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MOHO RESOURCES LIMITED — Capital/Financing Update 2025
Dec 14, 2025
65359_rns_2025-12-14_be1079be-6b38-4072-a0ed-103d662cc5c9.pdf
Capital/Financing Update
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Moho Resources Ltd P. +61 8 9481 0389 ABN 81 156 217 971 E. [email protected] 168 Stirling Hwy mohoresources.com.au Nedlands WA 6009 ASX MOH
ASX RELEASE | 15 December 2025
Bush Chook drilling complete while new tenement acquisitions deliver drill-ready targets.
Highlights
-
Maiden drilling program completed at Bush Chook Project’s Swan Prospect, with two key alteration mineral assemblages observed in all four holes, vertically below soils with high gold values[1] :
-
Quartz-goethite alteration – often associated with oxide gold mineralisation.
-
Quartz-pyrite-chlorite alteration – often associated with primary gold mineralisation.
-
The acquisition of 15 neighbouring Prospecting Licences (PLs) from Codrus Minerals Limited (ASX:CDR) adds six drill-ready targets with trench sampling up to 9m at 1.86g/t Au and rock chips up to 13.6g/t Au.
-
Twelve PLs lie outside native title claims and expand the Bush Chook Project footprint to 440km[2] .
Moho Resources Ltd (ASX:MOH) has encountered two key alteration assemblages in all four holes beneath gold-anomalous soils following the completion of four drill holes across 540m at its Bush Chook Gold Project in Western Australia’s Pilbara region. Samples will arrive in the lab this week and assays are expected in late January, 2026.
The maiden drilling program at Bush Chook’s Swan Prospect was curtailed by rain with five holes deferred until March 2026 or earlier, subject to weather.
Meanwhile, the acquisition of 15 prospecting licences from Codrus Minerals Ltd (ASX: CDR) provide six drill-ready targets supported by strong soil anomalies and high-grade rock chips. In addition, trench sampling shows 9m at 1.86g/t Au. These targets will be drilled in 2026 as soon as weather and permitting allows.
Moho Resources Chairman, Mr Peter Christie said:
“Our initial drilling has confirmed alteration styles consistent with the area’s known gold mineralisation systems, and we eagerly await the assay results in January. With the recent acquisition of additional tenure with exciting high-grade drill targets, we are well positioned to accelerate our exploration momentum in 2026.”
1 Visual mineral observations do not guarantee gold mineralisation. Lab assays are required to confirm the presence of gold.
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Drilling confirms key alteration minerals below gold anomalies
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Figure 1: Collar plan for Swan Prospect
Drilling tested vertically below soil samples with elevated gold with all four holes intercepting two key alteration mineral assemblages which are commonly associated with gold mineralisation in the area[1] .
-
Quartz-goethite alteration formed by weathering of pyritic quartz veins and can be associated with oxide gold mineralisation.
-
Quartz-pyrite-chlorite alteration formed by hydrothermal fluids and can be associated with primary gold mineralisation.
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Figure 2: Quartz-goethite alteration in slate host-rock. 25BC006, 6m to 20m.
2
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Figure 3: Quartz-pyrite-chlorite alteration in slate host-rock. 25BC002, 179m to 180m.
Table 1: Collar Table
| HoleID | Dip | Azimuth | Easting | Northing |
Grid ID |
Depth |
Max Depth |
Status |
|---|---|---|---|---|---|---|---|---|
| 25BC0002 | -60 |
0 | 229560 | 7587560 |
GDA20_Z51 |
180 |
180 |
Assays Pending |
| 25BC0003 | -60 |
0 | 229560 | 7587680 |
GDA20_Z51 | 180 |
180 |
Assays Pending |
| 25BC0006 | -60 |
0 | 228920 | 7587720 |
GDA20_Z51 |
180 |
120 |
Assays Pending |
| 25BC0009 | -60 |
0 | 228525 | 7587643 |
GDA20_Z51 | 180 |
60 |
Assays Pending |
3
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Table 2: Geological logging of significant alteration intervals
| Hole_ID | Depth From |
Depth _To |
Interval Length |
Lith 1 | Lith1_pct | Lith2 |
Lith2_pct | Lith3 |
Lith3_pct | Lith4 |
Lith4_pct |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 25BC002 | 84 | 92 | 8 | Slate | 70 | Quartz vein |
20 | Chlorite |
9 | Pyrite |
1 |
| 25BC002 | 99 | 102 | 3 | Slate | 80 | Quartz vein |
20 | Chlorite |
9 | Pyrite |
1 |
| 25BC003 | 16 | 17 | 1 | Slate | 70 | Goethite |
20 | Quartz vein |
10 | ||
| 25BC003 | 23 | 24 | 1 | Slate | 80 | Quartz vein |
10 | Goethite |
10 | ||
| 25BC003 | 179 | 186 | 7 | Slate | 70 | Quartz vein |
25 | Chlorite |
4 | Pyrite |
1 |
| 25BC006 | 6 | 20 | 14 | Slate | 50 | Quartz vein |
30 | Goethite |
20 | ||
| 25BC006 | 30 | 34 | 4 | Slate | 60 | Goethite |
30 | Quartz vein |
10 | ||
| 25BC009 | 9 | 11 | 2 | Slate | 80 | Quartz vein |
10 | Goethite |
10 | ||
| 25BC009 | 15 | 27 | 12 | Slate | 60 | Goethite |
30 | Quartz vein |
10 | ||
| 25BC009 | 32 | 36 | 4 | Slate | 85 | Quartz vein |
10 | Goethite |
5 | ||
| 25BC009 | 95 | 97 | 2 | Slate | 80 | Quartz vein |
15 | Chlorite |
4 | Pyrite |
1 |
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CDR tenement acquisition delivers six drill-ready targets
The new PLs acquired from Codrus Minerals (formerly the Middle Creek Project) have six drillready targets defined by high-grade rock chip samples, soil sampling and trench sampling, none of these areas have been drill tested.
The acquisition was done by a surrender/pick up agreement, providing Moho with new PLs with a four-year term with the possibility of a four-year extension. Twelve of the 15 licences lie outside native title claims which will expediate approvals and reduce drilling costs. Drilling will commence on these licences as soon as weather and permitting allows.
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Figure 4: The new neighbouring acreage acquired from Codrus Minerals expands the Bush Chook Project landholding to 440km[2] .
Acquisition Terms
Moho issued 15,000,000 fully paid ordinary shares to Codrus Minerals Limited as consideration for the acquisition of additional tenure within the area of the Company’s Bush Chook Project and associated exploration data which has been incorporated into the Bush Chook Project through the Company making application for 15 new prospecting licences. The Acquisition was completed immediately upon execution of the binding heads of agreement between the parties that occurred 5 December 2025. Completion was unconditional, and the Agreement otherwise contains customary terms for a transaction of this nature.
The Consideration will be subject to voluntary escrow for a period of three months from the Completion Date.
