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MOHO RESOURCES LIMITED — Regulatory Filings 2021
Dec 22, 2021
65359_rns_2021-12-22_fb102fd8-08bd-4cb1-87f9-75a895aa586f.pdf
Regulatory Filings
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POSITIVE AIRCORE GOLD RESULTS AT TYRELLS AND HODGES
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23 December
2021
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HIGHLIGHTS:
-
Aircore drilling identifies multiple bedrock gold anomalies
-
Tyrells:
-
>800m long structurally-controlled, mineralised corridor identified
-
main bedrock anomaly located ~1km north northeast of East Sampson Dam gold deposit
-
> 0.8g/t Au intercepts associated with quartz veining and iron oxide after sulphides within bedrock
-
Best intersections:
-
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
-
SSA0101 - 4m @ 0.88g/t Au from 36m
-
-
Hodges:
-
mineralisation associated with footwall of dolerite/ultramafic contact with chlorite-silica alteration proximal to shear zone
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SSA0146 - 12m @ 0.74g/t Au from 48m, including 1m@ 1.67g/t Au from 59m
-
SSA0145 - 12m @ 0.57g/t Au from 12m
-
SSA0124 - 1m @ 0.62g/t Au from 47m (EOH)
-
NEXT STEPS:
-
Reverse Circulation drilling of Omrah and Wise nickel targets (in progress)
-
Diamond rig to test EM conductor at Omrah and EIS stratigraphic drilling (anticipated mid-January, but subject to confirmation of rig availability)
-
Undertake RC and aircore drilling to test depth and strike extensions of gold anomalism at Tyrells and Hodges (Q1 2022)
-
Aircore drilling to test soil auger gold anomalies on E27/528 and P27/2232 (H1 2022)
-
Soil sampling / auger drilling to test for soil gold and nickel anomalies in recently granted E27/623 (H1 2022)
These aircore drilling results are very encouraging and suggest that that the Tyrells and Hodges prospects could make a significant addition to the interim Mineral Resource Estimate at East Sampson Dam
Mr Shane Sadleir, Managing Director
Moho Resources Limited ( Moho or the Company ) (ASX:MOH) is pleased to report positive assay results from the Tyrells/Hodges aircore drilling program[1] which was implemented in July to follow up gold in soil geochemical anomalism identified in 2020 (Figure 1).
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Figure 1: Auger gold in soil anomalies targeted by aircore drilling northwest of East Sampson Dam deposit on M27/263 and M27/488
1 Moho Resources Ltd [MOH] ASX announcement – “Aircore Drilling Underway at Tyrells & Hodges Prospects” (28 July ’21)
As announced to the ASX on 23 August 2021, 158 aircore holes were drilled for 7,659m. All holes were geologically logged with lithology, alteration and veining recorded. Magnetic susceptibility readings were taken every metre down hole. Samples were collected every metre and 4-metre composite samples submitted for gold analysis, with the final metre of each hole also sampled and submitted for gold and a suite of base metal and pathfinder elements. Resampling of anomalous composite samples has been completed and submitted for analysis. Multi-element analysis of the bottom of hole samples show no other element anomalies. Maximum gold values in drillholes are shown in Figure 2 and significant intercepts > 0.2g/t Au listed in Table 1.
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Figure 2: Recent Aircore drilling, showing maximum gold in hole and proximity to East Sampson Dam
| Hole ID | From (m) | To (m) | Interval (m) |
Grade (g/t Au) |
Significant Intercept |
|---|---|---|---|---|---|
| SSA0014 | 44 | 48 | 4 | 0.20 | 4m @ 0.20 g/t Au from 44m |
| SSA0016 | 16 | 24 | 8 | 0.56 | 8m @ 0.56 g/t Au from 16m |
| SSA0059 | 44 | 46 | 2 | 0.21 | 2m @ 0.21 g/t Au from 44m |
| SSA0085 | 36 | 40 | 4 | 0.20 | 4m @ 0.20 g/t Au from 36m |
| SSA0089 | 52 | 53 | 1 | 0.26 | 1m @ 0.26 g/t Au from 52m |
| SSA0090 | 52 | 60 | 8 | 0.57 | 8m @ 0.57 g/t Au from 52m |
| SSA0091 | 32 | 36 | 4 | 0.84 | 4m @ 0.84 g/t Au from 32m |
| 48 | 56 | 8 | 1.05 | 8m @ 1.05 g/t Au from 48m | |
| including 4m @ 1.54 g/t Au from 48m |
|||||
| SSA0092 | 36 | 40 | 4 | 0.26 | 4m @ 0.26 g/t Au from 36m |
| SSA0093 | 16 | 20 | 4 | 0.68 | 4m @ 0.68 g/t Au from 16m |
| SSA0093 | 24 | 28 | 4 | 0.38 | 4m @ 0.38 g/t Au from 24m |
| SSA0100 | 44 | 48 | 4 | 0.36 | 4m @ 0.36 g/t Au from 44m |
| SSA0101 | 28 | 32 | 4 | 0.56 | 4m @ 0.56 g/t Au from 28m |
| 36 | 40 | 4 | 0.88 | 4m @ 0.88 g/t Au from 36m | |
| SSA0106 | 76 | 82 | 6 | 0.48 | 6m @ 0.48 g/t Au from 76m |
| SSA0114 | 48 | 52 | 4 | 0.25 | 4m @ 0.25 g/t Au from 48m |
| SSA0117 | 20 | 24 | 4 | 0.20 | 4m @ 0.20 g/t Au from 20m |
| SSA0123 | 58 | 59 | 1 | 0.28 | 1m @ 0.28 g/t Au from 58m |
| SSA0124 | 47 | 48 | 1 | 0.62 | 1m @ 0.62 g/t Au from 47m |
| SSA0145 | 12 | 24 | 12 | 0.57 | 12m @ 0.57 g/t Au from 12m |
| SSA0146 | 48 | 60 | 12 | 0.74 | 12m @ 0.74 g/t Au from 48m |
| including 1m @ 1.54 g/t Au from 48m (EOH) |
|||||
| SSA0148 | 48 | 56 | 8 | 0.39 | 8m @ 0.39 g/t Au from 48m |
Table 1: Significant intercepts > 0.2g/t Au (cut off 0.2g/t Au, no internal dilution)
Tyrells Prospect:
At Tyrells, a >800m long structurally controlled mineralisation corridor was intercepted within the more felsic lithologies of the area (see Figure 2).
