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MOHO RESOURCES LIMITED — Regulatory Filings 2021
Mar 29, 2021
65359_rns_2021-03-29_1b30541e-a7de-46a4-a5eb-2c2ebd9d1fba.pdf
Regulatory Filings
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NEW HIGH GRADE GOLD ZONES IDENTIFIED AT
EAST SAMPSON DAM
HIGHLIGHTS:
-
Final 20 holes of phase 2 RC drilling return more encouraging results, including:
-
SSMH0139: 6m @ 11.03 g/t Au from 62m, including:
-
1m @ 43.5 g/t Au from 64m,
-
1m @ 10.7 g/t Au from 63m, and 1m @ 8.8 g/t Au from 62m
-
-
SSMH0132: 4m @ 1.82 g/t Au from 42m, including:
- 1m @ 5.22 g/t Au from 45m
-
SSMH0130
-
SSMH0144:
-
2m @ 3.0 g/t Au from 43m
-
3m @ 2.95 g/t Au from 19m, including:
-
1m @ 5.2 g/t Au from 19m, and
-
1m @ 2.38 g/t Au from 21m
-
-
SSMH0142: 1m @ 7.05 g/t Au from 42m
-
Mineralisation open to north and south
-
Structural and lithological model of ESD is complete
-
Assay, survey, lithological, structural, density and moisture data sent to CSA Global for mineral resource modelling
NEXT STEPS:
-
Complete metallurgical testwork with master composite analysis
-
Resource modelling and JORC 2012 Mineral Resource Estimation – Q2 2021
-
Commence Scoping Study – Q2 2021
-
Aircore drilling of historic auger gold anomalies northeast of ESD along the Tyrells trend – Q2 2021
“Moho’s exploration team continues to make excellent progress at East Sampson Dam. The latest RC drill results extend gold mineralisation down plunge at the southern end of the prospect and highlight the potential to discover additional gold mineralisation at the northern end of the prospect.”
Mr Shane Sadleir, Moho Managing Director
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Moho Resources Ltd (ASX:MOH) ( Moho or Company ) is pleased to announce that additional high grade gold zones have been located at the northern end of the East Sampson Dam (ESD) prospect on M27/263 during phase 2 reverse circulation (RC) infill and extension resource definition drilling (Figure 1).
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Figure 1: Moho’s Silver Swan North Project tenements in relation to regional geology
FINAL PHASE 2 RC DRILLING RESULTS
Assay results from the final 20 RC holes (SSMH127-SSMH0146 - Table 1) have been received which contain a number of significant mineralised intervals and new mineralised zones that extends high grade gold mineralisation a further 40m north along strike. This release discusses these results for the drill holes shown on Figure 2 covering the northern portion of the ESD gold prospect. Figure 2 also shows these holes in relation to gold projected to the surface incorporating all Moho drilling.
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Figure 2: Phase 2 ESD RC drill program collars in relation to known mineralised zones
The drilling highlighted a number of significant gold intersections (Table 2, Figure 2). All holes were sampled with a primary and duplicate sample collected on a 1m basis from the cone splitter. All samples were analysed at Bureau Veritas Laboratories Perth by 40g fire assay and AAS finish, with certified reference material (CRM) inserted every 33 samples and duplicates collected and assayed every 50 samples throughout the program.
