Moho Resources Ltd. provided an update on its nickel sulphide exploration program at the Silver Swan North project. The Silver Swan North Project is strategically located adjacent to Poseidon Nickel Ltd.'s 2.2 Mt/year Black Swan Nickel Processing and Concentrator Facility and a number of nickel sulphide mines, including the high-grade, underground Silver Swan Mine and the Black Swan Open Pit Mine. Bedrock mapping at Silver Swan North indicates potential to host nickel sulphide mineralisation: The Silver Swan, Black Swan and Cygnet nickel sulphide deposits are hosted by ultramafic rocks within the Black Swan Komatiite Complex (BSKC), a distinct unit within the Gindalbie Group. Several small exposures of serpentinised olivine cumulate and talc-carbonate altered rock are the only surface expressions of the komatiite and most of the area is covered by several metres of transported or residual lateritic soils. Moho considers that the ultramafic units identified by historical drilling within the Silver Swan North Project may be similar to the ultramafic units hosting the Silver Swan and Black Swan deposits. Exploration Target Zones identified within highly anomalous nickel in soils at Silver Swan North to be followed up: A reassessment of soil geochemistry by Moho's consultant Richard Carver has highlighted several areas of nickel anomalism. The nickel contours indicate the presence of ultramafic units on the western side of the project area. Values above 320 ppb are related to ultramafic rocks and those in the 160­320 ppb range may also be related to ultramafics. Carver also identified four Target Zones of anomalous nickel mineralisation from historical drilling within the anomalous nickel in soil which are the subject of Moho's current nickel sulphide exploration program. Detailed gravity survey by Moho highlights untested gravity high associated with untested historical EM anomaly: A detailed ground gravity survey completed by Moho in the December 2018 quarter has been interpreted by Moho's consultant geophysicist, ExploreGeo Pty Ltd. Of particular interest is that the survey highlighted a local gravity high within Target Zone 3 of the western ultramafic belt that has not been drilled, and which is coincident with a historically modelled electromagnetic (EM) plate around historical drill hole SNRC008 on E27/528. Historical RC drill hole SNRC008 intersected a five metre down hole thickness of sediment from 255m containing 10-40% sulphides (Ni up to 1000 ppm or 0.1%) before ending in ultramafic rocks. A downhole EM survey in SNRC008 conducted at that time detected a large, late time off-hole response toward the bottom and south of the hole that was not followed up with further drilling. Close-spaced Low Temperature SQUID EM survey by Moho identifies drill targets for potential nickel sulphide mineralisation: A Low Temperature SQUID (LTS) EM geophysical surveying work was commenced by Moho in the December 2018 quarter over the western ultramafic belt to assist in identifying potential nickel sulphide targets, initially in the vicinity of historical drillhole SNRC008. The LTS sensor coupled to a SMARTem receiver is able to recover much weaker signals from the ground than the sensors used by previous explorers. This allows for the collection of very clean, three component focused in-loop data that enables discrimination between anomalies caused by bedrock conductors and those due to non-mineral related regolith effects such as SPM (Super Para- Magnetism). It also allows for deeper penetration and, when combined with the closer line spacing used on this survey, facilitates the detection of smaller targets or the separation of clustered conductors. A detailed SQUID EM survey has been completed around historical drillhole SNRC008 using the LTS with a 100m square transmitter loop and sensor in-loop for stations 50m apart on 100m spaced lines. Given the line length, the LTS could potentially detect an EM source for a large target at up to 500m depth. Geophysical modelling of the infill EM survey in the vicinity of historical drillhole SNRC008 has defined four conductive plates, three of which are interpreted to be related to potential sulphide mineralisation and one due to an SPM effect. The three prospective plates are approximately 30m x 30m and dip steeply to the northeast, conformable with local dips. These are considered worthy of follow up by Moho. It should be noted that high grade Silver Swan ore shoots are lensoidal, plunging steeply north with up to 200m down dip extent; vary between 1.5m to 6m thick and have a strike length of up to 50m. The surface EM anomalies are best modelled by several small, separated conductive plates. No EM response was detected from the interflow sediments intersected in historical drillhole SNRC008, nor was an EM response detected in the historic down hole EM of SNRC008. Interpretation of the recent ground gravity by Moho and past aeromagnetic data suggests a number of NE-SW trending structures cutting the ultramafic belt that appear to offset the plates. Moho plans to drill three RC holes during the 1st quarter 2019 to test the three EM plates identified around historical drillhole SNRC008. The holes will be cased for down-hole EM surveying. A Program of Works has been submitted to DMIRS and drill rigs are currently being sourced.