Moho Resources bolsters REE prospectivity at Peak Charles
September 14, 2023 at 02:46 pm EDT
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Moho Resources Ltd (ASX:MOH) MD Ralph Winter tells Proactive the company is zeroing-in on rare earth element (REE) mineralisation at the wholly-owned Peak Charles Project in Western Australia, with soil sampling and radiometric surveying pointing to two anomalies at the Gimli and Pippin prospects. A data review of assays from soil sampling surveys showed a progressive increase in soil total rare earth oxide (TREO) levels towards the core of a radiometric anomaly at Gimli prospect, rising from background levels below 100 parts per million (ppm) TREO to up to 620 ppm at the centre. The Pippin anomaly sits about 15 kilometres south-southwest of Gimli, registering as a similar soil geochemical trend with TREO levels rising to a maximum of 583 ppm, again at the centre of the anomaly.
“Moho is very encouraged by the identification of the coincident rare earth soils and radiometric anomalies within a 50-kilometre magnetic trend,” Winter said.
“It is a significant development for Moho’s critical minerals advancement in the burgeoning Esperance rare earth province and lays a solid foundation for the company’s value creation in the market.”
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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Moho Resources Ltd is an Australia-based mining company. The Company is actively exploring for nickel, PGEs and gold at Silver Swan North, Manjimup and Burracoppin in WA and Empress Springs in Queensland. The Empress Springs Project comprises over three exploration permits for mineral exploration (PM25208, EPM25209 and EPM25210) with a total area of approximately 773 square kilometers (km2). The project is located approximately 25 kilometers (km) due south of the town of Croydon and about 700 km west-northwest of Townsville in north Queensland. The Silver Swan North Project is located approximately 50 km northeast of the regional mining center of Kalgoorlie in Western Australia and covers approximately 55 km2 and consists of five granted tenements and one tenement application within the Kalgoorlie Terrane. The Burracoppin project is located within the Southwest Terrane, the southwestern tectono-stratigraphic element of the Archaean aged Yilgarn Craton in Western Australia.