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Figure 2: Tyrells prospect: cross section (6639000N) showing aircore gold results and interpretated geology
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Figure 3: Tyrells prospect: aeromagnetics and maximum gold in hole, recent AC drilling
Significant gold intercepts within bedrock at Tyrells sit closely beneath the laterally extensive depleted saprolite zone, with minor supergene gold enrichment at the bedrock interface. The > 0.8g/t Au intercepts are associated with quartz veining and iron oxide after sulfides within bedrock. A strong correlation exists between these results and a slight flexure within the magnetic response of mafic rocks at the eastern side of the drilling (Figure 3).
Hodges Prospect:
Mineralisation at Hodges is associated in the footwall of a dolerite/ultramafic contact exhibiting moderate foliation, chlorite-silica alteration proximal to a shear zone (Figure 4). SSA0146, drilled at Hodges, returned a significant intercept of 12m @ 0.74g/t Au from 48m, with the hole ending in mineralisation of 1m @ 1.67g/t from 59m (Figure 5).
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Figure 4: Hodges Prospect: maximum gold in hole, recent AC drilling
FURTHER WORK:
Evaluation of the main anomalous trends at Tyrells and Hodges will be followed up with a more extensive drilling program, with deeper RC drilling planned to aid in interpretation and understanding of this mineralisation. The Tyrells bedrock anomaly is located only 1000m to the north-northeast of the East Sampson Dam resource of 264,000t @ 2.5g/t Au containing 21,600oz Au[2] . Additional aircore drilling is planned to test extensions to both the Hodges and Tyrells anomalies..
2 Moho Resources Ltd [MOH] ASX announcement – “Interim Mineral Resource Estimate & Significant Growth Potential - East Sampson Dam” (20 July 2021
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Figure 5: Hodges prospect: cross section (6640450N) showing aircore gold results and interpretated geology
Next steps
-
Reverse Circulation drilling of Omrah and Wise nickel targets (in progress)
-
Diamond rig to test EM conductor at Omrah and EIS stratigraphic drilling (anticipated midJanuary, but subject to confirmation of rig availability)
-
Undertake RC and aircore drilling to test depth and strike extensions of gold anomalism at Tyrells and Hodges (Q1 2022)
-
Aircore drilling to test soil auger gold anomalies on E27/528 and P27/2232 (H1 2022)
-
Soil sampling / auger drilling to test for soil gold and nickel anomalies in recently granted E27/623 (H1 2022)
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 E27/623 and applications for 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 (Figure 6).
In October 2021 Moho entered into a binding Heads of Agreement with Yandal Resources Ltd (Yandal)[3] . Under the Agreement which is still subject to due diligence conditions, in exchange for a 1.0% Net Smelter Royalty, Moho will acquire from Yandal the exclusive right to access, explore for, own, mine, recover, process and sell all nickel, copper, cobalt and Platinum Group Elements extracted from the and associated minerals on 15 granted mining tenements held by Yandal. The Company will also vend four mining tenements under option and a tenement application to Yandal while retaining the rights for nickel and NSR gold royalties.
3 Moho Resources Ltd [MOH] ASX announcement – “Moho Increases Nickel Exposure At Silver Swan North” (11/11/2021)
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Figure 6: Silver Swan North tenements in relation to interpreted regional geology, current nickel exploration targets and Poseidon’s Black Swan Nickel Operation
COMPETENT PERSON’S STATEMENT
The information in this announcement that relates to Exploration Results, geology and data compilation is based on information and supporting documentation 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 shares and 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.
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). Dr Jon Hronsky (OA) provides high level strategic and technical advice to Moho.
