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- 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.
