Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

MOHO RESOURCES LIMITED Investor Presentation 2021

Apr 28, 2021

65359_rns_2021-04-28_6d8f3be9-5f86-4013-813b-d91b39f9e610.pdf

Investor Presentation

Open in viewer

Opens in your device viewer

STOCKHEAD VIRTUAL GOLD CONFERENCE - APRIL 2021

DISCLAIMER

This presentation is not a prospectus nor an offer or inducement to subscribe for shares in Moho Resources Ltd (Moho) and has not been lodged with the Australian Securities and Investments Commission. Except for any liability which cannot be excluded by law, Moho and its affiliates expressly disclaim and accept no responsibility or liability (including liability for negligence) for the contents of this document.

This presentation has been prepared for the consideration of interested parties in Moho and does not carry any right of publication or disclosure to any other party. This presentation is incomplete without reference to and should be viewed solely in conjunctions with the oral briefing provided by Moho's management. Neither this presentation nor its content may be used for any other purpose without prior written consent of Moho.

The information contained in this presentation is of general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation.

This document may contain forward-looking statements. Investors are cautioned that forward‐looking statements are not guarantees of future performance and accordingly investors are cautioned not to put undue reliance on forward‐looking statements due to the inherent uncertainty therein.

This presentation is authorised for release by the board.

SUMMARY WHY INVEST?

  • ✓ Exploring for company-making gold and nickel discoveries in Australia
  • ✓ Highly experienced board, management and technical consultants to unlock resources
  • ✓ Opportunity to use cashflow from East Sampson Dam gold production to fund future expansion
  • ✓ JV-Agreements in place with major ASX-listed miner
  • ✓ Mining-friendly, tier-1 destinations with projects in WA and QLD
  • ✓ Active exploration underway with strong newsflow

BOARD & TECHNICAL CONSULTANTS

CORPORATE OVERVIEW

Capital Structure

On Issue # 103M**
(100%)
Share Price
as at 14/4/21
\$0.085
Options on Issue* 47.8M
Market Cap # ~ \$8.2M
(at 8.5cps)
Cash #
as at 1/4/21
~\$1.2M
Enterprise Value # ~\$7.0M
Top 20 Holders ~33%

* Includes 27.6M listed options (MOHO) with \$0.25 exercise price and 9/7/23 expiry, and 20.2M unlisted options with exercise prices ranging from \$0.19 to \$0.50 per share

EXPLORING FOR COMPANY MAKERS

  • Large belt -scale potential for tier -1 gold deposits in Nth Qld
  • +90km anomaly falls within the top 1% of ground water gold anomalism nationally

  • Exposure to Gold & Nickel in prospective ground holdings around Poseidon's Black Swan Nickel Operations

  • Advancing East Sampson Dam Gold Project for early cashflow potential

• Underexplored greenstone belt in WA wheatbelt only ~20km from Ramelius' Edna May gold mine

6

EMPRESS SPRINGS PROJECT

EMPRESS SPRINGS (QLD) – Au A POTENTIAL COMPANY MAKER

  • Exploration for giant gold deposits in virgin area
  • Farm-in with IGO Ltd 70% interest soon to be earned by Moho
  • 20 km south of Croydon Goldfield (1.2M oz historic Au production)
  • Aircore drilling by Moho in 2018-19 discovered 3 separate mineralised areas under shallow cover
  • Limited follow-up RC drilling 2019:
  • ESMH0001: 22m @ 1.0g/t Au from 46-68m
  • ESMH0024: 24m @ 0.7g/t Au from 46-70m
  • Moho holds most of the prospective ground (~3,400km2 )

ANOMALOUS +90km GOLD ZONE IDENTIFIED

  • Novel hydrogeochemical sampling study conducted across regional boreholes in partnership with CSIRO*
  • +90km extent returned gold anomalism and porphyry signatures
  • Anomaly falls within the top 1% of ground water gold anomalism nationally
  • Confirmation of New mineral province discovery on par with scale of Fraser Range mineral province discovery
  • Moho expands footprint to include new areas of interest
  • Results to feed into future exploration activities

* See ASX Announcement dated 23 March 2021

SILVER SWAN NORTH PROJECT

SILVER SWAN NORTH GOLD/NICKEL PROJECT

  • Extensive land holding ~112km 2 (100% owned), ~55km from Kalgoorlie, WA
  • Underexplored tenure on granted mining lease with no historical nickel exploration on E27/613
  • High grade gold intersections at East Sampson Dam prospect
  • Approximately 3.3km long, magnetic unit coincident with a zone of ultramafic rocks has been identified
  • Close proximity to Black Swan nickel plant, high grade Silver Swan Nickel Mine, and recent high grade Golden Swan nickel discovery by Poseidon Nickel (POS)
  • Potential for early stage cashflow

HIGH GRADE RESULTS AT FEB 21* RESOURCE DEFINITION RC DRILLING:

  • SSMH0102: 2m @ 4.48 g/t Au from 100m incl. 1m @ 8.31 g/t Au from 100m
  • SSMH0105: 6m @ 2.3 g/t Au from 105m incl. 1m @ 3.63 g/t Au from 105m, incl. 1m @ 6.80 g/t Au from 110m
  • SSMH0109: 2m @ 2.98 g/t Au from 58m incl. 1m @ 5.26 g/t Au from 58m
  • SSMH0110: 2m @ 2.61 g/t Au from 61m incl. 1m @ 8.27 g/t Au from 62m

HIGH GRADE RESULTS AT NOV 20 & JAN 21** RESOURCE DEFINITION DIAMOND DRILLING:

  • SSMH0095: 2m @ 18.0 g/t Au from 105m, incl. 1m @ 34.8 g/t Au from 106m
  • SSMH0097: 6m @ 5.63 g/t Au from 18m, incl. 1m @ 16.2 g/t Au from 19m & 1m @ 13.5 g/t Au from 23m
  • SSMH0098: 1m @ 4.67 g/t Au from 52m, 3m @ 1.17 g/t Au from 63m & 1m @ 18.2 g/t Au from 69m
  • SSMH0100: 7m @ 4.78 g/t Au from 51m incl. 1m @ 22.2 g/t Au from 53m, 5m @ 8.01 g/t Au from 59m incl. 1m @ 23.5 g/t Au from 60m, and 2m @ 6.91 g/t Au from 77m

HIGH GRADE RESULTS AT FEB 20**

REVERSE CIRCULATION EXPLORATION DRILLING:

  • SSMH0051: 15m @ 4.71 g/t Au from 88m, Incl. 3m @ 15.18 g/t Au from 100m
  • SSMH0062: 5m @ 10.36 g/t Au from 59m, Incl. 2m @ 24.61 g/t Au from 56m
  • SSMH0075: 9m @ 4.28 g/t Au from 19m, Incl. 3m @ 3.37 g/t Au from 19m and 1m @ 24.3 g/t Au from 25m
  • SSMH0056: 11m @ 3.11 g/t Au from 65m, Incl. 1m @ 17.7 g/t Au from 72m
  • SSMH0063: 2m @ 17.0 g/t Au from 73m
  • SSMH0068: 2m @ 5.40 g/t Au from 88m, Incl. 1m @ 10.30 g/t Au from 88m
  • SSMH0077: 2m @ 12.33 g/t Au from 88m, Incl. 1m @ 22.8 g/t Au at 89m (EOH)

12 **Results from ASX announcement by Moho, 19 November 2020: "High grade diamond drill results - East Sampson Dam gold prospect" & 12 January 2021 "High grade diamond drill results - East Sampson Dam prospect" **Results from ASX announcement by Moho, 11 February 2020: "Significant gold assays at East Sampson Dam prospect"

EAST SAMPSON DAM EXPLORATION UPSIDE

  • Latest RC drilling results indicate potential extensions
  • Mineralised zone open north and south
  • Results include: SSMH0139: 6m @ 11.03 g/t Au from 62m*
  • Results add to structural and lithological model, confirming geological understanding

EXPLORATION PRIORITISED TOWARDS EARLY GOLD PRODUCTION

  • Infill RC and diamond drill programs completed for maiden JORC Resource and Scoping Study at East Sampson Dam
  • Surface sampling confirms semi-continuous gold anomalism over 11km within Moho's granted tenements
  • Drilling confirms further mineralised extensions
  • Flora/Fauna & Aboriginal heritage completed with no issues
  • Potential toll milling arrangements under investigation
  • Maiden JORC Resource targeted for Q2 2021
  • Scoping Study targeted for end Q2 2021
  • Aircore drilling to test gold auger anomalies on M27/263 over 2.5km targeted Q2 2021

BURRACOPPIN PROJECT

BURRACOPPIN (WA) - Au NEW DISCOVERY IN GREENSTONE BELT

  • Moho (70%) in JV with IGO Ltd; 100% Moho owned tenure on adjacent ground
  • In Southern Cross Greenstone Belt ~20km west of Edna May Mine
  • Gold/silver mineralisation discovered by Moho in bedrock
  • On structural trend to Tampia gold deposit (owned by Explaurum prior to takeover by Ramelius Resources)

BURRACOPPIN (WA) - AU INITIAL RESULTS HIGHLY ENCOURAGING AT CROSSROADS PROSPECT

  • Bedrock gold intersected in maiden AC drilling in early 2020
  • Open to S, E and at depth; peak values of 0.61 g/t Au and 5.53 g/t Ag
  • Located 20km west of Edna May gold mine (Ramelius)
  • Awarded co-funded drilling grant (EIS) from WA government for \$147,500
  • Follow-up RC drilling completed – Results Imminent
  • Follow-up Diamond drilling planned – May 21

[email protected]

+61 8 9481 0389 Level 1/46 Salvado Rd Wembley, 6014 Australia