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Table 2: East Sampson Dam – SSMH0127-SSMH0146 significant gold assay results
| Prospect | Hole ID | From (m) |
To (m) |
Interval (m) |
Significant Intercept |
|---|---|---|---|---|---|
| ESD | SSMH0130 | 43 | 45 | 2 | [email protected]/t Au |
| ESD | SSMH0130 | 55 | 56 | 1 | [email protected]/t Au |
| ESD | SSMH0132 | 42 | 46 | 4 | [email protected]/t Au |
| incl | 42 | 43 | 1 | 1m@ 1.04g/t Au | |
| incl | 45 | 46 | 1 | 1m@ 5.22g/t Au | |
| ESD | SSMH0133 | 38 | 39 | 1 | [email protected]/t Au |
| ESD | SSMH0135 | 18 | 19 | 1 | [email protected]/t Au |
| ESD | SSMH0135 | 91 | 92 | 1 | [email protected]/t Au |
| ESD | SSMH0138 | 41 | 42 | 1 | [email protected]/t Au |
| ESD | SSMH0138 | 45 | 46 | 1 | [email protected]/t Au |
| ESD | SSMH0138 | 51 | 54 | 3 | [email protected]/t Au |
| incl | 53 | 54 | 1 | 1m@ 1.44g/t Au | |
| ESD | SSMH0139 | 40 | 41 | 1 | [email protected]/t Au |
| ESD | SSMH0139 | 62 | 68 | 6 | [email protected]/t Au |
| incl | 62 | 63 | 1 | 1m@ 8.8g/t Au | |
| incl | 63 | 64 | 1 | 1m@ 10.7g/t Au | |
| incl | 64 | 65 | 1 | 1m@ 43.5g/t Au | |
| ESD | SSMH0139 | 73 | 74 | 1 | [email protected]/t Au |
| ESD | SSMH0141 | 14 | 15 | 1 | [email protected]/t Au |
| ESD | SSMH0141 | 32 | 33 | 1 | [email protected]/t Au |
| ESD | SSMH0142 | 42 | 43 | 1 | 1m@ 7.05g/t Au |
| ESD | SSMH0142 | 47 | 49 | 2 | [email protected]/t Au |
| ESD | SSMH0144 | 19 | 22 | 3 | [email protected]/t Au |
| incl | 19 | 20 | 1 | 1m@ 5.2g/t Au | |
| incl | 21 | 22 | 1 | 1m@ 2.38g/t Au | |
| ESD | SSMH0145 | 34 | 35 | 1 | [email protected]/t Au |
| ESD | SSMH0145 | 39 | 41 | 2 | [email protected]/t Au |
| incl | 39 | 40 | 1 | 1m@ 1.72g/t Au | |
| ESD | SSMH0146 | 64 | 65 | 1 | [email protected]/t Au |
Notes:
1. Results are aggregation of 1m intercepts > 0.5 g/t Au, up to 1m of internal dilution.
- 2 Results are based on a 1m sample from RC rig cone splitter.
3. Samples were assayed for gold using 40g charge fire assay with AAS finish.
4. Sample intervals are down hole and true widths are yet to be determined.
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SECTION 6637880N
Hole SSMH0130 (Figure 3) discovered 2m @ 3.0 g/t Au on the contact of saprolitic sediment and clay, which extends the medium grade mineralisation pod intersected in SSMH0072 a further 20m up dip. This mineralisation appears to link with mineralisation in ESR224 (1m @ 3.51 g/t Au), 20m to the south, and SSMH0132, 20m to the north (1m@ 5.22 g/t Au).
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Figure 3: ESD cross section 6637880N (looking north) showing current drilling
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SECTION 6637900N
Hole SSMH0132 (Figure 4) discovered shallow medium grade gold mineralisation (1m @ 5.22 g/t Au: 45-46m) with an intersection of 4m @ 1.82 g/t Au in quartz veined intermediate tuff. This extends mineralisation 20m down dip from that intersected in MRC005 (1m @ 3.37 g/t Au). The intersection lies outside of the preliminary April 2020 Whittle design and might influence future pit design.
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Figure 4: ESD cross section 6637900N (looking north) showing current drilling
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SECTION 6637920N
Drilling on this section (Figure 5) intersected a number of new medium and high grade gold zones. In hole SSMH0139 new very high grade mineralisation of 6m @ 11.03 g/t Au including 1m @ 43.5 g/t Au from 62m is located on the contact between andesite and intermediate saprolite. This new zone can be traced at least 15m up dip to the intercept in SSMH0138 (1m @ 1.44 g/t Au). The projected extension of this new shoot 20m to the north is in an area that has not been drilled.
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Figure 5: ESD cross section 6637920N (looking north) showing current drilling
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SECTION 6637940N
Results on this section (Figure 6) show new shallow mineralisation at 14m depth in SSMH0141 with 1m @ 2.4 g/t Au. In SSMH0142, high grade mineralisation of 1m @ 7.05 g/t Au is hosted in saprolitic tuff with minor quartz veining and a lower grade interval of 1m @ 1.74 g/t Au is associated with ferruginised sediment possibly reflecting a structure.
