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MOHO RESOURCES LIMITED Interim / Quarterly Report 2021

Jul 19, 2021

65359_rns_2021-07-19_6131c551-0e6e-4aa5-816a-5334d35b6c68.pdf

Interim / Quarterly Report

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INTERIM MINERAL RESOURCE ESTIMATE & SIGNIFICANT GROWTH POTENTIAL - EAST SAMPSON DAM

HIGHLIGHTS:

  • 264,000 t @ 2.5g/t Au for 21,600 ounces Au at 0.5g/t cut-off grade for Interim JORC 2012 Mineral Resource Estimate (MRE) at Moho’s 100%-owned East Sampson Dam (ESD) project

  • Mineralisation is open to the north, south and at depth

  • 70.2% (13,800 ounces) of MRE in Indicated category - provides scope to expedite mining at ESD

  • 93% (19,000 oz) of MRE located within softer, near-surface zones

  • MRE grade highly sensitive to cut-off, increasing to 4.3g/t Au for 18,700 oz Au at 1.0 g/t Au cut-off grade

NEXT STEPS

  • Appointment of Mine Engineer to commence Scoping Study to progress mine development at ESD using toll milling facility – July 2021

  • Aircore drill program at adjoining Tyrells and Hodges prospects testing 2.5km of gold anomalism defined by soil geochemistry - late July 2021

  • RC drill program at ESD to test extensions of mineralisation along strike to north and south and at depth - H2 2021

  • Aircore drill program to test multiple gold soil anomalies at Silver Swan North Project, including at Happs and Yalumba prospects southeast of ESD – H1 2022

“Completion of the interim JORC Mineral Resource Estimate marks a major milestone for Moho in advancing the East Sampson Dam prospect to potential gold production. Importantly there is significant potential to increase the resource estimate given mineralisation is open to the north, south and at depth. With that in mind, we are aggressively accelerating drill programs into H2 2021 while commencing a Scoping Study to progress mine development.”

  • Mr Shane Sadleir, Moho Managing Director

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Interim JORC 2012 Mineral Resource Estimate

Moho Resources Ltd (ASX:MOH) (Moho or the Company) is pleased to report the interim Mineral Resource Estimate (MRE) for East Sampson Dam (ESD) of 264,600 tonnes at 2.5g/t Au for 21,600 ounces Au at a 0.5g/t Au cut-off (Table 1). The MRE has been prepared by Moho’s Mineral Resource Consultant CSA Global Pty Ltd which is provided as a Memorandum in Appendix 1.

Domain Class Tonnes (kt) Au g/t Au Metal (koz)
OXIDE Indicated 68.4 2.3 5.0
Inferred 14.4 3.2 1.5
Total 82.9 2.4 6.4
LOWER SAPROLITE Indicated 81.7 2.0 5.3
Inferred 34.5 3.3 3.6
Total 116.2 2.4 9.0
TRANSITION Indicated 29.0 3.4 3.2
Inferred 18.2 3.9 2.3
Total 47.2 3.6 5.5
FRESH Indicated 6.6 1.3 0.3
Inferred 11.8 1.2 0.5
Total 18.4 1.2 0.7
TOTAL Indicated 185.7 2.3 13.8
Inferred 78.9 3.1 7.8
Total 264.6 2.5 21.6

Note: Data is reported to significant figures and differences may occur due to rounding.

Table 1 East Sampson Dam Mineral Resources by classification at a 0.5g/t Au cut-off, and current to July 14, 2021

Geology and Geological Interpretation

East Sampson Dam lies within the northwest-trending Kanowna Greenstone Belt on the eastern flanks of the Kanowna/Scotia Dome (Figure 1). This belt is one of several which make up the Boorara Domain of the Kalgoorlie Terrane. The greenstone belts of the Kalgoorlie Terrane are host to many world class nickel and gold deposits.

The Kanowna Belle, Gordon Sirdar, Mulgarrie and Gindalbie gold mining camps are all within 30 km of East Sampson Dam.

The Silver Swan North tenure covers approximately 8km strike of Achaean greenstone stratigraphy. The stratigraphic sequence recognised in the area comprises a lowermost succession of tholeiitic basalts and felsic to intermediate volcaniclastic rocks known as the Gindalbie Formation. These are overlain conformably by the Morelands Formation which consists of komatiitic ultramafic lavas and high magnesium basalts, with lesser units of intermediate intrusives and sediments.

The overall orientation of the stratigraphic sequence is north-northwest, generally dipping to the east, however local changes are observed. Structurally, the sequence is complex with numerous faults and shears of various orientations disrupting lithologies, as well as the added complication of early thrust faults which appear to repeat or duplicate the succession. There are a number of Proterozoic gabbroic dykes that cross cut the stratigraphy.

Gold appears to be associated with many of the lithological units in the area, including felsic intrusive rocks at Red Hill near Kanowna, in oligomictic conglomerates marginal to the acid complexes at Taurus and Kanowna and in fine-grained pyroclastic and clastic rocks in the Gindalbie area. The transitional zone between the Morelands and Gindalbie Formations is also a favourable region for gold mineralisation.

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Figure 1: Location of East Sampson Dam prospect in relation to Silver Swan North Project tenements and regional geology

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Tenement M27/263 hosts most of the local historical gold exploration. Gold is found to correlate with a quartzfeldspar porphyry, structurally associated with mafic intrusives at East Sampson Dam. Along strike from ESD, gold continues to be associated with fragmental volcanics and epiclastics.

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Figure 2: Flitch plans and long section showing grade distribution, interpreted faults, weathering profiles within the East Sampson Dam MRE

SWIR-VNIR spectral mineral data were recorded based on 4577 Moho pulp samples from 51 drill holes using the Terraspec Halo instrument.

The data were processed and interpreted using The Spectral Geologist (TSG) dedicated software. Mineral classification was completed with the identified two classes for the SWIR (Short Wave Infra-red) and one mineral class for the VNIR (Visible Near Infra-red) spectral ranges. These outputs were checked and refined, and where appropriate simplified, to provide a single SWIR spectral mineralogy classification.

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TSG also delivered a number of numerical scalar outputs that were used for further analysis of the composition of specific mineral groups, for example white mica and chlorites. Spectral mineralogy classifications were integrated with geological and geochemical information to update a regolith stratigraphy model and assist with further geological modelling. Regolith domaining has been completed on a drill hole basis. The mineral groups identified were further confined to major regolith zones including the Transported Overburden (TO), Upper Saprolite (US), Lower Saprolite (LS), Transition Zone (TR) and Fresh Rocks (FR).

Wireframe models have been generated for the purposes of aiding the deposit’s understanding and assisting the resource estimation. Geological, structural and mineralisation models were created using the available data in Micromine and leapfrog software packages.

Geological logs, geochemistry, downhole data (magsus, geophysics, photos etc) and mapped lithogeochemistry were all used to make sectional interpretations of the data, and group into broad stratigraphic categories.

A structural model was produced for ESD using available logging and downhole information including optical televiewer data. Three distinct Fault Sets were identified at ESD and modelled using sectional interpretation where possible.

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Figure3: Overview of East Sampson Dam Fault Sets

Mineralisation has been modelled using a combination of leapfrog implicit modelling and sectional interpretation. Leapfrog models were created using the available assay data and a structural trend 67/063 degrees. This trend was noted by CSA during structural data review and aligned with empirical observations of mineralisation. In the northern end of the deposit, sectional interpretation was used to improve accuracy of the models where implicit models were not considered representative. Four wireframes were produced in the following grade bins, 0.2 – 0.5g/t Au, 0.5 – 1.0g/t Au, 1.0 – 2.0g/t Au and >2.0g/t Au.

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Drilling, Sampling and Sample Analysis

Since commencement of drilling by Moho Resources at East Sampson Dam in 2018, 9 HQ and PQ sized diamond drillholes for 652.7m have been drilled from surface and 111 5.5” reverse circulation and 1 aircore hole (9921m) have been completed.

The holes were drilled at an inclination of -60° towards 250°and 270°, directions considered suitable to intersect the lithology and known mineralisation at an optimal angle. Sample recovery was very good, with only minor losses occurring at the surface. All holes were logged for lithology, alteration and structure, veining and mineralisation. Magnetic susceptibility and pXRF measurements were taken on selected intervals to aid lithological identification. Core was photographed before sampling.

Bulk samples from all Moho RC and AC holes were collected at 1m intervals in green plastic bags from below the cone splitter and generally were dry. 1m split samples were collected from the cone splitter in prenumbered calico bags. Duplicate split samples were regularly taken, at a minimum of 1 in 50 samples, showing acceptable levels of variation given the nuggety nature of gold in the area.

1 metre samples were taken from PQ core with one quarter cut for assay and half core cut for HQ core. In clayey horizons core was manually split using a putty knife and more competent zones were cut using an industry standard mechanised core saw. Duplicates were collected from drill core every 50m during the program. The remainder of core, and chip trays of each metre of RC drilling are retained for future checking and testwork.

Samples submitted to the assay laboratory were weighed, crushed and pulverized to +95% passing -75 micron. A 40g or 50g charge was selected for Fire Assay and AAS finish with a detection limit of 0.01 g/t Au. Assay reference standard material was inserted every 33 samples and showed good agreement with specifications. Blank samples were also inserted every 50 samples. Internal laboratory assay repeats demonstrated satisfactory agreement with first results and internal standards were in line with specifications.

Estimation Methodology

Information supplied to CSA Global by Moho included a validated database, quality assurance and quality control (QAQC) information and assessment, a density database including results from downhole gamma analysis, core measurements and moisture content analysis, 3D modelled Leapfrog wireframes for mineralisation as >0.2g/t Au grade shells, 3D modelled Leapfrog wireframes for geology and 3D modelled Leapfrog wireframes for structural faults.

CSA Global modelled weathering surfaces as 3D wireframes using GEMS software and updated the topographic surface.

A comprehensive statistical examination in Datamine’s Supervisor of all elements was completed, checking domaining by geology, weathering and within the mineralised shells. CSA Global note that the data values (assays) within the modelled mineralisation solids represent less than 15% of the total assay database. This potentially raises an issue with domaining within tight grade shells due to the relatively small population to derive valid statistical results. A total of 11,805 assays were used, of which 910 were coded within the mineralised shells >0.2g/t Au.

All available elements were statistically evaluated, and the decision was made to include Silver (Ag ppm) Arsenic (As ppm) and Sulphur (S%), as well as Gold (Au g/t) in the grade interpolations to understand any potential associations.

A top-cut to assay data was applied following analysis for Au on the data within the mineralised grade shells, split by the weathering domains.

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A framework for the block models was constructed using the parameters summarised in Figure 4 . The block model was rotated 10° to the west to better cover the strike of mineralisation as defined by the Leapfrog mineralisation models.

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Figure 4: East Sampson Dam MRE framework parameters

Density has been interpolated into the block model using information for in situ (wet) density (ISD) accumulated from down-hole gamma measurements, moisture content and measured historical dry bulk density (DBD) from diamond drill core. Density and moisture values were domained by both regolith and geology.

Models were interpolated using the Inverse Distance (ID2) method. As there was little correlation between the locations of the ISD samples, moisture content samples and DBD samples, the approach was to interpolate the models individually with real data, then inform the remaining blocks with calculated values based on the following equations -

DBD = ISD –(Moisture%/100)

ISD = DBD + (Moisture %/100)

Classification of the resource has been based on drill hole spacing, distance to nearest point for interpolation, slope of regression and kriging variance , as well as confidence in the geological model and continuity of the mineralisation. Figure 5 shows a long section looking east through the MRE.

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Figure 5: Long Section 63800E (looking East) showing MRE classification

Table 2 summarises the classified ID2 model Mineral Resources current to July 14, 2021, at a cut-off of 0.5g/t Au. Subsequently 70.2% of the global Mineral Resource has been classified as Indicated with the remainder as Inferred and reported according to the JORC Code 2012 Edition.

A 0.5 g/t cut off was applied when reporting the resource. This is based on the geometry, thickness and depth to which the mineralisation has been modelled, estimated grades, metallurgical recoveries, anticipated mining method and proximity to infrastructure.

