Moab kicks off soil geochemistry at WA Woodlands project

Soil geochemistry has commenced at the Woodlands project in WA
Results expected to assist in planned drill program
Uranium drilling ongoing at Moab’s US project

Moab Minerals has commenced a substantive soil geochemistry program for its Woodlands gold and base metal project in the Murchison region of Western Australia.

The project comprises gold targets in the south of the tenement associated with east-west structures and an unusual bright green alteration mineral called variscite.

It is located in the western extent of the Jillawarra Belt, a structurally controlled zone of clastic and carbonate sedimentary rocks, and is considered to be prospective for Abra-style base metal mineralisation.

Historical exploration by Western Mining Corporation consisted of sampling that extended the coverage to the east and west along strike.

Whilst gold results are not available, the arsenic results, which are expected to correlate with gold in this geological environment, show anomalous trends extending east and west of the variscite prospect into the Moab tenement.

Data for future drill planning

In addition to the variscite-gold trend, the soil survey will cover ‘Anomaly 27’ where Geopeko drilled an outcropping quartz vein that assayed 3.08 grams per tonne (g/t) gold and 22 g/t silver but did not reach target depth due to high water flows.

Base metals targets (copper-lead-zinc) occur in the north of the tenement, with ground geophysics planned to target specific sulphide conductors in the bedrock at a silver-copper-zinc anomaly previously identified by WMC.

The soil geochem sampling is intended to give Moab more systematic information on the distribution of gold in soils, to help in planning a drill program to properly test this anomaly.

“The soil program at Woodlands is substantive and will target gold associated with variscite in the south of the tenement,” Moab Minerals (ASX:MOM) managing director Malcolm Day said.

“Stratiform base metals targets in the north of the tenement will be evaluated by ground geophysical programs.”

The results of the soil sampling are expected in November, followed by possible EM surveys in December, at which point the company will make a drilling decision.

Uranium drilling underway

Meanwhile, Moab is currently drilling an initial three holes of a targeted 21-hole program at its Colorado REX uranium-vanadium project to test eastward extensions of known mineralisation.

The company owns 60% of the REX project, which is located within the famed Uravan Mineral Belt of Colorado and is just down the road from the White Mesa Mill which is the only fully licensed and operating conventional uranium-vanadium mill in the US.

This article was developed in collaboration with Moab Minerals, 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.