Moho Resources Expands Bush Chook Gold Project Ahead of Major Drilling Campaign
Moho Resources has significantly expanded its Bush Chook Gold Project in Western Australia, securing 26 new prospecting licences and unveiling high-grade gold assay results that set the stage for a substantial drilling program backed by a $2 million capital raise.
- Bush Chook Gold Project expanded to 386 km² with 26 prospecting licences granted
- Rock chip assays reveal high-grade gold up to 28.6 g/t Au, extending mineralised trends
- Planned 5,000 to 10,000 metre RC drilling campaign targeted for November 2025 or early 2026
- $2 million placement secured to fund aggressive exploration activities
- No mining production during the quarter; cash position at $669,000 with deferred payments expected
Strategic Expansion in a Historic Gold Province
Moho Resources Ltd has made a decisive move to bolster its presence in Western Australia’s Pilbara region by expanding the Bush Chook Gold Project to a substantial 386 square kilometres. This expansion follows the granting of 26 prospecting licences, a rapid progression that underscores the company’s commitment to advancing its early-stage gold exploration efforts in the Mosquito Creek Basin, a region with a rich history of gold production.
The Bush Chook Project now surrounds AIM Mining’s Nullagine Gold Project, a well-established operation that has yielded over 600,000 ounces of gold since 2012. Moho’s consolidation of this land package positions it strategically to explore high-grade vein and soil targets that have shown promising assay results.
Encouraging Assay Results and Target Identification
Fieldwork conducted in the quarter revealed significant gold mineralisation, with rock chip samples returning assays as high as 28.6 grams per tonne (g/t) gold. These results extend a high-grade mineralised gold trend to 300 metres at one of the key drill targets within the project. Notably, a 100-metre outcropping gold vein with an apparent thickness of 20 metres has been identified, offering a compelling target for upcoming drilling.
Additional exploration techniques, including drone surveys, geological mapping, and reprocessing of hyperspectral data, have further refined target zones across the project. Four priority drill zones have emerged, each supported by historic and recent sampling data, setting the stage for a focused and efficient drilling campaign.
Funding and Forward-Looking Exploration Plans
To support its ambitious exploration agenda, Moho has secured a $2 million placement from institutional and sophisticated investors. This capital injection will underpin a planned reverse circulation (RC) drilling program ranging from 5,000 to 10,000 metres, anticipated to commence in November 2025 or early 2026, subject to regulatory approvals and weather conditions.
The company also plans extensive soil, rock chip, and stream sediment sampling campaigns to validate and expand over 100 historical gold anomalies. These efforts aim to rapidly advance multiple targets from surface sampling to drill-ready status, leveraging a low-cost, high-impact exploration strategy.
Financial Position and Outlook
As of 30 September 2025, Moho held $669,000 in cash, with additional funds expected from deferred payments related to recent divestments. The company reported no mining production during the quarter, focusing resources on exploration activities. With the new funding and a strengthened land position, Moho is well-positioned to accelerate its discovery potential in a historically productive gold district.
Bottom Line?
Moho’s expanded footprint and fresh capital set the stage for a pivotal drilling campaign that could redefine its growth trajectory in the Pilbara gold scene.
Questions in the middle?
- Will upcoming assay results from soil sampling at Zone C confirm new high-grade gold targets?
- How will the market respond to potential dilution from the $2 million placement?
- What are the timelines and regulatory hurdles for the planned drilling program starting late 2025?