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Figure 6: Global Grade-Tonnage curve

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Cut-
Of
Au
**g/t **
Oxide Lower Saprolite Lower Saprolite Lower Saprolite T ransito n Fresh Total Total
Kt Au
g/t
Au
Oz
Kt Au
g/t
Au
Oz
Kt Au
g/t
Au
Oz
Kt Au
g/t
Au
Oz
Kt Au
g/t
Au
Oz
1.0 41.7 4.1 5.5 57.4 4.1 7.7 25.4 6.1 5.0 10.1 1.6 0.5 134.7 4.3 18.7
0.5 82.9 2.4 6.4 116.2 2.4 9.0 26.7 5.9 5.0 10.9 1.6 0.6 264.6 2.5 21.6
0.2 204.9 1.1 7.6 278.9 1.1 10.6 30.7 5.2 5.1 12.8 1.5 0.6 641.5 1.2 25.3

Table 2: East Sampson Mineral Resource Estimate, reported at 0.2, 0.5 and 1.0 g/t Au cut-off

Note: Data is reported to significant figures and differences may occur due to rounding

NEXT STEPS

Appointment of Mine Engineer to commence Scoping Study to progress mine development at ESD– July 2021

Moho is encouraged by the Interim Mineral Resource Estimate for the ESD deposit arising from CSA Global’s detailed analysis of the exploration data and supporting information. ESD is favourably located close to mining contractors and infrastructure, including numerous current and proposed gold processing facilities (Fig. 7), some of which have entered into agreements to toll treat or purchase ore from other parties.

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Figure 7: Proximity of East Sampson Dam Gold Prospect in relation to gold treatment facilities in the Kalgoorlie area

The Company proposes to shortly appoint a qualified party experienced in open-cut gold mining and toll treatment to:

  • Arrange for and oversee pit optimisation on the current drilling information;

  • Make recommendations for any further RC drilling, metallurgical testwork and mining studies;

  • Undertake a Scoping Study on the economic benefits of mine development using a toll milling facility.

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Aircore drill program

An aircore rig from Gyro Australia Drilling has been contracted to begin drilling ~8,000m to test auger soil anomalies extending over about 2.5km on strike of and contiguous with the ESD mineralisation (Fig. 8). The soil anomalies are located on adjoining granted mining leases.

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Figure 8: Auger gold in soil anomalies to be targeted by aircore drilling northwest of East Sampson Dam prospect on M27/263 and M27/488

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RC drill program at ESD - H2 2021

As a result of the encouraging Interim Mineral Resource Estimate, Moho has prioritised an RC program at ESD to test extensions of mineralisation along strike to north and south and at depth.

Aircore drill program to test gold soil anomalism at Silver Swan North Project – H1 2022

Moho’s soil auger sampling program in 2020 has identified a number of soil anomalies within the Silver Swan North Project (Fig. 8). The Company plans to use aircore drilling to test these anomalies early in 2022, including the Happs and Yalumba prospects southeast of ESD on Moho’s 100%-owned E27/528, as well as on tenements under option from various prospectors proximal to ESD.

COMPETENT PERSONS STATEMENTS

The information in this document that relates to Exploration Results, geology and data compilation is based on information compiled by Ms Lyndal Money, a Competent Person who is a Member of The Australian Institute of Mining and Metallurgy. Ms Money is the Technical Manager for the Company, is a full-time employee and holds options in the Company. Ms Money has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which she is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Ms Money consents to the inclusion in this announcement of the matters based on this information in the form and context in which it appears.

The information in this announcement that relates to the East Sampson Dam Interim Mineral Resource Estimate is based on information compiled and generated by Ms Felicity Hughes, an associate of CSA Global Pty Ltd (“CSA”). CSA consents to the inclusion, form and context of the relevant information herein as derived from the original resource reports. Ms Hughes has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which is being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the JORC ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’.

This report contains information extracted from previous ASX market announcements reported in accordance with the JORC Code (2012) and available for viewing at www.mohoresources.com.au . Moho Resources confirms that in respect of these announcements it is not aware of any new information or data that materially affects the information included in any original ASX market announcement. The announcements are as follows: 8 November 2018, 16 November 2018, 19 December 2018, 27 November 2019, 4 February 2020, 11 February 2020, 16 April 2020, 22 June 2020, 29 June 2020, 10 July 2020, 16 July 2020, 25 August 2020, 27 August 2020, 10 September 2020, 30 September 2020, 1 October 2020, 3 November 2020, 9 November 2020, 19 November 2020, 3 December 2020, 12 January 2021, 2 February 2021, 2 March 2021, 30 March 2021 and 4 June 2021

MOHO’S INTEREST IN SILVER SWAN NORTH TENEMENTS

Moho is the 100% registered owner of granted tenements M27/263, E27/528, E27/626, P27/2232, P27/2390 & E27/613 and applications for E27/623, E27/633, E27/641, P27/2441, & P27/2456 all of which comprise the Silver Swan North Project. The Company has also signed option agreements to acquire M27/488, P27/2200, P27/2216, P27/2217, P27/2218, P27/2226 and P27/2229.

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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, the 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.

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ABOUT MOHO RESOURCES LTD

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Moho Resources Ltd is an Australian mining company which listed on the ASX in November 2018. The Company is focused on gold and nickel exploration at Empress Springs, Silver Swan North and Burracoppin.

Moho’s Board is chaired by Mr Terry Streeter, a well-known and highly successful West Australian businessman with extensive experience in funding and overseeing exploration and mining companies, including Jubilee Mines NL, Western Areas NL and Midas Resources Ltd.

Moho has a strong and experienced Board lead by geoscientist Shane Sadleir as Managing Director, Commercial Director Ralph Winter and Adrian Larking, lawyer and geologist, as Non-Executive Director.

Highly experienced geologist Lyndal Money (Technical Manager) is supported by leading industry consultant geophysicist Kim Frankcombe (ExploreGeo Pty Ltd) and experienced consultant geochemists Richard Carver (GCXplore Pty Ltd) and Dr Carl Brauhart (CSA Global Pty Ltd). Dr Jon Hronsky (OA) provides high level strategic and technical advice to Moho.

ENDS

The Board of Directors of Moho Resources Ltd authorised this announcement to be given to ASX.

For further information please contact:

Shane Sadleir, Managing Director Ralph Winter, Commercial Director T: +61 411 704 498 T: +61 435 336 538 E: [email protected] E: [email protected]

JORC Code, 2012 Edition Table 1 - East Sampson Dam Gold Project

Section 1: Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections)

Criteria JORC Code explanation Commentary
Sampling
techniques
Nature and quality of sampling (e.g. cut channels,
random chips, or specific specialised industry
standard measurement tools appropriate to the
minerals under investigation, such as downhole
gamma sondes, or handheld XRF instruments,
etc). These examples should not be taken as
limiting the broad meaning of sampling.
All data presented herein from past exploration work have
been obtained from joint venture datasets. Moho has
undertaken a full validation of the nature and quality of
sampling undertaken. Early stage exploration samples
comprise surface soil and rock sampling, auger sampling,
RAB, aircore and RC drilling and 2 diamond holes. Moho has
completed three phases of RC drilling (including one AC
hole) and one phase of PQ_HQ diamond drilling. Sample
quality was monitored by the logging geologist, and were
very high for all programs. Drilling was conducted with a
focus on sample quality and recovery.
Include reference to measures taken to ensure
sample representivity and the appropriate
calibration of any measurement tools or systems
used.
Moho has completed validation of sampling techniques
during the Company’s drilling programmes. The
Competent Person’s opinion is that sufficient confidence in
sampling was performed to adequate industry standards
and is fit for the purpose of planning exploration programs,
generating targets for investigation and completing
Mineral Resource estimations.
Aspects of the determination of mineralisation
that are Material to the Public Report.
All references to mineralisation have been taken from
reports and documents prepared by previous explorers,
joint venture partners and Moho, and have been reviewed
by Moho and are considered fit for purpose.
In cases where ‘industry standard’ work has been
done this would be relatively simple (e.g. ‘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 (e.g. submarine nodules)
may warrant disclosure of detailed information.
Moho sampled RC and Diamond drillholes at 1m intervals,
to generate a sample of 3kg or more, pulverized in entirety
to produce a 40g or 50g for fire assay to determine Au
grades. RC samples were obtained directly from the rig
through a cone splitter, PQ core was quartered, HQ core
was halved. In clayey horizons, the core was manually split
using a putty knife and more competent zones were cut
using a automated core saw.
Drilling
techniques
Drill type (eg core, reverse circulation, open-hole
hammer, rotary air blast, auger, 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).
A range of drilling techniques including auger, RAB, aircore,
RC and diamond have been completed on the project.
The Moho RC drilling is usually 5.5”, utilising a face
sampling hammer whilst diamond drilling utilised triple
tube PQ and HQ sized equipment. Diamond holes were
cored from surface.
Drill sample
recovery

Method of recording and assessing core and
chip sample recoveries and results assessed.

Measures taken to maximise sample
recovery and ensure representative nature
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.
Moho has undertaken validation of the historical data to
determine whether this information has been collected in
full. Only limited data on this historical work is available in
open file reports and joint venture partner datasets. Two
diamond drill holes and 7 RC holes from historical drilling
were able to be validated and were used in the resource
Sample recoveries for Moho drilling were monitored by the
logging geologist, and were very high for all programs.
Drilling was conducted with a focus on sample quality and
recovery.
Criteria JORC Code explanation Commentary
Logging
Whether core and chip samples have been
geologically and geotechnically logged to a
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.
All holes have been logged to varying degrees of detail.
Moho has undertaken verification of the quality and level
of detail of the geological logging, including field checking
of spoil piles by Moho geologists.
Moho has done sufficient verification of the data, in the
Competent Person’s opinion to provide sufficient
confidence that the logging has been performed to
adequate industry standards and is fit for the purpose of
planning exploration programs, generating targets for
investigation and Mineral Resource estimation.
All Moho drilllholes were thoroughly logged by an
experienced geologist, in a qualitative nature. Chip trays
and remaining core is retained for oversight and check
logging
Subsampling
techniques and
sample
preparation
If core, whether cut or sawn and whether
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
appropriateness of the sample preparation
technique.
Quality control procedures adopted for all
subsampling 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.
It has been confirmed that mineralised intervals of core
were half cut for sampling for Ni or Au.
Various sampling methods have been employed previously
for non-core drilling, and as discussed above the absence
of detailed information on this criteria is not considered
material to an assessment of the exploration potential of
the area.
Moho has done sufficient verification of the data, in the
Competent Person’s opinion to provide sufficient
confidence that past sampling was performed to adequate
industry standards and is fit for the purpose of planning
exploration
programs
and
generating
targets
for
investigation.
Bulk samples from all Moho RC and AC holes were collected
at 1m intervals in green plastic bags from below the cone
splitter and generally were dry. 1m split samples were
collected from the cone splitter in prenumbered calico
bags. Duplicate split samples were regularly taken, at a
minimum of 1 in 50 samples, showing acceptable levels of
variation given the nuggety nature of gold in the area.
1 metre samples were taken from PQ core with one quarter
cut for assay and half core cut for HQ core. In clayey
horizons core was manually split using a putty knife and
more competent zones were cut using an industry standard
mechanised core saw. Duplicates were collected from drill
core every 50m during the program
Quality of
assay data and
laboratory
tests

The nature, quality and appropriateness of
the assaying and laboratory procedures
used and whether the technique is
considered partial or total.

