Moho drilling highlights gold mining potential of East Sampson Dam
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Special Report: Drilling has lent further support to Moho Resources’ plan of bringing its East Sampson Dam gold prospect near Kalgoorlie into production early.
Phase 1 reverse circulation drilling has returned consistent shallow gold mineralisation with top results of 1m at 8.5 grams per tonne (g/t) gold from a depth of 51m, 1m at 5.7g/t gold from 89m within a broader zone of 5m at 1.76g/t gold from 88m and 1m at 7.51g/t gold from 63m.
Moho Resources (ASX:MOH) noted that the modelled gold mineralisation displays good north to south continuity with multiple sub-horizontal zones.
Additionally, mineralisation at East Sampson Dam remains open to the north and south.
Review of drill logs has highlighted a number of structures that may be controlling the distribution of gold at the prospect, with the company noting that understanding their distribution will assist future drill campaigns to locate and delineate further mineralisation.
Programs are currently underway for resource modelling such as downhole logging of RC holes for structural and density data along with multispectral scanning of RC drill chips for geological alteration and lithogeochemical modelling.
Extensive infill surface geochemical sampling over historical gold anomalies at the broader Silver Swan North project is also underway.
“The phase 1 RC drill results, in combination with the ongoing mining studies and excellent metallurgical testwork results, are very encouraging and highlight the significant gold production potential of Moho’s East Sampson Dam prospect,” managing director Shane Sadleir said.
Moho plans to carry out a second phase of reverse circulation drilling of 40 holes totalling about 4,000m in the third and fourth quarters of this year for resource modelling purposes.
Drilling is planned to the south and north where mineralisation remains open.
This will be followed by diamond drilling for further metallurgical testwork, structural and geotechnical studies to better delineate and characterise the mineralisation.
It also plans to target gold mineralisation north of East Sampson Dam through aircore drilling of historical auger gold anomalies and geophysical targets in the fourth quarter.
Moho is aiming to mine the prospect as quickly as possible with ore treated at one of several processing facilities in the region.
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.