On 20 July 2021 Moho reported the interim Mineral Resource Estimate for East Sampson Dam of 264,600 tonnes at 2.5g/t Au for 21,600 ounces Au at a 0.5g/t Au cut-off (Table 2). The MRE was prepared by Moho’s Mineral Resource Consultant CSA Global Pty Ltd. Moho confirms that there have been no changes since this announcement[4] .
| 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 2: East Sampson Dam Mineral Resources by classification at a 0.5g/t Au cut-off, and current to July 14, 2021
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]
4 Moho Resources Ltd [MOH] ASX announcement – “Interim Mineral Resource Estimate & Significant Growth Potential - East Sampson Dam” (20 July 2021
APPENDIX 1
Table 1: Drill Hole Location Table
| HoleID | Collar East (MGA94_51)m |
Collar North (MGA94_51)m |
Collar RL (nominal) m |
Total Depth (m) |
Collar Dip | Collar Azimuth (magnetic) |
|---|---|---|---|---|---|---|
| SSA0001 | 364210 | 6638200 | 400 | 47 | -60° | 270° |
| SSA0002 | 364188 | 6638200 | 400 | 37 | -60° | 270° |
| SSA0003 | 364164 | 6638200 | 400 | 29 | -60° | 270° |
| SSA0004 | 364149 | 6638203 | 400 | 27 | -60° | 270° |
| SSA0005 | 364132 | 6638203 | 400 | 43 | -60° | 270° |
| SSA0006 | 364105 | 6638198 | 400 | 29 | -60° | 270° |
| SSA0007 | 364092 | 6638194 | 400 | 26 | -60° | 270° |
| SSA0008 | 364078 | 6638200 | 400 | 26 | -60° | 270° |
| SSA0009 | 364062 | 6638202 | 400 | 24 | -60° | 270° |
| SSA0010 | 364052 | 6638201 | 400 | 60 | -60° | 270° |
| SSA0011 | 364020 | 6638202 | 400 | 37 | -60° | 270° |
| SSA0012 | 364003 | 6638202 | 400 | 36 | -60° | 270° |
| SSA0013 | 363983 | 6638200 | 400 | 57 | -60° | 270° |
| SSA0014 | 363953 | 6638203 | 400 | 72 | -60° | 270° |
| SSA0015 | 363916 | 6638202 | 400 | 76 | -60° | 270° |
| SSA0016 | 363874 | 6638192 | 400 | 63 | -60° | 270° |
| SSA0017 | 363848 | 6638210 | 400 | 60 | -60° | 270° |
| SSA0018 | 363813 | 6638197 | 400 | 74 | -60° | 270° |
| SSA0019 | 363779 | 6638192 | 400 | 91 | -60° | 270° |
| SSA0020 | 363732 | 6638205 | 400 | 54 | -60° | 270° |
| SSA0021 | 363705 | 6638200 | 400 | 69 | -60° | 270° |
| SSA0022 | 363671 | 6638204 | 400 | 53 | -60° | 270° |
| SSA0023 | 363646 | 6638208 | 400 | 61 | -60° | 270° |
| SSA0024 | 363612 | 6638203 | 400 | 58 | -60° | 270° |
| SSA0025 | 363580 | 6638201 | 400 | 57 | -60° | 270° |
| SSA0026 | 363541 | 6638202 | 400 | 49 | -60° | 270° |
| SSA0027 | 363517 | 6638206 | 400 | 60 | -60° | 270° |
| SSA0028 | 363490 | 6638204 | 400 | 45 | -60° | 270° |
| SSA0029 | 363463 | 6638202 | 400 | 47 | -60° | 270° |
| SSA0030 | 363438 | 6638202 | 400 | 59 | -60° | 270° |
| SSA0031 | 364210 | 6638400 | 400 | 53 | -60° | 270° |
| SSA0032 | 364179 | 6638399 | 400 | 59 | -60° | 270° |
| SSA0033 | 364150 | 6638400 | 400 | 54 | -60° | 270° |
| SSA0034 | 364124 | 6638402 | 400 | 43 | -60° | 270° |
| SSA0035 | 364100 | 6638398 | 400 | 70 | -60° | 270° |
| SSA0036 | 364067 | 6638400 | 400 | 36 | -60° | 270° |
| SSA0037 | 364043 | 6638397 | 400 | 68 | -60° | 270° |
| SSA0038 | 364012 | 6638400 | 400 | 33 | -60° | 270° |
| SSA0039 | 363983 | 6638401 | 400 | 31 | -60° | 270° |
| SSA0040 | 363970 | 6638402 | 400 | 32 | -60° | 270° |
| SSA0041 | 363954 | 6638410 | 400 | 30 | -60° | 270° |
| SSA0042 | 363939 | 6638409 | 400 | 32 | -60° | 270° |
| HoleID | Collar East (MGA94_51)m |
Collar North (MGA94_51)m |
Collar RL (nominal) m |
Total Depth (m) |
Collar Dip | Collar Azimuth (magnetic) |
|---|---|---|---|---|---|---|
| SSA0043 | 363922 | 6638408 | 400 | 29 | -60° | 270° |
