Moho Resources Ltd (ASX:MOH) has identified additional high grade gold zones at the northern end of the East Sampson Dam (ESD) prospect on permit M27/263 in Western Australia during Phase 2 reverse circulation (RC) infill and extension resource definition drilling.
Managing Director, Shane Sadlier, said the assay results from the final 20 RC holes contain a number of significant mineralised intervals and new mineralised zones that extends high grade gold mineralisation a further 40m north along strike.
The drilling highlighted a number of significant gold intersections.
Drilling in section 6637920N intersected a number of new medium and high-grade gold zones. In hole SSMH0139 new very high-grade mineralisation of 6m @ 11.03 g/t Au including 1m @ 43.5 g/t Au from 62m is located on the contact between andesite and intermediate saprolite.
This new zone can be traced at least 15m up dip to the intercept in SSMH0138 (1m @ 1.44 g/t Au). The projected extension of this new shoot 20m to the north is in an area that has not been drilled.
Hole SSMH0130 discovered 2m @ 3.0 g/t Au on the contact of saprolitic sediment and clay, which extends the medium grade mineralisation pod intersected in SSMH0072 a further 20m up dip. This mineralisation appears to link with mineralisation in holes ESR224 (1m @ 3.51 g/t Au), 20m to the south, and SSMH0132, 20m to the north (1m@ 5.22 g/t Au).
Meanwhile, Hole SSMH0132 discovered shallow medium grade gold mineralisation (1m @ 5.22 g/t Au: 45-46m) with an intersection of 4m @ 1.82 g/t Au in quartz veined intermediate tuff. This extends mineralisation 20m down dip from that intersected in MRC005 (1m @ 3.37 g/t Au). The intersection lies outside of the preliminary April 2020 Whittle design and might influence future pit design.
Moho’s exploration team continues to make excellent progress at East Sampson Dam. The latest RC drill results extend gold mineralisation down plunge at the southern end of the prospect and highlight the potential to discover additional gold mineralisation at the northern end of the prospect,” Mr Sadleir said.
Results from section 6637940N show new shallow mineralisation at 14m depth in SSMH0141 with 1m @ 2.4 g/t Au. In SSMH0142, high grade mineralisation of 1m @ 7.05 g/t Au is hosted in saprolitic tuff with minor quartz veining and a lower grade interval of 1m @ 1.74 g/t Au is associated with ferruginised sediment possibly reflecting a structure.
New drilling in section 6637960N intersected encouraging gold mineralisation that extends the mineralised envelope 60m north of previously defined mineralisation from the phase 1 RC drilling in July 2020. Four RC holes were designed on 6637960N to follow up an intercept of 1m @ 5.15 g/t Au from 48m in MRC002. Also, based on anomalous historical auger gold results in this area the drilling was testing for potential shallow mineralisation further to the west.
SSMH0144 intersected 3m @ 2.95 g/t Au from 19m including 1m @ 5.2 g/t Au from 19m. When combined with an intercept of 1m @ 1.54 g/t Au from 34m in SSMH0145, it forms a mineralised shoot extending 40m up dip from the MRC002 intercept.
Mr Sadlier said the Phase 2 RC programme was very successful in finding new mineralisation and clarifying the extent and tenor of gold mineralisation at the prospect. High grade intersections have been located 60m north of previous drilling, which is very encouraging.
This improved understanding of grade distribution will flow through to resource modelling currently underway, although it is clear that additional drilling is warranted to the north and south to extend or close off new mineralisation discovered. There are a number of sections across the prospect that require additional RC holes to further explore and define mineralisation located to date.
The East Sampson Dam gold project is well located close to existing gold processing facilities and mining infrastructure. Moho believes that, if a suitable gold resource is established, it could provide important cash flow for the company.