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Moho Resources Enhances Financial Flexibility and Expands Gold Exploration

Story Highlights
  • Moho Resources completed the sale of Empress Springs Project, boosting financial flexibility.
  • A significant gold anomaly was found at Silver Swan North, shifting focus to gold exploration.
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Moho Resources Enhances Financial Flexibility and Expands Gold Exploration

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An update from Moho Resources Ltd. ( (AU:MOH) ) is now available.

Moho Resources Ltd. reported the completion of a sale agreement with Qld Aus Graphite Pty Ltd for its Empress Springs Project, resulting in a cash inflow and a deferred payment, enhancing the company’s financial flexibility for core projects and strategic growth. Additionally, a significant gold-in-soil anomaly was identified at the Silver Swan North Project, marking a new gold exploration focus in a historically nickel-dominant area, with plans for preliminary drilling to assess the gold anomaly’s potential.

More about Moho Resources Ltd.

Moho Resources Ltd. is a company operating in the mining industry, primarily focused on exploration and development of mineral resources. The company is engaged in projects involving gold and nickel exploration, with a strategic emphasis on value generation and exploration-driven growth.

Technical Sentiment Signal: Sell

Current Market Cap: A$2.98M

Find detailed analytics on MOH stock on TipRanks’ Stock Analysis page.

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