Moho on track for gold bounty from East Sampson Dam
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Special Report: Moho continues to close in on its goal of fast-tracking its high-grade East Sampson Dam gold prospect to production this year.
East Sampson Dam is part of Moho Resources’ (ASX:MOH) promising Silver Swan North nickel-gold project, 50km from the regional mining hub of Kalgoorlie in WA.
Since discovering new zones of high-grade gold in September 2018, the company has been investigating its potential to deliver early cash flows.
Achieving this would mean that Moho would not have to tap the market as often to progress its larger projects.
The infill drilling program within the 250m long mineralised zone at East Sampson Dam was completed in December 2019. Assay results will be released shortly, however Moho has already made progress on a number of other critical fronts.
The company has completed an Aboriginal heritage survey that found no sites of cultural or archaeological significance within the potential mining area, while the flora and fauna survey also found no environmental impediments.
Moho’s mining investigations also identified 11 gold treatment plants within a 100km radius of the East Sampson Dam prospect, though not all of these plants are currently in production nor has Moho started discussions about their availability to toll treat ore.
Results from the infill program are expected to be released early this month, and mining studies, including resource modelling, are currently underway.
Metallurgical test work will be carried during the first half of 2020.
Other ongoing work aimed at extending gold mineralisation at the Silver Swan North project includes aircore drilling along the 1.2km-long anomalous gold zone between the East Sampson Dam and Tyrells prospects and exploration of the gold anomalism at the Yalumba and Happs prospects.