Promising Gold Targets Uncovered in M3 Mining’s Edjudina Exploration

M3 Mining Uncovers Promising Gold Targets at Edjudina

Key Soil Sampling Results Extend Gold Potential Beyond Historic Workings

M3 Mining gold exploration at Edjudina has completed a strategic soil sampling program at its Edjudina Gold Project that reveals significant exploration potential beyond the project's historic high-grade workings. The systematic sampling has identified multiple target zones at the Broken Hill Bore and Old Plough Dam prospects, providing a clear pathway for upcoming exploration.

The Edjudina Gold Project, located approximately 150km northeast of Kalgoorlie in Western Australia's goldfields, is showing strong indicators of gold mineralisation extending beyond previously known areas.

Executive Director Simon Eley commented: "The results from our pXRF analysis have highlighted prospective zones for gold mineralisation at both Broken Hill Bore and Old Plough Dam. At Broken Hill Bore, pathfinders suggest mineralisation extends beyond the known historic workings, while at Old Plough Dam, a geochemical and geological signature in the northeast indicates potential 'Twin Peaks' style gold mineralisation."

Broken Hill Bore: Gold Potential Beyond Historic Workings

At Broken Hill Bore, located approximately 20km northeast of Northern Star's Porphyry Gold Mine, M3 Mining gold exploration at Edjudina has identified key pathfinder elements associated with gold mineralisation concentrated around known historical workings and extending into areas east and west of the ridgelines.

This prospect hosts multiple historic gold workings that historically produced 31.1 g/t Au with previous rock chip sampling returning grades up to 65.0 g/t Au at the Broken Hill North Workings.

The systematic soil sampling program collected 147 samples on a 100m by 200m grid across the prospect, revealing arsenic anomalism—a known gold pathfinder—extends beyond the mapped workings.

Field observations noted extensive historical prospector activity beyond recorded workings, suggesting broader gold potential than previously documented. With minimal surface cover across most of the area, soil geochemistry has proven an effective targeting tool at this prospect.

Old Plough Dam: Twin Peaks-Style Gold Potential

The Old Plough Dam prospect, situated near the Carosue Dam gold trend and approximately 1,200m from the non-active Twin Peaks gold mine, has shown particularly promising results in the northeastern corner of the survey area.

M3 Mining collected 131 soil samples across a 100m by 200m grid, with analysis identifying elevated gold pathfinder elements including arsenic, sulfur, iron, manganese, vanadium, and copper in the northeastern zone. This multi-element signature is consistent with "Twin Peaks-style" orogenic gold mineralisation.

Geological mapping during the program highlighted lithological similarities between this area and those known to host mineralisation at the nearby Twin Peaks mine, further enhancing the prospect's potential.

Understanding pXRF Analysis in Exploration

Portable X-ray fluorescence (pXRF) analysis is a rapid, cost-effective field technique used to identify potential mineralisation targets before committing to more expensive laboratory analysis or drilling. While pXRF readings are not as precise as laboratory assays, they provide valuable initial data for target generation and are particularly useful for detecting pathfinder elements associated with gold.

In the case of the Edjudina project, arsenic anomalism detected by pXRF is being used as a pathfinder for potential gold mineralisation. This approach allows M3 Mining gold exploration at Edjudina to efficiently narrow down areas of interest for more focused follow-up work.

How pXRF Works in Mineral Exploration

Portable XRF technology analyses the elemental composition of soil and rock samples by measuring the characteristic fluorescent X-rays emitted when a sample is excited by an X-ray source. The technology:

• Provides rapid results in the field without the delay of laboratory processing
• Detects pathfinder elements that may indicate the presence of gold, which cannot be directly measured by pXRF
• Enables real-time decision making during field exploration campaigns
• Reduces costs by identifying the most prospective samples for follow-up laboratory analysis

For gold exploration specifically, pXRF is valuable because it can detect arsenic, antimony, bismuth, copper, and other elements that frequently occur alongside gold mineralisation. These "pathfinder" elements help geologists target areas with higher gold potential before investing in more detailed exploration techniques.

The limitations of pXRF include:

• Cannot directly detect gold at low concentrations typically found in exploration samples
• Less precise than laboratory analysis for absolute elemental concentrations
• Surface contamination and soil conditions can influence readings

Despite these limitations, when used as part of a systematic exploration approach, pXRF analysis provides an efficient method for initial target generation and helps focus more expensive exploration techniques on the most promising areas.

Strategic Next Steps at Edjudina

Following these encouraging results, M3 Mining has outlined a clear path forward at Edjudina:

1. Conduct targeted bedrock geochemical testing at Broken Hill Bore to validate soil anomalies and assess gold tenor at depth
2. Implement a closer-spaced soil grid at Old Plough Dam, focused on the prospective northeastern zone
3. Continue with a systematic, cost-effective exploration approach to maximise value across the project

Corporate Developments: Energy Asset Potential

Beyond its gold exploration activities, M3 Mining continues to advance discussions regarding a potential hydrocarbon block in North Africa through its wholly owned subsidiary, M3 Energy Pty Ltd.

The company has met with government officials regarding M3 Energy's potential as an operator for the project and has begun identifying funding partners. M3 Mining has also engaged with ASX advisors to understand the implications of potentially securing this energy asset.

While discussions remain ongoing with no certainty of success, the company will provide updates and seek necessary approvals should the opportunity progress.

Why Investors Should Follow M3 Mining

M3 Mining presents an interesting investment proposition for several key reasons:

1. High-grade gold potential: The company's Edjudina Gold Project shows significant gold potential, with historic workings producing grades of 31.1 g/t Au and recent rock chips returning up to 65 g/t Au

2. Systematic exploration approach: M3 Mining is employing a methodical, cost-effective exploration strategy to maximise shareholder value

3. Dual opportunity pipeline: Beyond gold exploration, the company is advancing discussions on a potential energy asset in North Africa

4. Strategic location: The Edjudina Gold Project is positioned in a proven gold-producing region of Western Australia, near major producing mines

5. Tight capital structure: With 83.8 million shares on issue and a market capitalisation of approximately $2.9 million at $0.035 per share, M3 Mining offers leverage to exploration success

Exploration Strategy Breakdown

M3 Mining gold exploration at Edjudina demonstrates a structured methodology that focuses on:

This phased approach allows for efficient capital allocation while systematically reducing geological risk before committing to more expensive drilling programs. For investors seeking exposure to junior gold exploration with systematic targeting methodology and additional energy sector potential, M3 Mining represents an opportunity to watch in the coming months as exploration programs advance at Edjudina and energy asset discussions continue.

Ready to Tap Into M3 Mining's Gold Discovery Potential?

Take the next step in your investment journey by exploring the full potential of M3 Mining's promising Edjudina Gold Project in Western Australia's goldfields. With systematic exploration revealing multiple target zones and high-grade gold potential, now is the time to discover what sets M3 Mining apart. For comprehensive investor information about these exciting gold prospects and ongoing energy asset developments, visit www.m3mining.com.au today.