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M3 Metals Corp Creates New Gold Mine Investment Opportunities

December 02, 2019

On October 22, M3 Metals Corp announced that it had secured a vast physical database of the Mohave Gold Mine Project, which includes many historic gold mines in Mohave’s Weaver in Arizona County where is one of the best gold mining stocks. Besides, this project has been looking for mining investors to restore the gold mine here.

M3 Metals Corp Creates New Gold Mine Investment Opportunities
M3 Metals Corp’s project has been looking for mining investors

M3 Metals Corp recently achieved an option to obtain 100% interest on assets from two separate suppliers who are funding for gold mining projects. In addition to the historic gold mines, there is a localization of gold in the soil and gold within five kilometres stretching over the entire length of the project.

M3 Metals Corp said that database records cover everything from historical resource drilling to mining planning and techniques, to construction reports and targeting. The company said initial efforts to compile and digitize historical data led to the identification of key target areas. The most prominent area, recently called King Dixie, shows the potential of a large-scale gold system on an area of ​​two square kilometres, overlapping with a series of historic mines commonly known as Dixie Mines.

Shares of M3 Metals Corp rose on Tuesday, up 4% or $0.005 to 13 cents with a volume of $1.45 million. The gold mining stocks are trading within the 52-week range of $0.09 and 60 cents.

Vancouver which is one of the investors in the mining projects based facility is currently promoting the Mohave Mine Gold Project along with the Block 103 Iron Ore Project in Newfoundland and Labrador. M3 Metals Corp also invests in the gold mine in Manitoba.

The Mohave project encompasses more than five square kilometres of highly variable rock and virtually the entire historical gold zone is estimated to have produced 100,000 tons at 0.33 to 0.5 oz/ton of gold. The project includes 148 non-resident lode requirements and 13 factory sites.

More than 550 historic boreholes (68,000 feet) have been completed in the Mohave Project, which focuses on developing resources that did not comply with the project’s restrictive provisions. All drilling operations have historically been conducted in the northern quarter of the property, and most of the holes are shallow, 100 feet deep, monitoring the air, many of which stop at the mineral chemistry process. Most of the work was done by private companies in the 1980s and 1990s.
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