Source: Shutterstock
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • 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
  • To oversee the program, the company appointed Wouter Denig as Chief Geologist, providing 30 years of exploration experience
  • Shares are trading 3.70 per cent higher at 2.8 cents per share at 3:35 pm 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.

MOH by the numbers
More From The Market Herald
Cavalier Resources (ASX:CVR) - Executive Technical Director, Daniel Tuffin

" Cavalier Resources (ASX:CVR) begins PFS at Crawford

Cavalier Resources (ASX:CVR) has begun a pre-feasibility study (PFS) at the Crawford Gold Project within the…
Ten Sixty Four (ASX:X64) - Outgoing Managing Director, Paul Ryan Welker

" Ten Sixty Four (ASX:X64) terminates services agreement of former MD, Paul Ryan Welker

Ten Sixty Four (ASX:X64) has terminated the executive services agreement of former Managing Director Paul Ryan…

" M3 Mining (ASX:M3M) identifies drill targets at Edjudina

M3 Mining (ASX:M3M) has identified prospective gold-in-soil anomalies at the Edjudina gold project 150 kilometres northeast…

" Good Drinks Australia (ASX:GDA) commences the sale of Molson Coors and Magners

Good Drinks Australia (ASX:GDA) begins to sell the Miller Chill, Miller Genuine Draught, Coors, Molson Canadian…