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MOHO RESOURCES LIMITED — Capital/Financing Update 2025
Aug 27, 2025
65359_rns_2025-08-27_b3dc966e-e3d4-4071-b25d-7ff0976c4653.pdf
Capital/Financing Update
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Moho Resources Ltd P. +61 8 9481 0389 ABN 81 156 217 971 E. [email protected] Office 3, 9 Loftus Street mohoresources.com.au West Leederville WA 6007 ASX MOH
ASX RELEASE | 28 August 2025
Moho stakes new gold project in Western Australia’s Pilbara Region.
Highlights
-
Moho has secured a non-dilutive high-grade gold project in the Pilbara Region of Western Australia, the Bush Chook Gold Project.
-
109 tenements have been pegged covering 225 km[2] in the Mosquito Creek Basin which hosts 2.4 million ounces (Moz) of gold in past production and current resources[1] . There is no active Native Title Determination over 33% of the Project.
-
Moho’s project surrounds the Mark Creasy-owned AIM Mining Nullagine Gold Project, which produced 543 Koz of gold @ 1.6 g/t between 2012 and 2019[2] and hosts the Blue Spec and Gold Spec Gold-Antimony Deposits (242 Kt Au @ 24.3 g/t Au and 1.6% Sb[3] ).
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AIM mining is active in the area with construction of a new mining camp, upgrading roads, and drilling. Additional infrastructure owned by AIM mining includes the 1.8 Mtpa Golden Eagle gold processing plant.
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The Project has demonstrated high-grade gold at surface:
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Two areas with gold mineralisation in historic rock chip samples >0.5 g/t up to 5.6 g/t Au .
-
Over 100 anomalous areas in historic soil and stream sediment samples covering a total area of ~4.6 km[2] ( >32 ppb up to 2.6 g/t Au ).
-
None of these areas have been drill tested.
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Moho will initiate an aggressive program of soil sampling, rock chip sampling, and geological mapping to generate drill targets.
Moho Resources Ltd (ASX:MOH) has secured a compelling opportunity to discover high-grade gold resources by securing the Bush Chook Gold Project in Western Australia’s Pilbara District, host to multiple gold mines and deposits including Northern Star’s 11.2 Moz Hemi Gold Project[4] .
Moho Resources Chairman, Mr Peter Christie said:
“The Bush Chook Gold Project represents a major new project for Moho Resources with no dilution of equity. We have identified high-grade gold and compelling soil anomalies in our review of historic exploration data. Our new acreage has never been drilled so our plan is to undertake an aggressive exploration program to generate drill targets.”
1 Source: DMPE MINDEX Database – Site Resource Estimates and Site Production
2 Source: https://aimmining.com.au/nullagine-gold-project/
3 Source: https://aimmining.com.au/blue-spec-project/
4 Mineral Resources and Ore Reserves estimates as released to the ASX in De Grey’s announcement “Hemi Gold Project Mineral Resource Estimate 2024” on 14 November 2024.
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The Bush Chook Gold Project
The project neighbours AIM Mining Corp’s Nullagine Gold Project, which produced 543 Koz of gold @ 1.6 g/t between 2012 and 2019 and serves the 1.8 Mtpa Golden Eagle gold processing plant which is in good condition. Other mine infrastructure includes a 10Mw power station, communications network, and water supply. The area has a well-established network of roads and tracks to the nearby townsite of Nullagine which is 200 km north of Newman.
AIM Mining is active in the region, currently constructing a new mining camp, upgrading roads and drilling at their Blue Spec Gold-Antimony Deposit (242 Koz Au @ 24.3 g/t Au and 1.6% Sb).
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Figure 1: Location of Moho Resource's Bush Chook Gold Project, AIM Mining’s tenements and other companies within the Mosquito Creek Basin (GSWA 500k Bedrock Geology Interpretation)
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Geology
The Pilbara Craton is one of Western Australia’s largest and best exposed Archean Cratons. It can broadly be subdivided into the older greenstone belts, granitic intrusions, and sedimentary basins.
