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The latest announcement is out from Hamelin Gold Limited ( (AU:HMG) ).
Hamelin Gold Limited has announced a significant discovery of a new zone of gold mineralization at its Jazz prospect in the West Tanami project, Western Australia. The discovery, hosted within a unique granite setting, marks a novel geological context for gold in the region. Initial aircore drilling has shown promising results, revealing mineralization across spaced drill sections and indicating potential for further exploration. The company plans to commence a new phase of exploration, including RC drilling to explore the mineralization’s extent and depth, early in the 2025 dry season.
More about Hamelin Gold Limited
Hamelin Gold Limited operates in the mining industry, focusing on gold exploration and development. The company targets mineral-rich areas in Western Australia, aiming to identify and develop new gold resources.
YTD Price Performance: -1.67%
Average Trading Volume: 150,232
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$9.33M
See more data about HMG stock on TipRanks’ Stock Analysis page.
