The acquisitions add to the company’s portfolio of lithium assets in the premier hard-rock lithium address of Western Australia. Pic: via Getty Images.
Mining
Moho is gearing up for Phase 2 RC drilling to follow up on an encouraging EM survey and assay results from Phase 1 RC drilling at the Dukes, T3 and T4 nickel prospects at the Silver Swan nickel project in WA.
Phase 1 was designed to further unlock the nickel potential of the Silver Swan North project – and flagged a possible magmatic sulphide source from a coincident nickel-copper soil anomaly.
The soil anomaly was confirmed by drill hole SSMH0147 at Dukes North, which returned 18m to 36m at 3678ppm nickel, 191ppm copper, 726ppm cobalt, 34ppb platinum and 9ppb palladium.
The program successfully outlined the dip and width of the ultramafic sequence at Dukes, however, Moho (ASX:MOH) says the nature and facing of the ultramafic needs to be further defined and the coincident nickel-copper anomalies need to be tested along strike and below the saprolite in fresh rock to ascertain the magmatic origin and the potential for nickel-copper sulphide mineralisation.
Phase 2 drilling is now being planned for Dukes North.
Part of the Phase 2 program is designed to establish the facing of the Dukes ultramafic sequence and define coincidental nickel-copper sulphide mineralisation at the footwall contact.
The program consists of six RC holes to test coincident nickel–copper results in SSMH0147 at depth below the regolith zone and along strike.
Two lines of up to three RC holes (diamond tails optional) are also planned to test an 800m strike length of EM response in the northern part of the magnetic anomaly.
“Moho is eagerly anticipating the next phase of drilling of the Dukes target to test the ultramafic sequence,” Moho MD Ralph Winter said.
“Given that Phase 1 only managed to test the extremities of the target, the company expects this follow up would give the true measure of the target’s nickel potential.”
The company also plans to undertake further processing and evaluation of historic EM surveys over the T4 target area along with infill and additional soil geochemical sampling over untested komatiitic sequences (which are a type of nickel ore deposits).
This article was developed in collaboration with Moho Resources, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
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