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MOHO RESOURCES LIMITED Investor Presentation 2022

Feb 16, 2022

65359_rns_2022-02-16_93230531-d3d3-47d1-8e9c-c684ac25e687.pdf

Investor Presentation

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MOHO RESOURCES LTD EXPLORING FOR A GREENER FUTURE GEARING UP FOR EXPLORATION SUCCESS

INVESTOR PRESENTATION FEBRUARY 2022

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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.

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 presentation is authorised for release by the board.

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MOH:ASX Should have market cap here as well $0.054 (AUD) OPTIONS:ASX $0.006 (AUD)

3 YEAR SHARE GRAPH

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Top 20 Holders

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32%
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At close of trade 16 Feb 2022

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SHARES ON ISSUE OPTIONS ON ISSUE MARKET CAP
130M 84M ~$7M
(at 5.4cps)
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  • Includes 30.6M listed options (MOHO) with $0.25 exercise price and 9/7/23 expiry, 24M unlisted options with $0.12 exercise price and 21/2/24 expiry and 20.2M unlisted options with exercise prices ranging from $0.19 to $0.50 per share and 34M unlisted options with exercise prices ranging from $0.085 to $0.097 per share

BOARD & TECHNICAL TEAM

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Terry Streeter Non - Executive Chairman

Extensive experience in funding, listing and overseeing junior explorers in all exploration and economic cycles and has served in various roles in the nickel sulphide industry for over 30 years.

Previous Director of Jubilee Mines Non-Executive Director of Western Areas & ~~Fox Resources and additional~~ mining interests.

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Shane Sadleir Managing Director

Geoscientist BSc (Hons), FAusIMM

Extensive experience in exploration, mine geology, research, environmental protection, IPOs.

Founding director of Bannerman, Trafford, Ironclad, Scotgold, Athena and NED of Robust

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Ralph Winter Commercial Director

BCom - Grad Dip Prof Acct, GAICD

Specialising in corporate affairs & finance, marketing & promotion and business development in both exploration and development companies (Trafford, Ironclad, Robust Resources, Mineral Products).

~~Director of Breast Cancer~~ Care WA and Owner of Australian Remote Assistance

Adrian Larking Non - Executive Director

Previous AMEC Councillor , BSc Hons, MSc, DIC, LLB, GDLP, FAusIMM, MAIG, MCET

Extensive experience in exploration, mine geology and commerce (Kambalda Nickel Operations, Olympic Dam Operations, various senior management roles in WMC)

Experience as director of listed and unlisted resource companies.

~~Technical Team~~

Lyndal Money – Technical Manager. Highly regarded geologist with 20+ years experience in exploration and mining in gold and other commodities in the Kalgoorlie and Southern Cross districts

Whistlepipe – Geological and geophysical consultants with over 25 years experience with IGO, Chalice and Gold Road. Key involvement with the discovery of Gonneville PGE-NiCu-Co-Au (concept to drillhole design) at Julimar.

Jon Hronsky (geologist) - Chairman of Centre for Exploration Targeting and Australian Geoscience Council, Adjunct Professor at UWA and Macquarie University

Kim Frankcombe (geophysicist - Principal of ExploreGeo Pty Ltd. 30+ years experience. Previously senior consultant of Southern Geoscience geophysicists. Extensive expertise in targeting for gold and base metal deposits

Richard Carver (geochemist) - 30 years as geochemist with WMC. Particular expertise in gold, nickel and porphyry copper.

GEARING UP FOR EXPLORATION SUCCESS

Silver Swan North (WA) Nickel/Gold Project

Nickel sulphide prospects around Poseidon’s Black Swan Nickel Operations East Sampson Dam gold deposit Tyrells and Hodges gold prospects

Whistlepipe (WA) Ni-Cu-PGE Projects Ni-Cu-PGE prospects in South West Yilgarn Craton

Burracoppin (WA) Gold Project Gold and silver potential in underexplored greenstone belt in WA wheatbelt

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Empress Springs (QLD) Gold Project Large belt-scale potential for tier-1 gold deposits in Nth Qld

Why Nickel?

NICKEL DEMAND

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Source: Courtesy of Wood Mackenzie – Q4 2021

Source: Courtesy of researchandmarkets.com

Ni-Cu-PGE PROJECTS

PHASE 1 – NICKEL STRATEGY

SILVER SWAN NORTH NICKEL SULPHIDE TARGETS (WA)

Stage 1 - Omrah Target - untested EM conductor (M27/263)

RC drilling completed

Diamond Tails delayed due to rig staffing issues from COVID border restrictions. Expected to proceed when a rig can be secured* 50% of drilling under co-funded by WA government grant up to max $150,000

Stage 2 - Wise Target - prospective Ni lithologies (M27/263) RC drilling completed

Large magnetic anomalies coincident with prospective ultramafic rocks Up to 1% Ni identified in historic RC drilling

Stage 3 – Recently granted E27/623 close to Poseidon’s nickel operations Prospective for nickel and gold mineralisation

Data review and exploration planning underway

Stage 4 - Dukes Target - anomalous levels of Ni in soil Broad anomalous zone approximately 3km in length Anomalous area to be tested with aircore drill program

