Mineral exploration is alive and well today as the equity markets have not been this buoyant since the 1980s. There have been segments where certain commodities would be hot but I have not seen anything like this on all levels of market capitalisations for a long time.
The methodological way in which the company is going about exploring the East Samson project gives some good indication that they know what they are doing, in regard to their exploration.
Exploration is a long-term play and it is exciting times for MOH.
If Moho Resources Ltd can get some early production and become self-funding, it would be one of the few minnows in this sector that have achieved that goal.
About Moho Resources
Moho Resources is a gold exploration company with projects in Western Australia and Queensland, Australia. They have three projects, Empress Springs in Queensland, and Burracopin and Silver Swan North in Western Australia.
Silver Swan North
The Silver Swan North project is about 50 kilometres northeast of the regional mining centre of Kalgoorlie. The project covers approximately 55 square kilometres and encompasses five granted tenements and one tenement application within the Kalgoorlie terrane.
Moho believes that the Silver Swan North project area is considerably underexplored and highly prospective for gold and nickel mineralisation. Moho will focus on shear hosted and porphyry related gold mineralisation and identifying komatiite-hosted nickel sulphide deposits.
The Silver Swan North project sits on the eastern flank of the Kanowna/Scotia dome within the Boorara domain. The regional Mount Monger-Moriarty fault runs through the middle of the project area, which effectively straddles two major tectonic domains, the Kurnalpi terrane to the east, and the Kalgoorlie terrane to the west.
The Burracoppin project is within the Southwest terrane, the southwestern-most element of the Archean aged Yilgarn Craton in Western Australia. The project tenements consist of two exploration licences covering approximately 126 square kilometres.
The project is close to two regional shears and in particular on the aero-magnetic well defined north-south regional shear which is also associated with Tampia gold mine mineralisation to the south. The operating Edna May mine is approximately 22 kilometres east of the Burracoppin project area, in the Westonia Greenstone Belt.
The Empress Springs Project is 25 kilometres the south of the town of Croydon and comprises three adjacent exploration permits with a total area of 773 square kilometres. The Croydon Goldfield, which extends from north of the town, contained over 300 gold occurrences with historical production estimated at 1.2 million ounces. The Empress Springs project is a joint venture with IGO Ltd (ASX:IGO).
Moho considers Empress Springs has the potential to host large Tier-1 gold deposits due to the presence of the intersection of significant interpreted structures within the tenements, some of which penetrate down to the earths mantle and are potential fluid flow paths and traps for mineralisation, mafic dyke swarms reflecting major melting episodes, and coherent gold, antimony and bismuth anomalies coincident with the regional structures and gravity anomalies.
About Ralph Winter
Ralph Winter specialises in corporate affairs and finance, marketing and promotion and business development in both exploration and development companies.
Ralph was involved in the listing of Trafford Resources Limited, Ironclad Mining Limited, Robust Resources Limited and Mineral Products. He is also currently a director of Breast Cancer Care WA and owner of Australian Remote Assistance.