Moho Resources Ltd (ASX:MOH) continues to progress developments at its 100%-owned East Sampson Dam (ESD) prospect on licence M27/263 in Western Australia.• JORC Mineral Resource Estimate (MRE) for East Sampson Dam.
CSA Global Pty Ltd, Moho’s mining resource consultant, has recently advised that, due to the current strong industry demand on their services, there has been a slight delay to the completion of the MRE. Moho is expecting CSA’s report in about a month. • Air core drill programme to test for extensions of gold mineralisation at East Sampson Dam prospect to commence in mid July 2021.
Program of Works (POW) application for aircore drilling to test gold targets outlined by auger gold in soil anomalies over Tyrells prospect (M27/263) has been approved. • Grant of Black Swan South tenement applications anticipated in Q4 2021.
Following the signing of Access Agreements with Poseidon Nickel Limited and subject to both the four month statutory Native Title advertising period and no objections being received during that period, it is anticipated that Moho’s applications for tenements E27/623, E27/633 and P27/2441 may be granted in Q4 2021.
The tenement applications are located immediately south and east of Poseidon’s Black Swan Nickel Operations.
Managing Director, Shane Sadleir, said that due to thick cover and minimal modern day exploration, Moho considers that these tenements may be prospective for gold and nickel mineralisation.
“Moho continues to make significant progress on its gold mining proposition at the East Sampson Dam prospect. With the analysis of drill samples and assays now completed, we are keenly awaiting the completion of CSA’s maiden JORC Mineral Resource Estimate,” Mr Sadleir said.
Moho is the 100% registered owner of granted tenements M27/263, E27/528, E27/626, P27/2232, P27/2390 & E27/613 and applications for E27/623, E27/633, E27/641, P27/2441, & P27/2456 all of which comprise the Silver Swan North Project. The Company has also signed option agreements to acquire M27/488, P27/2200, P27/2216, P27/2217, P27/2218, P27/2226 and P27/2229.