Moho Resources Limited announced the results of a preliminary evaluation by consultant geochemist Richard Carver of Rare Earths Elements assay data in the soils within Moho's 100%-owned tenements at its Burracoppin in Western Australia. The Burracoppin project is situated in the WA Wheatbelt and is 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 Total Rare Earth Elements Nd and Pr which were identified in soil samples colected from within Moho's 100%-owned tenements during July 2022.

The program was aimed at identifying anomalous soils for gold and base metals. It excludes any geochemical evaluation of REE assay data on E70/4688 where the majority of expenditure has been incurred by Moho over the last 7 years at Burracoppin. Moho and IGO Limited have an unincorporated joint venture for the purpose of exploring and, if warranted, developing and mining.

Moho anticipates releasing the geochemical evaluation of the REE relating to this tenement following appropriate discussions with IGO. The following comments are pertinent to TREE in the soils at Burracoppin: Despite variations in regolith cover, the soil sampling has successfully highlighted several areas of anomalous TREE. The Burracoppin terrain has abundant granite and granite gneiss rocks as potential sources for TREE.

The lower TREE values typically come from the topographically higher areas. In the upland areas the higher TREE values are in the lower parts of the topography around the streams suggesting the TREE values are increasing down slope in the weathered material. The increasing TREE down slope are best illustrated by a 250-500 ppm contour high to the East of area F. The higher TREE values in some areas may reflect areas of exposed ionic clays on the edge of the channel which have been exposed by erosion of overlying sediment.

For example, area E has the higher detected, TREE value of 1959 ppm TREE. The following comments are pertinent to the distribution of Neodymium and Praseodymium oxides observed to date in soils at Burracoppin: The distribution of NdPr is similar to the distribution of TREE. In the area E there are a number of high values including one highly anomalous value.

Individual NdPr oxide values which are comparable with that identified by exploration companies in the area north of Esperance eg the Belgian Road Prospect which was highlighted by a >150ppm NdPr oxide anomaly over a 5km strike. STEPS: Finalize and release geochemical evaluation of the REE on soils and drilling on E70/4688 following communications with IGO. Finalize and release the geochemical evaluation of lithium, base metals and gold at Burracoppin.

Further soil sampling for TREE. Aircore drilling to test for ionic clay REE development.