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Moho Resources NL (ASX:MOH)

ALERT: Price-sensitive ASX Announcement for MOH
Current share price for MOH : $0.005 -0.004 (-44.44%)+
Announcement
Release
29 Apr 2026 8:17AM
Price at Release
$0.009
Full Release
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Summary
Moho Resources Limited reported its quarterly activities and cash flow for the period ending 31 March 2026. The company's cash position was $1.72 million, bolstered by expected deferred payments from project divestments. During the quarter, Moho expanded its Bush Chook Gold Project with the acquisition of Rocky Ridge, a high-grade gold-antimony target, and completed a 4,000-sample soil campaign to enhance target generation. A 5,000m drilling program is planned for May 2026 to explore multiple gold targets. The company reported exploration cash outflows of $249,186 and maintained no significant mining production or development activities.
Key Points
  • Moho Resources Ltd reported a cash position of $1.72 million as of 31 March 2026.
  • The company has expanded its Bush Chook Gold Project with the acquisition of Rocky Ridge, adding a high-grade gold-antimony target.
  • Moho completed a 4,000-sample soil campaign at Bush Chook to aid in target generation.
  • A 5,000m reverse circulation drilling program is scheduled to begin in May 2026.
  • Deferred cash payments are expected from divestments of the Empress Springs Project and East Sampson Dam Gold Project.
  • Total cash outflows on mining exploration activities for the March 2026 quarter were $249,186.
  • The company reported no substantive mining production and development activities during the quarter.
  • Payments to related parties during the quarter were related to director fees.
  • Moho identified several high-grade gold targets, including Rocky Ridge, Gage Road, CBco, Single Fin, and Little Creature.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.