For geophysical tools, spectrometers,
handheld 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
Moho has done sufficient verification of the assay data, in
the Competent Person’s opinion to provide sufficient
confidence that past assaying appropriate for the
mineralisation present and is fit for the purpose of planning
exploration
programs
and
generating
targets
for
investigation.
Moho has compiled historical geophysical datasets for the
project areas. In consolidation and reprocessing of the
geophysical data, Moho applied checks on the quality of
the data and concluded that they were appropriate for
target generation purposes.
Moho has done sufficient verification of the data, in the
Competent Person’s opinion to provide sufficient
confidence thatqualitycontrol measures wereperformed
Criteria JORC Code explanation Commentary
acceptable levels of accuracy (ie lack of
bias) and precision have been established.
to industry standard and is fit for the purpose of planning
exploration
programs
and
generating
targets
for
investigation.
Samples submitted to the assay laboratory were weighed,
crushed and pulverized to +95% passing -75 micron. A 40g
or 50g charge was selected for Fire Assay and AAS finish
with a detection limit of 0.01ppm Au. Assay reference
standard material was inserted every 33 samples and
showed good agreement with specifications. Blank
samples were also inserted every 50 samples. Internal
laboratory assay repeats showed good agreement with
first results and internal standards were in line with
specifications.
Verification of
sampling and
assaying
The verification of significant intersections by
either independent or alternative company
personnel.
Significant intersections have been taken from previous
work by Lawson Gold Ltd which the Competent Person has
assessed as being of high quality. No verification or check
assaying of previous explorer’s holes has been undertaken
to date.
Significant intersections were checked by alternative Moho
company personnel prior to announcement. Geological
logging was on laptop using Ocris logging software which
was then incorporated into Moho’s SQL database.
The use of twinned holes. Moho has not twinned any holes from previous work and
is not aware of any twinned holes at the project areas.
Documentation of primary data, data entry
procedures, data verification, data storage
(physical and electronic) protocols.
Moho has done sufficient verification of the data, in the
Competent Person’s opinion to provide sufficient
confidence that past data entry, storage and validation of
assay data were performed to industry standard and is fit
for the purpose of planning exploration programs and
generating targets for investigation.
Discuss any adjustment to assay data. No adjustments have been made to any assay data.
Location of
data points
Accuracy and quality of surveys used to locate
drillholes (collar and downhole surveys),
trenches, mine workings and other locations
used in Mineral Resource estimation.
Moho has done sufficient verification of the data, in the
Competent Person’s opinion to provide sufficient
confidence in the accuracy and quality of survey data and
that is fit for the purpose of planning exploration programs
and generating targets for investigation.
DGPS is routinely used by Moho Resources to peg collar
locations, with an accuracy of 0.3m
Specification of the grid system used. Several grid systems have been used previously, including
AGD 1966 AMG Zone 51, AGD 1984 AMG Zone 50 and GDA
1994 MGA Zone 51.
Moho uses GDA 1994 MGA Zone 51 and previous data in
AGD 1966 AMG Zone 51 and AGD 1984 AMG Zone 50 have
been converted to GDA 1994 MGA Zone 51.
Quality and adequacy of topographic control. Topography is generally undulating in the project area and
nominal RLs or RLs taken from handheld GPS devices are
assumed to have been used historically. Moho continues to
verify the data and no problems or material issues have
been discovered to date. DGPS is routinely used by Moho
Resources to collect collar data, with an accuracy of 0.3m,
providing robust topographic control.
Criteria JORC Code explanation Commentary
Data spacing
and
distribution
Data spacing for reporting of Exploration
Results.
Various data spacing has been used at various prospects by
previous explorers. Examples of data spacing are provided
in the Independent Technical Assessment Report (as
reported in the Independent Technical Assessment Report
contained in Annexure B of the Company’s prospectus
dated 5 November 2018). A summary of all relevant
historic drillhole information and intersections for the East
Sampson Dam prospect are shown in a table reported in
the Independent Technical Assessment Report contained
in Annexure B of the Company’s prospectus dated 5
November 2018. Previous Moho drilling at East Sampson
Dam prospect has been at a nominal 20 x 20m spacing.
Whether the data spacing and distribution is
sufficient to establish the degree of geological
and grade continuity appropriate for the Mineral
Resource and Ore Reserve estimation
procedure(s) and classifications applied.
Drill density across the Mineral Resource area is sufficient
for JORC (2012) indicated and inferred categories. Further
infill drilling will be required for other categories.
Whether sample compositing has been applied. Insufficient information is available to assess whether
historical past explorers have applied sample compositing.
Orientation 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
orientation and the orientation of key
mineralised structures is considered to have
introduced a sampling bias, this should be
assessed and reported if material.
The orientation of mineralization-controlling structures has
not been fully determined and a variety of drill orientations
have been used previously. Lawson Gold used oriented drill
core in its 2010 drilling which clarified the orientation of
mineralising structures at the East Sampson Dam prospect.
Moho recognises the importance of understanding the
structural controls on gold mineralisation and will prioritise
the collection of oriented drill core in future gold diamond
drilling programs.
Moho’s validation and review has not located any
situations where drilling orientation is considered to have
introduced a material bias to reported results.
Sample
security
The measures taken to ensure sample security. Given the historic nature of the data, this has not and may
not be determinable. Moho believes that only past drill
core has been preserved and knows of no threats to its
security or integrity.
Samples generated though Moho drilling were delivered to
the laboratory in batches at regular intervals, being stored
in a secure facility prior to and following delivery.
Audits or
reviews
The results of any audits or reviews of sampling
techniques and data.
The company engages independent consultants who
regularly audit the data for inconsistencies and other
issues. None have been reported to date

Section 2: Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section)

Criteria JORC Code explanation Commentary
Mineral
tenement and
land tenure
status
Type, reference name/number, location and
ownership including agreements or material issues
with third parties such as joint ventures,
partnerships, overriding royalties, native title
interests, historical sites, wilderness or national
park and environmental settings.
On 27 July 2015, Moho entered into a farm-in and joint
venture agreement with Lawson Gold Ltd (now Odin Metals
Ltd) on M27/263 and E27/345; both of which are subject to
a 1.5% net smelter royalty under a prior agreement to Mithril
Resources Ltd. Under variation agreements; dated 20 March
Criteria JORC Code explanation Commentary
The security of the tenure held at the time of
reporting along with any known impediments to
obtaining a licence to operate in the area.
2017 and 3 October 2017; Moho can earn staged interests
up to a total of 70% in the tenements:
• Earn 25% before 30 September 2018 by either drilling an
electromagnetic (EM) target on each tenement or
2,000 m of drilling for gold across the tenements
• Earn 26% by spending $400,000 on exploration before 30
June 2021 on the tenements (includes the amount
already spent by Moho)
• Earn a further 19% by spending $1,000,000 (includes
amounts already spent from Stage 1 and Stage 2) on
exploration before 30 June 2025 on the tenements.
On 9 August 2016, Moho entered into a variation agreement
with Nearology to buy 100% of E27/528 for $2,500 and the
issue of 500,000 shares. On 26 June 2018 the sale agreement
was completed, and Moho now has 100% beneficial rights to
the tenement.
Moho has applied for 100% of ELA27/613 and PLA27/2390
and holds 100% of PL27/2232.
All tenements are located on pastoral leases on Mount
Vetters and Gindalbie stations. A heritage survey for the first
stage of drilling has been completed with the Maduwongga
People. Refer to the Solicitor’s Report and Tenement
Schedule for more detailed information and other material
issues.
Exploration
done by other
parties
Acknowledgment and appraisal of exploration by
other parties.
Historical exploration has been completed over various
areas covered by Moho’s tenements. Companies who have
worked in the area include:
• Australian-Anglo American JV (1969–1976)
• Union Miniere/WMC Resources Ltd JV (1974–1975)
• Esso Australia Ltd (1979–1981)
• Amax Resources Ltd (1982–1984)
• CRA Exploration Pty Ltd (1985–1989)
• Mount Kersey Mining (1990–1999)
• Aurora Gold (1991–1994)
• Fodina (MPI/Outokumpu) (1994–1995)
• NiQuest (2000–2005)
• Mithril Resources (2006–2007)
• Lawson Gold (2010–2012)
• Moho Resources (2015 to present).
Geology Deposit type, geological setting and style of
mineralisation.
The East Sampson Dam Project is highly prospective for
nickel and gold mineralisation. Gold is related to quartz-
feldspar porphyry bodies which have intruded dilational
zones within shear zones. It also can be spatially associated
with fine-grained pyroclastic and clastic rocks in the
Gindalbie area. Gold mineralisation in the area is locally
associated with quartz-carbonate stockwork veins, breccia
zones, sulphide-quartz-carbonate stringers and sheeted vein
arrays. The focus for nickel sulphides is either komatiite- or
intrusive-hosted (i.e. magmatic nickel deposits. Within the
East Sampson Dam Project area, the regional felsic Gindalbie
Group contains ultramafic units that host numerous massive
and disseminated nickel sulphide deposits
Criteria JORC Code explanation Commentary
Drillhole
information
A summary of all information material to the
understanding of the exploration results including
a tabulation of the following information for all
Material drillholes:
easting and northing of the drillhole collar
elevation or RL (Reduced Level – elevation
above sea level in metres) of the drillhole collar
dip and azimuth of the hole
downhole length and interception depth
hole length.
A summary of all relevant historic drillhole information and
intersections for the East Sampson Dam prospect are shown
in a table reported in the Independent Technical Assessment
Report contained in Annexure B of the Company’s
prospectus dated 5 November 2018. Previous Moho drilling
at East Sampson Dam has been reported in MOH:ASX
announcements
dated:
16/11/2018,
19/12/2018,
11/02/2020,
27/08/2020,
19/11/2020,
03/12/2020,
12/01/2021, 02/02/2021, 02/03/2021, 30/03/2021. Only
the significant results are discussed and reported.
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.
Not applicable, as no information has been excluded.
Data
aggregation
methods
In reporting Exploration Results, weighting
averaging techniques, maximum and/or minimum
grade truncations (e.g. cutting of high grades) and
cut-off grades are usually Material and should be
stated.
No averaging or cut offs have been applied to the data.
Where aggregate intercepts incorporate 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.
Aggregation of intersections was undertaken on the East
Sampson Dam prospect drillholes. All intervals aggregated
were of equal length and variable grades.
The assumptions used for any reporting of metal
equivalent values should be clearly stated.
No metal equivalents have been reported.
Relationship
between
mineralisation
widths and
intercept
lengths
These relationships are particularly important in
the reporting of Exploration Results.
If the geometry of the mineralisation with respect
to the drillhole angle is known, its nature should be
reported.
If it is not known and only the downhole lengths
are reported, there should be a clear statement to
this effect (eg ‘downhole length, true width not
known’).
Historical drilling has been undertaken on various drill
orientations, and thus does not represent true width
intersections. Future work by Moho will involve validation
and reinterpretation of historical data.
The geometry of high-grade mineralisation discovered in
recent
diamond
drilling
by
Moho
and
structural
measurements support a shallow plunge to the south of
around 20°. This is supported by Leapfrog grade shell images
created by Moho’s consultant database manager. Data from
downhole televiewer structural logging will assist in
confirming this orientation as part of resource modelling
studies.
Diagrams Appropriate maps and sections (with scales) and
tabulations of intercepts should be included for any
significant discovery being reported These should
include, but not be limited to a plan view of
drillhole collar locations and appropriate sectional
views.
Refer to diagrams in the body of the announcement and the
Mineral Resource Estimate July 2021 Statement.
Balanced
reporting
Where comprehensive reporting of all 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.
A large historical database has been compiled by previous
tenement holders. Detailed historic assay results for the East
Sampson Dam prospect are displayed and tabled as reported
in the Independent Technical Assessment Report contained
in Annexure B of the Company’s prospectus dated 5
November 2018. Previous Moho drillingat East Sampson
Criteria JORC Code explanation Commentary
Dam has been reported in MOH:ASX announcements dated:
16/11/2018,
19/12/2018,
11/02/2020,
27/08/2020,
19/11/2020,
03/12/2020,
12/01/2021,
02/02/2021,
02/03/2021, 30/03/2021. Only the significant results are
discussed and reported.
Other
substantive
exploration
data
Other exploration data, if meaningful and
material, should be reported including (but not
limited to): geological observations; 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.
Geological interpretations are taken from historical and
ongoing exploration activities. Previous work has provided a
reasonable understanding of the style and distribution of
local gold mineralized structures. Other areas outside the
existing East Sampson Dam prospect are at a relatively early
stage and further work will enhance the understanding of
the gold prospectivity of these areas. All historical data is yet
to be completely validated by Moho for its quality and
applicability to current exploration.
Further work The nature and scale of planned further work (e.g.
tests for lateral extensions or depth extensions or
large-scale step-out drilling).
Diagrams clearly highlighting the areas of possible
extensions, including the main geological
interpretations and future drilling areas, provided
this information is not commercially sensitive.
RC drilling is planned to upgrade areas of the Resource and
test along strike and down plunge/dip extensions of the East
Sampson Dam mineralisation. Moho plans to undertake
aircore drilling to follow up anomalism identified by
geochemical sampling on M27/263.

JORC 2012 Table 1 Section 3 – Estimation and Reporting of Mineral Resources

(Criteria listed in section 1, and where relevant in section 2, also apply to this section.)

