Posts

Moho Resources Awarded Queensland Government Exploration Grant

THE BOURSE WHISPERER: Moho Resources (ASX: MOH) has scored a grant of $112,000 to undertake a regional hydrogeochemical sampling program at the company’s Empress Springs project in Queensland.

Moho Resources was awarded the grant as part of the Collaborative Exploration Incentive (CEI) program by the Queensland Government, administered by the Department of Natural Resources, Mines and Energy (DNRME).

The company explained the CEI grant will fund a borehole hydro-geochemistry study in partnership with the CSIRO, while enabling Moho to sample and comprehensively analyse waters beneath the cover rocks from existing water bores spread throughout its eleven Empress Springs tenements.

Moho will also sample water in holes drilled in 2018 and 2019 that located evidence of four separate mineralising systems within the Empress Springs project.

“Moho looks forward to utilising the CEI funds in cooperation with CSIRO to advance our knowledge of mineralising systems at the highly prospective Empress Springs project,” Moho Resources managing director Shane Sadleir said in the company’s announcement to the Australian Securities Exchange.

Moho and the CSIRO will carry out the survey hoping to locate chemical signatures substantiating large mineralised systems hidden beneath the cover rock sequences to focus future exploration towards finding new mineralisation in the area.

The CSIRO will contribute its technology and considerable background data on water sampling and analyses in the region and provide the equipment, training and supervision for the sampling program.

The chemical analyses for a comprehensive suite of elements will be performed by or under the direction of the CSIRO and the resulting data will be assessed by Moho and the CSIRO using their computer machine learning technology.

The field and analytical program is expected to commence in March 2020 and be completed in May 2020.

 

Email: admin@mohoresources.com.au

Web: www.mohoresources.com.au

 

Moho Resources (ASX: MOH)

THE CONFERENCE CALLER: Moho Resources (ASX: MOH) recently completed a maiden auger drilling program at the Crossroads prospect within the company’s Burracoppin gold project in Western Australia.

Moho Resources’ auger exploration program consisted 814 shallow auger holes to test aeromagnetic and gravity targets plus gold in soil anomalies within E70/4688.

The program focused on a number of exploration targets which the company had previously identified within the Tampia Structural Corridor of the Southwestern Terrane and located approximately 22 kilometres from Ramelius’ Edna May gold mine near Westonia.

The Roadhouse caught up with the company’s executive director Ralph Winter at the RIU Resources Investor Roadshow in Melbourne.

CLICK ON THE PIC BELOW TO VIEW VIDEO

Moho received results from the first 380 samples at the Crossroads prospect, demonstrating >25ppb gold anomalies and a number of >100ppb gold anomalies within E70/4688.

A broader gold anomaly was also identified at the >8ppb level measuring approximately 1.4 kilometres east to west by 0.7km north to south that remains open to the north, west and east.

A partly coincident, high contrast arsenic anomaly peaks between 16 to 61ppm arsenic over a grid background level of 1-4ppm arsenic at the west, east and northern ends of the >25ppb gold anomaly.

Moho indicated it is proposing to undertake follow up auger sampling to the north, east and west of the currently defined >8ppb gold anomaly.

“Identification of such a strong gold in soil anomaly in first pass auger drilling is a great result for Moho and our exploration team and confirms the company’s initial assessment of the gold prospectivity of the Burracoppin project, Moho Resources managing director Shane Sadlier said.

“Coincidence of arsenic with the gold anomalism is very encouraging.”

 

Email: admin@mohoresources.com.au

Web: www.mohoresources.com.au

 

Moho Resources Confirms Strong Gold Anomaly at Burracoppin

THE DRILL SERGEANT: Moho Resources (ASX: MOH) was eager to announce completion of a maiden auger drilling program at the Crossroads prospect within the company’s Burracoppin gold project in Western Australia.

Moho Resources’ recent auger exploration program consisted 814 shallow auger holes to test aeromagnetic and gravity targets plus gold in soil anomalies within E70/4688.

The program focused on a number of exploration targets which the company had previously identified within the Tampia Structural Corridor of the Southwestern Terrane and located approximately 22 kilometres from Ramelius’ Edna May gold mine near Westonia.

Moho has received results from the first 380 samples at the Crossroads prospect, demonstrating >25ppb gold anomalies and a number of >100ppb gold anomalies within E70/4688.

A broader gold anomaly was also identified at the >8ppb level measuring approximately 1.4 kilometres east to west by 0.7km north to south that remains open to the north, west and east.

A partly coincident, high contrast arsenic anomaly peaks between 16 to 61ppm arsenic over a grid background level of 1-4ppm arsenic at the west, east and northern ends of the >25ppb gold anomaly.

Moho indicated it is proposing to undertake follow up auger sampling to the north, east and west of the currently defined >8ppb gold anomaly.

“Identification of such a strong gold in soil anomaly in first pass auger drilling is a great result for Moho and our exploration team and confirms the company’s initial assessment of the gold prospectivity of the Burracoppin project, Moho Resources managing director Shane Sadlier said in the company’s announcement to the Australian Securities Exchange.

“Coincidence of arsenic with the gold anomalism is very encouraging.”

 

Email: admin@mohoresources.com.au

 

Web: www.mohoresources.com.au