Moho Resources Defines Multiple Shallow Gold Systems at Bush Chook

Phase One Drilling Reveals Promising Gold Systems

Moho Resources Ltd (ASX:MOH) has delivered encouraging results from its initial reverse circulation (RC) drilling at the Bush Chook Gold Project in Western Australia's Pilbara Craton. The first phase has delineated two distinct shallow, multi-lode gold systems at the Gage Road and CBco prospects, spanning more than 600 metres of combined strike length. Notably, 70% of drill holes intercepted significant gold mineralisation exceeding 0.5 grams per tonne (g/t) Au, a solid strike rate for early-stage exploration.

At Gage Road, two mineralised lodes extend over 200 metres and remain open both along strike and at depth. The mineralisation is hosted within quartz-pyrite veins in metamorphosed siltstone-shale, dipping approximately 40 degrees east. Eleven holes drilled to a maximum depth of 102 metres yielded consistent gold intersections, including a standout 14-metre interval grading 1.04g/t Au from 13 metres depth.

CBco, with its two gold lodes defined over 420 metres of strike, also remains open-ended. Fifteen of eighteen holes returned significant gold, with intercepts such as 15 metres at 0.84g/t Au from 64 metres depth, including higher-grade sub-intervals. The mineralisation here occurs in quartz-pyrite and quartz-sericite-pyrite altered metasedimentary rocks.

Soil Sampling Uncovers New Targets and High-Grade Anomalies

Complementing the drilling, a comprehensive regional soil sampling campaign assayed nearly 5,000 samples, identifying widespread gold anomalism. Over 1,500 samples exceeded 10 parts per billion (ppb) Au, with 19 samples surpassing 1g/t Au. Two large-scale anomalies, labelled 2026 Anomaly 1 and 2026 Anomaly 2, cover extensive areas between 750 metres and 1.5 kilometres, each containing multiple samples above 1g/t Au. These anomalies are currently being advanced through detailed geological mapping and rock chip sampling to generate drill-ready targets.

Heritage Agreement Unlocks Majority of Project for Exploration

Crucially, Moho has signed the Palyku-Jartayi Heritage Agreement, granting access to 80% of the Bush Chook Project area. This unlocks the potential to drill test high-priority prospects such as Emu and Bright Tank, which feature significant surface gold mineralisation but remain untested by drilling. The Emu Prospect hosts a 200-metre-long quartz vein with rock chips averaging 5.9g/t Au and assays up to 13.4g/t Au, situated just 2 kilometres from AIM Mining’s Barton Gold Mine. Bright Tank comprises two clusters of outcropping gold mineralisation along a 600-metre trend, with assays up to 12.7g/t Au, making it a prime target for upcoming drilling.

Rocky Ridge Drilling Redirected Amid Limited Strike

At the Rocky Ridge prospect, Moho completed seven of the planned 22 holes targeting high-grade mineralisation near historic underground workings. Geological logging and assays indicated that mineralisation is tightly constrained to less than 20 metres of strike, leading to an early termination of drilling to focus resources on higher-priority targets. This tactical shift underscores Moho’s focus on efficient capital deployment within its portfolio.

Phase Two Exploration Underway with Drilling Scheduled for Q4 2026

Moho is advancing Phase Two exploration activities, including geological mapping and rock chip sampling across newly accessible areas. RC drilling is planned to resume in the fourth quarter of 2026, aiming to expand the Gage Road and CBco discoveries and to test the Emu and Bright Tank prospects. The company highlights its cost-effective exploration approach, with RC drilling costs under $55 per metre and minimal earthworks required, enabling broader target evaluation per dollar invested.

While the true thickness of mineralisation remains uncertain due to variable dip angles, these early results provide a compelling foundation for Moho’s ongoing exploration strategy at Bush Chook. The company’s approach to rapidly expanding its discovery pipeline, combined with strategic heritage access agreements, positions it well to unlock value in this underexplored Pilbara gold district.