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The latest announcement is out from Moho Resources Ltd. ( (AU:MOH) ).
Moho Resources Ltd has announced the acquisition of the Bush Chook Gold Project in Western Australia’s Pilbara Region, a strategic move that positions the company to explore high-grade gold resources. The project spans 109 tenements covering 225 km² in the Mosquito Creek Basin, an area known for its substantial gold production history. The project is adjacent to AIM Mining’s Nullagine Gold Project, which has produced significant gold quantities and hosts valuable deposits. Moho plans to initiate an aggressive exploration program to identify drill targets, leveraging historical data that indicates promising gold mineralization. This acquisition is expected to enhance Moho’s operational capabilities and strengthen its position in the gold mining sector, offering potential benefits to stakeholders through the discovery of new gold resources.
More about Moho Resources Ltd.
Moho Resources Ltd is a company operating in the mining industry, focusing on the exploration and development of high-grade gold projects. The company is primarily engaged in identifying and securing gold resources, with a market focus on regions with significant gold production potential, such as Western Australia’s Pilbara District.
Technical Sentiment Signal: Sell
Current Market Cap: A$3.73M
For an in-depth examination of MOH stock, go to TipRanks’ Overview page.