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Figure 5: Bush Chook’s new acreage has six drill-ready targets defined by high-grade rock chip samples, soil sampling and trench sampling,
Table 3: Significant rock chip assays from the Codrus Acquisition .
| Sample | East_m | North_m | Grid | Stype | Au_ppm |
|---|---|---|---|---|---|
| AMNG118 | 209328 | 7579166 | MGA Zone51 GDA94 | float | 13.6 |
| SOMDC54 | 215476 | 7581372 | MGA Zone51 GDA94 | subcrop | 12.7 |
| SOMDC315 | 206549 | 7577705 | MGA Zone51 GDA94 | outcrop | 12.5 |
| AMNG105 | 215402 | 7581325 | MGA Zone51 GDA94 | outcrop | 6.64 |
| MDCR066 | 214962 | 7578222 | MGA51 GDA94 | outcrop | 5.1 |
| MDCR056 | 215067 | 7581115 | MGA51 GDA94 | outcrop | 4.12 |
| AMNG092A | 215026 | 7581116 | MGA Zone51 GDA94 | outcrop | 3.64 |
| AMNG066 | 209694 | 7579098 | MGA Zone51 GDA94 | outcrop | 2.95 |
| MDCR037 | 212690 | 7578614 | MGA51 GDA94 | outcrop | 2.76 |
| AMNG094B | 215014 | 7581104 | MGA Zone51 GDA94 | outcrop | 2.66 |
| RNMDC084 | 214961 | 7578227 | MGA Zone51 GDA94 | outcrop | 2.66 |
| MDCR069 | 214893 | 7578140 | MGA51 GDA94 | outcrop | 2.32 |
| AMNG093 | 215021 | 7581111 | MGA Zone51 GDA94 | outcrop | 2.29 |
| SOMDC15 | 212693 | 7578636 | MGA Zone51 GDA94 | outcrop | 2.16 |
| AMNG104A | 215502 | 7581302 | MGA Zone51 GDA94 | subcrop | 1.94 |
| MDCR055 | 215012 | 7581109 | MGA51 GDA94 | outcrop | 1.84 |
| AMNG083 | 210195 | 7579354 | MGA Zone51 GDA94 | outcrop | 1.79 |
6
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| MDCR058 | 215518 | 7581350 | MGA51 GDA94 | outcrop | 1.62 |
|---|---|---|---|---|---|
| SOMDC52 | 215522 | 7581344 | MGA Zone51 GDA94 | outcrop | 1.51 |
| MDCR054 | 215010 | 7581096 | MGA51 GDA94 | outcrop | 1.5 |
| AMNG108 | 215437 | 7581282 | MGA Zone51 GDA94 | outcrop | 1.45 |
| SOMDC368 | 215095 | 7578322 | MGA Zone51 GDA94 | outcrop | 1.44 |
| AMNG094A | 215014 | 7581104 | MGA Zone51 GDA94 | outcrop | 1.27 |
| MCHT184 | 215027 | 7578164 | MGA Zone51 GDA94 | outcrop | 1.17 |
| AMNG096 | 215050 | 7581116 | MGA Zone51 GDA94 | outcrop | 1.09 |
| SOMDC03 | 211634 | 7577240 | MGA Zone51 GDA94 | subcrop | 1.03 |
| MDCR068 | 214921 | 7578177 | MGA51 GDA94 | outcrop | 0.97 |
| RNMDC201 | 212247 | 7578345 | MGA Zone51 GDA94 | outcrop | 0.77 |
| AMNG092B | 215026 | 7581116 | MGA Zone51 GDA94 | outcrop | 0.73 |
| AMNG106 | 215520 | 7581329 | MGA Zone51 GDA94 | outcrop | 0.63 |
| MDCR060 | 215352 | 7581261 | MGA51 GDA94 | outcrop | 0.6 |
Table 4: Trench sample assays
| Trench Id | From_m | To_m | Interval_m | Sample | Au_FAppm |
E_MGA51GDA94 | N_MGA51GDA94 | RLm_AHD |
|---|---|---|---|---|---|---|---|---|
| MCTR001 | 0 | 4 | 4 | MT1001 | 0.01 |
217508.91 | 7580198.68 | 366.99 |
| MCTR001 | 4 | 8 | 4 | MT1002 | -0.01 |
217506.73 | 7580202.03 | 367 |
| MCTR001 | 8 | 12 | 4 | MT1003 | -0.01 |
217504.55 | 7580205.39 | 367 |
| MCTR001 | 12 | 16 | 4 | MT1004 | -0.01 |
217502.38 | 7580208.74 | 367 |
| MCTR001 | 16 | 20 | 4 | MT1005 | 0.01 |
217500.2 | 7580212.1 | 367 |
| MCTR001 | 20 | 24 | 4 | MT1006 | 0.01 |
217498.02 | 7580215.45 | 367 |
| MCTR001 | 24 | 28 | 4 | MT1007 | 0.02 |
217495.84 | 7580218.81 | 367 |
| MCTR001 | 28 | 32 | 4 | MT1008 | 0.27 |
217493.66 | 7580222.16 | 366.94 |
| MCTR001 | 32 | 36 | 4 | MT1009 | 0.01 |
217491.48 | 7580225.51 | 366.83 |
| MCTR001 | 36 | 40 | 4 | MT1010 | 0.01 |
217489.3 | 7580228.87 | 366.72 |
| MCTR001 | 40 | 44 | 4 | MT1011 | 0.01 |
217487.13 | 7580232.22 | 366.6 |
| MCTR001 | 44 | 48 | 4 | MT1012 | 0.01 |
217484.95 | 7580235.58 | 366.49 |
| MCTR001 | 48 | 52 | 4 | MT1013 | 0.01 |
217482.77 | 7580238.93 | 366.37 |
| MCTR001 | 52 | 56 | 4 | MT1014 | 0.01 |
217480.59 | 7580242.29 | 366.26 |
| MCTR001 | 56 | 60 | 4 | MT1015 | 0.01 |
217478.41 | 7580245.64 | 366.12 |
| MCTR001 | 60 | 64 | 4 | MT1016 | 0.01 |
217476.23 | 7580249 | 365.94 |
| MCTR001 | 64 | 68 | 4 | MT1017 | 0.04 |
217474.05 | 7580252.35 | 365.76 |
| MCTR001 | 68 | 72 | 4 | MT1018 | 0.04 |
217471.88 | 7580255.71 | 365.58 |
| MCTR001 | 72 | 76 | 4 | MT1019 | 0.44 |
217469.7 | 7580259.06 | 365.4 |
| MCTR001 | 76 | 80 | 4 | MT1020 | 0.03 |
217467.52 | 7580262.42 | 365.22 |
| MCTR001 | 80 | 84 | 4 | MT1021 | 0.02 |
217465.34 | 7580265.77 | 365.04 |
| MCTR001 | 84 | 88 | 4 | MT1022 | 0.02 |
217463.16 | 7580269.13 | 364.86 |
| MCTR001 | 88 | 92 | 4 | MT1023 | 0.02 |
217460.98 | 7580272.48 | 364.68 |
| MCTR001 | 92 | 96 | 4 | MT1024 | 0.01 |
217458.8 | 7580275.84 | 364.5 |
| MCTR001 | 96 | 100 | 4 | MT1025 | 0.02 |
217456.63 | 7580279.19 | 364.32 |
| MCTR001 | 100 | 104 | 4 | MT1026 | 0.02 |
217454.45 | 7580282.54 | 364.19 |
| MCTR001 | 104 | 108 | 4 | MT1027 | 0.03 |