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Figure 6: ESD cross section 6637940N (looking north) showing current drilling
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SECTION 6637960N
New drilling on this section (Figure 7) intersected encouraging gold mineralisation that extends the mineralised envelope 60m north of previously defined mineralisation from the phase 1 RC drilling in July 2020. Four RC holes were designed on 6637960N to follow up an intercept of 1m @ 5.15 g/t Au from 48m in MRC002. Also, based on anomalous historical auger gold results in this area the drilling was testing for potential shallow mineralisation further to the west.
SSMH0144 intersected 3m @ 2.95 g/t Au from 19m including 1m @ 5.2 g/t Au from 19m. When combined with an intercept of 1m @ 1.54 g/t Au from 34m in SSMH0145, it forms a mineralised shoot extending 40m up dip from the MRC002 intercept.
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Figure 7: ESD cross section 6637960N (looking north) showing current drilling
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LONG SECTION
The success of the phase 2 RC drilling can be seen in the long section through ESD (Figure 8) with new high grade mineralisation discovered at the northern end. This area and the southern extent require additional drilling to increase drill density and close off the mineralisation in both directions. There is a strong probability that additional drilling will further expand the mineralisation into fresh material to the south.
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Figure 8: ESD long section (looking west) showing limit of drilling and mineralisation open along strike
CONCLUSIONS FROM PHASE 2 RC DRILLING
The phase 2 RC program was very successful in finding new mineralisation and clarifying the extent and tenor of gold mineralisation at the prospect. High grade intersections have been located 60m north of previous drilling, which is very encouraging. This improved understanding of grade distribution will flow through to resource modelling currently underway, although it is clear that additional drilling is warranted to the north and south to extend or close off new mineralisation discovered. There are a number of sections across the prospect that require additional RC holes to further explore and define mineralisation located to date.
The East Sampson Dam gold project is well located close to existing gold processing facilities and mining infrastructure. Moho believes that, if a suitable gold resource is established, it could provide important cash flow for the Company.
NEXT STEPS
-
Complete metallurgical testwork with master composite analysis - Q2 2021
-
Resource modelling and JORC 2012 mineral resource estimation – Q2 2021
-
Commence Scoping Study – Q2 2021
-
Aircore drilling of historic auger gold anomalies and geophysical targets northeast of ESD along the Tyrells trend – H1 2021
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COMPETENT PERSONS STATEMENT
The information in this announcement that relates to Exploration Results is based on information and supporting documentation compiled by Mr Robert Affleck, a Competent Person who is a RPGeo in the field of Mineral Exploration of The Australian Institute of Geoscientists. Mr Affleck is Exploration Manager and a full-time employee of Moho Resources and holds shares in the Company.
Mr Affleck has sufficient experience relevant to the style of mineralisation under consideration and to the activity which he 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”. Mr Affleck consents to the inclusion in this announcement of the matters based on this information in the form and context in which it appears.
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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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 geologists Bob Affleck (Exploration Manager) and Max Nind (Principal Geologist) are 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).
Moho’s geophysical programs and processing and analysis of the results are supervised by Kim Frankcombe (ExploreGeo Pty Ltd) who is a geologist and geophysicist with 40 years’ experience in mineral exploration. He has worked for major mining companies, service companies and for over 20 years as an independent geophysical consultant. He was a member of the discovery team for several significant deposits including one Tier 1 deposit. He manages the ExploreGeo consulting group which provides specialist geophysical advice to explorers.
Dr Jon Hronsky (OA) provides high level strategic and technical advice to Moho. Jon has more than thirty years of experience in the global mineral exploration industry, primarily focused on project generation, technical innovation and exploration strategy development. He has worked across a diverse range of commodities and geographies, and has particular expertise in targeting nickel sulphide and gold deposits.
