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M3 Mining Limited (ASX:M3M)

ALERT: Price-sensitive ASX Announcement for M3M
Current share price for M3M : $0.024 -0.002 (-7.69%)+
Announcement
Release
30 Apr 2026 1:53PM
Price at Release
$0.026
Full Release
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Summary
M3 Mining Limited, trading as M3M on the ASX, released its Quarterly Activities Report and Appendix 5B for the period ending 31 March 2026. The report highlights significant progress in the Edjudina Gold Project, including advancements in the heritage agreement and the identification of new prospective zones at the Yilgangie prospect. Further recommendations include additional drilling at the El Capitan site. Financially, the company maintained a cash balance of approximately $1.72 million. M3 Mining continues to evaluate potential resource acquisitions, focusing on orogenic gold deposits at the Edjudina Project and sedimentary-hosted copper deposits at the Victoria Bore Project.
Key Points
  • Heritage agreement progressing for Edjudina Gold Project.
  • New prospective zones identified at Yilgangie with geological similarities to Porphyry Gold Mine.
  • Independent geophysics consultants recommend further drilling at El Capitan.
  • Cash balance of ~$1.72 million as of 31 March 2026.
  • Ongoing evaluation of potential resource acquisitions.
  • Focus on orogenic gold deposits at Edjudina and sedimentary-hosted copper deposits at Victoria Bore.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.