Moho kicks off Crossroads gold drilling
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Moho has pushed the button on diamond drilling to test for potential intrusive-related gold mineralisation at the Crossroads prospect in Western Australia.
The initial four-hole program totalling 600m, which is partly funded by the state government’s Exploration Incentive Scheme, is designed to follow up mineralisation intersected in the January 2021 RC drilling program that returned a top assay of 1m at 7.48 grams per tonne (g/t) gold from 92m in bedrock.
Moho Resources (ASX:MOH) says drilling through the transported cover and clays down to the fresh rock will be carried out using a wider HQ size while the deeper fresh rock will use the narrower NQ size to maximise core recovery while minimising direct drilling costs.
The initial targets are down-dip extensions of a broad gold mineralised zone surrounded by a ‘halo’ of tungsten, molybdenum and arsenic anomalism as well as extensions of gold mineralisation and the relationship between lithology and structures.
“We are particularly looking forward to identifying the orientation of structures controlling the gold mineralisation intersected in the recent RC drilling program, and to then apply these findings to subsequent exploration programs,” managing director Shane Sadleir said.
The Crossroads prospect is part of the company’s Burracoppin project in WA’s Wheatbelt region and about 22km west of the Edna May gold mine.
Moho’s maiden aircore and follow up RC drilling programs have already defined gold mineralisation over 500m from north to south and to a drilled depth of 80m.
Notably, there is potential for more gold to be found as mineralisation remains open to the north, west and at depth.
Assay results from the diamond drilling are expected in the third quarter, which Moho will combine with structural and other data for target generation.
The company will also compile and review all surface geochemical sampling data across the project area during the third quarter and drill more exploratory aircore and RC holes in the second half of the year and first quarter of 2022.
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.