217452.27 | 7580285.9 | 364.11 |
| MCTR001 | 108 | 112 | 4 | MT1028 | 0.01 |
217450.09 | 7580289.25 | 364.04 |
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| MCTR001 | 112 | 116 | 4 | MT1029 | 0.01 | 217447.91 | 7580292.61 | 364.04 |
|---|---|---|---|---|---|---|---|---|
| MCTR001 | 116 | 120 | 4 | MT1030 | 0.02 | 217445.73 | 7580295.96 | 364.11 |
| MCTR001 | 120 | 124 | 4 | MT1031 | 0.02 | 217443.55 | 7580299.32 | 364.19 |
| MCTR001 | 124 | 128 | 4 | MT1032 | 0.01 | 217441.38 | 7580302.67 | 364.26 |
| MCTR001 | 128 | 132 | 4 | MT1033 | 0.01 | 217439.2 | 7580306.03 | 364.34 |
| MCTR001 | 132 | 136 | 4 | MT1034 | 0.03 | 217437.02 | 7580309.38 | 364.41 |
| MCTR001 | 136 | 140 | 4 | MT1035 | 0.01 | 217434.84 | 7580312.74 | 364.53 |
| MCTR001 | 140 | 144 | 4 | MT1036 | 0.01 | 217432.66 | 7580316.09 | 364.71 |
| MCTR001 | 144 | 148 | 4 | MT1037 | 0.01 | 217430.48 | 7580319.45 | 364.89 |
| MCTR001 | 148 | 153 | 5 | MT1038 | 0.01 | 217428.03 | 7580323.22 | 365.09 |
| MCTR002 | 0 | 4 | 4 | MT1039 | 0.01 | 215398.78 | 7581408.16 | 356.87 |
| MCTR002 | 4 | 5 | 1 | MT1040 | 0.01 | 215399.76 | 7581405.86 | 356.91 |
| MCTR002 | 5 | 6 | 1 | MT1041 | 0.01 | 215400.15 | 7581404.94 | 356.93 |
| MCTR002 | 6 | 7 | 1 | MT1042 | 0.01 | 215400.54 | 7581404.02 | 356.95 |
| MCTR002 | 7 | 8 | 1 | MT1043 | 0.02 | 215400.93 | 7581403.1 | 356.97 |
| MCTR002 | 8 | 9 | 1 | MT1044 | 0.05 | 215401.32 | 7581402.18 | 356.98 |
| MCTR002 | 9 | 10 | 1 | MT1045 | 0.02 | 215401.71 | 7581401.26 | 357 |
| MCTR002 | 10 | 14 | 4 | MT1046 | 0.01 | 215402.69 | 7581398.95 | 357.05 |
| MCTR002 | 14 | 18 | 4 | MT1047 | -0.01 | 215404.25 | 7581395.27 | 357.12 |
| MCTR002 | 18 | 22 | 4 | MT1048 | 0.01 | 215405.81 | 7581391.59 | 357.19 |
| MCTR002 | 22 | 26 | 4 | MT1049 | 0.01 | 215407.38 | 7581387.91 | 357.26 |
| MCTR002 | 26 | 30 | 4 | MT1050 | -0.01 | 215408.94 | 7581384.23 | 357.33 |
| MCTR002 | 30 | 34 | 4 | MT1051 | 0.01 | 215410.5 | 7581380.54 | 357.5 |
| MCTR002 | 34 | 38 | 4 | MT1052 | -0.01 | 215412.07 | 7581376.86 | 357.68 |
| MCTR002 | 38 | 39 | 1 | MT1053 | 0.02 | 215413.04 | 7581374.56 | 357.8 |
| MCTR002 | 39 | 40 | 1 | MT1054 | 0.02 | 215413.43 | 7581373.64 | 357.85 |
| MCTR002 | 40 | 44 | 4 | MT1055 | 0.01 | 215414.41 | 7581371.34 | 357.96 |
| MCTR002 | 44 | 48 | 4 | MT1056 | 0.01 | 215415.97 | 7581367.66 | 358.15 |
| MCTR002 | 48 | 52 | 4 | MT1057 | 0.05 | 215417.54 | 7581363.97 | 358.34 |
| MCTR002 | 52 | 56 | 4 | MT1058 | 0.01 | 215419.1 | 7581360.29 | 358.52 |
| MCTR002 | 56 | 60 | 4 | MT1059 | 0.01 | 215420.66 | 7581356.61 | 358.64 |
| MCTR002 | 60 | 64 | 4 | MT1060 | 0.01 | 215422.23 | 7581352.93 | 359 |
| MCTR002 | 64 | 68 | 4 | MT1061 | 0.01 | 215423.79 | 7581349.25 | 359.24 |
| MCTR002 | 68 | 72 | 4 | MT1062 | 0.03 | 215425.35 | 7581345.56 | 359.48 |
| MCTR002 | 72 | 76 | 4 | MT1063 | -0.01 | 215426.91 | 7581341.88 | 359.72 |
| MCTR002 | 76 | 80 | 4 | MT1064 | -0.01 | 215428.48 | 7581338.2 | 359.95 |
| MCTR002 | 80 | 84 | 4 | MT1065 | 0.01 | 215430.04 | 7581334.52 | 360.19 |
| MCTR002 | 84 | 88 | 4 | MT1066 | 0.01 | 215431.6 | 7581330.84 | 360.71 |
| MCTR002 | 88 | 92.6 | 4.6 | MT1067 | 0.01 | 215433.28 | 7581326.88 | 361.33 |
| MCTR003 | 0 | 4 | 4 | MT1068 | 0.01 | 215168 | 7578501.14 | 373.01 |
| MCTR003 | 4 | 8 | 4 | MT1069 | 0.02 | 215164.01 | 7578501.42 | 373.01 |
| MCTR003 | 8 | 9 | 1 | MT1070 | 0.01 | 215161.52 | 7578501.59 | 372.99 |
| MCTR003 | 9 | 10 | 1 | MT1071 | 0.01 | 215160.52 | 7578501.66 | 372.99 |
| MCTR003 | 10 | 11 | 1 | MT1072 | 0.01 | 215159.53 | 7578501.73 | 372.99 |
| MCTR003 | 11 | 12 | 1 | MT1073 | 0.01 | 215158.53 | 7578501.8 | 372.98 |
| MCTR003 | 12 | 16 | 4 | MT1074 | 0.02 | 215156.03 | 7578501.98 | 372.97 |
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| MCTR003 | 16 | 20 | 4 | MT1075 | 0.02 | 215152.04 | 7578502.26 | 372.95 |
|---|---|---|---|---|---|---|---|---|
| MCTR003 | 20 | 24 | 4 | MT1076 | 1.29 | 215148.05 | 7578502.53 | 372.92 |
| MCTR003 | 24 | 25 | 1 | MT1077 | 0.32 | 215145.56 | 7578502.71 | 372.9 |
| MCTR003 | 25 | 26 | 1 | MT1078 | 0.62 | 215144.56 | 7578502.78 | 372.9 |
| MCTR003 | 26 | 27 | 1 | MT1079 | 0.95 | 215143.56 | 7578502.85 | 372.89 |
| MCTR003 | 27 | 28 | 1 | MT1080 | 0.42 | 215142.57 | 7578502.92 | 372.88 |
| MCTR003 | 28 | 32 | 4 | MT1081 | 0.03 | 215140.07 | 7578503.09 | 372.87 |
| MCTR003 | 32 | 36 | 4 | MT1082 | 0.03 | 215136.08 | 7578503.37 | 372.84 |
| MCTR003 | 36 | 40 | 4 | MT1083 | 0.01 | 215132.09 | 7578503.65 | 372.81 |
| MCTR003 | 40 | 44 | 4 | MT1084 | 0.01 | 215128.1 | 7578503.93 | 372.79 |
| MCTR003 | 44 | 48 | 4 | MT1085 | 0.01 | 215124.11 | 7578504.21 | 372.76 |