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]
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Table 1: Collar Coordinate details – Phase 1 RC Drilling July 2020, East Sampson Dam Prospect, Silver Swan North Project (M27/263)
| Hole ID | Easting | Northing | RL | Depth | Dip | Azimuth- Mag |
|---|---|---|---|---|---|---|
| SSMH0102 | 363882.489 | 6637661.011 | 371 | 108 | -65 | 270 |
| SSMH0103 | 363906.618 | 6637663.94 | 371 | 126 | -65 | 270 |
| SSMH0104 | 363827.364 | 6637676.723 | 370 | 78 | -65 | 270 |
| SSMH0105 | 363895.478 | 6637680.264 | 370.5 | 126 | -68 | 270 |
| SSMH0106 | 363817.195 | 6637700.792 | 370 | 72 | -65 | 270 |
| SSMH0107 | 363812.338 | 6637723.375 | 370 | 60 | -65 | 270 |
| SSMH0108 | 363845.43 | 6637720.069 | 370 | 48 | -65 | 270 |
| SSMH0109 | 363890.38 | 6637719.976 | 371 | 73 | -65 | 270 |
| SSMH0110 | 363885.43 | 6637734.148 | 370.9 | 113 | -73 | 270 |
| SSMH0111 | 363810.23 | 6637759.962 | 368.7 | 54 | -65 | 270 |
| SSMH0112 | 363875.068 | 6637760.216 | 371 | 150 | -65 | 270 |
| SSMH0113 | 363806.167 | 6637775.123 | 369 | 54 | -65 | 270 |
| SSMH0114 | 363902.604 | 6637779.886 | 371 | 144 | -65 | 270 |
| SSMH0115 | 363800.193 | 6637799.835 | 369 | 68 | -65 | 270 |
| SSMH0116 | 363818.503 | 6637799.799 | 369 | 78 | -65 | 270 |
| SSMH0117 | 363861.734 | 6637800.021 | 369 | 114 | -65 | 270 |
| SSMH0118 | 363883.724 | 6637799.922 | 370 | 126 | -65 | 270 |
| SSMH0119 | 363818.043 | 6637821.151 | 369 | 66 | -65 | 270 |
| SSMH0120 | 363888.36 | 6637819.541 | 370 | 128 | -65 | 270 |
| SSMH0121 | 363805.609 | 6637839.961 | 369 | 72 | -65 | 270 |
| SSMH0122 | 363835.332 | 6637840 | 369.4 | 90 | -65 | 270 |
| SSMH0123 | 363853.076 | 6637839.836 | 370.2 | 102 | -65 | 270 |
| SSMH0124 | 363774.834 | 6637860.09 | 369.4 | 54 | -65 | 270 |
| SSMH0125 | 363790.289 | 6637864.938 | 369.4 | 66 | -65 | 270 |
| SSMH0126 | 363828.532 | 6637860.175 | 369 | 90 | -65 | 270 |
| SSMH0127 | 363861.455 | 6637860.059 | 370 | 108 | -65 | 270 |
| SSMH0128 | 363885.32 | 6637859.857 | 370.9 | 120 | -65 | 270 |
| SSMH0129 | 363767.6 | 6637880.059 | 369 | 53 | -65 | 270 |
| SSMH0130 | 363798.941 | 6637880.116 | 369 | 66 | -65 | 270 |
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| SSMH0131 | 363844.643 | 6637878.753 | 370 | 108 | -65 | 270 |
|---|---|---|---|---|---|---|
| SSMH0132 | 363791.44 | 6637900.004 | 369.5 | 68 | -65 | 270 |
| SSMH0133# | 363816 | 6637900 | 369.8 | 108 | -65 | 270 |
| SSMH0134 | 363831.275 | 6637900 | 400 | 108 | -65 | 270 |
| SSMH0135 | 363854.262 | 6637899.922 | 369.7 | 148 | -65 | 270 |
| SSMH0136# | 363750 | 6637920 | 368 | 48 | -65 | 270 |
| SSMH0137# | 363770 | 6637920 | 369 | 60 | -65 | 270 |
| SSMH0138 | 363799.765 | 6637920.861 | 370 | 84 | -60 | 270 |
| SSMH0139# | 363812 | 6637920 | 370 | 102 | -65 | 270 |
| SSMH0140 | 363728.489 | 6637940.282 | 368 | 48 | -65 | 270 |
| SSMH0141 | 363760.643 | 6637939.992 | 369 | 60 | -65 | 270 |
| SSMH0142 | 363779.758 | 6637940.266 | 370 | 72 | -65 | 270 |
| SSMH0143 | 363719.768 | 6637959.994 | 369 | 43 | -65 | 270 |
| SSMH0144 | 363739.615 | 6637959.892 | 369 | 48 | -65 | 270 |
| SSMH0145 | 363759.524 | 6637958.876 | 369 | 60 | -65 | 270 |
| SSMH0146 | 363791.63 | 6637960.1 | 370 | 78 | -65 | 270 |
Notes:
1. Drill hole coordinates MGA94 Zone 51 (GDA94).
2. Collars located with Differential GPS (+/- 30cm accuracy) except for holes marked #.
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JORC Code, 2012 Edition – Table 1 report template
Section 1 Sampling Techniques and Data – East Sampson Dam RC Drilling
| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Sampling | • Nature and quality of sampling (e.g. cut | •The results in this ASX release relates to |
| techniques | channels, random chips, or specific | RC drill holes SSMH0127 to SSMH0146 at |
| specialised industry standard | the East Sampson Dam Prospect, Silver | |
| measurement tools appropriate to the | Swan North Project. | |
| minerals under investigation, such as | ||
| down hole gamma sondes, or handheld | ||
| XRF instruments, etc.). These examples | •1 metre samples were obtained direct from | |
| should not be taken as limiting the | a cone splitter off the RC rig along with a | |
| broad meaning of sampling. | duplicate of every metre for future QAQC. | |
| • Include reference to measures taken to | •The cyclone and cone splitter were levelled | |
| ensure sample representivity and the | prior to every hole and checked at each rod | |
| appropriate calibration of any | change. In clayey horizons the splitter and | |
| measurement tools or systems used. | cyclone were cleaned every metre. | |
| • Aspects of the determination of | ||
| mineralisation that are Material to the | ||
| Public Report. | ||
| • 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. | ||
| Drilling | • Drill type (e.g. core, reverse circulation, | •A 5.5-inch face-sampling RC hammer was |
| techniques | open-hole hammer, rotary air blast, | used throughout the program. |
| auger, Bangka, sonic, etc.) and details | ||
| (e.g. 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.). _ | ||
| Drill | • Method of recording and assessing core | •Sample recoveries were monitored by the |
| sample | and chip sample recoveries and results | logging geologist and were very high for the |
| recovery | assessed. | program. |
| • Measures taken to maximise sample | •Drillers focussed on steady advance rather | |
| recovery and ensure representative | than chasing metres, with pausing after | |
| nature of the samples. | each metre drilled | |
| • Whether a relationship exists between | •No relationship between recovery and | |
| sample recovery and grade and | grade was observed. | |
| whether sample bias may have | ||
| occurred due to preferential loss/gain of | ||
| fine/coarse material. | ||
| Logging | • Whether core and chip samples have | •All holes were thoroughly logged by an |
| been geologically and geotechnically | experienced senior geologist and project | |
| logged to a level of detail to support | geologist as per industry standard. | |
| appropriate Mineral Resource | •Logging is qualitative but chip trays are | |
| estimation, mining studies and | retained for oversight and check logging. | |
| 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. |
| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Sub- | • If core, whether cut or sawn and | •All bulk samples were collected in plastic |
| sampling | whether quarter, half or all core taken. | green bags at the bottom of a cone splitter |
| techniques | • If non-core, whether riffled, tube | and in general were dry. Two 1m samples |
| and | sampled, rotary split, etc. and whether | were collected every metre from the cone |
| sample | sampled wet or dry. | splitter in pre-numbered bags |
| preparatio | • For all sample types, the nature, quality | •Field duplicates were collected every 50 |
| n | and appropriateness of the sample | samples. These showed acceptable levels |
| preparation technique. | of variation given the sometime nuggety | |
| • Quality control procedures adopted for | nature of gold in the area. | |
| all sub-sampling 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. _ | ||
| Quality of | • The nature, quality and appropriateness | •Samples submitted to the assay laboratory |
| assay data | of the assaying and laboratory | were weighed, crushed and pulverized to |
| and | procedures used and whether the | +95% passing -75 micron. A 40g charge |
| laboratory | technique is considered partial or total. | was selected for Fire Assay and AAS finish |
| tests | • For geophysical tools, spectrometers, | with a detection limit of 0.01ppm Au. |
| handheld XRF instruments, etc., the | •Assay reference standard material was | |
| parameters used in determining the | inserted every 50 samples and showed | |
| analysis including instrument make and | good agreement with specifications. | |
| model, reading times, calibrations | •Internal laboratory assay repeats showed | |
| factors applied and their derivation, etc. | good agreement with first results and | |
| • Nature of quality control procedures | internal standards were in line with | |
| adopted (e.g. standards, blanks, | specifications. | |
| duplicates, external laboratory checks) | ||
| and whether acceptable levels of | ||
| accuracy (i.e lack of bias) and precision | ||
| _have been established. _ | ||
