Moho survey puts more Burracoppin gold targets up on its board
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Moho’s stream sediment survey has identified a number of high-priority gold exploration targets for follow-up at its Burracoppin project in Western Australia.
While the extensive survey identified 10 exploration targets, the company has prioritised four targets associated with pathfinder elements and coincident interpreted magnetic structures for exploration.
Moho Resources (ASX:MOH) has also received two new exploration licences that add an additional 12% to the footprint covered by the project.
“The stream sediment survey has successfully identified a number of high priority gold exploration targets within the Burracoppin project which Moho plans to follow up over the next field season,” managing director Shane Sadleir said.
“Importantly, the survey has reinforced the gold potential at the Crossroads prospect where we are awaiting assay results from the recent diamond drilling campaign.”
The company has also completed a gravity survey over one of the tenements that make up Burracoppin to assist with improving its understanding of the project.
Results from this survey will be used to identify buried intrusions and add to the structural interpretation across the tenure along with improving perception of the regional geological setting.
Moho collected 369 samples over an area of about 330sqkm at a spacing determined by watercourse locations and land access.
Samples were analysed for gold and a multi-element suite, resulting in the identification of the 10 targets with extensive gold in stream sediment anomalism.
The top target has the strongest levels of arsenic, bismuth, zinc, lead and tungsten pathfinder elements while the second has high levels of tungsten and copper.
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.