| SSA0044 | 363906 | 6638403 | 400 | 34 | -60° | 270° |
| SSA0045 | 363887 | 6638401 | 400 | 33 | -60° | 270° |
| SSA0046 | 363872 | 6638402 | 400 | 29 | -60° | 270° |
| SSA0047 | 363847 | 6638401 | 400 | 34 | -60° | 270° |
| SSA0048 | 363830 | 6638401 | 400 | 39 | -60° | 270° |
| SSA0049 | 363806 | 6638399 | 400 | 56 | -60° | 270° |
| SSA0050 | 363779 | 6638397 | 400 | 74 | -60° | 270° |
| SSA0051 | 363747 | 6638401 | 400 | 120 | -60° | 270° |
| SSA0052 | 363693 | 6638395 | 400 | 55 | -60° | 270° |
| SSA0053 | 363667 | 6638400 | 400 | 74 | -60° | 270° |
| SSA0054 | 364130 | 6638600 | 400 | 79 | -60° | 270° |
| SSA0055 | 364086 | 6638598 | 400 | 51 | -60° | 270° |
| SSA0056 | 364068 | 6638601 | 400 | 87 | -60° | 270° |
| SSA0057 | 364023 | 6638600 | 400 | 69 | -60° | 270° |
| SSA0058 | 363994 | 6638602 | 400 | 51 | -60° | 270° |
| SSA0059 | 363969 | 6638603 | 400 | 47 | -60° | 270° |
| SSA0060 | 363939 | 6638591 | 400 | 48 | -60° | 270° |
| SSA0061 | 363917 | 6638598 | 400 | 33 | -60° | 270° |
| SSA0062 | 363909 | 6638593 | 400 | 31 | -60° | 270° |
| SSA0063 | 363874 | 6638598 | 400 | 26 | -60° | 270° |
| SSA0064 | 363860 | 6638600 | 400 | 27 | -60° | 270° |
| SSA0065 | 363846 | 6638603 | 400 | 19 | -60° | 270° |
| SSA0066 | 363839 | 6638603 | 400 | 31 | -60° | 270° |
| SSA0067 | 363818 | 6638601 | 400 | 30 | -60° | 270° |
| SSA0068 | 363803 | 6638599 | 400 | 32 | -60° | 270° |
| SSA0069 | 363785 | 6638603 | 400 | 69 | -60° | 270° |
| SSA0070 | 363754 | 6638598 | 400 | 58 | -60° | 270° |
| SSA0071 | 363723 | 6638595 | 400 | 47 | -60° | 270° |
| SSA0072 | 363695 | 6638599 | 400 | 28 | -60° | 270° |
| SSA0073 | 363679 | 6638599 | 400 | 69 | -60° | 270° |
| SSA0074 | 363645 | 6638599 | 400 | 93 | -60° | 270° |
| SSA0075 | 363601 | 6638598 | 400 | 54 | -60° | 270° |
| SSA0076 | 363576 | 6638599 | 400 | 60 | -60° | 270° |
| SSA0077 | 363970 | 6639000 | 400 | 31 | -60° | 270° |
| SSA0078 | 363954 | 6638997 | 400 | 37 | -60° | 270° |
| SSA0079 | 363938 | 6638997 | 400 | 47 | -60° | 270° |
| SSA0080 | 363909 | 6638993 | 400 | 75 | -60° | 270° |
| SSA0081 | 363870 | 6638996 | 400 | 60 | -60° | 270° |
| SSA0082 | 363835 | 6638995 | 400 | 65 | -60° | 270° |
| SSA0083 | 363798 | 6638997 | 400 | 55 | -60° | 270° |
| SSA0084 | 363770 | 6639001 | 400 | 48 | -60° | 270° |
| SSA0085 | 363746 | 6638998 | 400 | 46 | -60° | 270° |
| SSA0086 | 363724 | 6638999 | 400 | 38 | -60° | 270° |
| SSA0087 | 363703 | 6638995 | 400 | 48 | -60° | 270° |
| SSA0088 | 363683 | 6638999 | 400 | 49 | -60° | 270° |
| SSA0089 | 363650 | 6639000 | 400 | 54 | -60° | 270° |
| HoleID | Collar East (MGA94_51)m |
Collar North (MGA94_51)m |
Collar RL (nominal) m |
Total Depth (m) |
Collar Dip | Collar Azimuth (magnetic) |
|---|---|---|---|---|---|---|
| SSA0090 | 363619 | 6639001 | 400 | 62 | -60° | 270° |
| SSA0091 | 363587 | 6639001 | 400 | 71 | -60° | 270° |
| SSA0092 | 363552 | 6638996 | 400 | 63 | -60° | 270° |
| SSA0093 | 363519 | 6638995 | 400 | 44 | -60° | 270° |
| SSA0094 | 363494 | 6639000 | 400 | 45 | -60° | 270° |
| SSA0095 | 363470 | 6639000 | 400 | 63 | -60° | 270° |
| SSA0096 | 363439 | 6639004 | 400 | 75 | -60° | 270° |
| SSA0097 | 363593 | 6639201 | 400 | 44 | -60° | 270° |
| SSA0098 | 363570 | 6639199 | 400 | 61 | -60° | 270° |
| SSA0099 | 363541 | 6639199 | 400 | 56 | -60° | 270° |
| SSA0100 | 363503 | 6639199 | 400 | 62 | -60° | 270° |
| SSA0101 | 363475 | 6639201 | 400 | 81 | -60° | 270° |
| SSA0102 | 363434 | 6639202 | 400 | 58 | -60° | 270° |
