M3 Mining Limited (ASX: M3M) has identified highly prospective gold-in-soil anomalies in a geochemical soil sampling programme completed recently at the Edjudina Gold Project, located approximately 150km northeast of Kalgoorlie, WA.
Soil samples were collected over a combined strike length of 9,000m and covered sections of M3 Mining’s eastern tenements of Edjudina. Samples were collected at 50m spacing on lines spaced 200m to 400m apart.
The programme was successful in identifying the continuation of the gold anomalous trends that coincide with known gold mineralisation to the south, as well as key pathfinder elements including As, Sb, S, Ba, Mn, and Zn which are strongly associated with the anomalous gold zones.
Many gold occurrences in the region coincide with the presence of arsenic such as Northern Star’s Carosue Dam Operations, and its presence in this round of soil sampling is a positive development.
Executive Director, Simon Levy, said the results are highly encouraging, and analysis of the data has generated high-priority targets that will be tested in the companies upcoming maiden drilling programme.
The results and subsequent analysis from the geochemical soil sampling at our Edjudina Gold Project is very promising and confirms our tenements contain extensions of the prospective mineralised trends from gold prospects to the south,” Mr Levy said.
“The presence of gold in addition to other key elements is encouraging and presents us with multiple drill ready targets. Our maiden aircore drilling programme is on schedule to begin within Q3 CY2022 as originally planned.”
Follow-up Drilling
The company is planning to conduct its maiden drill program to test the targets identified in the recent soils programme and also to test the wider mineralisation potential across the broader tenement package in Q3 CY2022 as scheduled.
The maiden campaign will consist of 5,000 – 10,000m of aircore drilling which will cover multiple prospects and provide the company with the information required to prioritize the second round of drilling.