The two largest sedimentary basins are the Mallina Basin, which host the 11.2 Moz Hemi gold deposits (acquired by Northern Star in May 2025 for A$5 billion[5] ) and the Mosquito Creek Basin, where Moho’s Bush Chook Gold Project is located.
There are at least two main gold mineralisation events in the Pilbara Craton, an older 3.4 Ga to 3.2 Ga event (e.g. Bamboo Creek, Warrawoona/Klondyke) and a younger 2.9 Ga to 2.8 Ga event which includes gold deposits found in the Mallina and Mosquito Creek Basins[6] .
The project contains a clastic sedimentary succession (the Mosquito Creek Formation), which includes pelites, psammites, and conglomerates which are subsequently intruded by a suite of younger felsic intrusions (the Bridget Suite).
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Figure 2: Significant rock chip results.
5 Refer ASX release dated 2 December 2024 Northern Star Agrees to Acquire De Grey
6 Blewett & Huston 1999, Deformation and gold mineralisation of the Archaean Pilbara Craton, Western Australia
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Figure 3: Gold assays from soil and stream sediment sampling.
Historic Sampling Results
Table 1: Significant historical rock chip sampling results
| Areport Number |
Company Sample Id |
Easting | Northing | Grid Id | Sample Type | Au ppb |
|---|---|---|---|---|---|---|
| 93700 | 800003 | 234478.9 | 7588148 | GDA94 z51 | ROCKCHIP | 501 |
| 127337 | R06260 | 229267 | 7580529 | GDA94 z51 | ROCKCHIP | 5606 |
| 127337 | X10627 | 228179 | 7580103 | GDA94 z51 | ROCKCHIP | 1717 |
| 127337 | X10626 | 228182 | 7580096 | GDA94 z51 | ROCKCHIP | 1482 |
| 127337 | X10604 | 229911 | 7580595 | GDA94 z51 | ROCKCHIP | 1481 |
The historical soil and stream sediment sample details can be found in the follow WAMEX reports: 67028, 72078, 74779, 74982, 77603, 78066, 79889, 80142, 81499, 81550, 81551, 81637, 81830, 81939, 81945, 81946, 81947, 81948, 81949, 81950, 81988, 81989, 81991, 81992, 81993, 81994, 81995, 81996, 81997, 81999, 82427, 82429, 82430, 82431, 82575, 82576, 82577, 82578, 82579, 82580, 82581, 82582, 82591, 82592, 82593, 82712, 82713, 82714, 82715, 82716, 82717, 82718, 82719, 82720, 82721, 82865, 82868, 82869, 84146, 84163, 88425, 88426, 88427, 88428, 98185, 101752, 103897, 105234, 106969, 112414, 114836 , 115986, 116834, 117452, 117814, 121318, 123985, 124105, 127337, 128258, and 128311.