Criteria JORC Code explanation Commentary
Database integrity Measures taken to ensure that data has not
been corrupted by, for example, transcription
or keying errors, between its initial collection
and its use for Mineral Resource estimation
purposes.
Data validation procedures used. CSA Global checked the drill hole files for the
following errors prior to Mineral Resource
estimation:

Absent collar data

Multiple collar entries

Questionable downhole survey results

Absent survey data

Overlapping intervals

Negative sample lengths

Sample intervals which extended beyond
the hole depth defined in the collar table.
Criteria JORC Code explanation Commentary
Site visits Comment on any site visits undertaken by the
Competent Person and the outcome of those
visits.
Felicity Hughes, Competent Person for the Mineral
Resource estimate, completed a site visit on
December 11, 2020.
During the site visit, the following was completed:

Inspection of sample processing facilities

Brief inspection of East Sampson Dam
prospect site

Inspection of several drill holes from
Moho
The core shed appeared to be relatively clean and
well-organised, and related procedures were being
followed. Data collection systems were found to be
consistent with industry good practice. Furthermore,
geological controls to the mineralisation were
sufficiently understood to enable a Mineral Resource
to be reported in accordance with the JORC Code.
If no site visits have been undertaken indicate
why this is the case.
Not applicable.
Geological
interpretation
Confidence in (or conversely, the uncertainty
of) the geological interpretation of the
mineral deposit.
Mineralisation interpretation was completed by
Moho who supplied Leapfrog grade shells at 0.2,
0.5, 1.0 and 2.0 g/t gold for modelling. Modelled
fault zones were also supplied by Moho.
Nature of the data used and of any
assumptions made.
No material assumptions have been made which
effects the Mineral Resource estimate reported
herein.
The effect, if any, of alternative
interpretations on Mineral Resource
estimation.
Alternative interpretations are not likely to
materially impact on the global Mineral Resource
estimate.
The use of geology in guiding and controlling
Mineral Resource estimation.
The factors affecting continuity both of grade
and geology.
The main controls to the mineralisation are
stratigraphic and structural, with mineralisation
occurring in a series of steeply dipping ore shoots
striking NNW.
Dimensions The extent and variability of the Mineral
Resource expressed as length (along strike or
otherwise), plan width, and depth below
surface to the upper and lower limits of the
Mineral Resource.
The East Sampson Dam deposit constitutes of a
mineralised zone which has been modelled
between 363,600m E and 364,100m E, 6,637,490m
N and 6,638,100m N. The dip extent extends from –
375m RL to 240m RL. The average width and strike
of the modelled lode is approximately 130m by
400m.
The nature and appropriateness of the
estimation technique(s) applied and key
Quantitative kriging neighbourhood analysis (QKNA)
was undertaken to assess the effect of changing key
Criteria JORC Code explanation Commentary
Estimation and
modelling
techniques
assumptions, including treatment of extreme
grade values, domaining, interpolation
parameters and maximum distance of
extrapolation from data points. If a computer
assisted estimation method was chosen
include a description of computer software
and parameters used.
kriging neighbourhood parameters on block grade
estimates. All data within the mineralised shells
>0.2g/t Au were subject to QKNA. Kriging efficiency
and slope of regression were determined for a range
of block sizes, minimum/maximum samples, search
dimensions and discretisation grids.
A three-pass search ellipse strategy was adopted
whereby
search
ellipses
were
progressively
increased if search criteria could not select sufficient
data for the block estimate. The primary, secondary
and tertiary search ellipse dimensions represent
50%, 100 % and 200% of the variogram range
respectively.
Inverse Distance methods (ID2) was adopted to
interpolate grades into cells.
Statistical analysis was completed using Datamine’s
Supervisor software. All geological modelling and
grade estimation were completed using GEMS
software.
The availability of check estimates, previous
estimates and/or mine production records
and whether the Mineral Resource estimate
takes appropriate account of such data.
An Ordinary Kriging model was completed for
comparison.
No Mineral Resource has been previously reported
for East Sampson Dam.
The assumptions made regarding recovery of
by-products.
No assumptions have been made regarding
recovery of by-products.
Estimation of deleterious elements or other
non-grade variables of economic significance
(e.g. sulphur for acid mine drainage
characterisation).
Ag, As and S were estimated in addition to the
potentially economic element Au
In the case of block model interpolation, the
block size in relation to the average sample
spacing and the search employed.
A 2.5 m E by 10 m N by 1 m RL parent cell size was
used to honour wireframe boundaries. The drill hole
data spacing is highly variable, from 10 to 120 m
apart. The block size represents approximately a
quarter of the drill spacing in the more densely
drilled central area of the deposit.
Any assumptions behind modelling of
selective mining units.
No assumptions were made regarding selective
mining units.
Any assumptions about correlation between
variables
No assumptions have been made regarding
correlation between variables.
Description of how the geological
interpretation was used to control the
resource estimates.
The main controls on mineralisation are structural
and stratigraphic. Gold is associated with the
intrusion of a felsic porphyry unit into a succession of
mafic and felsic volcanics and black shales. Cross-
cutting and strike-parallel faults have modified the
mineralisation into steeply dipping shoots.
Discussion of basis for using or not using
grade cutting or capping.
The requirement for top-cuts was reviewed given
the potential for extreme grades to bias block grade
estimation.
Criteria JORC Code explanation Commentary
For each variable in each statistical domain,
histograms and log-probability plots were reviewed
to determine the point at which the number of
samples supporting a high-grade distribution
diminishes.
The process of validation, the checking
process used, the comparison of model data
to drillhole data, and use of reconciliation
data if available.
Drillhole grades were initially visually compared
with cell model grades. Domain drill hole and block
model statistics were then compared. Swath plots
were also created to compare drillhole grades with
block model grades for easting, northing and
elevation slices throughout the deposit. The block
model reflected the tenor of the grades in the drill
hole samples both globally and locally.
Moisture Whether the tonnages are estimated on a dry
basis or with natural moisture, and the
method of determination of the moisture
content.
Tonnages are estimated on a dry basis. Moisture
content was measured in a selection of RC drillholes
considered representative over the entire area of the
deposit. Moisture content was interpolated into the
block model using ID2 methods.
Tonnes are reported on a dry basis.
Cut-off parameters The basis of the adopted cut-off grade(s) or
quality parameters applied.
The Mineral Resource reported above a cut-off
grade of 0.2 g/t Au, representing mineralisation
within the modelled grade shells
Mining factors or
assumptions
Assumptions made regarding possible mining
methods, minimum mining dimensions and
internal (or, if applicable, external) mining
dilution. It is always necessary as part of the
process of determining reasonable prospects
for eventual economic extraction to consider
potential mining methods, but the
assumptions made regarding mining methods
and parameters when estimating Mineral
Resources may not always be rigorous. Where
this is the case, this should be reported with
an explanation of the basis of the mining
assumptions made.
In selecting the reporting cut-off grade, the mining
method has been considered. It is anticipated that
East Sampson Dam will be an open pit mining
scenario.
Criteria JORC Code explanation Commentary
Metallurgical
factors or
assumptions
The basis for assumptions or predictions
regarding metallurgical amenability. It is
always necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider
potential metallurgical methods, but the
assumptions regarding metallurgical
treatment processes and parameters made
when reporting Mineral Resources may not
always be rigorous. Where this is the case,
this should be reported with an explanation
of the basis of the metallurgical assumptions
made.
A metallurgical test work program was undertaken
by JT Metallurgical Services Pty Ltd to reflect the
treatment of ESD mineralisation through Kalgoorlie
toll treatment facilities. The test work conditions
were designed to replicate these toll milling facilities
operating parameters namely grind size, cyanide and
dissolved oxygen concentrations, residence time and
pH. Kalgoorlie sourced, hypersaline raw water was
utilised in all tests to best gauge consumption rates
of
lime
and
cyanide.
All
compositing
and
metallurgical test work was conducted at Metallurgy
Pty Ltd in Perth with solid assays conducted at NATA
accredited Nagrom Laboratories in Perth. All
composites were assayed via Bulk Leach Extractable
Grade with Fire Assay finish (BLEG) to mitigate any
possible effect of coarse gold with comprehensive
assays completed on six of the nine variability
composites. The other three variability composites
were acquired purely for rheological test work. The
comprehensive head assays showed that the six
composites had low concentrations of common
deleterious elements such as As, Cu, Sb and Te.
Elevated organic carbon at 0.58% was noted in the
‘Shale’
variability
composite.
Bulk
20
kg
representative samples of six of the nine variability
composites were ground to P80 300 micron then
passed
through
a
laboratory
sized
Knelson
concentrator prior to intensive leaching of the
gravity concentrate. This aimed to match the
operation of an ACACIA leach reactor commonly
used in the Goldfields for treatment of gravity gold
concentrates. The conditions used mirrored those
expected in a typical Kalgoorlie toll processing plant.
Details in MOH:ASX announcement 25/08/2020
Environmental
factors or
assumptions
Assumptions made regarding possible waste
and process residue disposal options. It is
always necessary as part of the process of
determining reasonable prospects for
eventual economic extraction to consider the
potential environmental impacts of the
mining and processing operation. While at
this stage the determination of potential
environmental impacts, particularly for a
greenfields project, may not always be well
advanced, the status of early consideration of
these potential environmental impacts should
be reported. Where these aspects have not
been considered this should be reported with
an explanation of the environmental
assumptions made.
It is assumed that there will be no significant
environmental impediments to developing the
project. This is an early-stage project and potential
environmental impacts require review.
Criteria JORC Code explanation Commentary
Bulk density Whether assumed or determined. If assumed,
the basis for the assumptions. If determined,
the method used, whether wet or dry, the
frequency of the measurements, the nature,
size and representativeness of the samples.
Down-hole gamma logging for in situ wet density was
completed on approximately 20% of the holes, and
moisture content determined on approximately 12%
of the holes. Selection of holes covered the entire
area of the deposit and compete weathering profile.
Dry bulk density values were available from historical
diamond drillholes.
The bulk density for bulk material must have
been measured by methods that adequately
account for void spaces (vugs, porosity, etc.),
moisture and differences between rock and
alteration zones within the deposit.
The Archimedes method measurements were
determined for the selected core samples by
measuring the weight of part or the entire sample in
air and water and then applying the formula bulk
density = weight_air/(weight_air-weight_water).
Discuss assumptions for bulk density
estimates used in the evaluation process of
the different materials.
As there was a reasonable amount of density and
moisture data in the modelled mineralisation
envelope at East Sampson Dam, in situ wet density,
moisture content and dry bulk density were
estimated in the block model.
Classification The basis for the classification of the Mineral
Resources into varying confidence categories.
The Mineral Resource has been classified following
due consideration of all criteria contained in Section
1, Section 2 and Section 3 of JORC 2012 Table 1.
After considering data quality and geological
continuity, grade estimation quality was assessed.
The Competent Person classified the East Sampson
Dam Mineral Resource as indicated and Inferred.
Whether appropriate account has been taken
of all relevant factors (i.e. relative confidence
in tonnage/grade estimations, reliability of
input data, confidence in continuity of
geology and metal values, quality, quantity
and distribution of the data).
Appropriate account has been taken of all relevant
criteria including data integrity, data quantity,
geological continuity, and grade continuity.
Whether the result appropriately reflects the
Competent Person’s view of the deposit.
The Mineral Resource estimate appropriately
reflects the Competent Person’s views of the
deposit.
Audits or reviews The results of any audits or reviews of
Mineral Resource estimates.
The current model has not been audited by an
independent third party but has been subject to CSA
Global’s internal peer review processes.
Discussion of
relative accuracy/
confidence
Where appropriate a statement of the
relative accuracy and confidence level in the
Mineral Resource estimate using an approach
or procedure deemed appropriate by the
Competent Person. For example, the
The Mineral Resource accuracy is communicated
through the classification assigned to this Mineral
Resource.
Criteria JORC Code explanation Commentary
application of statistical or geostatistical
procedures to quantify the relative accuracy
of the resource within stated confidence
limits, or, if such an approach is not deemed
appropriate, a qualitative discussion of the
factors that could affect the relative accuracy
and confidence of the estimate.
The Mineral Resource estimate has been classified in
accordance with the JORC Code, 2012 Edition using a
qualitative approach. All factors that have been
considered have been adequately communicated in
Section 1 and Section 3 of this Table.
The statement should specify whether it
relates to global or local estimates, and, if
local, state the relevant tonnages, which
should be relevant to technical and economic
evaluation. Documentation should include
assumptions made and the procedures used.
The Mineral Resource statement relates to a global
tonnage and grade estimate. Grade estimates have
been made for each block in the block model.
These statements of relative accuracy and
confidence of the estimate should be
compared with production data, where
available.
No production data is available.

