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- Ultra-fines soil sampling program completed on the Yilgangie and Broken Hill Bore
- 500 samples collected targeting new regional priority areas
- Assays expected in six to eight weeks
- Heritage agreement progressing well
M3 Mining (ASX: M3M) has completed a key milestone with the wrapping up of a soil sampling program as it progresses exploration at the Edjudina gold project in WA.
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The approximately 500 sample ultra-fine soil program focused on the Yilgangie and Broken Hill Bore prospects at the Edjudina project.
Ultra-fines soil sampling, developed by CSIRO, extracts the ultra-fine clay fraction to significantly enhance gold detection weathered terrain and it is the ideal technique for the Edjudina project.
It increases gold concentrations by 100% to 250%, eliminates the false “nugget effect,” and reduces censored results, ultimately allowing explorers to reliably define drill targets beneath transported cover which has inhibited soil sampling at the Edjudina project previously.
Soil samples have now been submitted to Labwest with results expected in six to eight weeks.
NED, Tyler Formica, said the Yilgangie and Broken Hill Bore prospects were selected for soils as they were identified within the regional project review as being priority one areas for gold mineralisation.
“The ultra-fines soil sampling program is an important pathfinder for gold and will be used to refine our planning to optimise future drill targeting,” Mr Formica said.
“With significant progress made in the heritage agreement, the company intends to progress to conducting heritage surveys ahead of drilling these exciting prospects.”
Soil sampling at Yilgangie was designed to define a gold trend where a number of workings are evident along the Yilgangie field and historic drilling returned up to 2.0m at 3.9 grams per tonne (g/t) gold from 33m including 1.0m at 6.2 g/t.
Soil sampling at Broken Hill Bore was aimed to define a gold trend hosted in banded iron formation (BIF) units along a 600m trend of gold workings that returned rock chips assays of up to 65.0 g/t.
M3M is steady at 2.7¢. Mkt cap $5.637M.
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