M3M Mining (ASX:M3M) - Executive Director, Simon Eley
Executive Director, Simon Eley
Source: M3M Mining
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • M3M Mining (M3M) identifies multiple high-priority gold targets at the Edjudina Gold Project in Western Australia
  • Gap Geophysics Australia undertook a sub-audio magnetic (SAM) survey to trace out the known mineralisation and structural zone that hosts several major gold mines
  • Two areas were surveyed with the results confirmed M3M’s interpretation that the known mineralised structures continue throughout the project
  • The company is now planning a geochemical survey to outline targets for aircore and reverse circulation (RC) drilling
  • M3M ends the day 1.69 per cent in the red with shares trading at 29 cents

M3M Mining (M3M) has identified multiple high-priority gold targets at the Edjudina Gold Project in Western Australia.

The Edjudina Project lies approximately 150 kilometres northeast of Kalgoorlie with historical drilling returning high-grade mineralisation.

Gap Geophysics Australia undertook a sub-audio magnetic (SAM) survey to trace out the known mineralisation and structural zone that hosts several major gold mines.

Two areas were surveyed with the first area located at the southern end of the Edjudina Project and covered a total area of 3.7 square kilometres while the second area covered a total area of 1.3 square kilometres.

The results have been assessed and were considered to be successful in outlining the potentially mineralised structures.

Additionally, the results confirmed M3M’s interpretation that the known mineralised structures continue throughout the project.

M3M is now planning a geochemical survey to outline targets for aircore and reverse circulation (RC) drilling.

M3M has ended the day 1.69 per cent in the red with shares trading at 29 cents in a $9.77 million market cap.

M3M by the numbers
More From The Market Herald

" Live Verdure (ASX:LV1) partners with TruLife for US distribution

Food, skincare and nutraceutical company Live Verdure (ASX:LV1) has entered a non-executive national sales and distribution…
SECOS Group (ASX:SES) - CEO, Ian Stacey

" SECOS (ASX:SES) launches MyEcoBag and MyEcoPet through Pacchini

Sustainable packaging company, SECOS (ASX:SES) has launched MyEcoBag and MyEcoPet through Pacchini Sales and Distribution to…

" Solis Minerals (ASX:SLM) kicks off drilling at Mostazal copper project

Newly listed Solis Minerals (ASX:SLM) has hit the ground at its Mostazal copper project in Chile…
Argenica Therapeutics (ASX:AGN) - CEO, Dr Liz Dallimore

" Argenica Therapeutics (ASX:AGN) determines safe starting dose level for ARG-007

Argenica Therapeutics (ASX:AGN) determines safe starting dose level from toxicology and genotoxicity studies