MOH – Moho Resources | Aussie Stock Forums

At Burracoppin, preliminary geochemical review has identified anomalous lithium values of more than 20 parts per million (ppm) in sparsely sampled soils within Areas 1, 3 and 4, which are situated in higher relief (non drainage) areas.

It also demonstrated that soils that recorded lithium in high relief areas also contained high levels of some of the LCT-associated elements.

Moho will now undertake field mapping, further soil sampling and geochemical analysis over areas with high lithium and REE prospectivity to define drill targets.

It will then carry out aircore and/or reverse circulation drilling of identified targets.

….. on a scale of 1 to 10, the most recent statement from MOH would have to be one of the lightest I’ve seen.

The Company had $1.22M in cash as at 30 September 2022, including receiving $1,245,973 through an oversubscribed placement with strong demand from sophisticated and professional investors.

As well as the Burracoppin REE work near Esperance, there is also the Black Swan South Nickel prospect NE of Kal where early RC drilling is completed, and nearby Dukes Nickel Targets, drilling likely to happen when compliance surveys done.

There appears to be a discontinuity between aspiration, cash and timing: is it worthy enough to enter in the December competition, though?

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