Page 3 - Kalgoorlie Terrane News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Moho Resources Ltd on list of Junior Minerals Exploration Incentive participants
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Moho Resources Ltd looking to golden future as Western Australian projects build momentum
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Moho Resources Ltd (ASX:MOH) is making strong progress towards its goal of becoming a gold producer, with its two Western Australian projects generating considerable newsflow in the past two months.
Moho wholly owns the Silver Swan North Gold-Nickel Project, covering about 112 square kilometres northeast of the famed mining precinct of Kalgoorlie, and has a 70% holding in the Burracoppin gold joint venture project alongside IGO Ltd (ASX:IGO) (OTCMKTS:IPGDF).
Excitingly, Moho has just released a promising interim mineral resource estimate for the East Sampson Dam (ESD) prospect within the Silver Swan North project of 264,000 tonnes at 2.5 grams per tonne (g/t) of gold for 21,600 ounces at a cut-off grade of 0.5 g/t.
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Moho Resources outlines interim East Sampson Dam gold resource of 21,600 ounces with strong growth potential
A scoping study along with additional aircore and reverse circulation drilling programs are now in the works. With 70.2% of the resource in the indicated category there is scope to expedite mining.
Moho Resources Ltd (ASX:MOH) has released an interim mineral resource estimate for the wholly-owned East Sampson Dam prospect of 264,000 tonnes at 2.5 grams per tonne (g/t) of gold for 21,600 ounces at a cut-off grade of 0.5 g/t.
This provides strong growth potential with mineralisation open to the north, south and at depth, and the vast majority - 13,800 ounces or 70.2% - of the estimate is in the indicated category.
First Au Ltd delivers 73% increase in Gimlet inferred gold resource to 120,000 ounces
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