AI assistant
MOHO RESOURCES LIMITED — Interim / Quarterly Report 2025
Jul 30, 2025
65359_rns_2025-07-30_776c3f18-c9a0-44a9-a5b4-bdc1757b5691.pdf
Interim / Quarterly Report
Open in viewerOpens in your device viewer
==> picture [263 x 70] intentionally omitted <==
31 July 2025
QUARTERLY REPORT TO 30 JUNE 2025
Moho Resources Limited ( ASX:MOH ) (“ Moho ”) (“ the Company ”) reports on its activities for the quarter ended 30 June 2025.
SUMMARY OF OPERATIONS
-
Completion of the binding Sale and Purchase Agreement with Qld Aus Graphite Pty Ltd (QAG) for the sale of the Empress Springs Project in Queensland, delivering a $408,500 cash inflow during the quarter and securing a deferred payment of $300,000 in May 2026.
-
A 4 km long gold-in-soil anomaly identified at the Silver Swan North Project (E27/623), representing a significant new gold target in a historically nickeldominant area.
-
Continued focus on strategic review and portfolio rationalisation to support value generation and exploration-driven growth.
==> picture [443 x 235] intentionally omitted <==
Figure 1: Moho Resources Silver Swan North Project, located 40km from the city of Kalgoorlie-Boulder
CORPORATE
Empress Spring Divestment
On 21 May 2025, Moho completed the sale of its Empress Springs Project to Qld Aus Graphite Pty Ltd (QAG). The transaction followed the execution of a variation deed on 30 April 2025, which revised the consideration to:
-
$408,500 (ex GST) cash received at completion on 21 May 2025; and
-
$300,000 (ex GST) deferred cash payment, due 12 months post-completion (21 May 2026).
The successful divestment reflects Moho’s ongoing commitment to streamlining its asset base and prioritising exploration activities with the greatest potential for near-term growth.
ABN 81 156 217 971 168 STIRLING HIGHWAY, NEDLANDS WA 6009 +61 (8) 6165 8858 ASX: MOH [email protected] www.mohoresources.com.au
==> picture [263 x 70] intentionally omitted <==
The proceeds from the transaction will enhance the Company’s financial flexibility as it continues to advance its core projects and assess new opportunities that align with its strategic growth objectives and commitment to shareholder value creation.
EXPLORATION
Silver Swan Project (E27/623)
The Silver Swan North Project is located approximately 40km northeast of Kalgoorlie, Western Australia, and lies within a highly prospective structural corridor on the eastern flank of the Kanowna/Scotia Dome. The tenement is positioned between two major goldhosting geological terranes: the Kalgoorlie and Kurnalpi terranes, with the regional Mount Monger–Moriarty Fault trending nearby.
During the quarter, Moho has identified a significant gold-in-soil anomaly at its 100%owned Silver Swan North Project, located approximately 40km from the city of KalgoorlieBoulder in Western Australia. The project is situated in the heart of the Eastern Goldfields, an area with multiple established gold operations within a 40km radius, and lies just 2 km from Horizon Minerals’ (ASX:HRZ) Black Swan Plant Gold Conversion Project.
This work represents the Company’s first gold-focused exploration campaign on the project, which has historically been explored for nickel. The soil sampling program, conducted in March 2025, has defined a coherent 4km long by 1km wide gold-in-soil anomaly, with gold concentrations above +10 ppb Au. Within this zone, a higher-grade core measuring approximately 1.4 km in length has been delineated by samples exceeding +20 ppb Au.
Geologically, the project is located on the eastern flank of the Kanowna/Scotia Dome within the Boorara Domain. The regional Mount Monger–Moriarty Fault runs east of E27/623 and marks a structural corridor separating two key tectonic provinces – the Kalgoorlie Terrane to the west and the Kurnalpi Terrane to the east. Notably, the project lies within 30 km of several prominent gold mining centres, including Kanowna Belle, Gordon-Sirdar, Mulgarrie, and Gindalbie.
Moho is preparing to undertake a preliminary aircore drilling program to assess the gold anomaly within both the oxide profile and underlying basement, targeting the potential for a primary gold source.
Weld Range North Project (E20/1012)
The Weld Range North Project, located in the Youanmi Terrain, is a syncline of generally low-grade metamorphosed deformed mafic/ultramafic assemblages with intervening felsic volcanics, such as tuffs and schists. The project includes two distinct types of Archean terrain namely, the predominant Yilgarn cratonic granitoids and the northern edge of the Weld Range Greenstone Belt.
Large-scale mafic/ultramafic processes in the Meso to Neoarchean era of the Yilgarn Craton in Western Australia have long been recognized and form part of several Large Igneous Provinces (LIP) spanning 100 million years. The Youanmi Terrane, located in the western Yilgarn Craton, is distinctive because its greenstone belts contain a high proportion of intrusive mafic and ultramafic rocks. It is believed that the overlapping magnetic and gravity anomalies at Moho’s Weld Range North Project are the geophysical indicators of one of these intrusions.
