
5m at 8.01g/t gold from 59m, including 1m at 23.5g/t gold from 60m;
2m at 6.91g/t gold from 77m; and
3m at 0.79g/t gold from 72m.
SSMH0100 discovered four new unexpected and significant gold intercepts outside of known mineralised zones.
The predominantly high-grade gold intersections appear to extend high-grade mineralisation previously discovered in MRC008, SSMH0067 and SSMH0091 into new areas.
This new mineralisation is found in saprolitic tuff with minor quartz veining and is in line with previous observations of there being no visible high-grade gold in the drill core.
“These unexpected diamond drilling results are very encouraging and highlight the potential to discover additional high-grade gold zones at Moho’s 100 per cent-owned East Sampson Dam prospect,” Moho Resources managing director Shane Sadlier said in the company’s ASX announcement.
TO READ THE FULL ANNOUNCEMENT: CLICK HERE