PriceSensitive

Moho Resources (ASX:MOH) to commence RC drilling at Black Swan South

ASX News, Materials
ASX:MOH      MCAP $2.157M
21 June 2022 16:15 (AEST)

Moho Resources (MOH) will begin a reverse circulation (RC) drill program at the Silver Swan North project in Western Australia.

Drilling will consist of 12 holes for 2000 metres in its Black Swan South nickel prospect.

It will test for the presence of nickel sulphides on the under explored footwall contact of komatiite, extending over 700 metres.

The aim is to develop a geological understanding of the entire strike length and test historical drilling.

To oversee the program, the company appointed Wouter Denig as Chief Geologist, providing 30 years of exploration experience.

Managing Director Shane Sadlier said it is exciting to drill in an under explored area.

“Moho’s experienced exploration team is looking forward to this RC drill program
shedding new light on the potential of the area to host nickel sulphide mineralisation, particularly given the high grade indicated Mineral Resources recently reported by Poseidon at the nearby Silver Swan and Golden Swan nickel deposits,” he said.

Following the start of drilling, the company has planned a number of exploration activities to accelerate progress at the project.

Shares were trading 3.70 per cent higher at 2.8 cents per share at 3:35 pm AEST.

Related News