Comprehensive assays are still some time away but Moho has already received encouraging signs of nickel sulphides at the Black Swan prospect.

The recently completed drill program outlined the apparently undisturbed basal contact of target komatiite ultramafics that could host nickel sulphides due to evidence of substantial settling and accumulation of olivine over about 300m strike of the komatiite.

Moho Resources (ASX:MOH) noted that four of the 12 holes drilled had identified a 25m to 30m depression in the komatiites at the southern end plunging southeast.

Further drilling of the depression will be required to determine if it develops further into a channel at depth and provides a site for settling and accumulation of nickel sulphide mineralisation.

This komatiite is also open to the southeast but closed off to the northwest.

“This drill program has provided critical information for Moho to vector in on the nickel sulphide potential at Black Swan South,” managing director Ralph Winter said.

Black Swan drilling to point the way

Moho had completed 12 reverse circulation holes totalling 1,914m over the Black Swan prospect, which is part of the broader Silver Swan North project in Western Australia.

Composite samples were collected for all drill holes and 635 samples submitted for analysis.

Down-hole electromagnetic surveying is planned in two of the holes.

Subject to review of the assay and DHEM results, the company plans to carry out deeper drilling with two diamond rigs to test the southeast plunge of komatiite within the depression at depth to test for potential accumulation of nickel sulphides.

It also intends to carry out several lines of passive seismic to investigate the cause of the deep weathering around hole BSSMRC002.




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.