| MCTR003 | 48 | 52 | 4 | MT1086 | 0.02 | 215120.12 | 7578504.49 | 372.74 |
| MCTR003 | 52 | 54.8 | 2.8 | MT1087 | 0.02 | 215116.73 | 7578504.72 | 372.73 |
| MCTR004 | 0 | 4 | 4 | MT1088 | 0.01 | 215038.51 | 7578154.34 | 373.78 |
| MCTR004 | 4 | 8 | 4 | MT1089 | 0.01 | 215035.54 | 7578157.01 | 373.67 |
| MCTR004 | 8 | 12 | 4 | MT1090 | 0.01 | 215032.57 | 7578159.69 | 373.57 |
| MCTR004 | 12 | 13 | 1 | MT1091 | 0.01 | 215030.71 | 7578161.36 | 373.51 |
| MCTR004 | 13 | 14 | 1 | MT1092 | 0.01 | 215029.97 | 7578162.03 | 373.48 |
| MCTR004 | 14 | 15 | 1 | MT1093 | 0.04 | 215029.22 | 7578162.7 | 373.46 |
| MCTR004 | 15 | 16 | 1 | MT1094 | 0.11 | 215028.48 | 7578163.37 | 373.43 |
| MCTR004 | 16 | 17 | 1 | MT1095 | 0.11 | 215027.74 | 7578164.04 | 373.4 |
| MCTR004 | 17 | 18 | 1 | MT1096 | 1.03 | 215026.99 | 7578164.71 | 373.38 |
| MCTR004 | 18 | 19 | 1 | MT1097 | 0.28 | 215026.25 | 7578165.38 | 373.35 |
| MCTR004 | 19 | 20 | 1 | MT1098 | 0.54 | 215025.51 | 7578166.05 | 373.33 |
| MCTR004 | 20 | 24 | 4 | MT1099 | 0.75 | 215023.65 | 7578167.72 | 373.26 |
| MCTR004 | 24 | 25 | 1 | MT1100 | 0.54 | 215021.79 | 7578169.39 | 373.2 |
| MCTR004 | 25 | 26 | 1 | MT1101 | 0.99 | 215021.05 | 7578170.06 | 373.17 |
| MCTR004 | 26 | 27 | 1 | MT1102 | 0.61 | 215020.31 | 7578170.73 | 373.15 |
| MCTR004 | 27 | 28 | 1 | MT1103 | 0.29 | 215019.56 | 7578171.4 | 373.12 |
| MCTR004 | 28 | 32 | 4 | MT1104 | 0.05 | 215017.71 | 7578173.07 | 373.06 |
| MCTR004 | 32 | 36 | 4 | MT1105 | 0.02 | 215014.73 | 7578175.75 | 373.06 |
| MCTR004 | 36 | 40 | 4 | MT1106 | 0.02 | 215011.76 | 7578178.43 | 373.17 |
| MCTR004 | 40 | 44 | 4 | MT1107 | 0.01 | 215008.79 | 7578181.1 | 373.28 |
| MCTR004 | 44 | 48 | 4 | MT1108 | 0.01 | 215005.82 | 7578183.78 | 373.39 |
| MCTR004 | 48 | 52 | 4 | MT1109 | 0.05 | 215002.84 | 7578186.46 | 373.5 |
| MCTR004 | 52 | 56 | 4 | MT1110 | 0.01 | 214999.87 | 7578189.13 | 373.61 |
| MCTR004 | 56 | 60 | 4 | MT1111 | 0.01 | 214996.9 | 7578191.81 | 373.72 |
| MCTR004 | 60 | 64 | 4 | MT1112 | 0.01 | 214993.93 | 7578194.49 | 373.82 |
| MCTR004 | 64 | 68 | 4 | MT1113 | 0.01 | 214990.95 | 7578197.16 | 373.93 |
| MCTR004 | 68 | 72 | 4 | MT1114 | 0.01 | 214987.98 | 7578199.84 | 374.04 |
| MCTR004 | 72 | 76 | 4 | MT1115 | 0.01 | 214985.01 | 7578202.52 | 374.19 |
| MCTR004 | 76 | 80 | 4 | MT1116 | 0.01 | 214982.03 | 7578205.19 | 374.27 |
| MCTR004 | 80 | 84.5 | 4.5 | MT1117 | 0.03 | 214978.88 | 7578208.04 | 374.31 |
| MCTR005 | 0 | 4 | 4 | MT1118 | 0.02 | 212676 | 7578529.03 | 373.12 |
| MCTR005 | 4 | 8 | 4 | MT1119 | 0.48 | 212680 | 7578529.1 | 373.12 |
| MCTR005 | 8 | 12 | 4 | MT1120 | 0.56 | 212684 | 7578529.17 | 372.99 |
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| MCTR005 | 12 | 13 | 1 | MT1121 | 0.33 | 212686.5 | 7578529.22 | 372.82 |
|---|---|---|---|---|---|---|---|---|
| MCTR005 | 13 | 14 | 1 | MT1122 | 0.44 | 212687.5 | 7578529.24 | 372.75 |
| MCTR005 | 14 | 15 | 1 | MT1123 | 0.43 | 212688.5 | 7578529.25 | 372.68 |
| MCTR005 | 15 | 16 | 1 | MT1124 | 0.06 | 212689.5 | 7578529.27 | 372.61 |
| MCTR005 | 16 | 20 | 4 | MT1125 | 0.04 | 212692 | 7578529.31 | 372.44 |
| MCTR005 | 20 | 21 | 1 | MT1126 | 0.02 | 212694.5 | 7578529.36 | 372.26 |
| MCTR005 | 21 | 22 | 1 | MT1127 | 0.02 | 212695.5 | 7578529.38 | 372.19 |
| MCTR005 | 22 | 23 | 1 | MT1128 | 0.01 | 212696.5 | 7578529.39 | 372.12 |
| MCTR005 | 23 | 24 | 1 | MT1129 | 0.01 | 212697.5 | 7578529.41 | 372.05 |
| MCTR005 | 24 | 25 | 1 | MT1130 | 0.01 | 212698.5 | 7578529.43 | 371.99 |
| MCTR005 | 25 | 26 | 1 | MT1131 | 0.01 | 212699.5 | 7578529.45 | 371.92 |
| MCTR005 | 26 | 27 | 1 | MT1132 | 0.01 | 212700.5 | 7578529.46 | 371.85 |
| MCTR005 | 27 | 28 | 1 | MT1133 | 0.01 | 212701.5 | 7578529.48 | 371.78 |
| MCTR005 | 28 | 29 | 1 | MT1134 | 0.02 | 212702.5 | 7578529.5 | 371.71 |
| MCTR005 | 29 | 30 | 1 | MT1135 | 0.02 | 212703.5 | 7578529.51 | 371.64 |
| MCTR005 | 30 | 31 | 1 | MT1136 | 0.01 | 212704.5 | 7578529.53 | 371.57 |
| MCTR005 | 31 | 32 | 1 | MT1137 | 0.03 | 212705.5 | 7578529.55 | 371.5 |
| MCTR005 | 32 | 36 | 4 | MT1138 | 0.16 | 212707.99 | 7578529.59 | 371.33 |
| MCTR005 | 36 | 37 | 1 | MT1139 | 0.26 | 212710.49 | 7578529.64 | 371.33 |
| MCTR005 | 37 | 38 | 1 | MT1140 | 0.06 | 212711.49 | 7578529.65 | 371.31 |
| MCTR005 | 38 | 39 | 1 | MT1141 | 0.04 | 212712.49 | 7578529.67 | 371.28 |
| MCTR006 | 0 | 4 | 4 | MT1142 | 0.01 | 212676.99 | 7578634.17 | 369.79 |
| MCTR006 | 4 | 8 | 4 | MT1143 | 0.02 | 212680.98 | 7578634.52 | 370.07 |
| MCTR006 | 8 | 12 | 4 | MT1144 | 0.29 | 212684.96 | 7578634.87 | 370.34 |