| SSA0103 | 363404 | 6639201 | 400 | 45 | -60° | 270° |
| SSA0104 | 363382 | 6639203 | 400 | 72 | -60° | 270° |
| SSA0105 | 363850 | 6639398 | 400 | 10 | -60° | 270° |
| SSA0106 | 363799 | 6639392 | 400 | 82 | -60° | 270° |
| SSA0107 | 363756 | 6639401 | 400 | 87 | -60° | 270° |
| SSA0108 | 363713 | 6639403 | 400 | 64 | -60° | 270° |
| SSA0109 | 363680 | 6639399 | 400 | 87 | -60° | 270° |
| SSA0110 | 363641 | 6639401 | 400 | 62 | -60° | 270° |
| SSA0111 | 363600 | 6639398 | 400 | 54 | -60° | 270° |
| SSA0112 | 363571 | 6639400 | 400 | 66 | -60° | 270° |
| SSA0113 | 363536 | 6639397 | 400 | 73 | -60° | 270° |
| SSA0114 | 363503 | 6639395 | 400 | 60 | -60° | 270° |
| SSA0115 | 363470 | 6639400 | 400 | 53 | -60° | 270° |
| SSA0116 | 363440 | 6639402 | 400 | 45 | -60° | 270° |
| SSA0117 | 363421 | 6639398 | 400 | 43 | -60° | 270° |
| SSA0118 | 363399 | 6639396 | 400 | 42 | -60° | 270° |
| SSA0119 | 363377 | 6639396 | 400 | 66 | -60° | 270° |
| SSA0120 | 363345 | 6639399 | 400 | 57 | -60° | 270° |
| SSA0121 | 363376 | 6639393 | 400 | 48 | -60° | 270° |
| SSA0122 | 363292 | 6639400 | 400 | 30 | -60° | 270° |
| SSA0123 | 362820 | 6640250 | 400 | 59 | -60° | 270° |
| SSA0124 | 362786 | 6640251 | 400 | 48 | -60° | 270° |
| SSA0125 | 362764 | 6640247 | 400 | 36 | -60° | 270° |
| SSA0126 | 362747 | 6640248 | 400 | 30 | -60° | 270° |
| SSA0127 | 362731 | 6640249 | 400 | 28 | -60° | 270° |
| SSA0128 | 362726 | 6640261 | 400 | 20 | -60° | 270° |
| SSA0129 | 362697 | 6640254 | 400 | 16 | -60° | 270° |
| SSA0130 | 362674 | 6640253 | 400 | 17 | -60° | 270° |
| SSA0131 | 362640 | 6640256 | 400 | 17 | -60° | 270° |
| SSA0132 | 362620 | 6640247 | 400 | 10 | -60° | 270° |
| SSA0133 | 363169 | 6640454 | 400 | 42 | -60° | 270° |
| SSA0134 | 363151 | 6640450 | 400 | 33 | -60° | 270° |
| SSA0135 | 363133 | 6640444 | 400 | 12 | -60° | 270° |
| HoleID | Collar East (MGA94_51)m |
Collar North (MGA94_51)m |
Collar RL (nominal) m |
Total Depth (m) |
Collar Dip | Collar Azimuth (magnetic) |
|---|---|---|---|---|---|---|
| SSA0136 | 363112 | 6640447 | 400 | 13 | -60° | 270° |
| SSA0137 | 363083 | 6640451 | 400 | 13 | -60° | 270° |
| SSA0138 | 363050 | 6640448 | 400 | 9 | -60° | 270° |
| SSA0139 | 363030 | 6640441 | 400 | 20 | -60° | 270° |
| SSA0140 | 363005 | 6640449 | 400 | 34 | -60° | 270° |
| SSA0141 | 362988 | 6640452 | 400 | 48 | -60° | 270° |
| SSA0142 | 362964 | 6640456 | 400 | 74 | -60° | 270° |
| SSA0143 | 362943 | 6640460 | 400 | 38 | -60° | 270° |
| SSA0144 | 362927 | 6640464 | 400 | 51 | -60° | 270° |
| SSA0145 | 362902 | 6640461 | 400 | 54 | -60° | 270° |
| SSA0146 | 362869 | 6640455 | 400 | 60 | -60° | 270° |
| SSA0147 | 362845 | 6640451 | 400 | 75 | -60° | 270° |
| SSA0148 | 362803 | 6640451 | 400 | 89 | -60° | 270° |
| SSA0149 | 362754 | 6640456 | 400 | 47 | -60° | 270° |
| SSA0150 | 362725 | 6640449 | 400 | 51 | -60° | 270° |
| SSA0151 | 362693 | 6640449 | 400 | 42 | -60° | 270° |
| SSA0152 | 362664 | 6640450 | 400 | 43 | -60° | 270° |
| SSA0153 | 362639 | 6640448 | 400 | 32 | -60° | 270° |
| SSA0154 | 362619 | 6640450 | 400 | 29 | -60° | 270° |
| SSA0155 | 362589 | 6640450 | 400 | 26 | -60° | 270° |
| SSA0156 | 362560 | 6640449 | 400 | 29 | -60° | 270° |
| SSA0157 | 362538 | 6640449 | 400 | 30 | -60° | 270° |
| SSA0158 | 362508 | 6640452 | 400 | 33 | -60° | 270° |
APPENDIX 2
JORC Code, 2012 Edition – Table 1: Silver Swan North Gold Project
Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections.)
