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Staff Writer

Moho Resources Limited (ASX:MOH) has obtained positive assay results from the Tyrells/Hodges aircore drilling programme which was implemented in July to follow up gold in soil geochemical anomalism identified in 2020.

158 aircore holes were drilled for 7,659m, with all holes geologically logged with lithology, alteration and veining recorded. Magnetic susceptibility readings were taken every metre down hole. Samples were collected every metre and four-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.

Tyrells:

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
  • SSA0101 – 4m @ 0.88g/t Au from 36m

Hodges:

Best intersections:

  • 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)

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,” Managing Director, Shane Sadlier, said.

Tyrells Prospect:

At Tyrells, a >800m long structurally controlled mineralisation corridor was intercepted within the more felsic lithologies of the area

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.

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. 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.

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. Additional aircore drilling is planned to test extensions to both the Hodges and Tyrells anomalies.

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