| MCTR006 | 12 | 16 | 4 | MT1145 | 0.18 | 212688.95 | 7578635.22 | 370.62 |
| MCTR006 | 16 | 20 | 4 | MT1146 | 0.16 | 212692.93 | 7578635.57 | 370.89 |
| MCTR006 | 20 | 24 | 4 | MT1147 | 0.17 | 212696.92 | 7578635.92 | 371.17 |
| MCTR006 | 24 | 25 | 1 | MT1148 | 6.58 | 212699.41 | 7578636.14 | 371.34 |
| MCTR006 | 25 | 26 | 1 | MT1149 | 4.33 | 212700.4 | 7578636.22 | 371.41 |
| MCTR006 | 26 | 27 | 1 | MT1150 | 0.49 | 212701.4 | 7578636.31 | 371.48 |
| MCTR006 | 27 | 28 | 1 | MT1151 | 1.67 | 212702.4 | 7578636.4 | 371.54 |
| MCTR006 | 28 | 29 | 1 | MT1152 | 1.04 | 212703.39 | 7578636.48 | 371.61 |
| MCTR006 | 29 | 30 | 1 | MT1153 | 0.38 | 212704.39 | 7578636.57 | 371.68 |
| MCTR006 | 30 | 31 | 1 | MT1154 | 0.82 | 212705.38 | 7578636.66 | 371.75 |
| MCTR006 | 31 | 32 | 1 | MT1155 | 1.13 | 212706.38 | 7578636.75 | 371.82 |
| MCTR006 | 32 | 33 | 1 | MT1156 | 0.26 | 212707.38 | 7578636.83 | 371.89 |
| MCTR006 | 33 | 37 | 4 | MT1157 | 0.09 | 212709.87 | 7578637.05 | 372.06 |
| MCTR006 | 37 | 41 | 4 | MT1158 | 0.12 | 212713.85 | 7578637.4 | 372.33 |
| MCTR007 | 0 | 4 | 4 | MT1159 | 0.04 | 211730.38 | 7577363.18 | 381.21 |
| MCTR007 | 4 | 5 | 1 | MT1160 | 0.01 | 211728.36 | 7577364.65 | 381.47 |
| MCTR007 | 5 | 6 | 1 | MT1161 | 0.01 | 211727.55 | 7577365.23 | 381.57 |
| MCTR007 | 6 | 7 | 1 | MT1162 | 0.01 | 211726.74 | 7577365.82 | 381.66 |
| MCTR007 | 7 | 8 | 1 | MT1163 | 0.02 | 211725.93 | 7577366.41 | 381.71 |
| MCTR007 | 8 | 12 | 4 | MT1164 | 0.02 | 211723.91 | 7577367.88 | 381.83 |
| MCTR007 | 12 | 16 | 4 | MT1165 | 0.01 | 211720.67 | 7577370.23 | 382.02 |
| MCTR007 | 16 | 20 | 4 | MT1166 | 0.01 | 211717.44 | 7577372.58 | 382.21 |
10
==> picture [113 x 43] intentionally omitted <==
| MCTR007 | 20 | 24 | 4 | MT1167 | 0.01 | 211714.2 | 7577374.93 | 382.4 |
|---|---|---|---|---|---|---|---|---|
| MCTR007 | 24 | 28 | 4 | MT1168 | 0.03 | 211710.97 | 7577377.28 | 382.55 |
| MCTR007 | 28 | 32 | 4 | MT1169 | 0.28 | 211707.73 | 7577379.63 | 382.66 |
| MCTR007 | 32 | 36 | 4 | MT1170 | 0.01 | 211704.49 | 7577381.98 | 382.77 |
| MCTR007 | 36 | 37 | 1 | MT1171 | 0.16 | 211702.47 | 7577383.45 | 382.84 |
| MCTR007 | 37 | 38 | 1 | MT1172 | 0.57 | 211701.66 | 7577384.04 | 382.86 |
| MCTR007 | 38 | 39 | 1 | MT1173 | 1.11 | 211700.85 | 7577384.63 | 382.89 |
| MCTR007 | 39 | 40 | 1 | MT1174 | 0.34 | 211700.04 | 7577385.22 | 382.92 |
| MCTR007 | 40 | 44 | 4 | MT1175 | 0.08 | 211698.02 | 7577386.69 | 382.99 |
| MCTR007 | 44 | 48 | 4 | MT1176 | 0.08 | 211694.79 | 7577389.04 | 382.9 |
| MCTR007 | 48 | 49 | 1 | MT1177 | 0.05 | 211692.76 | 7577390.51 | 382.84 |
| MCTR007 | 49 | 50 | 1 | MT1178 | 0.12 | 211691.95 | 7577391.1 | 382.81 |
| MCTR007 | 50 | 51 | 1 | MT1179 | 0.46 | 211691.14 | 7577391.68 | 382.78 |
| MCTR008 | 0 | 4 | 4 | MT1180 | 0.07 | 211686.45 | 7577254.26 | 382.99 |
| MCTR008 | 4 | 8 | 4 | MT1181 | 0.21 | 211683.34 | 7577256.78 | 383.28 |
| MCTR008 | 8 | 12 | 4 | MT1182 | 0.03 | 211680.23 | 7577259.29 | 383.57 |
| MCTR008 | 12 | 16 | 4 | MT1183 | 0.04 | 211677.12 | 7577261.81 | 383.87 |
| MCTR008 | 16 | 20 | 4 | MT1184 | 0.01 | 211674.01 | 7577264.33 | 384.16 |
| MCTR008 | 20 | 24 | 4 | MT1185 | 0.01 | 211670.9 | 7577266.85 | 384.45 |
| MCTR008 | 24 | 28 | 4 | MT1186 | -0.01 | 211667.79 | 7577269.36 | 384.74 |
| MCTR008 | 28 | 32 | 4 | MT1187 | 0.01 | 211664.69 | 7577271.88 | 385.03 |
| MCTR008 | 32 | 36 | 4 | MT1188 | 0.01 | 211661.58 | 7577274.4 | 385.3 |
| MCTR008 | 36 | 40 | 4 | MT1189 | 0.01 | 211658.47 | 7577276.91 | 385.4 |
| MCTR008 | 40 | 44 | 4 | MT1190 | 0.01 | 211655.36 | 7577279.43 | 385.51 |
| MCTR008 | 44 | 48 | 4 | MT1191 | 0.13 | 211652.25 | 7577281.95 | 385.61 |
| MCTR008 | 48 | 52 | 4 | MT1192 | 0.13 | 211649.14 | 7577284.47 | 385.67 |
| MCTR008 | 52 | 54 | 2 | MT1193 | 0.02 | 211646.81 | 7577286.35 | 385.69 |
| MCTR008 | 54 | 55 | 1 | MT1194 | 0.02 | 211645.65 | 7577287.3 | 385.7 |
| MCTR008 | 55 | 56 | 1 | MT1195 | 0.02 | 211644.87 | 7577287.93 | 385.68 |
| MCTR008 | 56 | 57 | 1 | MT1196 | 0.07 | 211644.09 | 7577288.56 | 385.64 |
| MCTR008 | 57 | 58 | 1 | MT1197 | 0.02 | 211643.31 | 7577289.19 | 385.6 |
| MCTR008 | 58 | 62 | 4 | MT1198 | 0.06 | 211641.37 | 7577290.76 | 385.5 |
| MCTR008 | 62 | 64 | 2 | MT1199 | 0.33 | 211639.04 | 7577292.65 | 385.37 |
| MCTR009 | 0 | 4 | 4 | MT1200 | 0.01 | 210204.85 | 7579406.19 | 374.17 |
| MCTR009 | 4 | 8 | 4 | MT1201 | 0.01 | 210206.54 | 7579402.56 | 373.94 |
| MCTR009 | 8 | 12 | 4 | MT1202 | 0.01 | 210208.23 | 7579398.94 | 373.71 |
| MCTR009 | 12 | 16 | 4 | MT1203 | 0.01 | 210209.92 | 7579395.31 | 373.46 |
| MCTR009 | 16 | 20 | 4 | MT1204 | -0.01 | 210211.61 | 7579391.69 | 373.05 |
