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Moho Resources (ASX:MOH) commences drilling at Crossroads

Mining
ASX:MOH      MCAP $2.157M
20 May 2021 15:20 (AEST)

Moho geologists checking core recovery. Source: Moho Resources

Moho Resources (MOH) has commenced diamond drilling at the Crossroads Prospect in Western Australia.

The program will begin by drilling four holes for around 600 metres to test for gold mineralisation. The target areas were initially found by in the January RC drilling program.

This program is partially funded by the WA Government as part of its exploration
incentive scheme to test a potential intrusive-related gold mineral system at the Crossroads prospect.

The drilling aims to obtain high-quality core to study the geology in the area, which can help future drilling programs.

“Moho is again fortunate to have secured West Core Drilling to undertake our maiden diamond drilling program at the Crossroads prospect,” Managing Director Shane Sadleir said.

“We are particularly looking forward to identifying the orientation of structures controlling the gold mineralisation intersected in the recent RC drilling program, and to then apply these findings to subsequent exploration programs,” he added.

Crossroads is located in the Burracoppin Gold Project, which Moho holds in a joint venture project with ASX-listed IGO (IGO).

Moho is planning further aircore and reverse circulation drilling programs at the prospect.

On market close for the day, Moho is up 5.13 per cent and is trading at 8.2 cents per share.

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