M3 Mining Limited (ASX:M3M) has reported that a geochemical survey at Edjudina has been completed as it continues to progress exploration work at its Western Australian projects.
The company engaged Terra Search to conduct a geochemical survey at Edjudina, with samples set to be sent for assay.
The Sub-Audio Magnetic (SAM) survey at Edjudina was designed to identify mineralised sequences along strike within the Yilgangi Shear Zone which hosts Northern Star Limited’s Carosue Dam. Two areas were covered and supported M3’s view that known mineralisation from a neighbouring prospect (Rainbow) continues on to the company’s tenement together with the identification of several cross-cutting faults, alteration or intrusive features and possibly significant deformation features.
The geochemical analysis exercise completed by Terra Search collected approximately 1,400 samples across the areas highlighted by the SAM survey results.
The samples collected from the geochemical analysis exercise will be submitted for assaying and results released to market in due course.
M3 Mining’s maiden drilling campaign at the Edjudina Project is expected to commence following the receipt of the soil sampling results and finalising the drilling targets. M3 has secured a drilling contractor and expects to commence this programme in late Q2 CY2022.
New appointments
The company has also revealed that it has secured the services of two notable geologists on a consultancy basis: Ziggy Lubieniecki and Chris Newman.
Mr Lubieniecki and Mr Newman have extensive and invaluable experience in resources and mining projects in Australia and globally, including significant roles in the discovery and advancement of major gold discoveries, including the 6.2 million ounce Gruyere Gold Project.
The two men will assist the company in both advancing exploration of the primary base metal sulphide system at its Victoria Bore project and the gold targets at Edjudina as well as the identification and evaluation of potential synergistic and complimentary acquisitions for the company.
The Company is pleased to report the completion of the geochemical survey exercise by Terra Search at Edjudina,” Executive Director, Simon Eley, said.
“This is the last step required prior to confirming gold targets for commencement of M3’s maiden drilling campaign at Edjudina.
“M3 is also very excited to announce that Ziggy and Chris have been engaged by the company to assist in progressing its current projects as well as provide valuable input into mining and resources assessment and evaluation ahead of potential acquisitions. Ziggy and Chris’ reputations speak for themselves, and we are very pleased they have chosen to work with M3.”
