Moho Resources Ltd Uncovers Significant Gold Discovery at Exploration Sites

Moho Resources Ltd-MOH-MOH letters sculpted in desert landscape.

Moho Resources Ltd

  • ASX Code: MOH
  • Market Cap: $3,727,070
  • Shares On Issue (SOI): 745,414,027
  • Cash: $1,219,000 (as of 30 June 2025)
  • Promising Extension of High-Grade Gold Structure at Moho's Bush Chook Project

    Moho Resources Ltd has announced significant progress at its Bush Chook Gold Project in Western Australia's Pilbara region, with recent drone surveys and geological mapping extending a previously identified high-grade gold vein to over 130 metres in strike length with approximately 20 metres of apparent thickness.

    Recent exploration activities at Moho's Bush Chook Project have significantly expanded a previously identified gold-bearing vein system. The gossanous quartz vein, which has historically returned gold grades of up to 13.4 g/t Au, has now been confirmed to extend over 130 metres in strike length with an apparent thickness of 20 metres.

    Geological mapping has revealed that the quartz vein is hosted in greywacke meta-sediments and appears to dip between 30-80 degrees to the southeast. The company has completed new rock chip sampling along the expanded strike length, with assay results expected within 3-4 weeks as part of Moho's strategy to rapidly identify drill targets.

    "Since we reported Bush Chook's acquisition last week, our geologists have wasted no time in getting boots on the ground," said Moho Resources Chairman Peter Christie. "The company is progressing an aggressive exploration strategy to define new gold resources in the Mosquito Creek Basin by utilising new technology and historical data to rapidly define new drill targets."

    Strategic Location in Gold-Rich Territory

    The Bush Chook Gold Project is strategically positioned in the Pilbara Craton, neighbouring AIM Mining Corp's Nullagine Gold Project, which produced 543,000 ounces of gold at 1.6 g/t between 2012 and 2019. This established mining district hosts the 1.8 Mtpa Golden Eagle gold processing plant, offering potential future processing options.

    Importantly, the project sits within the Mosquito Creek Basin, which shares remarkable geological similarities with the Mallina Basin—home to Northern Star Resources' massive Hemi deposit containing 11.2 million ounces of gold. These similarities include:

    • Similar timing of basin formation
    • Comparable location of major crustal bounding faults
    • Presence of late felsic intrusions
    • Similar age and style of gold mineralisation

    Cutting-Edge Exploration Techniques Driving Target Generation

    Moho is leveraging advanced exploration technologies to accelerate its target identification process at the Bush Chook Project. The company has begun reprocessing data from a high-resolution hyperspectral survey (HyMap) conducted across the Bush Chook acreage, which has already revealed promising alignments with historic soil samples.

    The HyMap survey has identified discrete pyrophyllite-dickite anomalies over large hills on exploration license E46/1606 that correlate with historical soil sampling results. Additionally, a newly discovered gossanous quartz vein on the valley floor has been sampled, with results pending.

    This approach mirrors successful exploration strategies employed in the Mallina Basin, where similar HyMap surveys effectively highlighted alteration zones associated with the 1.76 million ounce Camel-Withnell deposits.

    How Does Hyperspectral Mapping Work in Gold Exploration?

    Hyperspectral mapping, like the HyMap technology being utilised at Bush Chook, is an advanced remote sensing technique that measures reflected light across hundreds of spectral bands. This allows geologists to identify specific minerals and alteration patterns that are often associated with gold deposits but invisible to the naked eye.

    In gold exploration, certain mineral assemblages—particularly pyrophyllite, dickite, and other clay minerals—often form during the same hydrothermal processes that concentrate gold. By identifying these mineral signatures from aircraft-collected data, exploration companies can efficiently narrow down target areas across large land packages before conducting more expensive ground-based exploration.

    The effectiveness of this technique was demonstrated in the Mallina Basin, where strong pyrophyllite anomalies were directly associated with significant gold deposits. Moho is now applying similar methodologies to potentially unlock hidden gold resources at Bush Chook.

    Aggressive Exploration Timeline

    Moho is executing a fast-tracked exploration strategy at Bush Chook, with several key activities already completed and important milestones on the horizon:

    • Recent drone surveys and geological mapping have successfully extended the known high-grade gold vein
    • Rock chip sampling has been completed along the 130m strike length
    • Assay results from the recent sampling program are expected within 3-4 weeks
    • The company is engaging with leading hyperspectral consultants to further process and interpret the Mosquito Creek HyMap survey data
    • Field mapping is ongoing to identify additional drill targets

    This methodical yet accelerated approach combines historical data with cutting-edge technology to efficiently identify the most promising drill targets across the property.

    Why Does This Exploration Strategy Matter?

    The integration of traditional field methods with advanced technological solutions allows Moho to explore more efficiently and effectively. Furthermore, this systematic approach reduces exploration risk by providing multiple layers of supporting evidence before committing to costly drilling programs.

    Investment Case: Why Moho Resources Deserves Attention

    Moho Resources presents a compelling investment case for investors interested in early-stage gold exploration with significant upside potential:

    1. Strategic Asset Location: The Bush Chook Project is situated in the proven gold-producing Pilbara region, adjacent to established mining operations and infrastructure.

    2. Geological Analogy to Major Discovery: The project's location in the Mosquito Creek Basin shares remarkable geological similarities with the Mallina Basin, host to the 11.2 million ounce Hemi gold deposit.

    3. High-Grade Potential: Historical sampling has already confirmed high-grade gold presence (up to 13.4 g/t), and the recent extension of the vein system to 130m enhances the project's potential scale.

    4. Innovative Exploration Approach: The company is utilising advanced technologies like HyMap surveys and drone mapping to efficiently identify drill targets, potentially accelerating the discovery timeline.

    5. Experienced Leadership: Moho is led by Chairman Peter Christie, who brings significant business and resources sector experience to the company.

    The Bigger Picture for Gold Explorers

    For investors following the junior gold exploration sector, Moho's gold discovery at Bush Chook Project represents an interesting opportunity at the early discovery stage. The company's approach of combining modern exploration techniques with established geological understanding in a proven gold district provides multiple pathways to potential value creation.

    The proximity to established gold mining operations offers strategic advantages, including potential processing options and the benefit of operating in a region with established mining services and infrastructure. As exploration results continue to flow in the coming weeks and months, Bush Chook could emerge as a significant new gold discovery in Western Australia's prolific Pilbara region.

    The recent gold discovery at Moho Resources Ltd highlights the potential for smaller exploration companies to make meaningful discoveries when applying innovative exploration methods in prospective geological settings. The extension of the high-grade gold vein to 130 metres is just the beginning of what could develop into a significant exploration success story as the company advances its understanding of the mineralised system at Bush Chook.

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