M3 Mining Limited
M3M.AX
Australian Securities Exchange0.03
AUD
+0.00
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M3 Mining Limited
M3M.AX
(Australian Securities Exchange)
Recent
price
0.03
P/E
ratio
- -
div
yld
- -
ROIC.AI
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- Business
- M3 Mining Limited is an Australia-based mining exploration company focused on unlocking copper and gold deposits in Western Australia. Incorporated in 2020 and headquartered in Perth, the company holds 100% ownership of the Victoria Bore Copper Project, located 120 km south of Onslow and targeting sedimentary-hosted copper deposits with historic high-grade production averaging 32.7% Cu from shallow workings; and the Edjudina Gold Project, situated 150 km northeast of Kalgoorlie and exploring for orogenic gold deposits proximal to operating mines with high-grade historical drilling results. Operations center on mineral exploration activities including geophysical surveys, soil sampling programs covering approximately 60 square km at Victoria Bore, reconnaissance mapping at Edjudina's Old Plough Dam prospect, and systematic drilling to test strike and depth extensions of known mineralisation. In recent developments, M3 Mining secured commitments for a A$2.25 million capital raise in Q3 2025 to fund ongoing exploration and evaluated potential resource acquisitions. The company pursued diversification into the energy sector by forming wholly-owned subsidiary M3 Energy Pty Ltd and appointing oil and gas veteran Stuart Brown as Senior Advisor to advance negotiations for an onshore energy asset in North Africa, alongside discussions for gas and coal assets in Queensland; however, it agreed to divest M3 Energy to Jerboa Energy Ltd for A$0.15 million. Additional 2025 activities include quotation of new securities in November, quarterly activities reporting in October highlighting exploration progress, and a requisitioned shareholder meeting in May.