Drilling Delay Risks Loom as Moho Targets Bush Chook Gold Anomaly

Discovery at Swan Prospect

Moho Resources Ltd (ASX, MOH) has announced the results of its maiden soil sampling program at the Bush Chook Project in Western Australia’s Pilbara region, revealing a substantial gold anomaly stretching 1.4 kilometres in length and 250 metres wide. The anomaly, with gold concentrations ranging from 10 parts per billion (ppb) up to 330ppb, is situated at the newly named Swan Prospect.

This discovery is particularly notable given its proximity, just 10 kilometres, to AIM Mining’s Blue Spec Gold-Antimony Deposit, a well-established resource boasting over 240,000 ounces of gold at high grades. The Swan Prospect anomaly lies within a non-native title area, which simplifies regulatory hurdles and accelerates the path to drilling.

Strategic Exploration and Upcoming Drilling

Since acquiring the Bush Chook Project in August 2025, Moho’s geological team has methodically reviewed historical data and conducted extensive soil sampling to pinpoint promising drill targets. The Swan Prospect emerged as a priority after infill soil sampling confirmed continuity of anomalous gold values along a 1.4km strike length, open to extension in both directions.

Moho plans to commence a reverse circulation (RC) drilling program of between 1000 and 1600 metres as soon as drilling approvals are secured and weather conditions permit, potentially starting as early as mid-November 2025. This program aims to test the depth extent of the gold mineralisation and validate the soil anomaly’s potential to host economically viable deposits.

Broader Project Potential

The Bush Chook Project covers a substantial 386 square kilometres and currently features four distinct drill target zones, including the Swan Prospect (Zone C). Other zones have shown encouraging rock chip samples and soil anomalies, with plans for further infill sampling and exploration activities continuing into 2026.

Notably, the project area includes licences free from native title or pastoralist conditions, which facilitates more efficient exploration operations. Moho’s exploration strategy leverages both historical data and modern geochemical techniques, such as Aqua Regia digest assays, to refine target selection.

Outlook and Market Implications

Chairman Peter Christie expressed optimism about the project’s prospects, highlighting the team’s thorough approach and the potential for significant discoveries ahead of the wet season. The upcoming drilling campaign will be a critical test of the anomaly’s economic potential and could materially enhance Moho’s resource base if successful.

Investors and analysts will be watching closely for assay results from the drilling program, which will provide the first direct evidence of mineralisation at depth and inform future development decisions.