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M3 Mining (ASX: $M3M) identifies additional bedrock gold anomalies

Update on Edjudina Gold Project exploration


M3 Mining Limited (ASX: $M3M) has announced the discovery of additional bedrock gold anomalies at the Edjudina Gold Project in Western Australia. The recent reconnaissance drilling has revealed new gold anomalies, with composite samples returning results of up to 4m @ 0.55g/t Au. The El Capitan trend of anomalous gold has now been extended to a strike length of 4.5km. The Company is actively exploring the recently granted Old Plough Dam Prospect, located approximately 1km from the Twin Peaks open pit gold mine, which is part of the Carosue Dam gold operations operated by Northern Star Limited.

Executive Director's perspective on the discovery


Further to the promising copper results reported recently from M3 Mining's Victoria Bore copper project, recent reconnaissance aircore drilling has discovered further bedrock gold anomalism at the Edjudina Gold Project. The wide-spaced drilling returned promising results, including 4m @ 0.55 g/t Au, along with several other anomalous intercepts. Notably, we have observed elevated gold at the base of multiple drill holes. The El Capitan anomalous gold trend now covers a strike length of 4.5km. Initial exploration is underway for the recently granted Old Plough Dam Prospect, strategically located close to the Carosue Dam satellite pit Twin Peaks.

Outlook and future exploration focus


M3 Mining's exploration efforts at the Edjudina Gold Project have yielded promising results, with the identification of new bedrock gold anomalies and the extension of the El Capitan gold trend. The Company's focus on the recently granted Old Plough Dam Prospect demonstrates its commitment to further exploration and potential discoveries. With the strategic location of the prospect near existing gold operations, M3 Mining aims to leverage this proximity for continued exploration success. The outlook for the Edjudina Gold Project appears positive, and the Company remains dedicated to the systematic assessment and prioritization of its projects to unlock their full potential.

M3 MINING LIMITED
M3M | ASX | Materials
0.050(+0%)
At close 05/07 (AEDT)
Market cap
$3.0M
Volume
0
DY Yield
0
PE Ratio
0
52 Week Range
0 - 0.225
1YR Return
N / A

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