| Criteria | JORC Code explanation | JORC Code explanation | Commentary | Commentary |
|---|---|---|---|---|
| Sampling techniques | • | Nature and quality of sampling (eg cut channels, | • | Aircore drilling was utilised |
| random chips, or specific specialized industry | • | Holes angled at -60° towards 270° to | ||
| standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as |
• | intersect the assumed vertical to steeply east dipping stratigraphy Holes were sampled over the entire |
||
| limiting the broad meaning of sampling. | length of hole. Samples were collected at | |||
| • | Include reference to measures taken to ensure sample representivity and the appropriate calibration of any measurement tools or systems |
1m intervals via a rig mounted cyclone and cone splitter. From the drill sample, a 2 – 3kg composite sample was collected |
||
| used. | in a numbered calico bag. 1m samples | |||
| were collected from the bottom of the | ||||
| • | Aspects of the determination of mineralisation that are Material to the Public Report. In cases where ‘industry standard’ work has been done |
hole for multielement analysis. 1m split samples were submitted where initial |
||
| this would be relatively simple (eg ‘reverse | composite assays returned >0.2g/t Au, | |||
| circulation drilling was used to obtain 1 m | these are not reported here. All samples | |||
| samples from which 3 kg was pulverised to | are prepared and pulverized at the | |||
| 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 |
laboratory to produce a 40g charge for fire assay, additionally, end of hole samples were subjected to a 4-Acid digest |
|||
| mineralisation types (eg submarine nodules) may | with analysis for S, Ag, As, Co, Pb, Ni, Cu | |||
| warrant disclosure of detailed information. | by ICP-MS or ICP-MS | |||
| Drilling techniques | • | Drill type (eg core, reverse circulation, open-hole | • | Aircore drilling to refusal |
| hammer, rotary air blast, auger, Bangka, sonic, | ||||
| etc) and details (eg core diameter, triple or | • | Nominal 105mm hole diameter | ||
| standard tube, depth of diamond tails, face- | ||||
| sampling bit or other type, whether core is | ||||
| oriented and if so, by what method, etc). | ||||
| Drill sample recovery | • | Method of recording and assessing core and chip | • | All 1m samples visually logged for drilling |
| sample recoveries and results assessed. | recovery | |||
| • | Measures taken to maximise sample recovery | |||
| and ensure representative nature of the samples. | ||||
| • | Whether a relationship exists between sample | • | All 1m samples visually logged for moisture content |
|
| recovery and grade and whether sample bias | ||||
| may have occurred due to preferential loss/gain | ||||
| of fine/coarse material. | • | No known relationship between recovery | ||
| and grade known | ||||
| Logging | • | Whether core and chip samples have been | • | All aircore samples geologically logged by a |
| geologically and geotechnically logged to a level | suitably qualified geoscientist | |||
| of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies. |
• | The entire lengths of holes logged on a one metre interval basis |
||
| • | Whether logging is qualitative or quantitative in | |||
| nature. Core (or costean, channel, etc) | ||||
| photography. | ||||
| • | The total length and percentage of the relevant | |||
| intersections logged. | ||||
| Sub-sampling techniques and sam | • | If core, whether cut or sawn and whether | • | No core samples are the subject of this |
| preparation | quarter, half or all core taken. | announcement | ||
| • | If non-core, whether riffled, tube sampled, rotary | • | 1m samples collected directly from the drill | |
| split, etc and whether sampled wet or dry. | rig via a cyclone and cone splitter | |||
| • | For all sample types, the nature, quality and | • | Composite samples collected by scoop | |
| appropriateness of the samplepreparation | from each 1m interval with a |
| Criteria | JORC Code explanation | JORC Code explanation | Commentary | Commentary |
|---|---|---|---|---|
| technique. | representative sample selected for each | |||
| • | Quality control procedures adopted for all sub- sampling stages to maximise representivity of |
4m length. 2m and 3m composites may also be collected if required. |
||
| samples. | • | Composite samples returning a result | ||
| • | Measures taken to ensure that the sampling is representative of the in situ material collected, |
>0.2g/t Au have their individual 1m samples submitted. |
||
| including for instance results for field | • | Certified Reference Material (CRM) | ||
| duplicate/second-half sampling. | standards were inserted at regular intervals | |||
| • | Whether sample sizes are appropriate to the grain size of the material being sampled. |
in the sample process. Duplicates were taken in the field and by the labs, which also inserted their own standards and |
||
| blanks | ||||
| • | Soil sampling is an industry standard | |||
| technique utilised in first pass geochemical | ||||
| sampling over suitable regolith landform | ||||
| regions. | ||||
| • | Sample sizes (250g) are considered | |||
| appropriate for the technique. | ||||
| Quality of assay data and labora | • | The nature, quality and appropriateness of the | • | All samples were dried and a 40g split was |
| tests | assaying and laboratory procedures used and | taken from the sample for assaying. The | ||
| whether the technique is considered partial or | samples were assayed by Bureau Veritas, | |||
| total. | Perth for gold using Fire Assay with an AAS | |||
| • | 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. |
• | finish. For bottom of hole samples, a limited multi-element suite (S, Ag, As, Co, Pb, Ni, Cu) was also carried out a 4-Acid digest with analysis for S, Ag, As, Co, Pb, Ni, Cu by ICP-MS or ICP-MS The assay method is designed to measure |
