M3 Mining (ASX:M3M) reports that it has commenced a maiden aircore drilling operation at its Edjudina Gold Project in Western Australia.
The 5,000-10,000m maiden drilling operation has started to test extensions to known neighbouring mineralisation and nine high priority anomalies identified by soil sampling and ground based Sub-Audio Magnetic (SAM) surveys.
Speaking on the maiden drilling program, M3 Mining Executive Director Simon Eley said: “The commencement of a drilling program is an exciting time for any exploration company and this air-core program at Edjudina is no exception.
“We are very keen to test not only the new gold trend identified following the recent soil sampling exercise but also extensions to known neighbouring mineralisation”
We are very keen to test not only the new gold trend identified following the recent soil sampling exercise but also extensions to known neighbouring mineralisation in a prolific gold producing region.”
The company also notes that two additional targets located east of the project area and generated from pathfinder elements following a soil sampling exercise will also be drill tested in the maiden drilling campaign.
In addition, three prospects within the program are designed to target a ‘significant’ anomaly that is located along strike on tenure currently held by a joint venture between Legacy Iron (ASX:LCY) and Cazaly (ASX:CAZ).
The ‘significant’ anomaly is largely untested by shallow, wide spaced RAB drilling, despite being immediately adjacent to mineralisation.
M3 Mining is a Perth-based mineral exploration company focused on creating value for shareholders through exploration and development of a high quality copper and gold exploration portfolio. The company’s Edjudina Gold Project is located about 140km northeast of the regional city of Kalgoorlie in Western Australia and comprises six licences held or under application by M3 Mining, and can be accessed via excellent quality tarred and gravel roads.
With the maiden aircore drilling campaign now underway, M3 Mining announces it will update the market when it receives results from this aircore drilling program.
Subject to results from the initial program, M3 Mining will move forward with a follow up reverse circulation (RC) drilling campaign to test priority targets generated by the aircore drilling program.
Images: M3 Mining Ltd
