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Hamelin Gold Limited ( (AU:HMG) ) just unveiled an announcement.
Hamelin Gold Limited has commenced an airborne electromagnetic (EM) geophysical survey at its West Tanami Project in Western Australia, co-funded by the WA Government’s Exploration Incentive Scheme. This survey aims to identify bedrock conductors within mafic-ultramafic intrusions, which are prospective for copper-nickel-PGE sulphide mineralization. The project builds on the company’s previous identification of mineralized intrusions in the region, supported by a 2024 BHP Xplor funded investigation. The survey results are expected in September 2025, with potential drilling of high-priority targets anticipated later in the year. This initiative underscores Hamelin’s strategic focus on exploring the largely untapped Tanami region, potentially enhancing its industry positioning and offering new opportunities for stakeholders.
More about Hamelin Gold Limited
Hamelin Gold Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in identifying and extracting copper, nickel, and PGE (platinum group elements) from mafic-ultramafic intrusions, particularly in the Tanami region of Western Australia.
Average Trading Volume: 175,814
Technical Sentiment Signal: Sell
Current Market Cap: A$10.31M
See more data about HMG stock on TipRanks’ Stock Analysis page.