Moho Resources Ltd (ASX:MOH) is preparing to commence diamond drilling at the Crossroads prospect, located in the WA Wheatbelt and about 22km west of the Edna May gold mine in Western Australia.
The Crossroads prospect is part of Moho’s Burracoppin Gold Project within E70/4688, which is subject to a 70:30 Joint venture with IGO Limited.
Managing Director, Shane Sadleir, said consultant geochemist Richard Carver of GCXplore Pty Ltd has interpreted a broad zone of shallow, east- dipping gold mineralisation surrounded by a halo of W – Mo – As anomalism sitting within a NNW – SSE trending structural zone
The association of a geochemical halo of W – Mo – As anomalism with the recently identified gold mineralisation from RC drilling at the Crossroads prospect is very encouraging,” Mr Sadleir said.
“We are looking forward to testing the extension of this mineralisation and the relationship with lithology and structures with the upcoming diamond drilling programme.”
The four-hole coring programme of approximately 600m has been designed to follow up mineralisation intersected in the January 2021 RC drilling programme, with the drill hole layout determined using an analysis of multielement geochemistry, geophysics and gold assay values.
Mr Sadleir said the transported cover and clays of the saprolite down to the top of fresh rock will be drilled HQ3 size (61mm diameter), and deeper fresh rock by NQ size (47mm diameter).
This will maximise core recovery and minimise direct drilling costs whilst enabling the collection of high quality lithological, structural and geochemical data. The program is partially funded by the WA Government as part of its Exploration Incentive Scheme to test a potential Intrusive-Related Gold mineral system at the Crossroads prospect.
The diamond drill program has been designed with the following aims:
- Obtain high quality core to study the geology more closely and refine Crossroads geological model, which can feed into any future drill programme designs and resource modelling.
- Reconciliation of rock type and geochemical zones identified by RC drilling with lithology, alteration, structures and textures seen in the core.
- Identify the orientation of structures controlling the mineralisation.
- To apply these findings to subsequent exploration programmes.