|
| • | Nature of quality control procedures adopted (eg | total gold in the sample. The laboratory | ||
| standards, blanks, duplicates, external laboratory | procedures are appropriate for the testing | |||
| checks) and whether acceptable levels of | of gold at this project | |||
| accuracy (ie lack of bias) and precision have been | • |
QAQC procedures involved the use of | ||
| established. | certified reference materials (1 in 33), field | |||
| duplicates (1 in 50) and or blanks (1 in 50). | ||||
| Results were assessed for QAQC and | ||||
| confirmed for release | ||||
| • | Magnetic Susceptibility readings were | |||
| collected for each metre interval of every | ||||
| drillhole | ||||
| • | QAQC procedures in the laboratory are in | |||
| line with industry best practice including | ||||
| the use of CRM’s, blanks, duplicate and | ||||
| replicate analyses that were conducted as | ||||
| part of internal laboratory checks. External | ||||
| laboratory checks have not been | ||||
| conducted as they are not deemed | ||||
| material to these results. | ||||
| • | Certified reference materials demonstrate | |||
| that sample assayvalues are accurate | ||||
| Verification of sampling and | • | The verification of significant intersections by | • | MOH’s Technical Manager has inspected |
| assaying | either independent or alternative company | AC chips in the field to verify the | ||
| personnel. | correlation of the mineralised zones | |||
| • | The use of twinned holes. | between assay results and lithology /alteration / mineralisation |
||
| • | Documentation of primary data, data entry procedures, data verification, data storage |
• | No twinned holes were completed | |
| (physical and electronic) protocols. | • | Data was collected in the field using digital | ||
| • | Discuss any adjustment to assay data. | methods (OCRIS) and paper records, with regular data transfer from the field to |
||
| MOH’s Database Administrator (DBA). The | ||||
| DBA imports the data into SQL, managed | ||||
| through SQL Server Studio Management. | ||||
| Location of data points | • | Accuracy and quality of surveys used to locate | • | All drillholes have their collar location |
| drill holes (collar and down-hole surveys), | recorded from a handheld GPS unit | |||
| trenches, mine workings and other locations used | • |
Downhole surveys are not completed as |
| Criteria | JORC Code explanation | JORC Code explanation | Commentary | ||
|---|---|---|---|---|---|
| in Mineral Resource estimation. | they are not material to this early stage | ||||
| • | Specification of the grid system used. | exploration • MGA94 Zone 51 |
|||
| • | Quality and adequacy of topographic control. | • Topographic control was by GPS for AHD. |
|||
| Data spacing and distribution | • | Data spacing for reporting of Exploration Results. | • The nominal spacing is 200m x 40m |
||
| • | Whether the data spacing and distribution | is | • This report is for the reporting of recent |
||
| sufficient to establish the degree of geological | exploration drilling. The drill spacing, | ||||
| and grade continuity appropriate for the Mineral | spatial distribution and quality of assay | ||||
| Resource and Ore Reserve estimation | results is appropriate for the nature and | ||||
| procedure(s) and classifications applied. | style of mineralization being reported | ||||
| • | Whether sample compositing has been applied. | • The majority of AC holes were sampled via |
|||
| 4m composites | |||||
| Orientation of data in relation to | • | Whether the orientation of sampling achieves | • No relationship between drilling |
||
| geological structure | unbiased sampling of possible structures and the | orientation and sampling bias is recognised | |||
| extent to which this is known, considering the | at this time | ||||
| deposit type. | • The current understanding of the the |
||||
| • | If the relationship between the drilling | mineralised zones indicates drillhole | |||
| orientation and the orientation of key | orientation is close to perpendicular to the | ||||
| mineralised structures is considered to have | main lithological trends. Other structures | ||||
| introduced a sampling bias, this should be | may influence or control anomalous results | ||||
| assessed and reported if material. | |||||
| Sample security | • | The measures taken to ensure sample security. | • All samples were collected and transported |
||
| to the lab in Perth by company and/or | |||||
| contractor personnel. A chain of control | |||||
| was maintained from the field to the lab. | |||||
| Audits or reviews | • | The results of any audits or reviews of sampling | • Internal review by various company |
||
| techniques and data. | personnel has occurred. | ||||
| Section 2 Reporting of Exploration Results | |||||
| (Criteria listed in thepreceding | section also applyto this section.) | ||||
| Criteria | JORC Code explanation | Commentary | |||
| Mineral tenement and land tenure stat | • Type, reference name/number, |
• | Moho is the 100% registered owner of granted | ||
| location and ownership including | tenements M27/263, E27/528, P27/2232, | ||||
| agreements or material issues with | P27/2390, E27/613, E27/623 & E27/626 and the | ||||
| third parties such as joint ventures, | applicant for ELA27/633, ELA27/641, PLA27/2441 | ||||
| partnerships, overriding royalties, | & PLA27/2456 all of which comprise the Silver | ||||
| native title interests, historical sites, | Swan North Project. The Company has also | ||||
| wilderness or national park and | entered into option agreements to purchase | ||||
| environmental settings. | 100% of M27/488, P27/2229, P27/2200, | ||||
| • The security of the tenure held at the |
