Moho’s search for REE and gold targets takes off at Burracoppin

A 39-hole aircore drilling program has kicked off at the Burracoppin project to investigate the source of elevated dysprosium and neodymium values and follow-up historic surface gold mineralisation.

The move to get drilling underway follows the identification of total rare earth elements (TREE) in both surface and downhole data during a recent geochemical evaluation of assays generated from project wide soil surveys at the Crossroads gold prospect.

Several areas with elevated levels of dysprosium and neodymium were pointed out by Moho’s consulting geochemist Richard Carver, as well as multiple channel zones with potential for accumulations of ionic clay.

Where the electrical conductivity is high, layers containing salt water or those which are clay rich, potentially containing sulphide mineralisation, can occur.

Moho Resources (ASX:MOH) says the primary aim of this latest drill campaign is to provide a ‘proof of concept’ for accumulations of ionic clay rare earth elements (REE) within these drainage channels previously delineated at the Burracoppin project in Western Australia.

Exciting next phase

The drilling program has been designed as a first pass to test the channel visible in the airborne electromagnetic (AEM) data for REE values, which extends for 16km and is 4.5km wide.

“This exciting next phase of REE exploration should assist in proving the concept of ionic clay (REE) accumulations over 16km of channel through centre of the Burracoppin project,” MOH managing director Ralph Winter says.

Gold exploration

Meanwhile, another 23 holes will test previously identified soil gold anomalies for bedrock mineralisation.

Moho says the northern >8 ppb gold anomaly (otherwise known as T1) is also coincident with neodymium and dysprosium, which may be sourced from the numerous outcropping and sub-cropping granitic units.

The multi-element analysis of drilling samples will also test if there is REE mineralisation and the depth extent.

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.