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Tenement Schedule
| Tenement Status |
Holder | Tenement ID |
Tenement Status |
Holder | Tenement ID |
|
|---|---|---|---|---|---|---|
| Pending | Moho Resources Ltd | E 46/1606 | Pending | Moho Resources Ltd | P 46/2270 | |
| Pending | Moho Resources Ltd | E 46/1607 | Pending | Moho Resources Ltd | P 46/2271 | |
| Pending | Moho Resources Ltd | E 46/1608 | Pending | Moho Resources Ltd | P 46/2272 | |
| Pending | Moho Resources Ltd | P 46/2222 | Pending | Moho Resources Ltd | P 46/2273 | |
| Pending | Moho Resources Ltd | P 46/2223 | Pending | Moho Resources Ltd | P 46/2274 | |
| Pending | Moho Resources Ltd | P 46/2224 | Pending | Moho Resources Ltd | P 46/2275 | |
| Pending | Moho Resources Ltd | P 46/2225 | Pending | Moho Resources Ltd | P 46/2276 | |
| Pending | Moho Resources Ltd | P 46/2226 | Pending | Moho Resources Ltd | P 46/2277 | |
| Pending | Moho Resources Ltd | P 46/2227 | Pending | Moho Resources Ltd | P 46/2278 | |
| Pending | Moho Resources Ltd | P 46/2228 | Pending | Moho Resources Ltd | P 46/2279 | |
| Pending | Moho Resources Ltd | P 46/2229 | Pending | Moho Resources Ltd | P 46/2280 | |
| Pending | Moho Resources Ltd | P 46/2230 | Pending | Moho Resources Ltd | P 46/2281 | |
| Pending | Moho Resources Ltd | P 46/2231 | Pending | Moho Resources Ltd | P 46/2282 | |
| Pending | Moho Resources Ltd | P 46/2232 | Pending | Moho Resources Ltd | P 46/2283 | |
| Pending | Moho Resources Ltd | P 46/2233 | Pending | Moho Resources Ltd | P 46/2284 | |
| Pending | Moho Resources Ltd | P 46/2234 | Pending | Moho Resources Ltd | P 46/2285 | |
| Pending | Moho Resources Ltd | P 46/2235 | Pending | Moho Resources Ltd | P 46/2286 | |
| Pending | Moho Resources Ltd | P 46/2236 | Pending | Moho Resources Ltd | P 46/2287 | |
| Pending | Moho Resources Ltd | P 46/2237 | Pending | Moho Resources Ltd | P 46/2288 | |
| Pending | Moho Resources Ltd | P 46/2238 | Pending | Moho Resources Ltd | P 46/2289 | |
| Pending | Moho Resources Ltd | P 46/2239 | Pending | Moho Resources Ltd | P 46/2290 | |
| Pending | Moho Resources Ltd | P 46/2240 | Pending | Moho Resources Ltd | P 46/2291 | |
| Pending | Moho Resources Ltd | P 46/2241 | Pending | Moho Resources Ltd | P 46/2292 | |
| Pending | Moho Resources Ltd | P 46/2242 | Pending | Moho Resources Ltd | P 46/2293 | |
| Pending | Moho Resources Ltd | P 46/2243 | Pending | Moho Resources Ltd | P 46/2294 | |
| Pending | Moho Resources Ltd | P 46/2244 | Pending | Moho Resources Ltd | P 46/2295 | |
| Pending | Moho Resources Ltd | P 46/2245 | Pending | Moho Resources Ltd | P 46/2296 | |
| Pending | Moho Resources Ltd | P 46/2246 | Pending | Moho Resources Ltd | P 46/2297 | |
| Pending | Moho Resources Ltd | P 46/2247 | Pending | Moho Resources Ltd | P 46/2298 | |
| Pending | Moho Resources Ltd | P 46/2248 | Pending | Moho Resources Ltd | P 46/2299 | |
| Pending | Moho Resources Ltd | P 46/2249 | Pending | Moho Resources Ltd | P 46/2300 | |
| Pending | Moho Resources Ltd | P 46/2250 | Pending | Moho Resources Ltd | P 46/2301 | |
| Pending | Moho Resources Ltd | P 46/2251 | Pending | Moho Resources Ltd | P 46/2302 | |
| Pending | Moho Resources Ltd | P 46/2252 | Pending | Moho Resources Ltd | P 46/2303 | |
| Pending | Moho Resources Ltd | P 46/2253 | Pending | Moho Resources Ltd | P 46/2304 | |
| Pending | Moho Resources Ltd | P 46/2254 | Pending | Moho Resources Ltd | P 46/2305 | |
| Pending | Moho Resources Ltd | P 46/2255 | Pending | Moho Resources Ltd | P 46/2306 | |
| Pending | Moho Resources Ltd | P 46/2256 | Pending | Moho Resources Ltd | P 46/2307 | |
| Pending | Moho Resources Ltd | P 46/2257 | Pending | Moho Resources Ltd | P 46/2308 | |
| Pending | Moho Resources Ltd | P 46/2258 | Pending | Moho Resources Ltd | P 46/2309 | |
| Pending | Moho Resources Ltd | P 46/2259 | Pending | Moho Resources Ltd | P 46/2310 | |
| Pending | Moho Resources Ltd | P 46/2260 | Pending | Moho Resources Ltd | P 46/2311 | |
| Pending | Moho Resources Ltd | P 46/2261 | Pending | Moho Resources Ltd | P 46/2312 | |
| Pending | Moho Resources Ltd | P 46/2262 | Pending | Moho Resources Ltd | P 46/2313 | |
| Pending | Moho Resources Ltd | P 46/2263 | Pending | Moho Resources Ltd | P 46/2314 | |
| Pending | Moho Resources Ltd | P 46/2264 | Pending | Moho Resources Ltd | P 46/2315 | |
| Pending | Moho Resources Ltd | P 46/2265 | Pending | Moho Resources Ltd | P 46/2316 | |
| Pending | Moho Resources Ltd | P 46/2266 | Pending | Moho Resources Ltd | P 46/2317 | |