ABN 81 156 217 971 168 STIRLING HIGHWAY, NEDLANDS WA 6009 +61 (8) 6165 8858 ASX: MOH [email protected] www.mohoresources.com.au
==> picture [263 x 70] intentionally omitted <==
No significant exploration activities were undertaken during the quarter on the Weld Range North Project.
ADDITIONAL ASX INFORMATION
Summary of Exploration Expenditure (ASX Listing Rule 5.3.1)
In accordance with Listing Rule 5.3.1, the Company advises the cash outflows on its mining exploration activities reported in 1.2(1) of its Appendix 5B for the June 2025 quarter and detailed above were, $124,758.
Mining Production and Development (ASX Listing Rule 5.3.2)
There were no substantive mining production and development activities during the quarter.
Payment to Related Parties (ASX Listing Rule 5.3.5)
The Company advises the payments in section 6.1 of the Appendix 5B for the quarter are related to director fees.
The mining tenement interests acquired or relinquished during the quarter and their location
As part of its evaluation and efforts to optimize its portfolio, the Company relinquished its interest in the following tenements to focus on opportunities that better align with its strategic objectives and enhance shareholder value.
| Tenement ID | Project | State |
|---|---|---|
| P27/2200 | GORDON | WA |
As announced on 22 May 2025, the Company sold its Empress Springs project, tenements listed below.
==> picture [150 x 138] intentionally omitted <==
----- Start of picture text -----
EMPRESS SPRINGS TENEMENT ID
EPM25208
EPM25209
EPM25210
EPM27193
EPM27199
EPM27200
EPM27194
EPM27195
EPM27196
EPM27197
EPM27198
----- End of picture text -----
ENDS
The Board of Directors of Moho Resources Limited authorised this announcement to be given to ASX.
For further information please contact:
Peter Christie, Chairman T: (08) 6269 3300
ABN 81 156 217 971 168 STIRLING HIGHWAY, NEDLANDS WA 6009 +61 (8) 6165 8858 ASX: MOH [email protected] www.mohoresources.com.au
==> picture [263 x 70] intentionally omitted <==
COMPETENT PERSONS STATEMENTS
The information in this report that relates to Exploration Results and Exploration Targets is based on information compiled by Mr. Graeme Hardwick. Mr. Hardwick is a Member of Australian Institute of Geoscientists (MAIG) and Moho Resource’s Geologist and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr. Hardwick consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
FORWARD-LOOKING STATEMENTS
This document may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning Moho Resources Limited’s planned exploration program and other statements that are not historical facts. When used in this document, words such as "could," "plan," "expect," "intend," "may”, "potential," "should," and similar expressions are forward-looking statements. Although Moho believes that its expectations reflected in these forward- looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that further exploration activities will result in the actual values, results or events expressed or implied in this document.
ABOUT MOHO RESOURCES LTD
Moho Resources Ltd is an Australian exploration company exploring for gold and other minerals across Australia.
Moho’s Board is chaired by Mr Peter Christie, a qualified accountant and tax agent and highly successful businessman. He has served on the boards of several public companies in the resource sector since 2006 and is the current club President of WAFL club, the South Fremantle Bulldogs.
Moho has a strong and experienced Board with Mr Michael Pereira and Mr Bryce Gould, corporate advisors, both as Non-Executives.
ABN 81 156 217 971 168 STIRLING HIGHWAY, NEDLANDS WA 6009 +61 (8) 6165 8858 ASX: MOH [email protected] www.mohoresources.com.au
==> picture [263 x 70] intentionally omitted <==
TENEMENT SCHEDULE: Moho tenement holdings at 31 December 2024.
