(NewsDirect)
Moho Resources Ltd(ASX:MOH) MD Ralph Winter tells Proactive the company is zeroing-in onrare earth element (REE) mineralisation at the wholly-owned PeakCharles Project in Western Australia, with soil sampling andradiometric surveying pointing to two anomalies at the Gimli andPippin prospects. A data review of assays from soil sampling surveysshowed a progressive increase in soil total rare earth oxide (TREO)levels towards the core of a radiometric anomaly at Gimli prospect,rising from background levels below 100 parts per million (ppm) TREOto up to 620 ppm at the centre. The Pippin anomaly sits about 15kilometres south-southwest of Gimli, registering as a similar soilgeochemical trend with TREO levels rising to a maximum of 583 ppm,again at the centre of the anomaly.
“Moho is very encouraged by the identification ofthe coincident rare earth soils and radiometric anomalies within a50-kilometre magnetic trend,” Winter said.
“It is a significant development for Moho’s criticalminerals advancement in the burgeoning Esperance rare earth provinceand lays a solid foundation for the company’s value creation in themarket.”
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Proactive Investors
JonathanJackson
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