| Pending | Moho Resources Ltd | P 46/2267 | Pending | Moho Resources Ltd | P 46/2318 | |
| Pending | Moho Resources Ltd | P 46/2268 | Pending | Moho Resources Ltd | P 46/2319 | |
| Pending | Moho Resources Ltd | P 46/2269 | Pending | Moho Resources Ltd | P 46/2320 | |
| Pending | Moho Resources Ltd | P 46/2270 | Pending | Moho Resources Ltd | P 46/2321 | |
| Pending | Moho Resources Ltd | P 46/2271 | Pending | Moho Resources Ltd | P 46/2322 | |
| Pending | Moho Resources Ltd | P 46/2272 | Pending | Moho Resources Ltd | P 46/2323 | |
| Pending | Moho Resources Ltd | P 46/2273 | Pending | Moho Resources Ltd | P 46/2324 | |
| Pending | Moho Resources Ltd | P 46/2274 | Pending | Moho Resources Ltd | P 46/2325 | |
| Pending | Moho Resources Ltd | P 46/2275 | Pending | Moho Resources Ltd | P 46/2326 | |
| Pending | Moho Resources Ltd | P 46/2276 | Pending | Moho Resources Ltd | P 46/2327 |
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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
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 Geologist 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 exploration company exploring for gold and other minerals across Australia. 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. Moho has a strong and experienced Board with Mr Michael Pereira and Mr Bryce Gould, corporate advisors, both as Non-Executive Directors.
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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 | Commentary |
|---|---|---|
| Sampling | • Nature and quality of sampling (eg cut | •The surface samples presented are |
| technique s |
channels, random chips, or specific specialized industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as |
compiled from several WAMEX Areports (The original Areports should be consulted for detailed sampling techniques). This historic sampling is considered appropriate to generate |
| limiting the broad meaning of sampling. | avenues for follow up work on the | |
| • Include reference to measures taken to | Project. Rock chip samples are to be | |
| ensure sample representivity and the | considered grab samples of outcrop, | |
| appropriate calibration of any measurement tools or systems used. • Aspects of the determination of mineralisation that are Material to the Public |
subcrop or float material. Soil and stream sediment samples are collected from unconsolidated soil |
|
| Report. In cases where ‘industry standard’ | material. The samples have been | |
| work has been done this would be relatively | analysed in Western Australia by | |
| simple (eg ‘reverse circulation drilling was | reputable laboratories using a variety | |
| used to obtain 1 m samples from which 3 kg | of industry standard gold assay | |
| was pulverised to produce a 30 g charge for | methods. | |
| 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 |
•Rock chip sample have had brief geological descriptions to provide geological context. Soil and stream |
|
| mineralisation types (eg submarine nodules) | sediment samples have been sieved |
|
| may warrant disclosure of detailed | to a variety of size fractions to reduce | |
| information. | the effect of nuggety gold. | |
| •The sampling has not yet been | ||
| validated in the field by Moho | ||
| Resources. | ||
| Drilling | • Drill type (eg core, reverse circulation, open- | •Not applicable. |
| technique | hole hammer, rotary air blast, auger, | |
| s | Bangka, 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 | • Method of recording and assessing core and | •Not applicable |
| sample recovery |
chip sample recoveries and results assessed. |
•Not applicable. |
| • Measures taken to maximise sample recovery and ensure representative nature |
•Not applicable. | |
| of the samples. | ||
| • Whether a relationship exists between | ||
| sample 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 | •Not applicable |
| geologically andgeotechnically logged to a |
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| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| 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. | ||
| Sub- | • If core, whether cut or sawn and whether | •Not applicable. |
| sampling technique s and sample preparatio n |
quarter, half or all core taken. • If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry. • For all sample types, the nature, quality and |
