Moho has eyes on East Sampson gold resource, starts diamond drilling

Special Report: Moho has kicked off maiden diamond drilling at the East Sampson Dam prospect to underpin the first gold resource estimate.

The seven diamond holes totalling about 650m will focus on obtaining high-quality core for structural information, geological data, moisture, density and material for further metallurgical test work.

Moho Resources (ASX:MOH) managing director Shane Sadleir says the program is designed to provide essential information for the company’s first resource estimate at the East Sampson Dam prospect.

The company also plans to use the services of Wireline Services Group to collect drill hole imaging and rock property data.

This will include optical and acoustic televiewer data for structure, magnetic susceptibility and rock density measurements which will feed into the resource model.

Earlier this week, Moho signed an option to purchase a granted mining lease and six prospecting licences that add 6.6sqkm to the East Sampson Dam prospect, part of its Silver Swan North project.

Next steps

Moho plans to compile diamond drilling results, structural and other data for resource modelling in the current quarter.

It will also undertake additional resource definition reverse circulation drilling of up to 40 holes and compile surface geochemical sampling data across the Silver Swan North project area.

In the first quarter of next year, Moho plans to undertake aircore drilling over geochemical and structural targets.

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.