Moho is lined up and ready to take its next shot at REEs in Peak Charles
Mining
Mining
Moho is following up on the successful intersection of clay-hosted rare earths at its Peak Charles project near Esperance, Western Australia, with another round of drilling.
The second phase reconnaissance aircore drilling of 47 holes will test the Rolland East prospect bordering known REE at OD6 Metals’ Grass Patch-Belgian Road prospect and the Top Block prospect.
Phase Two will also redrill Phase One holes that failed to penetrate beyond calcrete and hard clay top into the potential REE clay zone at Pyramid, Ned’s Corner and northern end of Ned’s Corner Road.
Moho Resources (ASX:MOH) has submitted two Program of Works applications for the Phase Two drilling to the Department of Mines, Industry Regulation and Safety with approvals expected in the middle of this months.
A drill contractor has already been secured with the start date to be confirmed once the PoW approval is received.
“Moho has developed an exciting follow-up program to build on initial significant clay hosted results and to gauge the extent of Rare Earth mineralisation across the tenement,” managing director Ralph Winter said.
“Part of the program is also designed to test the area bordering the known REE at OD6 Metals’ Grass Patch, Belgian Road Prospect.”
The second drill program is expected to provide further understanding of the geological constraints of the project area.
It will be carried out along road reserves and existing tracks at a 400m hole spacing and drilled to refusal at the base of the clay zone.
Drilling at Rolland East will be carried out adjacent to where OD6 had returned grades of up to 3,300ppm TREO.
At Top Block, drilling will test the continuity of clay-hosted REE mineralisation between the Northern Track, Pyramid and Ned’s Corner prospects, where grades up to 1890ppm TREO were recently intersected by the company.
Moho is also waiting on results from a geophysical airborne magnetic and radiometric survey across the Peak Charles tenement package.
This is expected to provide important detailed aeromagnetic data which will be used in conjunction with drilling and assay data to refine geophysical and geochemical targets for future exploration programs for rare earths, gold and nickel-copper sulphide mineralisation.
The company also plans to carry out metallurgical testwork to determine REE extraction from the clay zone and geophysical interpretation of recently acquired airborne magnetics to outline granite basement topography required for ionic clay target modelling.
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.