Moho Resources begins EM survey at Silver Swan North's Dukes Nickel Prospect

Proactive Investors

Published Mar 21, 2023 12:02

Updated Mar 21, 2023 12:30

Moho Resources begins EM survey at Silver Swan North's Dukes Nickel Prospect

Moho Resources Ltd (ASX:MOH) has begun a ground-based electromagnetic (EM) geophysical survey at Dukes Nickel Prospect, part of the Silver Swan North Project near Kalgoorlie in Western Australia.

The EM survey will assist in identifying potential nickel sulphide targets within the Dukes ultramafic sequence.

It is expected to take about two weeks to complete and is being undertaken by Gem Geophysics under the supervision of Moho’s consultant geophysicist Kim Frankcombe of ExploreGeo Pty Ltd.

Moving forward, a program of works has been approved by the DMIRS for follow-up RC drilling over the Dukes ultramafic sequence.

Survey summary

Moho’s 100-metre in-loop EM survey is using a high-temperature SQUID sensor coupled to a SMARTem receiver on 200-metre line spacing and at 50-metre stations.

This arrangement allows for the collection of very clean, three-component focused in-loop data that enables discrimination between anomalies caused by bedrock conductors and those due to nonmineral related regolith effects such as SPM (Super Para-Magnetism).

Forward plan

Moho’s next steps at Duke’s nickel prospect include:

  • review pending assay results of preliminary RC drill program;
  • process results from the EM survey; and
  • plan and undertake follow-up RC drill program.

Read more on Proactive Investors AU

Disclaimer

Get The App
Join the millions of people who stay on top of global financial markets with Investing.com.
Download Now

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Sign out
Are you sure you want to sign out?
NoYes
CancelYes
Saving Changes