| MCTR009 | 20 | 24 | 4 | MT1205 | -0.01 | 210213.3 | 7579388.06 | 372.63 |
| MCTR009 | 24 | 28 | 4 | MT1206 | 0.01 | 210214.99 | 7579384.44 | 372.22 |
| MCTR009 | 28 | 32 | 4 | MT1207 | 0.01 | 210216.68 | 7579380.81 | 371.83 |
| MCTR009 | 32 | 36 | 4 | MT1208 | 0.01 | 210218.37 | 7579377.19 | 371.54 |
| MCTR009 | 36 | 40 | 4 | MT1209 | 0.01 | 210220.06 | 7579373.56 | 371.25 |
| MCTR009 | 40 | 44 | 4 | MT1210 | -0.01 | 210221.75 | 7579369.94 | 370.96 |
| MCTR009 | 44 | 48 | 4 | MT1211 | 0.01 | 210223.44 | 7579366.31 | 370.67 |
| MCTR009 | 48 | 52 | 4 | MT1212 | 0.01 | 210225.13 | 7579362.68 | 370.39 |
11
==> picture [113 x 43] intentionally omitted <==
| MCTR009 | 52 | 56 | 4 | MT1213 | 0.01 | 210226.82 | 7579359.06 | 370.22 |
|---|---|---|---|---|---|---|---|---|
| MCTR009 | 56 | 60 | 4 | MT1214 | -0.01 | 210228.51 | 7579355.43 | 370.04 |
| MCTR009 | 60 | 64 | 4 | MT1215 | -0.01 | 210230.2 | 7579351.81 | 369.87 |
| MCTR009 | 64 | 68 | 4 | MT1216 | -0.01 | 210231.89 | 7579348.18 | 369.76 |
| MCTR009 | 68 | 72 | 4 | MT1217 | -0.01 | 210233.58 | 7579344.56 | 369.71 |
| MCTR009 | 72 | 76 | 4 | MT1218 | 0.01 | 210235.27 | 7579340.93 | 369.66 |
| MCTR009 | 76 | 80 | 4 | MT1219 | -0.01 | 210236.96 | 7579337.31 | 369.6 |
| MCTR009 | 80 | 84 | 4 | MT1220 | -0.01 | 210238.65 | 7579333.68 | 369.55 |
| MCTR009 | 84 | 88 | 4 | MT1221 | -0.01 | 210240.35 | 7579330.06 | 369.49 |
| MCTR009 | 88 | 92 | 4 | MT1222 | 0.01 | 210242.04 | 7579326.43 | 369.44 |
| MCTR009 | 92 | 96 | 4 | MT1223 | -0.01 | 210243.73 | 7579322.81 | 369.39 |
| MCTR009 | 96 | 100 | 4 | MT1224 | 0.01 | 210245.42 | 7579319.18 | 369.33 |
| MCTR009 | 100 | 102 | 2 | MT1225 | -0.01 | 210246.68 | 7579316.46 | 369.29 |
Table 5: Schedule of tenements acquired from Codrus .
| TENID | TYPE | SURVSTATUS | TENSTATUS | HOLDERCNT | HOLDER1 |
|---|---|---|---|---|---|
| P 4602339 | PROSPECTING LICENCE | UNSURVEYED | PENDING |
1 | MOHO RESOURCES LIMITED |
| P 4602340 | PROSPECTING LICENCE | UNSURVEYED | PENDING |
1 | MOHO RESOURCES LIMITED |
| P 4602341 | PROSPECTING LICENCE | UNSURVEYED | PENDING |
1 | MOHO RESOURCES LIMITED |
| P 4602342 | PROSPECTING LICENCE | UNSURVEYED | PENDING |
1 | MOHO RESOURCES LIMITED |
| P 4602343 | PROSPECTING LICENCE | UNSURVEYED | PENDING |
1 | MOHO RESOURCES LIMITED |
| P 4602344 | PROSPECTING LICENCE | UNSURVEYED | PENDING |
1 | MOHO RESOURCES LIMITED |
| P 4602345 | PROSPECTING LICENCE | UNSURVEYED | PENDING |
1 | MOHO RESOURCES LIMITED |
| P 4602346 | PROSPECTING LICENCE | UNSURVEYED | PENDING |
1 | MOHO RESOURCES LIMITED |
| P 4602347 | PROSPECTING LICENCE | UNSURVEYED | PENDING |
1 | MOHO RESOURCES LIMITED |
| P 4602348 | PROSPECTING LICENCE | UNSURVEYED | PENDING |
1 | MOHO RESOURCES LIMITED |
| P 4602349 | PROSPECTING LICENCE | UNSURVEYED | PENDING |
1 | MOHO RESOURCES LIMITED |
| P 4602350 | PROSPECTING LICENCE | UNSURVEYED | PENDING |
1 | MOHO RESOURCES LIMITED |
| P 4602351 | PROSPECTING LICENCE | UNSURVEYED | PENDING |
1 | MOHO RESOURCES LIMITED |
| P 4602352 | PROSPECTING LICENCE | UNSURVEYED | PENDING |
1 | MOHO RESOURCES LIMITED |
| P 4602353 | PROSPECTING LICENCE | UNSURVEYED | PENDING |
1 | MOHO RESOURCES LIMITED |
This ASX announcement has been authorised for release by the Board of Moho Resources Limited.
For further information, please contact:
| Mr Peter Christie | Gareth Quinn |
|---|---|
| Chairman | Investor Relations |
| Moho Resources Limited | [email protected] |
| [email protected] | 0417 711 108 |
Competent Persons Statements
12
==> picture [113 x 43] intentionally omitted <==
The information in this report that relates to Exploration Results and Exploration Targets is based on information compiled by Mr. Graeme Hardwick. Mr. Hardwick is a Member of Australian Institute of Geoscientists (MAIG) and Moho Resource’s Exploration Manager and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr. Hardwick consents to the inclusion in the report of the matters based on his information in the form and context in which it appears Forward-Looking Statements
This document may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning Moho Resources Limited’s planned exploration program and other statements that are not historical facts. When used in this document, words such as "could," "plan," "expect," "intend," "may”, "potential," "should," and similar expressions are forward-looking statements. Although Moho believes that its expectations reflected in these forward- looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that further exploration activities will result in the actual values, results or events expressed or implied in this document.
