Proactives virtual CEO investor session on Tuesday to feature three promising gold explorers

By Deputy Chief EditorAugust 21, 2020

185 2 minutes read

A select group of exploration companies will join Proactives John Phillips at the upcoming virtual investor conference on Tuesday, August 25 at 12pm Sydney time / 10am Perth time.

The CEO Investor Sessions Australia is an online variant of the popular conference format the media company has run for over a decade and enables communication between interested investors and some of Australias most innovative businesses.

Joining Proactive this time around are WA-focused gold explorer Vango Mining Ltd (ASX:VAN), Moho Resources Ltd (ASX:MOH) which is exploring for gold and nickel in WA and Queensland, and Kingwest Resources Ltd (ASX:KWR), a gold exploration company with projects in the Eastern Gold Fields of WA.

Ed Turner, CEO of Kingwest will present at the session, and Andrew Stocks, MD, will represent Vango Mining. Moho will have Ralph Winter, commercial director, outline the companys plans.

Vango Mining[hhmc]

The company is planning to drill three diamond holes into key gold targets at the Neds Creek JV in WA.

This diamond drilling program will begin this month upon completion of a diamond drilling program at the companys nearby Marymia Gold Project.

Stage 1 of the drilling program at Marymia includes 20,100 metres of reverse circulation (RC) and diamond drilling, targeting high-grade resource extensions as well as deeper Plutonic-analogue targets in three key areas that represent 87% of the current resource.

These three areas all lie within projected extensions of the Mine-Mafic stratigraphy that hosts the nearby Plutonic mine (+5.5 million ounces past production).

It is worth noting that the Marymia Gold Project already has a significant resource of one million ounces at a grade of 3 g/t gold.

Moho Resources[hhmc]

Moho shares recently hit a new record high of 20 cents after completed its commitment of a farm-in and joint venture agreement with IGO Ltd (ASX:IGO) to earn a 70% interest in E70/4688, which is part of the companys Burracoppin Gold Project in Western Australia.

The tenement comprises the Crossroads gold prospect, which is around 22 kilometres west of the Edna May gold processing facility operated by Ramelius Resources Ltd (ASX:RMS).

Ralph Winter, commercial director of Moho

Moho has also commenced innovative fieldwork at the Empress Springs Project in Queensland, which will include a regional hydrogeochemistry borehole sampling program and detailed IP survey.

The regional hydrogeochemical sampling program is underway in partnership with the CSIRO while the company will shortly start an IP survey for sulphide minerals over the Arrowhead and Yappar prospects.

Empress Springs is prospective for precious and base metals, including gold, silver, zinc, lead and copper.