| PROJECT | TENEMENT | AREA (km2) |
TENURE TYPE | STATUS | GRANT DATE | EXPIRY DATE |
INTEREST CHANGE |
CURRENT INTEREST |
|---|---|---|---|---|---|---|---|---|
| E27/641 | 19 | EXPLORATION | GRANTED | 5/07/2022 | 4/07/2027 | - | 100% | |
| E27/633 | 6 | EXPLORATION | GRANTED | 29/03/2022 | 28/03/2027 | 100% | ||
| E27/687 | 2 | EXPLORATION | GRANTED | 29/05/2023 | 28/05/2023 | - | 100% | |
| M27/488 | 0.55 | MINING | OPTION | 14/07/2015 | 13/07/2036 | - | 0% | |
| E27/0623 | 14 | EXPLORATION | GRANTED | 14/12/2021 | 13/12/2026 | - | 100% | |
| E70/6307 | 280 | EXPLORATION | GRANTED | 13/12/2022 | 12/12/2027 | - | 100% | |
| E70/6308 | 4 | EXPLORATION | GRANTED | 9/12/2022 | 8/12/2027 | - | 100% | |
| E70/6309 | 2 | EXPLORATION | GRANTED | 13/12/2022 | 12/12/2027 | - | 100% | |
| E74/695 | 299 | EXPLORATION | GRANTED | 20/01/2022 | 19/01/2027 | - | 100% | |
| E63/2163 | 75 | EXPLORATION | GRANTED | 21/12/2021 | 20/12/2026 | - | 100% | |
| E74/766 | 20 | EXPLORATION | GRANTED | 13/07/2023 | 12/07/2028 | - | 100% | |
| WELD RANGE NORTH(WA) |
E20/1012 | 13 | EXPLORATION | GRANTED | 22/07/2022 | 22/07/2027 | - | 100% |
ABN 81 156 217 971 168 STIRLING HIGHWAY, NEDLANDS WA 6009 +61 (8) 6165 8858 ASX: MOH [email protected] www.mohoresources.com.au
Rule 5.5
Appendix 5B
Mining exploration entity or oil and gas exploration entity quarterly cash flow report
Name of entity
MOHO RESOURCES LIMITED ABN Quarter ended (“current quarter”) 81 156 217 971 30 June 2025
| Consolidated statement of cash flows | Current quarter $A’000 |
Year to date (12 months) $A’000 |
|---|---|---|
| 1. Cash flows from operating activities 1.1 Receipts from customers 1.2 Payments for (a) exploration & evaluation (if expensed) (b) development (c) production (d) staff costs (e) administration and corporate costs 1.3 Dividends received (see note 3) 1.4 Interest received 1.5 Interest and other costs of finance paid 1.6 Income taxes paid 1.7 1.8 Government grants and tax incentives Other (provide details if material (a) Interest on lease payments (b) Other (GST & Other Refunds) 1.9 Net cash from / (used in) operating activities |
- - - - (56) (167) - 11 - - - |
- (18) - - (344) (720) - 33 - - - |
| (212) | (1,049) | |
| 2. Cash flows from investing activities 2.1 Payments to acquire or for: (a) entities (b) tenements (c) property, plant and equipment (d) exploration & evaluation (if capitalised) (e) investments (f) other non-current assets |
- - - (125) - - |
- - - (892) - - |
ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.
Page 1
Appendix 5B
Mining exploration entity or oil and gas exploration entity quarterly cash flow report
| Consolidated statement of cash flows | Current quarter $A’000 |
Year to date (12 months) $A’000 |
|---|---|---|
| 2.2 Proceeds from the disposal of: (a) entities (b) tenements (c) property, plant and equipment (d) investments (e) other non-current assets 2.3 Cash flows from loans to other entities 2.4 Dividends received (see note 3) 2.5 Other (provide details if material) 2.6 Net cash from / (used in) investing activities |
- 549 - - - - - - |
- 1,549 - - - - - - |
| 424 | 657 | |
| 3. Cash flows from financing activities 3.1 Proceeds from issues of equity securities (excluding convertible debt securities) 3.2 Proceeds from issue of convertible debt securities 3.3 Proceeds from exercise of options 3.4 Transaction costs related to issues of equity securities or convertible debt securities 3.5 Proceeds from borrowings 3.6 Repayment of borrowings 3.7 Transaction costs related to loans and borrowings 3.8 Dividends paid 3.9 Other – lease payment 3.10 Net cash from / (used in) financing activities |
- - - (10) - - - - - |
746 - - (136) - - - - - |
| (10) | 610 | |
| 4. Net increase / (decrease) in cash and cash equivalents for the period |
||
| 4.1 Cash and cash equivalents at beginning of period 4.2 Net cash from / (used in) operating activities (item 1.9 above) 4.3 Net cash from / (used in) investing activities (item 2.6 above) 4.4 Net cash from / (used in) financing activities (item 3.10 above) |
1,017 (212) 424 (10) |
1,001 (1,049) 657 610 |
ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.
Page 2
Appendix 5B
Mining exploration entity or oil and gas exploration entity quarterly cash flow report
| Consolidated statement of cash flows | Current quarter $A’000 |
Year to date (12 months) $A’000 |
|---|---|---|
| 4.5 Effect of movement in exchange rates on cash held 4.6 Cash and cash equivalents at end of period |
- | - |
| 1,219 | 1,219 | |
| 5. Reconciliation of cash and cash equivalents at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts |
Current quarter $A’000 |
Previous quarter $A’000 |
| 5.1 Bank balances 5.2 Call deposits 5.3 Bank overdrafts 5.4 Other (provide details) 5.5 Cash and cash equivalents at end of quarter (should equal item 4.6 above) |
1,219 - - - |
1,017 - - - |
| 1,219 | 1,017 | |
| 6. Payments to related parties of the entity and their associates |
Current quarter $A'000 |
|
| 6.1 Aggregate amount of payments to related parties and their associates included in item 1 29 6.2 Aggregate amount of payments to related parties and their associates included in item 2 - Note: if any amounts are shown in items 6.1 or 6.2, your quarterly activity report must include a description of, and an explanation for, such payments. |
29 | |
| - |
ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.
