Moho Resources increases gold prospectivity of Silver Swan North asset
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Special Report: Moho Resources plans to test drill several gold anomalies discovered at its Silver Swan North project following recently completed surface geotechnical sampling.
The high-confidence targets found by Moho Resources (MOH) include a continuous +25 parts per billion gold anomaly that extends 2.2km from East Sampson Dam to north of Tyrells prospect.
Another discovery is an area of significant gold anomalism on the company’s newly-acquired tenement to the north of the East Sampson Dam-Tyrells prospect.
The discoveries arose from extensive surface sampling work carried out at Silver Swan North Project near Kalgoorlie in WA.
“Moho is excited by the results of the extensive surface sampling program at Silver Swan North project,” Managing Director Shane Sadleir said.
The new data, when combined with historical data, has confirmed broad geochemical gold anomalism through the southwest sector of the Silver Swan North project.
Infill sampling has also refined a strong +75ppb historic auger soil gold anomaly extending 1.4km along strike of the East Sampson Dam gold prospect.
“Importantly, the work has generated walk-up air core drill targets which form an integral part of the company’s aggressive drive to locate additional gold mineralisation close to the East Sampson Dam gold discovery,” added Sadleir.
Moho Resources has a diamond drilling program underway at its Silver Swan North project.
The company aims to start a second phase of RC drilling at its East Sampson Dam prospect before the end of the year to drill across the anomalous zone.
Moho Resources is also to undertake air-core drilling for gold over high priority geochemical and structural targets in Q1 2021.
Additional surface geochemical sampling is planned in Q2 2021 for the Silver Swan North project in areas not already covered in previous sampling.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.