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Moho Resources Ltd.

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Summary

Project:

Empress Springs

Deposit:Arrowhead
Location:Australia
Commodities:Gold-Silver-Zinc-Lead-Copper
Date:7/1/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:1-7-2019: Moho Resources Ltd. announces an Exploration/Drilling Update report for its Arrowhead deposit at the Empress Springs project. Drilling results incl. 22m @ 0.98g/t Au, 1.83ppm Ag, 182ppm Cu, 1881ppm Pb, 2454ppm Zn from 46m. Moho Resources Ltd (AS
Resources:x
CP/QP:[Overall Report]: Bob Affleck (Internal)
ABSTRACT:Moho Resources Ltd (ASX:MOH) (Moho or the Company) is pleased to provide an update on its recently completed RC drill program at the Empress Springs project, 50km south of Croydon in Central North Qld (Figure 1). The 24 hole RC drill program, which was restricted to existing tracks, was focused on extending the recently discovered gold mineralisation around reconnaissance hole ESA023 at the Arrowhead prospect. Moho has received assay results for fifteen RC holes drilled on the existing tracks on which discovery hole ESA023 (Table 1). ESA023 was drilled in November 2018. The discovery, was a vertical reconnaissance hole which assayed at 9m @ 1.3g/t Au from 45m-54m1 . The hole ended in significant Au and base metal mineralisation (1m @ 1.7g/t Au, 1.0 g/t Ag, 0.15% Pb, 0.25% Zn) in intensely altered and silicified granite. Latest RC drilling aimed to determine the extent of mineralisation laterally and vertically around hole ESA023. During the RC drilling program, Moho trialled and successfully used an onsite geo-analytical processing and pXRF system to determine indicative levels of base metal and pathfinder elements in drill samples within 24 hours of holes being drilled. Moho geologists were able to use the Zn, Cd, Pb and Cu readings in a timely manner to direct the rig to areas of greatest potential.

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