==> picture [488 x 85] intentionally omitted <==

MEMORANDUM CSA Global Pty Ltd ABN 67 077 165 532 Level �, � Ord To: Shane Sadleir Street West Perth WA Cc: Ralph Winter, Lyndal Money ���� AUSTRALIA Date: July 14, 2021 T +61 8 9355 1677 From: Felicity Hughes, Principal Consultant E Report Nº: R312.2021 Re: East Sampson Dam – Interim Mineral Resource Estimate Statement [email protected] www.csaGlobal.com

INTRODUCTION

CSA Global has been requested by Moho Resources Limited (Moho) to complete a maiden JORC (����)[1] mineral resource es�mate for their East Sampson Dam gold deposit.

METHODOLOGY

Informa�on supplied to CSA Global by Moho included a validated database, quality assurance and quality control (QAQC) informa�on and assessment, a density database including results from downhole gamma analysis, core measurements and moisture content analysis, �D modelled Leapfrog wireframes for mineralisa�on as >�.�g/t Au grade shells, �D modelled Leapfrog wireframes for geology and �D modelled Leapfrog wireframes for structural faults.

CSA Global modelled weathering surfaces as �D wireframes using GEMS so�ware and updated the topographic surface.

A comprehensive sta�s�cal examina�on in Datamine’s Supervisor of all elements was completed, checking domaining by geology, weathering and within the mineralised shells. CSA Global note that the data values (assays) within the modelled mineralisa�on solids represent less than ��% of the total assay database. This poten�ally raises an issue with domaining within �ght grade shells due to the rela�vely small popula�on to derive valid sta�s�cal results. A total of ��,��� assays were used, of which ��� were coded within the mineralised shells >�.�g/t Au.

All available elements were sta�s�cally evaluated, and the decision was made to include Silver (Ag ppm) Arsenic (As ppm) and Sulphur (S%), as well as Gold (Au g/t) in the grade interpola�ons to understand any poten�al associa�ons.

1 Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. The JORC Code, 2012 Edition. Prepared by: The Joint Ore Reserves Committee of The Australasian Institute of Mining and Metallurgy, Australian Institute of Geoscientists and Minerals Council of Australia (JORC).

==> picture [164 x 53] intentionally omitted <==

Top-cut analysis for Au was completed on the data within the mineralised grade shells, split by the weathering domains; results are summarised in Table �. The ��% was used as the cut-off percen�le as there is a tail-off of high-grade values rather than specific outliers.

CSA Global note that mineralisa�on is also associated with some of the north-east cross-cu�ng faults. Domaining by fault zone was not completed due to insufficient sample data within the domains. CSA GLOBAL recommends poten�ally targe�ng these faults with further explora�on.

Table 1 Au Top-Cut Analysis by Weathering and Mineralised Shells

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----- Start of picture text -----

2.0g/t Au 1.0-2.0g/t Au 0.5-1.0g/t Au 0.2 – 0.5g/t Au
OX LS TR FR OX LS TR FR OX LS TR FR OX LS TR FR
N 81 42 24 2 64 28 11 5 102 58 33 4 244 135 64 13
min 2.02 2.03 2.04 2.04 1.01 1.00 1.11 1.11 0.50 0.50 0.50 0.55 0.20 0.20 0.20 0.20
max 51.75 46.90 42.60 6.80 1.96 1.96 1.98 1.98 0.98 0.98 0.94 0.80 0.49 0.48 0.49 0.47
mean 8.12 7.01 10.25 4.42 1.40 1.44 1.44 1.44 0.72 0.73 0.67 0.65 0.31 0.31 0.31 0.30
median 5.15 3.61 3.90 4.42 1.35 1.41 1.39 1.39 0.68 0.72 0.65 0.63 0.30 0.30 0.29 0.29
97.5% 34.80 43.00 36.60 6.68 1.95 1.94 1.95 1.92 0.95 0.97 0.92 0.79 0.48 0.48 0.49 0.46
98.5% 48.04 44.81 39.00 6.73 1.95 1.95 1.96 1.93 0.96 0.97 0.93 0.79 0.48 0.48 0.49 0.46
99% 51.43 45.51 40.20 6.75 1.95 1.95 1.97 1.93 0.97 0.97 0.93 0.80 0.49 0.48 0.49 0.47
----- End of picture text -----

The small dataset issue was also noted in the variographic analysis; normal score variograms were constructed as normal variograms were unable to be modelled. The variography confirmed the high gold nugget effect of the deposit. There were insufficient samples to model variograms for the separate grade shells, so a single variogram within the >�.�g/t envelope was used throughout, using the mineralisa�on shells as hard boundaries and confining input samples to within the shells. Table � summarises the variogram parameters used for the OK interpola�on, and the search ellipse orienta�on used for both the OK and ID� interpola�ons.

Table 2 Back-Transformed Variogram Parameters for Au >0.2g/t

Nugget C0
0.42
Range 1
Range 2
Range 3
Nugget C0
0.42
Range 1
Range 2
Range 3
Nugget C0
0.42
Range 1
Range 2
Range 3
Nugget C0
0.42
Range 1
Range 2
Range 3
Sill C1
0.39
8
7
10
Sill C2
0.13
19
29
30
Sill C3
0.06
76
44
32
GEMS XYZ Search Ellipse 15 60 -10

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Moho Resources Mineral Resource Estimate July 2021 Statement 140721

Block Model Interpolation

A framework for the block models was constructed using the parameters summarised in Figure 1.

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Figure 1 Block Model Parameters

The block model was rotated 10° to the west to better cover the strike of mineralisation as defined by the Leapfrog mineralisation models.

KNA Analysis

Kriging Neighbourhood Analysis (KNA) is a process for op�mising es�ma�on parameters, including block size, number of informing samples, search range and the number of discre�sa�on points.

A KNA analysis was carried out for a range of block sizes and numbers of informing samples for East Sampson Dam. Results show a rela�ve insensi�vity to changes in block size, and this is a�ributed to the rigid boundaries of the mineralised Leapfrog shells. A block size was selected that best fit the orienta�on of the modelled mineralisa�on.

Figure � shows the global KNA analysis for the chosen block size of �.�m (E) x ��m (N) x �m (RL). The small

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Moho Resources Mineral Resource Estimate July 2021 Statement 140721

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Figure 2 KNA Analysis for block size op�misa�on

Grade Interpolation

The East Sampson Dam gold deposit was interpolated using both Ordinary Kriging (OK) and Inverse Distance (ID2) methods. A cumulative probability plot of the two models compared with the input data highlights over estimation of Au at lower grades in the OK model compared with the input and ID2 model (Figure 3).

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Moho Resources Mineral Resource Estimate July 2021 Statement 140721

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Figure 3 Cumula�ve Probability Plot comparing Global OK, ID2 and input data

The ID2 model appears to show a better statistical correlation with the input grades overall, as shown in Table 2.

Table 3 Sta�s�cal Comparison of Interpola�on Methods

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----- Start of picture text -----

Parameter Input Samples Au_OK Au_ID2
Tonnage Weighted Sample %Diff Tonnage Weighted Sample %Diff
Points 911 10284 1029 9232 913
Mean 1.81 1.26 -30.8 1.54 -15.4
Std Dev 4.90 2.53 -48.3 2.76 -43.7
Variance 24.02 6.42 -73.3 7.62 -68.3
CV 2.70 2.02 -25.3 1.80 -33.4
Geom. Mean 0.69 0.57 -17.3 0.72 4.1
Maximum 51.75 34.81 -32.7 23.20 -55.2
75% 1.16 0.79 -32.1 1.11 -4.0
50% 0.49 0.43 -12.9 0.54 9.4
25% 0.3 0.26 -12.0 0.32 5.3
Minimum 0.2 0.2 0 0.2 0
----- End of picture text -----

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Moho Resources Mineral Resource Estimate July 2021 Statement 140721

However, both models exhibit over-smoothing of the high grades (Figure 3), with the ID2 model having a better result than the OK model, as illustrated by the swath validation plots in Figures 4 and 5.

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Figure 4 Global Cross Strike Valida�on Swath Plot

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Figure 5 Global Valida�on Swath Plot by 1m Z

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Moho Resources Mineral Resource Estimate July 2021 Statement 140721

An oblique image of the ID2 model looking NW is displayed in Figure 6.

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Figure 6 Oblique view looking NW - blocks >0.5g/t Au within the >0.2 g/t Au mineralised shell

Density

Density has been interpolated into the block model using information for in situ (wet) density (ISD) accumulated from down-hole gamma measurements, moisture content and measured historical dry bulk density (DBD) from diamond drill core. Density and moisture values were domained by both regolith and geology.

Models were interpolated using the Inverse Distance (ID2) method. As there was little correlation between the locations of the ISD samples, moisture content samples and DBD samples, the approach was to interpolate

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Moho Resources Mineral Resource Estimate July 2021 Statement 140721

the models individually with real data, then inform the remaining blocks with calculated values based on the following equations -

DBD = ISD –(Moisture%/100)

ISD = DBD + (Moisture %/100)

Figure 6 displays a quantile-quantile (Q-Q) plot of input and output data for DBD. There is a very good correlation between the two data sets, giving confidence that the interpretation of the density values is robust.

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Figure 7 Q-Q plot for Dry Bulk Density (DBD)

Table � summarises the average of the interpolated values for DBD, moisture content (%) and ISD. Previous preliminary resource es�mates used a single average global value for DBD in each regolith domain. It is worth no�ng that only values for DBD were available to inform the Fresh zone, but they approximate the original global value. CSA Global has used the recently interpolated DBD as the preferred model for the East Sampson Dam resource es�mate.

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Moho Resources Mineral Resource Estimate July 2021 Statement 140721

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Table 4 Average Values of Interpolated Density Parameters
% es�mated
DBD ISD DBD values above
Domain Moisture %
g/cm [�] g/cm [�] Global Es�mate previously used
Global values
Oxide �.�� �.�� �.�� �.� ��
Lower Saprolite �.�� �.�� �.� �.� ��
Transi�on �.�� �.�� �.�� �.� ��
Fresh �.�� �.�� �.�� �.�
Total �.�� �.�� �.�� �.��
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E AST S AMPSON D AM G OLD DEPOSIT JORC (2012) R ESOURCE S UMMARY

The East Sampson Dam gold deposit was modelled using both OK and ID2 methods. The ID2 method has been selected as the model with which to report resources. A summary of Global Mineral Resources reported at multiple cut-off grades is presented in Table 5.

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----- Start of picture text -----

Cut-Off Au Au Metal
Tonnes (kt)
g/t Au g/t koz
2.0 77.2 6.5 16.1
1.8 82.9 6.2 16.4
1.6 92.8 5.7 17.0
1.4 104.6 5.2 17.6
1.2 114.2 4.9 18.0
1.0 134.7 4.3 18.7
0.9 147.1 4.0 19.1
0.8 167.9 3.6 19.6
0.7 194.9 3.2 20.3
0.6 226.4 2.9 20.9
0.5 264.6 2.5 21.6
0.4 320.1 2.2 22.4
0.3 427.3 1.7 23.6
0.2 641.5 1.2 25.3
0.1 870.3 0.9 26.4
----- End of picture text -----

Note: Data is reported to significant figures and differences may occur due to rounding.

Figures 7-8 illustrate grade-tonnage curves and grade-ounces curve for East Sampson Dam, showing a comparison between the two models. The ID2 model overall contains more ounces with slightly lower grades at relative cut-offs compared with the OK model.

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Moho Resources Mineral Resource Estimate July 2021 Statement 140721

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Figure 8 Global Grade-Tonnage curve

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Figure 9 Global Grade-Ounces curve

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Moho Resources Mineral Resource Estimate July 2021 Statement 140721

Figure �� shows the breakdown of the ID� resources by weathering domains. The highest grades are to be found in the Transi�on zone; the poten�al for Fresh domain resources is currently limited by lack of informa�on.

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Figure 10 Grade and Tonnes by Weathering for the East Sampson Dam gold project – ID2 model

select suitable mining cut-off grades unique to each domain.

