Moho Resources Ltd (ASX:MOH) (Moho or Company) is pleased to provide an update on investigations being conducted into the potential for gold mining at the East Sampson Dam gold prospect at the Silver Swan North project located 50 km northeast of Kalgoorlie WA.
- Targeting completion of Scoping Study in Q3 2020
-CSA Global engaged to model gold mineralisation at East Sampson Dam
-RC drill samples selected for metallurgical test work – Desktop mine project evaluation ongoing and initial Whittle optimisation underway
-Further RC and diamond drilling planned for Q2 2020
- Aiming to extend gold mineralisation at Silver Swan North Project through active drill programs in Q2-3 2020
16 April 2020
“The East Sampson Dam gold project is at an exciting stage of development, with record Australian gold prices adding to the advantages of high gold grades intersected in recent drill programs, and close proximity to toll treatment facilities and a world-class mining infrastructure and workforce near Kalgoorlie. Moho is further encouraged by the potential for additional gold discoveries within the Silver Swan North Project.”
– Mr Shane Sadleir, Moho Managing Director
Investigations to date have provided the Board with confidence to progress the scoping study for mining gold on the East Sampson Dam prospect. It is anticipated that work currently underway and planned to be completed in Q3 2020, including infill RC and diamond drilling, will significantly advance the project, subject to any disruption by the COVID-19 virus.
CSA Global (CSA) has been engaged to undertake geological modelling of gold mineralisation at the East Sampson Dam gold project. This work will identify additional work requirements to advance the project so that an appropriate level of JORC Mineral Resource can be defined. The JORC Resources will provide a firm basis for planning optimum mining and gold recovery operations for input into the scoping study and to determine likely key financial outcomes.
Desktop mine project evaluation by Moho’s consultant mining engineer Minero is ongoing. Minecomp Pty Ltd, a Kalgoorlie-based mine planning company, has been engaged to undertake first pass Whittle optimisation using preliminary grade blocks assessed and provided by CSA, to determine the likely mining inventory for the project.
Figure 2: East Sampson Dam metallurgical samples at Moho’s Perth storage facility Metallurgical test work will be undertaken shortly on RC samples (Figure 2) to provide information for toll
treatment by Carbon-in-Leach and possible on-site heap leaching. This work includes studies focussing on rheology and crush size sensitivity, agglomeration/percolation tests and gold liberation and recovery characteristics.
SOURCE: MOHO RESOURCES
DATE: APRIL 16, 2020