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Hamelin Gold Advances Exploration, Awaits Assays

Hamelin Gold Advances Exploration, Awaits Assays

Hamelin Gold Limited (AU:HMG) has released an update.

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Hamelin Gold Limited has completed a significant 3,000m reverse circulation drilling program at the Sultan prospect in the West Tanami region, targeting gold anomalies, with assay results anticipated in August 2024. Concurrently, initial drilling at Fremlins South and extensive soil sampling are underway to further explore the area’s gold potential. The company maintains robust cash reserves of approximately $4.9 million as of June 30, 2024.

For further insights into AU:HMG stock, check out TipRanks’ Stock Analysis page.

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