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Moho Resources Ltd. ( (AU:MOH) ) has provided an announcement.
Moho Resources has expanded its flagship Bush Chook Gold Project to 442 square kilometres with the acquisition of the Rocky Ridge area, adding a historic high-grade gold-antimony prospect and two undrilled targets to its Pilbara portfolio. The company has prioritised Rocky Ridge for near-term work, launching a 4,000-sample soil program in March and planning a 5,000-metre drilling campaign from mid-May to test multiple high-grade gold targets as it pursues low-cost, near-surface ounces in a proven gold district.
The Bush Chook tenements surround AIM Mining’s Nullagine Gold Project, which has produced significant gold and hosts the high-grade Blue Spec and Gold Spec gold-antimony deposits, underscoring the prospectivity of Moho’s ground. By rapidly growing its land position and advancing systematic mapping, soil sampling and drilling, Moho is positioning itself for potential discovery in an established gold camp, which could enhance its exploration profile and future development options.
More about Moho Resources Ltd.
Moho Resources Ltd is an Australian natural resources company focused on early-stage gold and other metals exploration projects in Western Australia. The company is advancing its 100%-owned Bush Chook Gold Project in the Pilbara’s Mosquito Creek Basin, a historic gold-producing region with existing infrastructure and nearby operations and deposits owned by AIM Mining and Mark Creasy interests.
Average Trading Volume: 8,978,917
Technical Sentiment Signal: Sell
Current Market Cap: A$9.46M
Find detailed analytics on MOH stock on TipRanks’ Stock Analysis page.