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M3 Mining Identifies New Drill Targets at Edjudina Gold Project

Story Highlights
  • M3 Mining’s review of the Edjudina Gold Project has identified new highly prospective drill targets at Yilgangie and potential mineralised extensions at El Capitan.
  • Progress on heritage agreements is paving the way for heritage surveys and an initial aircore drilling program targeting Yilgangie and El Capitan extensions at Edjudina.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
M3 Mining Identifies New Drill Targets at Edjudina Gold Project

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The latest announcement is out from M3 Mining Ltd. ( (AU:M3M) ).

M3 Mining has completed a project-wide review and geophysical targeting campaign at its Edjudina Gold Project, identifying new highly prospective zones at the Yilgangie prospect that share geological characteristics with the adjacent Porphyry Gold Mine owned by Northern Star. The review also highlighted further potential mineralised zones along strike at the El Capitan prospect, with independent geophysics consultants recommending additional drilling, while heritage agreements are progressing to enable heritage surveys and a planned aircore drilling program focused on Yilgangie and El Capitan extensions, marking a key step toward advancing exploration across the project.

The most recent analyst rating on (AU:M3M) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on M3 Mining Ltd. stock, see the AU:M3M Stock Forecast page.

More about M3 Mining Ltd.

M3 Mining Ltd (ASX: M3M) is an Australian mineral exploration company focused on gold exploration, including its Edjudina Gold Project located approximately 150km northeast of Kalgoorlie in Western Australia’s Archaean greenstone belts.

Average Trading Volume: 300,837

Technical Sentiment Signal: Sell

Current Market Cap: A$6.06M

For an in-depth examination of M3M stock, go to TipRanks’ Overview page.

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