| Verification | • The verification of significant | •Significant intersections were checked by |
| of | intersections by either independent or | alternative company personnel prior to |
| sampling | alternative company personnel. | announcement. |
| and | • The use of twinned holes. | •No holes were twinned during this drilling |
| assaying | • Documentation of primary data, data | phase. |
| entry procedures, data verification, data | •Geological logging was on laptop using | |
| storage (physical and electronic) | Ocris logging software which was then | |
| protocols. | incorporated into Moho’s SQL database. | |
| • Discuss any adjustment to assay data. | •No assay data are adjusted. | |
| Location of | • Accuracy and quality of surveys used to | •All collars were picked up using a DGPS |
| data points | locate drill holes (collar and down-hole | with an accuracy of 0.3m. |
| surveys), trenches, mine workings and | •MGA94 Zone 51. | |
| other locations used in Mineral | •Topographic control was by DGPS. | |
| Resource estimation. | ||
| • Specification of the grid system used. | ||
| • Quality and adequacy of topographic | ||
| control. | ||
| Data | • Data spacing for reporting of | •Drill holes were approximately 20m apart |
| spacing | Exploration Results. | |
| and | • Whether the data spacing and | •No resource estimates are quoted. |
| distribution | distribution is sufficient to establish the | •Individual 1m samples not composited for |
| degree of geological and grade | reporting purposes. | |
| continuity appropriate for the Mineral | ||
| Resource and Ore Reserve estimation | ||
| procedure(s) and classifications | ||
| applied. | ||
| • Whether sample compositing has been | ||
| _applied. _ |
| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Orientation | • Whether the orientation of sampling | •The orientation of structures controlling |
| of data in | achieves unbiased sampling of possible | grade distribution are not fully defined at |
| relation to | structures and the extent to which this is | this stage. |
| geological | known, considering the deposit type. | •At this stage, the relationship between |
| structure | • If the relationship between the drilling | drilling orientation and possible mineralising |
| orientation and the orientation of key | structures is unclear but it is expected that | |
| mineralised structures is considered to | forthcoming downhole geophysics and DDH | |
| have introduced a sampling bias, this | drilling will clarify this. | |
| should be assessed and reported if | ||
| material. | ||
| Sample | • The measures taken to ensure sample | •Samples were delivered by company |
| security | security. | personnel to assay labs and bags are |
| secured in the field. | ||
| Audits or | • The results of any audits or reviews of | •Inhouse and consultant audits of standards |
| reviews | sampling techniques and data. | and duplicate results was carried out which |
| showed a good performance overall. |
Section 2 Reporting of Exploration Results
(Criteria listed in the preceding section also apply to this section.)
| Criteria | JORC Code explanation | Commentary |
|---|---|---|
| Mineral | • Type, reference name/number, location | •Moho is the 100% registered owner of |
| tenement | and ownership including agreements or | granted tenements M27/263, E27/528, |
| and land | material issues with third parties such | P27/2232, P27/2390, E27/613 and the |
| tenure | as joint ventures, partnerships, | applicant for ELA27/623 and ELA27/626, |
| status | overriding royalties, native title interests, | E27/638, E27/633, E27/639, P27/2441 & |
| historical sites, wilderness or national | P27/2456 all of which comprise the Silver | |
| park and environmental settings. | Swan North Project. | |
| • The security of the tenure held at the | ||
| time of reporting along with any known | ||
| impediments to obtaining a license to | ||
| _operate inthe area. _ | ||
| Exploratio | • Acknowledgment and appraisal of | Historical exploration has been completed over |
| n done by | exploration by other parties. | various areas covered by Moho’s tenements. |
| other | Companies who have worked in the area | |
| parties | include: | |
| • Australian-Anglo American JV (1969– |
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| 1976) | ||
| • Union Miniere/WMC Resources Ltd JV |
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| (1974–1975) | ||
| • Esso Australia Ltd (1979–1981) |
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| • Amax Resources Ltd (1982–1984) |
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| • CRA Exploration Pty Ltd (1985–1989) |
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| • Mount Kersey Mining (1990–1999) |
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| • Aurora Gold (1991–1994) |
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| • Fodina (MPI/Outokumpu) (1994–1995) |
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| • NiQuest (2000–2005) |
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| • Mithril Resources (2006–2007) |
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| • Lawson Gold (2010–2012) |
