Moho Resources has swiftly secured 18 prospecting licences at its Bush Chook Gold Project, setting the stage for maiden drilling by early 2026. The licences cover significant historical gold anomalies, promising a rapid exploration timeline.
- 18 prospecting licences granted within two months
- No Native Title or Pastoral Lease restrictions on licences
- Historic soil anomalies include an 800m x 200m gold anomaly exceeding 200ppb
- Field validation and rapid assay underway
- Drilling planned for late 2025 or early 2026 pending approvals
Swift Licence Grants Open Exploration Doors
Moho Resources Ltd has made a decisive move in Western Australia's Pilbara region by securing 18 prospecting licences at its Bush Chook Gold Project. Remarkably, these licences were granted just two months after application, a rapid turnaround that underscores the project's strategic importance and regulatory smoothness. Crucially, the licences come free of Native Title or Pastoral Lease conditions, enabling Moho to pursue exploration activities without the typical delays or added costs associated with such encumbrances.
Historical Anomalies Guide Next Steps
The granted licences encompass multiple historical soil anomalies, with one standout target measuring 800 meters by 200 meters exhibiting gold concentrations exceeding 200 parts per billion, peaking at 1.34 grams per tonne. These anomalies are part of a broader pattern of over one hundred gold-in-soil anomalies across the project area, covering more than 6.5 million square meters. This rich geochemical footprint has never been subjected to drilling, presenting a compelling opportunity for Moho to unlock new gold resources in a region already known for significant production.
Field Work and Drilling Plans Take Shape
Field teams have commenced work to validate the historical soil sampling results, with samples being sent for rapid laboratory assays. This validation phase is critical to confirm the anomalies' extent and grade before committing to drilling. Moho has also submitted a Program of Work to the Department of Mines, Petroleum and Exploration, aiming to fast-track drill approvals. Subject to regulatory consent, assay outcomes, and weather conditions, maiden drilling is targeted for late 2025 or early 2026, marking a significant milestone for the project.
Strategic Positioning in the Pilbara
Chairman Peter Christie highlighted the project's untapped potential, noting that despite the proximity to multiple gold mines that have collectively produced over half a million ounces, the Bush Chook acreage remains undrilled. This positions Moho to potentially discover new deposits in a proven gold province. The company’s experienced board and exploration team bring a blend of corporate acumen and technical expertise, which will be vital as the project advances from exploration to potential resource delineation.
Looking Ahead
With licences secured and groundwork underway, Moho Resources is poised to transform historical geochemical anomalies into tangible drilling targets. The coming months will be pivotal as assay results and drill programs unfold, potentially reshaping the company’s asset base and investor appeal.
Bottom Line?
Moho’s rapid licence grants and exploration momentum set the stage for a potentially transformative drilling campaign in the Pilbara.
Questions in the middle?
- Will the upcoming assays confirm the historical gold anomalies’ extent and grade?
- How will Moho prioritize drilling targets among the numerous soil anomalies?
- What impact will the maiden drilling results have on Moho’s valuation and strategic partnerships?