Table 6 Summary of Mineral Resources by weathering domains

==> picture [488 x 226] intentionally omitted <==

----- Start of picture text -----

Oxide Lower Saprolite Transi�on Fresh
Cut-
Off Tonnes Au Ounces Tonnes Au Ounces Tonnes Au Ounces Tonnes Au Ounces
(kt) (koz) (kt) (koz) (kt) (koz) (kt) (koz)
2.0 27.0 5.6 4.8 32.1 6.2 6.4 17.6 8.2 4.7 0.5 11.5 0.2
1.8 28.8 5.3 4.9 35.5 5.8 6.6 17.9 8.1 4.7 0.6 11.2 0.2
1.6 31.1 5.1 5.1 42.0 5.2 7.0 19.0 7.7 4.7 0.6 11.2 0.2
1.4 33.8 4.8 5.2 49.7 4.6 7.4 20.5 7.3 4.8 0.6 10.9 0.2
1.2 36.5 4.5 5.3 54.1 4.3 7.5 22.7 6.7 4.9 0.9 7.7 0.2
1.0 41.7 4.1 5.5 57.4 4.1 7.7 25.4 6.1 5.0 10.1 1.6 0.5
0.9 46.7 3.8 5.6 62.9 3.9 7.8 26.7 5.9 5.0 10.9 1.6 0.6
0.8 53.7 3.4 5.8 70.8 3.5 8.0 30.7 5.2 5.1 12.8 1.5 0.6
0.7 61.5 3.0 6.0 81.9 3.2 8.3 34.6 4.7 5.2 16.9 1.3 0.7
0.6 71.7 2.7 6.2 96.0 2.8 8.6 41.3 4.0 5.4 17.5 1.3 0.7
0.5 82.9 2.4 6.4 116.2 2.4 9.0 47.2 3.6 5.5 18.4 1.2 0.7
0.4 96.9 2.1 6.6 141.6 2.0 9.3 61.8 2.9 5.7 19.9 1.2 0.8
0.3 129.3 1.7 7.0 195.2 1.6 9.9 81.9 2.2 5.9 20.9 1.1 0.8
0.2 204.9 1.1 7.6 278.9 1.2 10.6 124.3 1.6 6.2 33.4 0.8 0.9
0.1 279.1 0.9 7.9 361.5 0.9 11.0 172.2 1.2 6.5 57.5 0.5 1.0
----- End of picture text -----

Note: Data is reported to significant figures and differences may occur due to rounding.

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Moho Resources Mineral Resource Estimate July 2021 Statement 140721

Classification

Classification of the resource has been based on drill hole spacing, distance to nearest point for interpolation, slope of regression and kriging variance. Table 7 summarises the classified ID2 model Mineral Resources current to July 14, 2021, at a cut-off of 0.5g/t Au.

Table 7

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----- Start of picture text -----

Domain Class Tonnes (kt) Au g/t Au Metal (koz)
Indicated 68.4 2.3 5.0
OXIDE Inferred 14.4 3.2 1.5
Total 82.9 2.4 6.4
Indicated 81.7 2.0 5.3
LOWER SAPROLITE Inferred 34.5 3.3 3.6
Total 116.2 2.4 9.0
Indicated 29.0 3.4 3.2
TRANSITION Inferred 18.2 3.9 2.3
Total 47.2 3.6 5.5
Indicated 6.6 1.3 0.3
FRESH Inferred 11.8 1.2 0.5
Total 18.4 1.2 0.7
Indicated 185.7 2.3 13.8
TOTAL Inferred 78.9 3.1 7.8
Total 264.6 2.5 21.6
----- End of picture text -----

Note: Data is reported to significant figures and differences may occur due to rounding.

CONCLUSIONS AND RECOMMENDATIONS

CSA Global has provided technical assistance to Moho Resources throughout the East Sampson Dam project and note the highly professional work completed by the Moho team. The quality of geological interpreta�on, data collec�on and commitment to quality control and assurance (QAQC) was of a high quality and suitable for the ensuing MRE.

following recommenda�ons are suggested to improve and op�mise the resource –

  • of the high- grade mineralisa�on. The overall NNW trend of mineralisa�on was �ghtly constrained by the �D modelling, which impeded op�misa�on of direc�on from variography. It is recommended that the structural model for East Sampson Dam be incorporated as part of the domaining process for the next resource update, and that some closer-spaced drilling is allocated to provide more informa�on for this to occur.

  • Less constraint on the mineralisa�on by interpola�ng within the �.�g/t Au mineralisa�on envelope and reducing the search ellipse for Au >�g/t may improve comparison of interpolated high grades with input data. The cumula�ve probability plot for Au indicates that there is a single sample popula�on from around �.� -�.� g/t Au, which suggests that grade range could be modelled as a single domain.

  • Assess the use of grade indicators as an alterna�ve method for mineralisa�on domaining.

  • es�mates and convert a propor�on of the resource to Measured category is recommended.

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Moho Resources Mineral Resource Estimate July 2021 Statement 140721

C OMPETENT P ERSON S IGN -O FF

  • I have read and understood the requirements of the ���� Edi�on of the Australasian Code for Repor�ng of Explora�on Results, Mineral Resources and Ore Reserves (“JORC Code, ���� Edi�on”).

  • relevant to the style of mineralisa�on and type of deposit described in this report, and to the ac�vity for which I am accep�ng responsibility.

  • I am a Member of the Australasian Ins�tute of Mining and Metallurgy.

  • I am an Associate Consultant of CSA Global Pty Ltd.

  • I have disclosed to the repor�ng company the full nature of the rela�onship between myself and the company, including any issue that could be perceived by investors as a conflict of interest.

==> picture [207 x 32] intentionally omitted <==

Felicity Hughes

Principal Consultant, CSA Global Pty Ltd

�� July ����

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Moho Resources Mineral Resource Estimate July 2021 Statement 140721

A PPENDIX 1 JORC (2012) T ABLE 1

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Moho Resources Mineral Resource Estimate July 2021 Statement 140721

JORC Code, 2012 Edition Table 1 - East Sampson Dam Gold Project

Section 1: Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections)

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Criteria JORC Code explanation Commentary
Sampling Nature and quality of sampling (e.g. cut channels, All data presented herein from past exploration work have
techniques random chips, or specific specialised industry been obtained from joint venture datasets. Moho has
standard measurement tools appropriate to the undertaken a full validation of the nature and quality of
minerals under investigation, such as downhole sampling undertaken. Early stage exploration samples
gamma sondes, or handheld XRF instruments, comprise surface soil and rock sampling, auger sampling,
etc). These examples should not be taken as RAB, aircore and RC drilling and 2 diamond holes. Moho has
limiting the broad meaning of sampling. completed three phases of RC drilling (including one AC
hole) and one phase of PQ_HQ diamond drilling. Sample
quality was monitored by the logging geologist, and were
very high for all programs. Drilling was conducted with a
focus on sample quality and recovery.
Include reference to measures taken to ensure Moho has completed validation of sampling techniques
sample representivity and the appropriate during the Company’s drilling programmes. The
calibration of any measurement tools or systems Competent Person’s opinion is that sufficient confidence in
used. sampling was performed to adequate industry standards
and is fit for the purpose of planning exploration programs,
generating targets for investigation and completing
Mineral Resource estimations.
Aspects of the determination of mineralisation All references to mineralisation have been taken from
that are Material to the Public Report. reports and documents prepared by previous explorers,
joint venture partners and Moho, and have been reviewed
by Moho and are considered fit for purpose.
In cases where ‘industry standard’ work has been Moho sampled RC and Diamond drillholes at 1m intervals,
done this would be relatively simple (e.g. ‘reverse to generate a sample of 3kg or more, pulverized in entirety
circulation drilling was used to obtain 1 m to produce a 40g or 50g for fire assay to determine Au
samples from which 3 kg was pulverised to grades. RC samples were obtained directly from the rig
produce a 30 g charge for fire assay’). In other through a cone splitter, PQ core was quartered, HQ core
cases more explanation may be required, such as was halved. In clayey horizons, the core was manually split
where there is coarse gold that has inherent using a putty knife and more competent zones were cut
sampling problems. Unusual commodities or using a automated core saw.
mineralisation types (e.g. submarine nodules)
may warrant disclosure of detailed information.
Drilling Drill type (eg core, reverse circulation, open-hole A range of drilling techniques including auger, RAB, aircore,
techniques hammer, rotary air blast, auger, Bangka, sonic, RC and diamond have been completed on the project.
etc) and details (eg core diameter, triple or The Moho RC drilling is usually 5.5”, utilising a face
standard tube, depth of diamond tails, face- sampling hammer whilst diamond drilling utilised triple
sampling bit or other type, whether core is tube PQ and HQ sized equipment. Diamond holes were
oriented and if so, by what method, etc). cored from surface.
Drill sample  Method of recording and assessing core and Moho has undertaken validation of the historical data to
recovery chip sample recoveries and results assessed. determine whether this information has been collected in
 Measures taken to maximise sample full. Only limited data on this historical work is available in
recovery and ensure representative nature open file reports and joint venture partner datasets. Two
of the samples. diamond drill holes and 7 RC holes from historical drilling
 Whether a relationship exists between were able to be validated and were used in the resource
sample recovery and grade and whether Sample recoveries for Moho drilling were monitored by the
sample bias may have occurred due to logging geologist, and were very high for all programs.
preferential loss/gain of fine/coarse Drilling was conducted with a focus on sample quality and
material. recovery.
Logging  Whether core and chip samples have been All holes have been logged to varying degrees of detail.
geologically and geotechnically logged to a Moho has undertaken verification of the quality and level
level of detail to support appropriate of detail of the geological logging, including field checking
Mineral Resource estimation, mining studies of spoil piles by Moho geologists.
and metallurgical studies.
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Moho Resources Mineral Resource Estimate July 2021 Statement 140721

Criteria
JORC Code explanation
Commentary
Criteria
JORC Code explanation
Commentary
Criteria
JORC Code explanation
Commentary

Whether
logging
is
qualitative
or
quantitative in nature. Core (or costean,
channel, etc) photography.
The total length and percentage of the relevant
intersections logged.
Moho has done sufficient verification of the data, in the
Competent Person’s opinion to provide sufficient
confidence that the logging has been performed to
adequate industry standards and is fit for the purpose of
planning exploration programs, generating targets for
investigation and Mineral Resource estimation.
All Moho drilllholes were thoroughly logged by an
experienced geologist, in a qualitative nature. Chip trays
and remaining core is retained for oversight and check
logging
Subsampling
techniques and
sample
preparation
If core, whether cut or sawn and whether
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
appropriateness of the sample preparation
technique.
Quality control procedures adopted for all
subsampling 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.
It has been confirmed that mineralised intervals of core
were half cut for sampling for Ni or Au.
Various sampling methods have been employed previously
for non-core drilling, and as discussed above the absence
of detailed information on this criteria is not considered
material to an assessment of the exploration potential of
the area.
Moho has done sufficient verification of the data, in the
Competent Person’s opinion to provide sufficient
confidence that past sampling was performed to adequate
industry standards and is fit for the purpose of planning
exploration
programs
and
generating
targets
for
investigation.
Bulk samples from all Moho RC and AC holes were collected
at 1m intervals in green plastic bags from below the cone
splitter and generally were dry. 1m split samples were
collected from the cone splitter in prenumbered calico
bags. Duplicate split samples were regularly taken, at a
minimum of 1 in 50 samples, showing acceptable levels of
variation given the nuggety nature of gold in the area.
1 metre samples were taken from PQ core with one quarter
cut for assay and half core cut for HQ core. In clayey
horizons core was manually split using a putty knife and
more competent zones were cut using an industry standard
mechanised core saw. Duplicates were collected from drill
core every50m duringtheprogram
Quality of
assay data and
laboratory
tests

The nature, quality and appropriateness of
the assaying and laboratory procedures
used and whether the technique is
considered partial or total.