About Moho Resources
Moho Resources Ltd is an Australian natural resources company advancing early-stage gold and other metals projects in Western Australia through exploration towards development. Moho controls a 100% interest of its portfolio. The Bush Chook Gold Project in the Pilbara Craton is currently the company’s priority focus area. Moho’s Board is chaired by Mr Peter Christie, a qualified accountant and tax agent and highly successful businessman. He has served on the boards of several public companies in the resource sector since 2006 and is the current club president of WAFL club, the South Fremantle Bulldogs. Mr Christie is joined on the Board by Mr Bryce Gould and Ms Greta Purich. Mr Gould is an experienced corporate advisor who has a long track record of helping small-cap companies to meet their capital raising goals and engage and attract investors. Ms Purich is an experienced geologist and mining engineer bringing technical expertise to the company’s direction and project development.
13
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JORC Code, 2012 Edition – Table 1: Bush Chook Project
Section 1 Sampling Techniques and Data
(Criteria in this section apply to all succeeding sections.)
| Criteria | JORC Code explanation | JORC Code explanation | Commentary | Commentary |
|---|---|---|---|---|
| Sampling | • | Nature and quality of sampling (eg cut | • | Tench samples were collected from 9 |
| techniques | channels, random chips, or specific specialized | different costean over areas of anomalous | ||
| industry standard measurement tools | surface geochemistry trends. Samples | |||
| appropriate to the minerals under investigation, | were collected using a hand pick every few | |||
| such as down hole gamma sondes, or handheld | centimetres along the costean wall and | |||
| XRF instruments, etc). These examples should | composited into 1m to 5m composite | |||
| not be taken as limiting the broad meaning of | samples. Samples were sent to ALS Perth | |||
| sampling. | for 50g fire assay method and four acid | |||
| • | Include reference to measures taken to ensure | ICP-MS. | ||
| sample representivity and the appropriate | • | Rock chip sample have had brief | ||
| calibration of any measurement tools or | geological descriptions to provide | |||
| systems used. | geological context. They were sent to ALS | |||
| • | Aspects of the determination of mineralisation that are Material to the Public Report. In cases |
Perth for 50g fire assay and four acid ICP- MS |
||
| where ‘industry standard’ work has been done | ||||
| this would be relatively simple (eg ‘reverse | ||||
| circulation drilling was used to obtain 1 m | ||||
| samples from which 3 kg was pulverised to | ||||
| produce a 30 g charge for fire assay’). In other | ||||
| cases more explanation may be required, such | ||||
| as where there is coarse gold that has inherent | ||||
| sampling problems. Unusual commodities or | ||||
| mineralisation types (eg submarine nodules) | ||||
| may warrant disclosure of detailed information. | ||||
| Drilling | • | Drill type (eg core, reverse circulation, open- | • | Reverse circulation drilling rig (Schramm |
| techniques | hole hammer, rotary air blast, auger, Bangka, | 685) using a face sampling hammer. | ||
| sonic, etc) and details (eg core diameter, triple | ||||
| or standard tube, depth of diamond tails, face- | ||||
| sampling bit or other type, whether core is | ||||
| oriented and if so, by what method, etc). | ||||
| Drill sample | • |
Method of recording and assessing core and | • | RC samples were collected on 1m intervals |
| recovery | chip sample recoveries and results assessed. | down hole. Samples were collected by a | ||
| • | Measures taken to maximise sample recovery and ensure representative nature of the |
face sampling hammer and returned through a cyclone splitter, then into calico bags. |
||
| samples. | • | Duplicate samples were collected at a rate of | ||
| • | Whether a relationship exists between sample | 4 per 100 metres drilled. | ||
| recovery and grade and whether sample bias | ||||
| may have occurred due to preferential loss/gain | ||||
| of fine/coarse material. | ||||
| Logging | • | Whether core and chip samples have been | • | All trench, rock chip, and RC samples have a |
| geologically and geotechnically logged to a | qualitative geological description. | |||
| level of detail to support appropriate Mineral | ||||
| Resource estimation, mining studies and | ||||
| metallurgical studies. | ||||
| • | Whether logging is qualitative or quantitative in | |||
| nature. Core (or costean, channel, etc) | ||||
| photography. | ||||
| • | The total length and percentage of the relevant | |||
| intersections logged. |
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| Criteria | JORC Code explanation | JORC Code explanation | Commentary | Commentary |
|---|---|---|---|---|
| Sub- | • | If core, whether cut or sawn and whether | • | Rock chip and trench samples were |
| sampling | quarter, half or all core taken. | collected from_in situ_outcropping material. | ||
| techniques and sample preparation |
• | If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. |
No field standards or duplicate where used. 1-3 kg of material was collected from each site over an approximate 10m area. |
|
| • • |
For all sample types, the nature, quality and appropriateness of the sample preparation technique. Quality control procedures adopted for all sub- |
• | All RC samples were split using a rig- mounted cyclone splitter, 1-3kg of material was collected from each metre interval and collected in a calico bag. |
|
| sampling stages to maximise representivity of | ||||
| samples. | ||||
| • | Measures taken to ensure that the sampling is | |||
| representative of the in situ material collected, | ||||
| including for instance results for field | ||||
| duplicate/second-half sampling. | ||||
| • | Whether sample sizes are appropriate to the | |||
| grain size of the material being sampled. | ||||
| Quality of | • | The nature, quality and appropriateness of the | • | Rock chip and trench samples were assayed |
| assay data | assaying and laboratory procedures used and | in ALS Pert for 50g fire assay and four acid | ||
| and | whether the technique is considered partial or | ICP-MS. | ||
| laboratory tests |
• | total. For geophysical tools, spectrometers, handheld |
• |
RC duplicate samples were collected at a rate of 4 per 100 samples. |
| XRF instruments, etc, the parameters used in | ||||
| determining the analysis including instrument | ||||
| make and model, reading times, calibrations | ||||
| factors applied and their derivation, etc. | ||||
| • | Nature of quality control procedures adopted | |||
| (eg standards, blanks, duplicates, external | ||||
| laboratory checks) and whether acceptable | ||||
| levels of accuracy (ie lack of bias) and precision | ||||
| have been established. | ||||
| Verification of sampling and assaying |
• • |
The verification of significant intersections by either independent or alternative company personnel. The use of twinned holes. |
• • |
A samples information was entered into Microsoft excel and stored in a Microsoft access database on the company server. Standard data entry temples were used to ensure consistent data entry. |
| • | Documentation of primary data, data entry | |||
| procedures, data verification, data storage | ||||
| (physical and electronic) protocols. | ||||
| • | Discuss any adjustment to assay data. | |||
| Location of | • | Accuracy and quality of surveys used to locate | • | Sample and collar locations were |
| data points | drill holes (collar and down-hole surveys), | determined by hand held GPS with an error | ||
| trenches, mine workings and other locations | of ~2-5m. | |||
| used in Mineral Resource estimation. | • | MGA94 Zone 51 | ||
| • | Specification of the grid system used. | |||
| • | Quality and adequacy of topographic control. | |||
| Data | • | Data spacing for reporting of Exploration | • | Tench samples were collected every few |
| spacing and | Results. | centimetres and composited in to 1m to 5m | ||
| distribution | • | Whether the data spacing and distribution is | composit samples. | |
| sufficient to establish the degree of geological | • | RC holes were spaced at minimum 80m | ||
| and grade continuity appropriate for the Mineral | intervals and drilled at 60 degrees to the | |||
| Resource and Ore Reserve estimation | north. | |||
| procedure(s) and classifications applied. | ||||
| • | Whether sample compositing has been applied. |
15
==> picture [113 x 43] intentionally omitted <==
| Criteria | JORC Code explanation | JORC Code explanation | Commentary | Commentary |
|---|---|---|---|---|
| Orientation | • | Whether the orientation of sampling achieves | • | Rock chip samples were taken along the |
| of data in | unbiased sampling of possible structures and | strike of the outcropping quartz veins. | ||
| relation to geological structure |
• | the extent to which this is known, considering the deposit type. If the relationship between the drilling |
• | Trench and RC samples were collected perpendicular to the strike of the anomalous quartz veins and surface geochemistry |
| orientation and the orientation of key | trends. | |||
| mineralised structures is considered to have | ||||
| introduced a sampling bias, this should be | ||||
| assessed and reported if material. | ||||
| Sample | • | The measures taken to ensure sample security. | • | Moho’s geologist transported the samples to |
| security | the laboratory. | |||
| Audits or | • | The results of any audits or reviews of sampling | • |
Available data has been reviewed by |
| reviews | techniques and data. | company geologist. |
16
==> picture [113 x 43] intentionally omitted <==
Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section).
