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Moho Resources Ltd. ( (AU:MOH) ) just unveiled an announcement.
Moho Resources Ltd has successfully secured $2 million through a share placement to fund an extensive exploration campaign at its Bush Chook Project. The funds will be used for a comprehensive drilling and sampling program aimed at delineating near-surface, mineable gold resources. This initiative includes RC drilling, soil, rock chip, and stream sediment sampling to validate historical gold anomalies and explore new areas. The company has submitted applications for drilling approvals and plans to intensify exploration efforts throughout 2026, potentially enhancing its industry positioning and offering promising opportunities for stakeholders.
More about Moho Resources Ltd.
Moho Resources Ltd is a company operating in the mining and exploration industry, primarily focusing on gold exploration. The company is engaged in identifying and developing gold resources, with a market focus on expanding its pipeline of high-quality drill targets through aggressive exploration activities.
Average Trading Volume: 8,559,708
Technical Sentiment Signal: Sell
Current Market Cap: A$6.71M
See more insights into MOH stock on TipRanks’ Stock Analysis page.