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Moho Resources puts RC drill to work at Dukes, T3 and T4 Silver Swan North nickel targets

Published 11/10/2022, 11:37 am
Updated 11/10/2022, 12:00 pm
© Reuters.  Moho Resources puts RC drill to work at Dukes, T3 and T4 Silver Swan North nickel targets
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Moho Resources Ltd (ASX:MOH) has kicked off reverse circulation (RC) drilling at the Silver Swan North Project in Western Australia, investigating nickel targets generated from soil sampling and historical data.

The Dukes prospect and T3 and T4 nickel targets are all within 5-10 kilometres from the Nickel Swan mine, hosted in prospective ultramafic zones.

Dukes represents a coincidental nickel-copper anomaly discovered in a soil sampling survey with average values of 616 parts per million (ppm) and 102ppm copper overlaying a 3-kilometre magnetic high.

Moho intends to drill five RC holes at Dukes.

T3 and T4 are also nickel-copper targets, discovered in historical data detailing NiQuest’s rotary air blast (RAB) drill holes on the tenure.

The hole at T3 returned 30 metres at 1,633ppm nickel and 222ppm copper, while T4’s results included 10 metres at 2,000ppm nickel and 440ppm copper, as well as 10 metres at 2,800ppm nickel and 138ppm copper.

The company intends to test T3 with two RC holes at the footwall contact and T4 with three RC holes testing the same footwall zone.

Solidification of critical mineral strategy

“This RC drill program is an exciting development for the company given the nickel-copper coincidence of these targets and their locations over mapped ultramafic zones and respective proximities of 5 kilometres and 10 kilometres from Poseidon’s Silver Swan/Black Swan nickel operations,” Moho Resources managing director Ralph Winter said.

“Exploration here is further solidification of the company’s critical minerals strategy and advancement of this opportunity to create value for the company and its shareholders.”

Once the drilling campaign is complete and assays have been submitted for laboratory analysis, the company plans to complete a heritage survey over the relevant areas of the project to enable more drilling and undertake further infill and soil geochemical sampling.

Finally, Moho will model the geology and assay results to better target future drilling in these areas.

Read more on Proactive Investors AU

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