For geophysical tools, spectrometers,
handheld 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.
Moho has done sufficient verification of the assay data, in
the Competent Person’s opinion to provide sufficient
confidence that past assaying appropriate for the
mineralisation present and is fit for the purpose of planning
exploration
programs
and
generating
targets
for
investigation.
Moho has compiled historical geophysical datasets for the
project areas. In consolidation and reprocessing of the
geophysical data, Moho applied checks on the quality of
the data and concluded that they were appropriate for
target generation purposes.
Moho has done sufficient verification of the data, in the
Competent Person’s opinion to provide sufficient
confidence that quality control measures were performed
to industry standard and is fit for the purpose of planning
exploration
programs
and
generating
targets
for
investigation.
Samples submitted to the assay laboratory were weighed,
crushed and pulverized to +95% passing -75 micron. A 40g
or 50g charge was selected for Fire Assay and AAS finish
with a detection limit of 0.01ppm Au. Assay reference
standard material was inserted every 33 samples and
showedgood agreement with specifications. Blank

Page 16 of 26

Moho Resources Mineral Resource Estimate July 2021 Statement 140721

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Criteria JORC Code explanation Commentary
samples were also inserted every 50 samples. Internal
laboratory assay repeats showed good agreement with
first results and internal standards were in line with
specifications.
Verification of The verification of significant intersections by Significant intersections have been taken from previous
sampling and either independent or alternative company work by Lawson Gold Ltd which the Competent Person has
assaying personnel. assessed as being of high quality. No verification or check
assaying of previous explorer’s holes has been undertaken
to date.
Significant intersections were checked by alternative Moho
company personnel prior to announcement. Geological
logging was on laptop using Ocris logging software which
was then incorporated into Moho’s SQL database.
The use of twinned holes. Moho has not twinned any holes from previous work and
is not aware of any twinned holes at the project areas.
Documentation of primary data, data entry Moho has done sufficient verification of the data, in the
procedures, data verification, data storage Competent Person’s opinion to provide sufficient
(physical and electronic) protocols. confidence that past data entry, storage and validation of
assay data were performed to industry standard and is fit
for the purpose of planning exploration programs and
generating targets for investigation.
Discuss any adjustment to assay data. No adjustments have been made to any assay data.
Location of Accuracy and quality of surveys used to locate Moho has done sufficient verification of the data, in the
data points drillholes (collar and downhole surveys), Competent Person’s opinion to provide sufficient
trenches, mine workings and other locations confidence in the accuracy and quality of survey data and
used in Mineral Resource estimation. that is fit for the purpose of planning exploration programs
and generating targets for investigation.
DGPS is routinely used by Moho Resources to peg collar
locations, with an accuracy of 0.3m
Specification of the grid system used. Several grid systems have been used previously, including
AGD 1966 AMG Zone 51, AGD 1984 AMG Zone 50 and GDA
1994 MGA Zone 51.
Moho uses GDA 1994 MGA Zone 51 and previous data in
AGD 1966 AMG Zone 51 and AGD 1984 AMG Zone 50 have
been converted to GDA 1994 MGA Zone 51.
Quality and adequacy of topographic control. Topography is generally undulating in the project area and
nominal RLs or RLs taken from handheld GPS devices are
assumed to have been used historically. Moho continues to
verify the data and no problems or material issues have
been discovered to date. DGPS is routinely used by Moho
Resources to collect collar data, with an accuracy of 0.3m,
providing robust topographic control.
Data spacing Data spacing for reporting of Exploration Various data spacing has been used at various prospects by
and Results. previous explorers. Examples of data spacing are provided
distribution in the Independent Technical Assessment Report (ITAR).
Maps and figures in the ITAR show drill collars to illustrate
the data density at the various prospects.
Whether the data spacing and distribution is Drill density across the Mineral Resource area is sufficient
sufficient to establish the degree of geological for JORC (2012) indicated and inferred categories. Further
and grade continuity appropriate for the Mineral infill drilling will be required for other categories.
Resource and Ore Reserve estimation
procedure(s) and classifications applied.
Whether sample compositing has been applied. Insufficient information is available to assess whether
historical past explorers have applied sample compositing.
Orientation of Whether the orientation of sampling achieves The orientation of mineralization-controlling structures has
data in relation unbiased sampling of possible structures and the not been fully determined and a variety of drill orientations
to geological extent to which this is known, considering the have been used previously. Lawson Gold used oriented drill
structure deposit type.
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Moho Resources Mineral Resource Estimate July 2021 Statement 140721

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Criteria JORC Code explanation Commentary
If the relationship between the drilling core in its 2010 drilling which clarified the orientation of
orientation and the orientation of key mineralising structures at the East Sampson Dam prospect.
mineralised structures is considered to have Moho recognises the importance of understanding the
introduced a sampling bias, this should be structural controls on gold mineralisation and will prioritise
assessed and reported if material. the collection of oriented drill core in future gold diamond
drilling programs.
Moho’s validation and review has not located any
situations where drilling orientation is considered to have
introduced a material bias to reported results.
Sample The measures taken to ensure sample security. Given the historic nature of the data, this has not and may
security not be determinable. Moho believes that only past drill
core has been preserved and knows of no threats to its
security or integrity.
Samples generated though Moho drilling were delivered to
the laboratory in batches at regular intervals, being stored
in a secure facility prior to and following delivery.
Audits or The results of any audits or reviews of sampling The company engages independent consultants who
reviews techniques and data. regularly audit the data for inconsistencies and other
issues. None have been reported to date
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Section 2: Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section)

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Criteria JORC Code explanation Commentary
Mineral Type, reference name/number, location and On 27 July 2015, Moho entered into a farm-in and joint
tenement and ownership including agreements or material issues venture agreement with Lawson Gold Ltd (now Odin Metals
land tenure with third parties such as joint ventures, Ltd) on M27/263 and E27/345; both of which are subject to
status partnerships, overriding royalties, native title a 1.5% net smelter royalty under a prior agreement to Mithril
interests, historical sites, wilderness or national Resources Ltd. Under variation agreements; dated 20 March
park and environmental settings. 2017 and 3 October 2017; Moho can earn staged interests
The security of the tenure held at the time of up to a total of 70% in the tenements:
reporting along with any known impediments to  Earn 25% before 30 September 2018 by either drilling an
obtaining a licence to operate in the area. electromagnetic (EM) target on each tenement or
2,000 m of drilling for gold across the tenements
 Earn 26% by spending $400,000 on exploration before 30
June 2021 on the tenements (includes the amount
already spent by Moho)
 Earn a further 19% by spending $1,000,000 (includes
amounts already spent from Stage 1 and Stage 2) on
exploration before 30 June 2025 on the tenements.
On 9 August 2016, Moho entered into a variation agreement
with Nearology to buy 100% of E27/528 for $2,500 and the
issue of 500,000 shares. On 26 June 2018 the sale agreement
was completed, and Moho now has 100% beneficial rights to
the tenement.
Moho has applied for 100% of ELA27/613 and PLA27/2390
and holds 100% of PL27/2232.
All tenements are located on pastoral leases on Mount
Vetters and Gindalbie stations. A heritage survey for the first
stage of drilling has been completed with the Maduwongga
People. Refer to the Solicitor’s Report and Tenement
Schedule for more detailed information and other material
issues.
Exploration Acknowledgment and appraisal of exploration by Historical exploration has been completed over various
done by other other parties. areas covered by Moho’s tenements. Companies who have
parties worked in the area include:
 Australian-Anglo American JV (1969–1976)
 Union Miniere/WMC Resources Ltd JV (1974–1975)
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Moho Resources Mineral Resource Estimate July 2021 Statement 140721

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Criteria JORC Code explanation Commentary
 Esso Australia Ltd (1979–1981)
 Amax Resources Ltd (1982–1984)
 CRA Exploration Pty Ltd (1985–1989)
 Mount Kersey Mining (1990–1999)
 Aurora Gold (1991–1994)
 Fodina (MPI/Outokumpu) (1994–1995)
 NiQuest (2000–2005)
 Mithril Resources (2006–2007)
 Lawson Gold (2010–2012)
 Moho Resources (2015 to present).
Geology Deposit type, geological setting and style of The East Sampson Dam Project is highly prospective for
mineralisation. nickel and gold mineralisation. Gold is related to quartz-
feldspar porphyry bodies which have intruded dilational
zones within shear zones. It also can be spatially associated
with fine-grained pyroclastic and clastic rocks in the
Gindalbie area. Gold mineralisation in the area is locally
associated with quartz-carbonate stockwork veins, breccia
zones, sulphide-quartz-carbonate stringers and sheeted vein
arrays. The focus for nickel sulphides is either komatiite- or
intrusive-hosted (i.e. magmatic nickel deposits. Within the
East Sampson Dam Project area, the regional felsic Gindalbie
Group contains ultramafic units that host numerous massive
and disseminated nickel sulphide deposits
Drillhole A summary of all information material to the A summary of all relevant historic drillhole information and
information understanding of the exploration results including intersections for the East Sampson Dam prospect are shown
a tabulation of the following information for all in a table in the ITAR. Previous Moho drilling at East
Material drillholes: Sampson Dam has been reported in MOH:ASX
 easting and northing of the drillhole collar announcements dated: 16/11/2018, 19/12/2018,
 elevation or RL (Reduced Level – elevation 11/02/2020, 27/08/2020, 19/11/2020, 03/12/2020,
above sea level in metres) of the drillhole collar 12/01/2021, 02/02/2021, 02/03/2021, 30/03/2021. Only
 dip and azimuth of the hole the significant results are discussed and reported.
 downhole length and interception depth
 hole length.
If the exclusion of this information is justified on Not applicable, as no information has been excluded.
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 No averaging or cut offs have been applied to the data.
aggregation averaging techniques, maximum and/or minimum
methods grade truncations (e.g. cutting of high grades) and
cut-off grades are usually Material and should be
stated.
Where aggregate intercepts incorporate short Aggregation of intersections was undertaken on the East
lengths of high grade results and longer lengths of Sampson Dam prospect drillholes. All intervals aggregated
low grade results, the procedure used for such were of equal length and variable grades.
aggregation should be stated and some typical
examples of such aggregations should be shown in
detail.
The assumptions used for any reporting of metal No metal equivalents have been reported.
equivalent values should be clearly stated.
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Criteria JORC Code explanation Commentary
Relationship These relationships are particularly important in Historical drilling has been undertaken on various drill
between the reporting of Exploration Results. orientations, and thus does not represent true width
mineralisation If the geometry of the mineralisation with respect intersections. Future work by Moho will involve validation
widths and to the drillhole angle is known, its nature should be and reinterpretation of historical data.
intercept reported. The geometry of high-grade mineralisation discovered in
lengths If it is not known and only the downhole lengths recent diamond drilling by Moho and structural
are reported, there should be a clear statement to measurements support a shallow plunge to the south of
this effect (eg ‘downhole length, true width not around 20°. This is supported by Leapfrog grade shell images
known’). created by Moho’s consultant database manager. Data from
downhole televiewer structural logging will assist in
confirming this orientation as part of resource modelling
studies.
Diagrams Appropriate maps and sections (with scales) and Refer to diagrams in the body of the announcement and the
tabulations of intercepts should be included for any Mineral Resource Estimate July 2021 Statement.
significant discovery being reported These should
include, but not be limited to a plan view of
drillhole collar locations and appropriate sectional
views.
Balanced Where comprehensive reporting of all Exploration A large historical database has been compiled by previous
reporting Results is not practicable, representative reporting tenement holders. Detailed historic assay results for the East
of both low and high grades and/or widths should Sampson Dam prospect are displayed and tabled in the ITAR.
be practiced to avoid misleading reporting of Previous Moho drilling at East Sampson Dam has been
Exploration Results. reported in MOH:ASX announcements dated: 16/11/2018,
19/12/2018, 11/02/2020, 27/08/2020, 19/11/2020,
03/12/2020, 12/01/2021, 02/02/2021, 02/03/2021,
30/03/2021. Only the significant results are discussed and
reported.
Other Other exploration data, if meaningful and Geological interpretations are taken from historical and
substantive material, should be reported including (but not ongoing exploration activities. Previous work has provided a
exploration limited to): geological observations; geophysical reasonable understanding of the style and distribution of
data survey results; geochemical survey results; bulk local gold mineralized structures. Other areas outside the
samples – size and method of treatment; existing East Sampson Dam prospect are at a relatively early
metallurgical test results; bulk density, stage and further work will enhance the understanding of
groundwater, geotechnical and rock the gold prospectivity of these areas. All historical data is yet
characteristics; potential deleterious or to be completely validated by Moho for its quality and
contaminating substances. applicability to current exploration.
Further work The nature and scale of planned further work (e.g. RC drilling is planned to upgrade areas of the Resource and
tests for lateral extensions or depth extensions or test along strike and down plunge/dip extensions of the East
large-scale step-out drilling). Sampson Dam mineralisation. Moho plans to undertake
Diagrams clearly highlighting the areas of possible aircore drilling to follow up anomalism identified by
extensions, including the main geological geochemical sampling on M27/263.
interpretations and future drilling areas, provided
this information is not commercially sensitive.
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JORC 2012 Table 1 Section 3 – Estimation and Reporting of Mineral Resources

(Criteria listed in section 1, and where relevant in section 2, also apply to this section.)

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Criteria JORC Code explanation Commentary
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Database integrity Measures taken to ensure that data has not
been corrupted by, for example, transcription or
keying errors, between its initial collection and
its use for Mineral Resource estimation
purposes.

