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- Mining company Moho Resources (MOH) has completed its maiden reverse circulation (RC) drilling program at the Burracoppin Project
- The Burracoppin Gold Project is a joint venture between Moho and IGO (IGO) located in Western Australia’s Wheatbelt
- Moho Resources drilled 32 RC holes, to test extensions of previously drilled gold and silver mineralisation at the Crossroads Prospect
- After assay results from the RC drilling come in, the company plans to commence diamond drilling at the project
- Moho Resources closed 1.25 per cent in the red to trade at 7.9 cents per share
Mining company Moho Resources (MOH) has completed its maiden reverse circulation (RC) drilling program at the Burracoppin Project.
The Burracoppin Gold Project is a 70:30 joint venture which the company shares with fellow miner, IGO (IGO). The project is located in Western Australia’s Wheatbelt region, approximately 22 kilometres west of the Edna May Gold Mine.
Moho Resources’ maiden RC drilling program at Burracoppin began last month and was primarily conducted at the project’s Crossroads gold/silver prospect. During the program, the company drilled 32 RC holes in order to test extensions of previously drilled shallow bedrock gold and silver mineralisation at Crossroads.
The drilling at the Crossroads prospect was supported by a co-funded drilling grant under the Western Australian Government’s Exploration Incentive Scheme (EIS).
Moho Resources expects to receive assay results from the RC drilling program in roughly six to eight weeks’ time, around March or April of 2021. Once the assays are received and evaluated, the company plans to commence diamond drilling at the Project.
The small diamond drilling program will consist of only three diamond holes, drilled at locations which have yet to be determined. It is likely that the location of the diamond drilling will be decided by what results arise from the RC drilling assays.
The company’s diamond drilling, which is scheduled for March or April of this year, will also be co-funded under the Government’s Exploration Incentive Scheme.
Moho Resources closed 1.25 per cent in the red to trade at 7.9 cents per share at 4:10 pm AEDT.
