M3 Mining Limited provided an update on the company's ongoing exploration activities. Chair Russell Davis accompanied newly appointed consultant geologist Ziggy Lubieniecki, competent person Jeremy Clark and M3 Mining geologist Austin Gow on a site visit of the Edjudina Gold Project tenements to assess historic workings and map previous geological interpretations. The site visit to the Company's prospective tenements indicate that favorable trends from historic gold prospects to the south continue north on to the company's ground.

Of particular interest is the interpreted strike extension of the structure hosting the Yilgangi Queen mine which produced 35,000oz Au at an average grade of 25.9g/t whilst in operation between 1935 and 1982. The mine is still in operation now focusing on the higher-grade shoots which continue at depth. M3 Mining believes that magnetic trends along with mapped geological packages indicate that mineralisation from these prospects could continue into tenements E31/1140, P31/2113, E31/1141 and E31/1168.

The company is expecting results from its recently completed soil sampling program early June that will assist in defining priority targets for the projects maiden drilling program which is expected to commence in third quarter of 2022.