| Criteria | JORC Code explanation | JORC Code explanation | Commentary | Commentary |
|---|---|---|---|---|
| Mineral | • | Type, reference name/number, location and | • | The Bush Chook Project encompassed |
| tenement and | ownership including agreements or material | part of the Bonney Downs Pastoral Lease, | ||
| land tenure | issues with third parties such as joint | The Palyku and Palyku #2 and Nyamal | ||
| status | ventures, partnerships, overriding royalties, | Palyku Native Title groups, and some | ||
| native title interests, historical sites, | miscellaneous licences owned by AIM | |||
| wilderness or national park and | Mining. It is expected that agreements will | |||
| environmental settings. | be reached with these parties to enable | |||
| • | The security of the tenure held at the time of reporting along with any known impediments |
the tenements to be granted and exploration work to occur. |
||
| to obtaining a licence to operate in the area. | • | The twenty-six of the licences have been | ||
| granted with no native title or pastoralist | ||||
| conditions. The remaining applications | ||||
| are still pending; land access and | ||||
| heritage agreements have not yet been | ||||
| finalised. | ||||
| Exploration | • | Acknowledgment and appraisal of | • | The project has predominantly been |
| done by other | exploration by other parties. | explored for gold mineralisation using a | ||
| parties | variety of surface techniques which have | |||
| outlined several anomalous and | ||||
| mineralised zones within the project. | ||||
| Adequate drill testing of these areas has | ||||
| not taken place. | ||||
| Geology | • | Deposit type, geological setting and style of | • | Turbidite-hosted orogenic gold and gold- |
| mineralisation. | antimony deposits are the principal | |||
| target. These are hosted within the | ||||
| Mesoarchean Mosquito Creek basin of | ||||
| the Pilbara Craton. Examples of | ||||
| mineralisation in the region include the | ||||
| Blue Spec, Gold Spec, and Golden Eagle | ||||
| deposits. | ||||
| Drill hole | • | A summary of all information material to the | • | Collar and trench sample locations are |
| Information | understanding of the exploration results | provided in the tables within this | ||
| including a tabulation of the following | document. | |||
| information for all Material drill holes: | ||||
o easting and northing of the drill hole |
||||
| collar | ||||
o elevation or RL (Reduced Level – |
||||
| elevation above sea level in metres) of | ||||
| the drill hole collar | ||||
o dip and azimuth of the hole |
||||
o down hole length and interception depth |
||||
o hole length. |
||||
| • | If the exclusion of this information is justified | |||
| on the basis that the information is not | ||||
| Material and this exclusion does not detract | ||||
| from the understanding of the report, the | ||||
| Competent Person should clearly explain | ||||
| why this is the case. | ||||
| Data | • | In reporting Exploration Results, weighting | • | The cut off for the significant trench |
| aggregation | averaging techniques, maximum and/or | intervals was done using >0.2ppm Au | ||
| methods | minimum grade truncations (eg cutting of | with no internal dilution. | ||
| high grades) and cut-off grades are usually | ||||
| Material and should be stated. |
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| Criteria | JORC Code explanation | JORC Code explanation | Commentary | Commentary |
|---|---|---|---|---|
| • | Where aggregate intercepts incorporate | • | Not applicable. | |
| short lengths of high grade results and | ||||
| longer lengths of low grade results, the | ||||
| procedure used for such aggregation should | ||||
| be stated and some typical examples of such | ||||
| aggregations should be shown in detail. | • | No metal equivalents have been reported. | ||
| • | The assumptions used for any reporting of | |||
| metal equivalent values should be clearly | ||||
| stated. | ||||
| Relationship | • | These relationships are particularly important | • |
Not applicable. |
| between | in the reporting of Exploration Results. | |||
| mineralisatio n widths and intercept lengths |
• • |
If the geometry of the mineralisation with respect to the drill hole angle is known, its nature should be reported. If it is not known and only the down hole |
• | The quartz veins and surface geochemical anomalies which were targeted by RC drilling are sub-vertical, RC drilling was done at 60 degrees to |
| lengths are reported, there should be a clear | intercept the veins at depth. | |||
| statement to this effect (eg ‘down hole | ||||
| length, true width not known’). | • | Not applicable. | ||
| Diagrams | • | Appropriate maps and sections (with scales) | • | Plan-view maps are presented showing |
| and tabulations of intercepts should be | the location of the project, the sample | |||
| included for any significant discovery being | locations and the gold results. | |||
| reported These should include, but not be | ||||
| limited to a plan view of drill hole collar | ||||
| locations and appropriate sectional views. | ||||
| Balanced | • | Where comprehensive reporting of all | • | Not applicable |
| reporting | Exploration Results is not practicable, | |||
| representative reporting of both low and high | ||||
| grades and/or widths should be practiced to | ||||
| avoid misleading reporting of Exploration | ||||
| Results. | ||||
| Other | • | Other exploration data, if meaningful and | • | GSWA geological maps, magnetic and |
| substantive | material, should be reported including (but | gravity data have been used to assist the | ||
| exploration | not limited to): geological observations; | interpretation of the target areas. | ||
| data | geophysical survey results; geochemical | |||
| survey results; bulk samples – size and | ||||
| method of treatment; metallurgical test | ||||
| results; bulk density, groundwater, | ||||
| geotechnical and rock characteristics; | ||||
| potential deleterious or contaminating | ||||
| substances. | ||||
| Further work | • | The nature and scale of planned further work | • |
Follow up work will include first pass |
| (eg tests for lateral extensions or depth | drilling, infill drilling to further define the | |||
| extensions or large-scale step-out drilling). | depth extent of mineralisation observed at | |||
| • | Diagrams clearly highlighting the areas of | surface. | ||
| possible extensions, including the main | ||||
| geological interpretations and future drilling | ||||
| areas, provided this information is not | ||||
| commercially sensitive. |
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