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Hamelin Gold maps out multi-province drilling push across WA projects

Story Highlights
  • Hamelin Gold plans extensive 2026 drilling across key WA projects, backed by $3.1 million cash and a recent asset sale.
  • At Day Dawn near Telfer, new high-grade prospects Aurora, Sparrows and Phoenix have been defined for priority drilling.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hamelin Gold maps out multi-province drilling push across WA projects

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Hamelin Gold Limited ( (AU:HMG) ) just unveiled an update.

Hamelin Gold has outlined a busy 2026 drilling schedule across its Western Australian exploration portfolio, with reverse circulation drilling of about 3,000 metres planned at the Day Dawn Project in the Paterson Province following the imminent grant of its exploration licence. The company has also advanced preparations at its Venus Project in the Yilgarn with a detailed airborne magnetic survey and at its West Tanami Project with plans to test a +1g/t gold corridor and extend granitoid-hosted mineralisation at Jazz, underpinning this activity with cash reserves of roughly $3.1 million and the sale of its Ularring project to Gorilla Gold.

The Day Dawn tenement, located about 10 kilometres northwest of the Telfer gold mine, progressed through a Heritage Protection and Land Access Agreement with native title holders and a comprehensive reinterpretation of historical exploration data. This work has identified three high-grade gold prospects, named Aurora, Sparrows and Phoenix, which will be key early drilling targets and could enhance Hamelin’s exploration upside and strategic position across multiple premier gold provinces.

More about Hamelin Gold Limited

Hamelin Gold Limited is a Western Australia-focused mineral exploration company with a portfolio of gold projects across three of the state’s most prolific gold mining districts, the Yilgarn, Tanami and Paterson provinces. The company applies modern exploration techniques and innovative technologies to discover and develop large-scale, high-value gold mineral systems, positioning its assets near established operations such as the giant Telfer gold mine.

Average Trading Volume: 329,065

Technical Sentiment Signal: Buy

Current Market Cap: A$21.81M

For detailed information about HMG stock, go to TipRanks’ Stock Analysis page.

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