Making East Samson a Mining Proposition - Moho Resources Limited (ASX:MOH)
Rooster Talk Episode 37 with Ralph Winter, Director of Moho Resources Limited (ASX:MOH)
Moho Resources Limited (ASX: MOH) updates us on the East Samson Dam.
The journey to mining at East Samson Dam is now getting closer to fruition as the company works towards their first JORC resource. With the gold pricing repositioning for another move upwards, timing for Moho could not be better.
In this Rooster Talk Episode 37, Ralph Winter shares with us what the company is doing on the exploration front and how they are focusing on making the mining of East Samson Dam a reality.
The takeaway from this episode is that Moho is now valued at $8M and the company is about to make mining and hence self-funding a reality.
With things looking positive here, this may be the time for investors to do some DYOR and consider MOH as a potential investment opportunity.
00:00 Introduction - What has been happening
01:47 Update on the JORC Resource
04:10 What Empress Spring means to Moho
05:39 When could you be mining at East Samson Dam
07:45 Investors like Moho even more as a low market cap explorer
08:38 How is the Burracoppin project?
11:35 Why the management is quality
12:32 New flow
16:36 The Nickel Chairman factor
About Ralph Winter
Commercial Director, Moho Resources Limited
Specialising in corporate affairs & finance, marketing & 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, Mineral Products. He is also currently a Director of Breast Cancer Care WA and Owner of Australian Remote Assistance.
About Moho Resources Limited
Silver Swan North
The Silver Swan North project is located about 50km northeast of the regional mining centre of Kalgoorlie in Western Australia. The project covers approximately 55km2 and encompasses granted tenements within the Kalgoorlie terrane. Moho believes that the Silver Swan North project area is considerably underexplored and highly prospective for gold and nickel mineralization. Moho will focus on shear hosted and porphyry related gold mineralization 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 located within the Southwest terrane, the southwestern element of the Archean aged Yilgarn Craton in Western Australia. The project tenements consist of five granted exploration licenses and two exploration licenses under application covering approximately 480 sq. km.
The Burracoppin project is located 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 mineralization to the south. The operating Edna May mine is located approximately 22km east of the Burracoppin project area, in the Westonia Greenstone Belt.
The Empress Springs Project is located 50 km to the south of the town of Croydon and comprises thirteen adjacent exploration permits with a total area of 2,889 km². The project is located about 25km due south of the town of Croydon and 700km west-northwest of Townsville in North Queensland. The Croydon Goldfield, which extends from north of the town, contained over 300 gold occurrences with historical production estimated at 1.2Moz of Au. The Empress Springs project is a joint venture with IGO Limited (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 earth’s mantle and are potential fluid flow paths and traps for mineralization, mafic dyke swarms reflecting major melting episodes, and coherent gold, antimony and bismuth anomalies coincident with the regional structures and gravity anomalies.
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