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| • MohoResources (2015 to present). |
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| Geology | • Deposit type, geological setting and | •The East Sampson Dam gold mineralisation |
| style of mineralisation. | is spatially related in late-stage porphyry | |
| (leucotonalite) dykes which intrude an east- | ||
| dipping sequence of sediments, tuffs, black | ||
| shale and diorite. The detailed controls on | ||
| gold mineralisation are still unclear but high- | ||
| grade intersections are close to quartz | ||
| veins. | ||
| Drill hole | • A summary of all information material to | •A summary of all relevant drill hole |
| Informatio | the understanding of the exploration | information and intersections for the East |
| n | results including a tabulation of the | Sampson Dam prospect are shown in Table |
| following information for all Material drill | 1 and Table 2 in this announcement. | |
| _holes: _ |
| Criteria | JORC Code explanation | Commentary | ||
|---|---|---|---|---|
o easting and northing of the drill hole |
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| collar | ||||
o elevation or RL (Reduced Level – |
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| elevation above sea level in meters) | ||||
| of the drill hole collar | ||||
o dip and azimuth of the hole |
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o down hole length and interception |
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| depth | ||||
o hole length. |
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| • 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 | • In reporting Exploration Results, | • | No averaging or cut offs have been applied | |
| aggregatio | weighting averaging techniques, | to the data. | ||
| n methods | maximum and/or minimum grade | • | Aggregation of intersections was | |
| truncations (eg: cutting of high | undertaken on the latest East Sampson | |||
| grades) and cut-off grades are | Dam drill holes. All intervals aggregated | |||
| usually Material and should be | were of variable length and variable grades. | |||
| stated. | Intervals quoted contain gold values >0.5 | |||
| • Where aggregate intercepts | g/t Au with up to 1m of internal dilution and | |||
| incorporate short lengths of high- | quoted such as SSMH0126: 5m @ 5.95 g/t | |||
| grade results and longer lengths of | Au from 47m_including_1m @ 15.2 g/t Au | |||
| low-grade results, the procedure | from 49m. | |||
| used for such aggregation should be | • | No metal equivalents have been reported. | ||
| 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. _ | ||||
| Relationshi | • These relationships are particularly | • | All results quoted herein are downhole | |
| p between | important in the reporting of | lengths and the true width is not known. | ||
| mineralisat | Exploration Results. | • | The geometry of high-grade mineralisation | |
| ion widths | • If the geometry of the mineralisation | discovered in recent diamond drilling by | ||
| and | with respect to the drill hole angle is | Moho and structural measurements support | ||
| intercept | known, its nature should be | a shallow plunge to the south of around 20°. | ||
| lengths | reported. | This is supported by Leapfrog grade shell | ||
| • If it is not known and only the down | images created by Moho’s consultant | |||
| hole lengths are reported, there | database manager. Data from downhole | |||
| should be a clear statement to this | televiewer structural logging will assist in | |||
| effect (e.g. ‘down hole length, true | confirming this orientation as part of | |||
| width not known’). | resource modelling studies. | |||
| Diagrams | • Appropriate maps and sections (with | • | Refer to drill hole plan and sections within | |
| scales) and tabulations of intercepts | this release. | |||
| 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 | • Where comprehensive reporting of | • | All results > 0.5 g/t Au are quoted in Table 2 | |
| reporting | all Exploration Results is not | in this release. | ||
| practicable, representative reporting | ||||
| of both low and high grades and/or | ||||
| widths should be practiced to avoid | ||||
| misleading reporting of Exploration | ||||
| _Results. _ | ||||
| Other | • Other exploration data, if meaningful | • | No other significant unreported exploration | |
| substantiv | and material, should be reported | data for East Sampson Dam is available at | ||
| e | including (but not limited to): | this time. | ||
| geological observations; geophysical | • | Sampleswere collectedfromeverymetre |
| Criteria JORC Code explanation Commentary |
Criteria JORC Code explanation Commentary |
|---|---|
| exploration data 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. from 12 holes of the current program to inform and assist in bulk tonnage estimation during forthcoming resource estimation studies. |
|
| 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. •Future studies will include; metallurgical testwork, mining studies including resource modelling. •Exact sites of any future drilling are still being assessed. |