•Soil and stream sediment samples were sieved in the field to a variety of particulate sizes to reduce the effect of nuggety gold and is considered |
| appropriateness of the sample preparation | appropriate for gold exploration. | |
| technique. | •Soil sampling is an industry standard | |
| • Quality control procedures adopted for all | technique utilised in first pass | |
| sub-sampling stages to maximise | geochemical sampling over suitable | |
| representivity of samples. | regolith landform regions. | |
| • Measures taken to ensure that the sampling | •A variety of QAQC measure have been | |
| is representative of the in situ material | implemented by the historic exploration | |
| collected, including for instance results for | groups and these methods are | |
| field duplicate/second-half sampling. | considered to be industry standard. | |
| • Whether sample sizes are appropriate to the | Further details are described in the |
|
| grain size of the material being sampled. | relevant Areports. | |
| Quality of | • The nature, quality and appropriateness of | •All samples were processed and |
| assay data and laboratory tests |
the assaying and laboratory procedures used and whether the technique is considered partial or total. • For geophysical tools, spectrometers, |
analysed in a variety of Western Australian Laboratories following protocols where are considered industry standard. Further details are described |
| handheld XRF instruments, etc, the | in the relevant Areports. | |
| 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. | ||
| Verificatio | • The verification of significant intersections | •Not applicable. |
| n of sampling and assaying |
by either independent or alternative company personnel. • The use of twinned holes. • Documentation of primary data, data entry |
•Not applicable. •The data from the Areports was carefully compiled by Moho Resource’s geologist. |
| procedures, data verification, data storage | •In some instances, gold assay units | |
| (physical and electronic) protocols. | were converted from PPM to PPB using | |
| • Discuss any adjustment to assay data. | the multiplication factor of 1000. | |
| Location | • Accuracy and quality of surveys used to | •Sample locations are taken from the |
| of data points |
locate drill holes (collar and down-hole surveys), trenches, mine workings and other |
Areports, these locations were validated against tenement boundaries to ensure |
| locations used in Mineral Resource | the general location is correct. | |
| estimation. | •MGA94 Zone 51 | |
| • Specification of the grid system used. | •Not applicable | |
| • Quality and adequacy of topographic |
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| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| control. | ||
| Data | • Data spacing for reporting of Exploration | •The soil sampling has taken are a |
| spacing and distributio n |
Results. • Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate |
variety of spacing include 80mx20m, 760mx20m, 360mx80m, and 40mx200m •This sample spacing is sufficient for |
| for the Mineral Resource and Ore Reserve | first-pass soil sampling for gold | |
| estimation procedure(s) and classifications | exploration. | |
| applied. | •Not applicable. | |
| • Whether sample compositing has been | •Some soil samples were composited | |
| applied. | over a 40m area to combine into one | |
| sample. | ||
| Orientatio n of data in relation to geological structure |
• Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type. • If the relationship between the drilling |
•Sampling was general planned perpendicular to the structural and bedding trends of the Mosquito Creek Formation |
| orientation and the orientation of key | ||
| mineralised structures is considered to have | •Not applicable. | |
| introduced a sampling bias, this should be | ||
| assessed and reported if material. | ||
| Sample | • The measures taken to ensure sample | •Some details are described in the |
| security | security. | relevant Areports. |
| Audits or | • The results of any audits or reviews of | •Available data has been reviewed by |
| reviews | sampling techniques and data. | company geologist. |
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Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)
| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Mineral | • Type, reference name/number, location | •The Bush Chook Project encompassed |
