Around 39 aircore holes for 1,355m have been drilled at Moho’s Burracoppin Project in WA, targeting channel zones with potential for ionic clay (REE) mineralisation.
The Burracoppin project is a 1,139km2 tenement package roughly 250km northeast of Perth, comprising elevated Total Rare Elements (TREE) in both surface and downhole data.
Recent geochemical evaluation work undertaken by Moho Resources (ASX:MOH) at the Crossroads gold prospect identified several areas with dysprosium and neodymium, and highlighted potential drainage channels as being prospective for REE accumulation.
Around seven holes were designed as a first pass to test the channel visible in AEM data for REE values, while another 23 holes focused on identifying soil gold anomalies for bedrock mineralisation.
What’s next?
The soil gold anomalism is coincident with elevated arsenic values and is proximal to shearing and folding which is evident in aeromagnetic data acquired by the company.
Moho believes that the coincident gold-arsenic anomalism could be related to sulphide mineralisation in the underlying bedrock.
Assays are expected sometime in Q2 and once received, modelling or ionic clay development will be carried out.
If warranted, further drilling of other prospective areas across the tenements will be undertaken.
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.