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Hamelin Gold Limited ( (AU:HMG) ) just unveiled an update.
Hamelin Gold Limited announced promising initial results from its gold exploration drilling programs in the West Tanami region of Western Australia. The company has identified shallow bedrock gold mineralization at Fremlins South and is conducting follow-up aircore drilling. A 5,000-meter aircore drill program is underway to test six regional gold targets, and results from a 21-hole RC drill program at Jazz are expected in October 2025. These efforts are part of Hamelin’s strategy to unlock the gold potential of the largely unexplored West Tanami region, which is considered highly prospective for multi-million-ounce orogenic gold deposits.
More about Hamelin Gold Limited
Hamelin Gold Limited operates in the mining industry, focusing on gold exploration and development. The company is engaged in exploring gold deposits in Western Australia, particularly in the Tanami Province, using advanced exploration technologies to identify high-priority gold targets.
Average Trading Volume: 257,844
Technical Sentiment Signal: Buy
Current Market Cap: A$16.46M
For an in-depth examination of HMG stock, go to TipRanks’ Overview page.