P27/2226, and P27/2216-8. | ||||
| time of reporting along with any | • | No other known impediments. | |||
| known impediments to obtaining a | |||||
| licence to operate in the area. | |||||
| Exploration done by other parties | • Acknowledgment and appraisal of |
Historical exploration has been completed over | |||
| exploration by other parties. | 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 topresent). |
| Criteria | JORC Code explanation | JORC Code explanation | Commentary | Commentary |
|---|---|---|---|---|
| Geology | • | Deposit type, geological setting and | • | The East Sampson Dam Project is highly |
| style of mineralisation. | 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 | ||||
| Drill hole Information | • | A summary of all information material | • |
A summary of all relevant historic drillhole |
| to the understanding of the | information and intersections for the East | |||
| exploration results including a | Sampson Dam prospect are shown in a table | |||
| tabulation of the following | reported in the Independent Technical |
|||
| information for all Material drill holes: | Assessment Report contained in Annexure B of | |||
o easting and northing of the drillhole collar |
the Company’s prospectus dated 5 November 2018. Previous Moho drilling at East Sampson |
|||
| Dam has been reported in MOH:ASX |
||||
o elevation or RL (Reduced Level – |
announcements dated: 16/11/2018, 19/12/2018, | |||
| elevation above sea level in | 11/02/2020, 27/08/2020, 19/11/2020, |
|||
| metres) of the drill hole collar | 03/12/2020, 12/01/2021, 02/02/2021, |
|||
o dip and azimuth of the hole |
02/03/2021, 30/03/2021, 20/07/2021 . Only the significant results are discussed and reported. |
|||
o down hole length and interception |
||||
| depth | ||||
o hole length. |
• | Not applicable. | ||
| • | If the exclusion of this information is | |||
| justified on the basis that the | ||||
| information is not Material and this | ||||
| exclusion does not detract from the | ||||
| understanding of the report, the | ||||
| Competent Person should clearly | ||||
| explain why this is the case. | ||||
| Data aggregation methods | • | In reporting Exploration Results, | • | No averaging or cut offs have been applied to the |
| weighting averaging techniques, | data. | |||
| maximum and/or minimum grade | ||||
| truncations (eg cutting of high grades) | ||||
| and cut-off grades are usually | ||||
| Material and should be stated. | ||||
| • | Where aggregate intercepts | |||
| incorporate short lengths of high | ||||
| grade results and longer lengths of | • | No metal equivalents have been reported. | ||
| low grade results, the procedure used | ||||
| for such aggregation should be stated | ||||
| and some typical examples of such | ||||
| aggregations should be shown in | ||||
| detail. | ||||
| • | The assumptions used for any | |||
| reporting of metal equivalent values | ||||
| should be clearly stated. | ||||
| Relationship between mineralisation | • |
These relationships are particularly | • | Historical drilling has been undertaken on various |
| widths and intercept lengths | important in the reporting of | drill orientations, and thus does not represent true | ||
| Exploration Results. | width intersections. Future work by Moho will | |||
| • | If the geometry of the mineralisation with respect to the drill hole angle is |
involve validation and reinterpretation of historical data. |
||
| known, its nature should be reported. | • | The intersection width is measured down the hole | ||
| trace, it is not usually the true width. Cross | ||||
| • | If it is not known and only the down | sections in this announcement allow the | ||
| hole lengths are reported, there | relationshipbetween true and downhole width to |
| Criteria | JORC Code explanation | JORC Code explanation | Commentary | Commentary |
|---|---|---|---|---|
| should be a clear statement to this | be viewed | |||
| effect (eg ‘down hole length, true | ||||
| width not known’). | • | All drill results in this announcement are | ||
| downhole intervals only and true widths are not | ||||
| reported | ||||
| Diagrams | • | Appropriate maps and sections (with | • | Refer to diagrams within this release. |
| 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 drill hole collar locations and | ||||
| appropriate sectional views. | ||||
| Balanced reporting | • | Where comprehensive reporting of all | • | All significant intercepts >0.2g/t Au are tabulated |
| Exploration Results is not practicable, | for aircore drillholes. The results are length | |||
| representative reporting of both low | weighted composites based on the gold grade | |||
| and high grades and/or widths should | and downhole length, no internal dilution is | |||
| be practiced to avoid misleading | included | |||
| reporting of Exploration Results. | • | Other holes are shown on appropriate maps | ||
| Other substantive exploration data | • | Other exploration data, if meaningful | • | No other significant unreported exploration data |
| and material, should be reported | for East Sampson Dam/Silver Swan North is | |||
| including (but not limited to): | available at this time. | |||
| 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. | ||||
| Further work | • | The nature and scale of planned | • | Follow up air core and RC drilling of gold |
| further work (eg tests for lateral | anomalies are required at Tyrells and Hodges | |||
| extensions or depth extensions or | prospects, this will be completed in upcoming | |||
| large-scale step-out drilling). | field campaigns | |||
| • | Diagrams clearly highlighting the | |||
| areas of possible extensions, including | ||||
| the main geological interpretations | ||||
| and future drilling areas, provided this | ||||
| information is not commercially | ||||
| sensitive. |