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Hamelin Gold Limited ( (AU:HMG) ) just unveiled an announcement.
Hamelin Gold Limited has completed an 18-hole RC drilling program at the Fremlins South gold prospect and has commenced drilling at the Jazz gold prospect, both co-funded by the WA Government Exploration Incentive Scheme. The company reported cash reserves of approximately $4.9 million as of June 30, 2025, following a capital raising. The ongoing exploration efforts, including an airborne electromagnetic survey for copper-nickel-PGE potential, aim to enhance Hamelin’s position in the gold mining industry.
More about Hamelin Gold Limited
Hamelin Gold Limited is a company engaged in the exploration of gold and other minerals in Western Australia’s Tanami and Yilgarn gold provinces. The company focuses on discovering large-scale mineral systems using modern exploration methodologies and new technologies.
Average Trading Volume: 152,457
Technical Sentiment Signal: Sell
Current Market Cap: A$12.49M
Learn more about HMG stock on TipRanks’ Stock Analysis page.