Moho Resources confirms thick high-grade REEs at Peak Charles
Melbourne, Victoria
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November 30, 2023 01:30 PM Eastern Standard Time
Moho Resources Ltd (ASX:MOH) MD Ralph Winter speaks with Proactive after confirming the presence of thick, high-grade clay hosted rare earth elements (REEs) at its Peak Charles Project in Western Australia. The results come from the company’s second round of reconnaissance aircore drilling at the project, situated north of Esperance. Notably, 81% of all 43 phase 2 aircore drill holes returned assays greater than 300ppm TREO and 35% returned assays greater than 750ppm TREO.
"The second phase of outstanding total rare earth results from Peak Charles with large thicknesses of clay-hosted rare earth mineralisation over 1.4 kilometres is a fantastic outcome for the company’s critical minerals strategy, Winter said.
“With positive landholder relationships being cultivated the company is perfectly situated to take advantage of the burgeoning clay-hosted rare earth province near Esperance and now has multiple targets to expand across the project.”
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