Hamelin Gold Ramps Up Multi-Province WA Exploration Ahead of 2026 Drilling Campaign

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

Hamelin Gold is advancing exploration across three key Western Australian gold provinces, with work during the December 2025 quarter centred on building drill targets and preparing follow-up programs at its Venus, West Tanami and Day Dawn projects. At the Venus Project in the Murchison’s resurgent +15Moz goldfield, the company is running airborne magnetic and radiometric surveys and phase-two geochemical sampling over largely underexplored, lake-covered tenure to refine targets ahead of follow-up drilling at the high-grade Magellan prospect; in the Tanami, it is planning drilling to test a +1 g/t gold, 400-metre corridor at Fremlins South and a broad granitoid-hosted system at Jazz, while in the Paterson Province it expects the Day Dawn tenement to be granted by April–May 2026 with initial drilling slated for mid-2026, all supported by cash reserves of about $3.6 million at the end of December 2025.

The most recent analyst rating on (AU:HMG) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Hamelin Gold Limited stock, see the AU:HMG Stock Forecast page.

More about Hamelin Gold Limited

Hamelin Gold Limited is an Australian mineral exploration company focused on discovering and developing large-scale, high-value gold systems across three of Western Australia’s most prolific gold mining districts: the Yilgarn, Tanami and Paterson provinces. Its portfolio includes the Venus Project in the Murchison region near Cue, the West Tanami Project in the Tanami Province, and the Day Dawn Project in the Paterson Province, where it applies modern geochemical, geophysical and drilling techniques to underexplored and partly concealed greenstone and granitoid terrains.

Average Trading Volume: 101,006

Technical Sentiment Signal: Hold

Current Market Cap: A$14.87M

Learn more about HMG stock on TipRanks’ Stock Analysis page.