Moho Resources Ltd (ASX:MOH) has added to its interest around the Whistlepipe Project in WA, with an application for additional exploration licences.
In late October the company entered into agreements with Whistlepipe Exploration Pty Ltd to acquire a granted exploration licence and certain technical information relating to six Project areas in Western Australia which Moho intends to evaluate with a view to securing tenure.
Moho has now lodged applications with the Department of Mines Industry Regulation and Safety (DMIRS) for 11 exploration licences over the six Project areas associated with an agreement with Whistlepipe.
Moho Managing Director, Shane Sadleir, said the granted Whistlepipe tenement and Moho’s exploration licence applications over the project areas identified by Whistlepipe are located in sparsely and under-explored ground within the prospective western and southwestern margins of the Yilgarn craton and the Albany-Fraser orogen.
Moho is looking forward to commencing exploration for nickel and associated battery and precious metals within the granted licence near Manjimup and the application areas once granted,” Mr Sadleir said.
“The proximity of the areas targeted by Whistlepipe within or close to zones of moderate Ni-Cu-PGE prospectivity generated using Geoscience Australia’s mineral Potential Mapper data provides independent support for their mineral potential.
“It is also no surprise, given the discovery record of the Whistlepipe principals and their close involvement with the discovery of the Gonneville PGE-Ni-Cu-Co-Au deposit at Julimar.”
Mr Sadleir said that based on information provided by Whistlepipe, Moho understands the granted tenement and project areas under the Acquisition Agreement may be prospective for nickel and associated battery and precious metals.
They were identified using similar concepts and targeting parameters that led to the discovery of the exceptional Gonneville PGE-Ni-Cu-Co-Au mineralisation within the Julimar mafic-ultramafic intrusive complex located on the western margin of the Yilgarn craton.
Moho is currently undertaking due diligence on the Project Information to enable Completion of the transaction.
The company is expediting assessment of the Mining Information relating to the granted tenement at Manjimup (E70/5762) to allow exploration activities to commence as soon as practicable.