M3 Mining rounds off airborne survey work to help plan drilling at El-Capitan prospect, WA

M3 Mining (ASX:M3M) has completed an airborne DroneMag survey at its Edjudina Gold Project in Western Australia to support planning for future drill programs within the El-Capitan prospect.

The survey covered 6km-square and used tight line spacing of 25m to provide M3 with a ‘detailed and thorough’ magnetic dataset of the area. 

Specifically, the survey was centred over an aircore drilling intercept from hole EDJAC164, which returned 10m @ 241.2g/t Au from 27m, including 1m @ 2,303.53g/t Au from 27m – 28m. 

Commenting on the survey, M3 Mining Executive Director Simon Eley says: “M3 Mining is pleased to provide an update to shareholders on the ongoing exploration programs at the newly uncovered El-Capitan prospect. 

With a detailed DroneMag survey just completed and interpretation to commence in the coming weeks, we look forward to further advancing the prospect”

With a detailed DroneMag survey just completed and interpretation to commence in the coming weeks, we look forward to further advancing the prospect, which remains an exciting new discovery in a highly prospective gold region of Western Australia.”

M3 Mining is a Perth-based mineral exploration company focused on the exploration and development of its base metal and gold portfolio of assets. As of 31 March 2023, the company had $3.3 million cash at hand, according to its latest quarterly report published on 28 April 2023.

Write to Aaliyah Rogan at Mining.com.au

Images: M3 Mining Ltd
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Written By Aaliyah Rogan
Relocated from the East Coast in New Zealand to Queensland Australia, Aaliyah is a fervent journalist who has a passion for storytelling. When Aaliyah isn’t writing stories, she is either spending time with friends and family or down at the beach.