*Subject to rig Availability

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PHASE 1 (STAGE 3) – NICKEL STRATEGY

MOHO GRANTED TENEMENT ADJOINING POSEIDON’S NICKEL DEPOSIT

E27/623 granted to Moho on 14/12/21 – prospective for gold and nickel

Adjoins the southern boundary of Poseidon Nickel Ltd’s Black Swan Nickel Operation

Extraordinarily high grade nickel intersections reported by Poseidon on 20/12/21 at Silver Swan, including 15m @ 17.92% Ni from 285m (PTMD018)

Technical review and development of exploration program underway focused on target generation prior to EM surveys and drilling

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PHASE 2 – NICKEL STRATEGY

INCREASED NICKEL EXPOSURE AT SILVER SWAN NORTH (WA) Moho to acquire strategic nickel rights in 20 mining tenements in deal with Yandal Resources Ltd (Yandal)

Tenement package covers ~8.7km[2] of prospective mafic-ultramafic stratigraphy known to host nickel sulphide mineralisation Deal includes the sale to Yandal of five tenements (Moho to retain Au royalty)

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PHASE 3 – NICKEL STRATEGY

WHISTELPIPE Ni-CuPGE TARGETS (WA)

Ni-Cu-PGE prospectivity supported using Geoscience Australia’s Mineral Potential Mapper program

11 exploration licence applications lodged over 6 Whistlepipe targets prospective for nickel and associated battery and precious metals

Technical review and exploration planning of granted exploration licence at Manjimup underway

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SILVER SWAN NORTH GOLD PROJECT

EAST SAMPSON DAM GOLD PROJECT

M27/263 - granted Mining Lease (100% Moho ownership)

Close proximity to mining infrastructure and toll milling facilities

Highest grade maiden JORC resource (21,600 oz Au) at East Sampson Dam:

  • excellent metallurgical testwork results (95% recovery

  • Mineralisation open at depth and along strike

  • extensive gold in soil anomalism across project

Awaiting outcome of pit optimisation studies

Moho evaluating options to monetise the project

Multiple bedrock gold anomalies identified in recent aircore drilling at nearby Tyrells and Hodges prospects

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POSITIVE AIRCORE GOLD RESULTS AT TYRELLS AND HODGES

Multiple bedrock gold anomalies identified

>800m long structurally-controlled, mineralised corridor identified at Tyrells

  • main bedrock anomaly located ~1km north northeast of East Sampson Dam gold deposit

  • Best results:

  • SSA0091 - 8m @ 1.05g/t Au from 48m, including 4m @ 1.54g/t Au from 48m

  • SSA0090 - 8m @ 0.57g/t Au from 52m

  • SSA0016 - 8m @ 0.56g/t Au from 16m

Mineralisation at Hodges associated with dolerite/ultramafic contact with chlorite-silica alteration

- Best results:

  • SSA0146 - 12m @ 0.74g/t Au from 48m, including 1m@ 1.67g/t Au from 59m

  • SSA0145 - 12m @ 0.57g/t Au from 12m

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BURRACOPPIN GOLD PROJECT

BURRACOPPIN (WA) - Au NEW DISCOVERY IN GREENSTONE BELT

Moho (70%) in JV with IGO Ltd; 100% Moho owned tenure on adjacent ground

In wheatbelt ~20km west of Ramelius’s Edna May Gold operation and plant

Four priority areas for further exploration including Crossroads prospect

Recent diamond drilling at Crossroads prospect confirms previous RC results -

Best gold results include:

  • 0.89m @ 0.79g/t Au from 75.91m (BCMH0072)

  • 1m @ 0.49 g/t Au from 29.2m and 1m @ 0.41 g/t Au from 55.5m (BCMH0070)

Broad, > 50m thick anomalous N-S gold zone confirmed

Gold mineralisation remains open to the north, west and at depth

Significant silver mineralisation intersected in three holes, including 2.4m @ 8.50 g/t Ag from 12.4m in BCMH00073

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EMPRESS SPRINGS GOLD PROJECT

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EXTENSIVE HYDROGEOCHEMICAL GOLD ANOMALISM AT EMPRESS SPRINGS

Key outcomes of hydrogeochemical survey by Moho in 2020 in collaboration with the CSIRO and IGO:

  • strong gold anomalism identified in ~90km zone in basement across the Empress Springs project; new zones identified

    • gold anomalies fall within the top 1% of ground water gold anomalism nationally identified by the CSIRO
  • strong NW-SE trend of anomalism matches major trans crustal structure interpreted by Dr Jon Hronsky

  • highly anomalous tin, tungsten, molybdenum ‘porphyry’ intrusive signature observed in basement

Moho awarded $200,000 CEI grant in August 2021 by Queensland’s DNRME to follow up hydro-geochemical anomalies

Geochemical drilling program scheduled following wet season ~ Q2 2022

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APPENDIX

EAST SAMPSON DAM INTERIM MINERAL RESOURCE ESTIMATE

264,000 t @ 2.5g/t Au for 21,600 ounces Au at 0.5g/t cut-off grade[1] for Interim JORC 2012 Mineral Resource Estimate (MRE)

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

1As announced to the ASX on 20 July 2021 (ASX:MOH)

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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

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