- Moho Resources has started drilling for gold at its Burracoppin Project in Western Australia
- An auger drilling program comprises of 878 shallow auger holes and commenced on August 10 and is targeting gravity and gold in soil anomalies within E70/4688
Moho Resources has started drilling for gold at its Burracoppin Project in Western Australia.
The company has recently completed relevant land access with local landowners and occupiers.
The company says its awaiting approval from the Program of Works as it was received from the Department of Mines, Industry and Safety in July 2019.
An auger drilling program comprises of 878 shallow auger holes and commenced on August 10 and is targeting gravity and gold in soil anomalies within E70/4688.
The drill program is focusing on a number of exploration targets which the company has identified within the Tampia Structural Corridor of the Southwestern Terrane.
The Burracoppin Project is located within the Southwest Terrane in Yilgarn Craton in Western Australia.
The project consists of two exploration licenses, E70/4688 and E70/5154, that cover approximately 126km2.
It has recently owned 100 per cent interest of the E70/5154 tenement.
Moho was listed on the ASX on November 7, 2018, and raised $5.3 million. As a result, the company is well placed to explore its three projects at Empress Springs, Silver Sean North and Burracoppin.
The company plans on receiving, processing and report assay results by late September and hopes to identify new exploration targets for an air-core drill program by the end of the year.
Moho resources are up 1.85 per cent today and are selling shares at 5.5¢ per share.