Hamelin Gold Limited ( (AU:HMG) ) has shared an announcement.
Hamelin Gold Limited has initiated a 2,000-meter reverse circulation (RC) drilling program at its Ularring gold project, located in the Yilgarn district of Western Australia. This project aims to explore a 500-meter long gold anomaly using advanced analytical techniques, with initial assay results expected in May 2025. The drilling is significant as it targets potential bedrock gold mineralization in a region associated with multiple gold deposits, potentially enhancing Hamelin’s resource base and market position.
More about Hamelin Gold Limited
Hamelin Gold Limited operates in the mining industry, focusing on gold exploration and development projects. The company is primarily involved in identifying and developing gold resources in the Yilgarn district of Western Australia.
YTD Price Performance: 21.88%
Average Trading Volume: 153,150
Technical Sentiment Signal: Sell
Current Market Cap: A$12.33M
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