M3 Mining Limited (ASX:M3M) has commenced an expedited AC drilling programme at the El Capitan prospect at the Edjudina Gold Project in WA following the recent successful completion of the scout drilling programme completed in May.
M3 Mining is extremely pleased and excited to be rapidly back out in the field drilling at the El Capitan prospect following the outstanding results from the initial scout drilling program completed early in May. The focus is to test the extent of the primary mineralisation of the El Capitan prospect,” Executive Director, Simon Eley, said.
“It is a credit to our small but motivated and enthusiastic team that we’ve been able to return to the field so quickly following the receipt and processing of the initial results received in early June. The significance of potential positive results from this rapid subsequent AC program is considerable.”
The El Capitan prospect has never been drilled. The area around the prospect contains significant quartz scree with a localised moderate relief hill composed of weathered, weakly sheared, carbonate-altered fine grain mafic and ultramafic outcrop.
There have been some historic prospecting activities including trenching and surface scraping. This trench is approximately 100m north of the high-grade gold intercepted in EDJAC1643.
Based on data currently available, the company interprets this trench to represent the potential N to NNW extension of the mineralisation encountered. The prospect is centred on a local gold-in-soils anomaly.
This anomaly continues on the company’s tenure to the south for a further 1.6km.