Page 3
Appendix 5B
Mining exploration entity or oil and gas exploration entity quarterly cash flow report
| 7. 7.1 7.2 7.3 7.4 7.5 7.6 |
Financing facilities Note: the term “facility’ includes all forms of financing arrangements available to the entity. Add notes as necessary for an understanding of the sources of finance available to the entity. Total facility amount at quarter end $A’000 Amount drawn at quarter end $A’000 Loan facilities - - Credit standby arrangements - - Other (please specify) - - Total financing facilities - - Unused financing facilities available at quarter end - Include in the box below a description of each facility above, including the lender, interest rate, maturity date and whether it is secured or unsecured. If any additional financing facilities have been entered into or are proposed to be entered into after quarter end, include a note providing details of those facilities as well. |
Total facility amount at quarter end $A’000 |
Amount drawn at quarter end $A’000 |
|---|---|---|---|
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| 8. | Estimated cash available for future operating activities | $A’000 | |
| 8.1 8.2 8.3 8.4 8.5 8.6 8.7 8.8 |
Net cash from / (used in) operating activities (item 1.9) (212) (Payments for exploration & evaluation classified as investing activities) (item 2.1(d)) (125) Total relevant outgoings (item 8.1 + item 8.2) (337) Cash and cash equivalents at quarter end (item 4.6) 1,219 Unused finance facilities available at quarter end (item 7.5) - Total available funding (item 8.4 + item 8.5) 1,219 Estimated quarters of funding available (item 8.6 divided by item 8.3) 3.619 Note: if the entity has reported positive relevant outgoings (ie a net cash inflow) in item 8.3, answer item 8.7 as “N/A”. Otherwise, a figure for the estimated quarters of funding available must be included in item 8.7. If item 8.7 is less than 2 quarters, please provide answers to the following questions: 8.8.1 Does the entity expect that it will continue to have the current level of net operating cash flows for the time being and, if not, why not? |
(212) (125) (337) 1,219 - |
|
| 1,219 | |||
| Answer: | |||
| 8.8.2 Has the entity taken any steps, or does it propose to take any steps, to raise further cash to fund its operations and, if so, what are those steps and how likely does it believe that they will be successful? |
|||
| Answer: | |||
| 8.8.3 Does the entity expect to be able to continue its operations and to meet its business objectives and, if so, on what basis? |
|||
| Answer: | |||
| Note: where item 8.7 is less than 2 quarters, all of questions 8.8.1, 8.8.2 and 8.8.3 above must be answered. |
ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.
Page 4
Appendix 5B
Mining exploration entity or oil and gas exploration entity quarterly cash flow report
Compliance statement
-
1 This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A.
-
2 This statement gives a true and fair view of the matters disclosed.
Date: 31 July 2025
Authorised by: The Board of Moho Resources Limited
Notes
-
This quarterly cash flow report and the accompanying activity report provide a basis for informing the market about the entity’s activities for the past quarter, how they have been financed and the effect this has had on its cash position. An entity that wishes to disclose additional information over and above the minimum required under the Listing Rules is encouraged to do so.
-
If this quarterly cash flow report has been prepared in accordance with Australian Accounting Standards, the definitions in, and provisions of, AASB 6: Exploration for and Evaluation of Mineral Resources and AASB 107: Statement of Cash Flows apply to this report. If this quarterly cash flow report has been prepared in accordance with other accounting standards agreed by ASX pursuant to Listing Rule 19.11A, the corresponding equivalent standards apply to this report.
-
Dividends received may be classified either as cash flows from operating activities or cash flows from investing activities, depending on the accounting policy of the entity.
-
If this report has been authorised for release to the market by your board of directors, you can insert here: “By the board”. If it has been authorised for release to the market by a committee of your board of directors, you can insert here: “By the [ name of board committee – eg Audit and Risk Committee ]”. If it has been authorised for release to the market by a disclosure committee, you can insert here: “By the Disclosure Committee”.
-
If this report has been authorised for release to the market by your board of directors and you wish to hold yourself out as complying with recommendation 4.2 of the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations , the board should have received a declaration from its CEO and CFO that, in their opinion, the financial records of the entity have been properly maintained, that this report complies with the appropriate accounting standards and gives a true and fair view of the cash flows of the entity, and that their opinion has been formed on the basis of a sound system of risk management and internal control which is operating effectively.
ASX Listing Rules Appendix 5B (17/07/20) + See chapter 19 of the ASX Listing Rules for defined terms.
Page 5