Through the looking glass: Moho rips through Silver Swan, readies for nickel drill returns
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Moho will soon have a better idea of the nickel potential of its Silver Swan North project with the completion of reverse circulation drilling targeting two priority exploration targets.
The 14 hole program totalling 3,060m targeting the Omrah EM target and Wise nickel prospect started in late November but the team has muscled through rig breakdowns and supply line delays to complete the program last month.
About 80% of the assays have been submitted to the lab for analysis to date with Moho Resources (ASX:MOH) saying that a review of the assays and logging of RC chips is currently underway by highly-experienced and successful nickel consultant Grant Alan “Rocky” Osborne.
Drilling is part funded by the WA government’s Exploration Incentive Scheme, which has set aside a grant of $150,000 to help fund up to 50% of the cost of drilling the Omrah prospect.
Omrah is host to an untested electromagnetic (EM) conductor that has been confirmed by interpretation of multiple surveys.
The surface projection of the roughly 500m long conductive plate is coincident with the footwall of a magnetic marker horizon.
Wise consists of magnetic anomalies associated with ultramafic rocks and anomalous historic nickel intersections.
Both prospects are located within 10km of Poseidon Nickel’s (ASX:POS) Black Swan nickel plant.
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.