| tenemen t and land tenure status |
and ownership including agreements or material issues with third parties such as joint ventures, partnerships, overriding royalties, native title interests, historical |
part of the Bonney Downs Pastoral Lease, The Palyku and Palyku #2 and Nyamal Palyku Native Title groups, and some miscellaneous licences owned by |
| sites, wilderness or national park and | AIM Mining. It is expected that | |
| environmental settings. | agreements will be reached with these | |
| • The security of the tenure held at the | parties to enable the tenements to be | |
| time of reporting along with any known | granted and exploration work to occur. | |
| impediments to obtaining a licence to | •The licences are all pending applications, | |
| operate in the area. | land access and heritage agreements | |
| have not yet been finalised. | ||
| Explorati | • Acknowledgment and appraisal of | •The project has predominantly been |
| on done by other parties |
exploration by other parties. | explored for gold mineralisation using a 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 | •Sediment-hosted orogenic gold and gold- |
| of 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 |
•Not applicable |
| Informati | the understanding of the exploration | |
| on | results including a tabulation of the | |
| following 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, | •No averaging or cut offs have been |
| aggregat ion methods |
weighting averaging techniques, maximum and/or minimum grade truncations (eg cutting of high grades) |
applied to the data. |
| and cut-off grades are usually Material | •Not applicable. | |
| and should be stated. |
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| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| • Where aggregate intercepts incorporate | ||
| short lengths of high grade results and | ||
| longer lengths of low grade results, the | •No metal equivalents have been | |
| procedure used for such aggregation | reported. | |
| should be stated and some typical | ||
| examples of such aggregations should | ||
| be shown in detail. | ||
| • The assumptions used for any reporting | ||
| of metal equivalent values should be | ||
| clearly stated. | ||
| Relation | • These relationships are particularly | •Not applicable. |
| ship between minerali sation widths |
important in the reporting of Exploration Results. • If the geometry of the mineralisation with respect to the drill hole angle is known, |
•Not applicable. •Not applicable. |
| and | its nature should be reported. | |
| intercept | • If it is not known and only the down hole |
|
| lengths | lengths are reported, there should be a | |
| clear statement to this effect (eg ‘down | ||
| _hole length, true width not known’). _ | ||
| Diagram | • Appropriate maps and sections (with | •Plan-view maps are presented showing |
| s | scales) and tabulations of intercepts | the location of the project, the sample |
| should be included for any significant | locations and the gold results. | |
| discovery being reported These should | ||
| include, but not be limited to a plan view | ||
| of drill hole collar locations and | ||
| appropriate sectional views. | ||
| Balance | • Where comprehensive reporting of all | •Not applicable |
| d reportin g |
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 |
| substant ive explorati on data |
material, should be reported including (but not limited to): geological observations; geophysical survey results; geochemical survey results; bulk |
gravity data have been used to assist the interpretation of the target areas. |
| samples – size and method of treatment; | ||
| metallurgical test results; bulk density, | ||
| groundwater, geotechnical and rock | ||
| characteristics; potential deleterious or | ||
| contaminating substances. | ||
| Further | • The nature and scale of planned further | •Follow up field mapping is planned, |
| work | work (eg tests for lateral extensions or | which will include repeating historic soil |
| depth extensions or large-scale step-out | sampling, rock chip sampling, and | |
| drilling). | geological mapping. | |
| • Diagrams clearly highlighting the areas of | •Not applicable |
|
| possible extensions, including the main | ||
| geological interpretations and future | ||
| drilling areas, provided this information is | ||
| not commercially sensitive. |
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