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Moho Resources Mineral Resource Estimate July 2021 Statement 140721

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Criteria JORC Code explanation Commentary
Data validation procedures used. CSA Global checked the drill hole files for the
following errors prior to Mineral Resource estimation:
 Absent collar data
 Multiple collar entries
 Questionable downhole survey results
 Absent survey data
 Overlapping intervals
 Negative sample lengths
 Sample intervals which extended beyond
the hole depth defined in the collar table.
Site visits Comment on any site visits undertaken by the Felicity Hughes, Competent Person for the Mineral
Competent Person and the outcome of those Resource estimate, completed a site visit on
visits. December 11, 2020.
During the site visit, the following was completed:
 Inspection of sample processing facilities
 Brief inspection of East Sampson Dam
prospect site
 Inspection of several drill holes from Moho
The core shed appeared to be relatively clean and well-
organised, and related procedures were being
followed. Data collection systems were found to be
consistent with industry good practice. Furthermore,
geological controls to the mineralisation were
sufficiently understood to enable a Mineral Resource
to be reported in accordance with the JORC Code.
If no site visits have been undertaken indicate Not applicable.
why this is the case.
Geological Confidence in (or conversely, the uncertainty of) Mineralisation interpretation was completed by Moho
interpretation the geological interpretation of the mineral who supplied Leapfrog grade shells at 0.2, 0.5, 1.0 and
deposit. 2.0 g/t gold for modelling. Modelled fault zones were
also supplied by Moho.
Nature of the data used and of any No material assumptions have been made which
assumptions made. effects the Mineral Resource estimate reported
herein.
The effect, if any, of alternative interpretations Alternative interpretations are not likely to materially
on Mineral Resource estimation. impact on the global Mineral Resource estimate.
The use of geology in guiding and controlling The main controls to the mineralisation are
Mineral Resource estimation. stratigraphic and structural, with mineralisation
The factors affecting continuity both of grade occurring in a series of steeply dipping ore shoots
and geology. striking NNW.
Dimensions The extent and variability of the Mineral The East Sampson Dam deposit constitutes of a
Resource expressed as length (along strike or mineralised zone which has been modelled between
otherwise), plan width, and depth below 363,600m E and 364,100m E, 6,637,490m N and
6,638,100m N. The dip extent extends from –375m RL
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Criteria JORC Code explanation Commentary
surface to the upper and lower limits of the to 240m RL. The average width and strike of the
Mineral Resource. modelled lode is approximately 130m by 400m.
Estimation and The nature and appropriateness of the Quantitative kriging neighbourhood analysis (QKNA)
modelling estimation technique(s) applied and key was undertaken to assess the effect of changing key
techniques assumptions, including treatment of extreme kriging neighbourhood parameters on block grade
grade values, domaining, interpolation estimates. All data within the mineralised shells >0.2g/t
parameters and maximum distance of Au were subject to QKNA. Kriging efficiency and slope
extrapolation from data points. If a computer of regression were determined for a range of block
assisted estimation method was chosen include sizes, minimum/maximum samples, search dimensions
a description of computer software and and discretisation grids.
parameters used. A three-pass search ellipse strategy was adopted
whereby search ellipses were progressively increased if
search criteria could not select sufficient data for the
block estimate. The primary, secondary and tertiary
search ellipse dimensions represent 50%, 100 % and
200% of the variogram range respectively.
Inverse Distance methods (ID2) was adopted to
interpolate grades into cells.
Statistical analysis was completed using Datamine’s
Supervisor software. All geological modelling and
grade estimation were completed using GEMS
software.
The availability of check estimates, previous An Ordinary Kriging model was completed for
estimates and/or mine production records and comparison.
whether the Mineral Resource estimate takes No Mineral Resource has been previously reported
appropriate account of such data. for East Sampson Dam.
The assumptions made regarding recovery of No assumptions have been made regarding recovery
by-products. of by-products.
Estimation of deleterious elements or other Ag, As and S were estimated in addition to the
non-grade variables of economic significance potentially economic element Au
(e.g. sulphur for acid mine drainage
characterisation).
In the case of block model interpolation, the A 2.5 m E by 10 m N by 1 m RL parent cell size was
block size in relation to the average sample used to honour wireframe boundaries. The drill hole
spacing and the search employed. data spacing is highly variable, from 10 to 120 m
apart. The block size represents approximately a
quarter of the drill spacing in the more densely drilled
central area of the deposit.
Any assumptions behind modelling of selective No assumptions were made regarding selective
mining units. mining units.
Any assumptions about correlation between No assumptions have been made regarding
variables correlation between variables.
Description of how the geological interpretation The main controls on mineralisation are structural and
was used to control the resource estimates. stratigraphic. Gold is associated with the intrusion of a
felsic porphyry unit into a succession of mafic and felsic
volcanics and black shales. Cross-cutting and strike-
parallel faults have modified the mineralisation into
steeply dipping shoots.
Discussion of basis for using or not using grade The requirement for top-cuts was reviewed given the
cutting or capping. potential for extreme grades to bias block grade
estimation.
For each variable in each statistical domain,
histograms and log-probability plots were reviewed to
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Moho Resources Mineral Resource Estimate July 2021 Statement 140721

Criteria JORC Code explanation
Commentary
JORC Code explanation
Commentary
determine the point at which the number of samples
supportinga high-grade distribution diminishes.
The process of validation, the checking process
used, the comparison of model data to drillhole
data, and use of reconciliation data if available.
Drillhole grades were initially visually compared with
cell model grades. Domain drill hole and block model
statistics were then compared. Swath plots were also
created to compare drillhole grades with block model
grades for easting, northing and elevation slices
throughout the deposit. The block model reflected the
tenor of the grades in the drill hole samples both
globallyand locally.
Moisture Whether the tonnages are estimated on a dry
basis or with natural moisture, and the method
of determination of the moisture content.
Tonnages are estimated on a dry basis. Moisture
content was measured in a selection of RC drillholes
considered representative over the entire area of the
deposit. Moisture content was interpolated into the
block model using ID2 methods.
Tonnes are reported on a drybasis.
Cut-off parameters The basis of the adopted cut-off grade(s) or
quality parameters applied.
The Mineral Resource reported above a cut-off grade
of 0.5 g/t Au, representing mineralisation within the
modelled grade shells that is considered economic to
mine
Mining factors or
assumptions
Assumptions made regarding possible mining
methods, minimum mining dimensions and
internal (or, if applicable, external) mining
dilution. It is always necessary as part of the
process of determining reasonable prospects
for eventual economic extraction to consider
potential mining methods, but the assumptions
made regarding mining methods and
parameters when estimating Mineral Resources
may not always be rigorous. Where this is the
case, this should be reported with an
explanation of the basis of the mining
assumptions made.
In selecting the reporting cut-off grade, the mining
method has been considered. It is anticipated that
East Sampson Dam will be an open pit mining
scenario.

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Moho Resources Mineral Resource Estimate July 2021 Statement 140721

Criteria
JORC Code explanation
Commentary
Criteria
JORC Code explanation
Commentary
Criteria
JORC Code explanation
Commentary
Metallurgical factors
or assumptions
The basis for assumptions or predictions
regarding metallurgical amenability. It is
always necessary as part of the process of
determining reasonable prospects for eventual
economic extraction to consider potential
metallurgical methods, but the assumptions
regarding metallurgical treatment processes
and parameters made when reporting Mineral
Resources may not always be rigorous. Where
this is the case, this should be reported with an
explanation of the basis of the metallurgical
assumptions made.
A metallurgical test work program was undertaken by
JT Metallurgical Services Pty Ltd to reflect the
treatment of ESD mineralisation through Kalgoorlie toll
treatment facilities. The test work conditions were
designed to replicate these toll milling facilities
operating parameters namely grind size, cyanide and
dissolved oxygen concentrations, residence time and
pH. Kalgoorlie sourced, hypersaline raw water was
utilised in all tests to best gauge consumption rates of
lime and cyanide. All compositing and metallurgical
test work was conducted at Metallurgy Pty Ltd in Perth
with solid assays conducted at NATA accredited
Nagrom Laboratories in Perth. All composites were
assayed via Bulk Leach Extractable Grade with Fire
Assay finish (BLEG) to mitigate any possible effect of
coarse gold with comprehensive assays completed on
six of the nine variability composites. The other three
variability composites were acquired purely for
rheological test work. The comprehensive head assays
showed
that
the
six
composites
had
low
concentrations of common deleterious elements such
as As, Cu, Sb and Te. Elevated organic carbon at 0.58%
was noted in the ‘Shale’ variability composite. Bulk 20
kg representative samples of six of the nine variability
composites were ground to P80 300 micron then
passed
through
a
laboratory
sized
Knelson
concentrator prior to intensive leaching of the gravity
concentrate. This aimed to match the operation of an
ACACIA leach reactor commonly used in the Goldfields
for treatment of gravity gold concentrates. The
conditions used mirrored those expected in a typical
Kalgoorlie toll processing plant. Details in MOH:ASX
announcement 25/08/2020
Environmental
factors or
assumptions
Assumptions made regarding possible waste
and process residue disposal options. It is
always necessary as part of the process of
determining reasonable prospects for eventual
economic extraction to consider the potential
environmental impacts of the mining and
processing operation. While at this stage the
determination of potential environmental
impacts, particularly for a greenfields project,
may not always be well advanced, the status of
early consideration of these potential
environmental impacts should be reported.
Where these aspects have not been considered
this should be reported with an explanation of
the environmental assumptions made.
It is assumed that there will be no significant
environmental impediments to developing the
project. This is an early-stage project and potential
environmental impacts require review.

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Criteria JORC Code explanation Commentary
Bulk density Whether assumed or determined. If assumed, Down-hole gamma logging for in situ wet density was
the basis for the assumptions. If determined, completed on approximately 20% of the holes, and
the method used, whether wet or dry, the moisture content determined on approximately 12% of
frequency of the measurements, the nature, the holes. Selection of holes covered the entire area of
size and representativeness of the samples. the deposit and compete weathering profile.
Dry bulk density values were available from historical
diamond drillholes.
The bulk density for bulk material must have The Archimedes method measurements were
been measured by methods that adequately determined for the selected core samples by
account for void spaces (vugs, porosity, etc.), measuring the weight of part or the entire sample in air
moisture and differences between rock and and water and then applying the formula bulk density
alteration zones within the deposit. = weight_air/(weight_air-weight_water).
Discuss assumptions for bulk density estimates As there was a reasonable amount of density and
used in the evaluation process of the different moisture data in the modelled mineralisation envelope
materials. at East Sampson Dam, in situ wet density, moisture
content and dry bulk density were estimated in the
block model.
Classification The basis for the classification of the Mineral The Mineral Resource has been classified following due
Resources into varying confidence categories. consideration of all criteria contained in Section 1,
Section 2 and Section 3 of JORC 2012 Table 1.
After considering data quality and geological
continuity, grade estimation quality was assessed.
The Competent Person classified the East Sampson
Dam Mineral Resource as indicated and Inferred.
Whether appropriate account has been taken Appropriate account has been taken of all relevant
of all relevant factors (i.e. relative confidence in criteria including data integrity, data quantity,
tonnage/grade estimations, reliability of input geological continuity, and grade continuity.
data, confidence in continuity of geology and
metal values, quality, quantity and distribution
of the data).
Whether the result appropriately reflects the The Mineral Resource estimate appropriately reflects
Competent Person’s view of the deposit. the Competent Person’s views of the deposit.
Audits or reviews The results of any audits or reviews of Mineral The current model has not been audited by an
Resource estimates. independent third party but has been subject to CSA
Global’s internal peer review processes.
Discussion of relative Where appropriate a statement of the relative The Mineral Resource accuracy is communicated
accuracy/ accuracy and confidence level in the Mineral through the classification assigned to this Mineral
confidence Resource estimate using an approach or Resource.
procedure deemed appropriate by the The Mineral Resource estimate has been classified in
Competent Person. For example, the accordance with the JORC Code, 2012 Edition using a
application of statistical or geostatistical qualitative approach. All factors that have been
procedures to quantify the relative accuracy of considered have been adequately communicated in
the resource within stated confidence limits, or, Section 1 and Section 3 of this Table.
if such an approach is not deemed appropriate,
a qualitative discussion of the factors that could
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Criteria JORC Code explanation
Commentary
JORC Code explanation
Commentary
affect the relative accuracy and confidence of
the estimate.
The statement should specify whether it relates
to global or local estimates, and, if local, state
the relevant tonnages, which should be
relevant to technical and economic evaluation.
Documentation should include assumptions
made and theprocedures used.
The Mineral Resource statement relates to a global
tonnage and grade estimate. Grade estimates have
been made for each block in the block model.
These statements of relative accuracy and
confidence of the estimate should be compared
with production data, where available.
No production data is available.

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