Moho Resources Limited announced the results of a preliminary evaluation by consultant geochemist Richard Carver of lithium and associated element assay data of the soils and stream sediments within Moho's 100%-owned tenements at its Burracoppin Project in Western Australia. The objective of this evaluation was to determine the potential for LCT (lithium, caesium, tantalum) pegmatites within the company's tenements. The Burracoppin Project, which is also considered prospective for gold and ionic clay rare earth elements, is situated in the WA Wheatbelt and located about 15km northeast of the regional town of Merredin and 22km west of the Edna May gold mine operated by Ramelius Resources.

This announcement relates to soil samples collected from within Moho's 100%-owned tenements during July 2022 and stream sediments collected in 2021. These programs were aimed at identifying anomalous soils for gold and base metals. It excludes any geochemical evaluation of assay data on E70/4688 where the majority of expenditure has been incurred by Moho over the last 7 years at Burracoppin to earn its 70% interest.

Lithium in Soils: Lithium is readily leached from soil profiles during weathering and the lithium soil assay data on its own may not be a reliable indicator of the lithium potential of the underlying bedrock. Similarly, anomalous lithium values in soils located in drainage areas may not be a reliable indicator of bedrock sources. A preliminary geochemical review has identified anomalous lithium values in sparsely sampled soils within the company's 100%-owned tenements at Burracoppin.

Areas 1,3 and 4, which are situated in higher relief (non-drainage) areas, have soil lithium values >20 ppm and are considered anomalous. Areas 8-11 are situated in low relief drainage areas and are not regarded as significant at this stage. LCT Elements Associated with Lithium in Soils: The elements caesium, rubidium, beryllium, niobium and tantalum occur in LCT pegmatites and are considered useful indicators of the lithium potential of the underlying bedrock.

Tin, bismuth, tungsten and arsenic are also present at many LCT pegmatite deposits eg Greenbushes in southwest Western Australia. Some of the LCT-associated elements are only partially extracted by aqua regia digest. Niobium and tungsten are poorly extracted by aqua regia digest (about 5%).

Tantalum is too poorly extracted by aqua regia to be useful.