M3 Mining Limited (ASX:M3M) has completed an RC drilling programne at the Edjudina Gold Project, located 140km northeast of Kalgoorlie in Western Australia.
Highlights
- A 426m reverse circulation (RC) drilling program has concluded at M3 Mining’s El Capitan prospect at the Edjudina Gold Project
- Programme targeted depth extensions of previously intersected gold mineralisation including 10m at 241.2 g/t Au from 27m in aircore drillhole EDJAC1641
- Soil and rock chip sampling programs also completed over 8km magnetic trend
- Samples submitted to laboratory in Kalgoorlie with results expected in Q1 2024:
M3 Mining is excited to announce the successful completion of the RC drilling programme at the El Capitan prospect. The program’s primary aim was to intercept gold mineralisation beneath the previously encountered high-grade intercepts. With drilling completed, the samples have been dispatched to the laboratory in Kalgoorlie and results are expected within the coming months,” Managing Director, Simon Eley, said.
In addition to the RC programme, rock chip sampling and tightly spaced soil sampling has been completed over an 8km trend at the Project. The findings from these exercises will be used in conjunction with the drilling data to generate further drill targets at El Capitan.
Soil and Rock Chip Sampling
The company has concluded a soil sampling programme that covered an 8km magnetic-low trend, encompassing the El Capitan prospect and coincident areas of gold nugget finds and historic gold drilling anomalies. A total of 939 samples were collected and have been sent for UltraFine analysis at LabWest in Perth.
The results, expected in Q1 2024, will provide future drill targets at the Edjudina Gold Project.
Additionally, rock chip samples were collected by the company’s team from exposed geology along the same trend. The results from the rock chip samples will be used in conjunction with drilling and soils findings and will increase the company’s confidence in the drill targets generated. The rock chip samples were submitted to the laboratory in Kalgoorlie along with the RC samples, results are expected in Q1 2024.
