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Hamelin Gold Limited (ASX:HMG)

ALERT: Price-sensitive ASX Announcement for HMG
Current share price for HMG : $0.098 0 (0%)+
Announcement
Release
7 May 2026 8:17AM
Price at Release
$0.098
Full Release
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Summary
Hamelin Gold Limited has announced the granting of the Day Dawn exploration licence, strategically positioned 10 kilometres northwest of the Telfer gold-copper mine in Western Australia's Paterson Province. With the support of a co-funded drilling grant from the Western Australian Government's Exploration Incentive Scheme, which provides up to $180,000, Hamelin plans a 3,000-metre RC drilling program to confirm and extend the high-grade Aurora Lode. The Day Dawn Project, covering approximately 20 square kilometres, will focus on high-grade gold mineralisation at the Aurora, Sparrows, and Phoenix prospects. The comprehensive exploration program sets the stage for a potential discovery of multiple high-grade, near-surface gold lodes, aligning with the project's geological model similar to the Telfer deposit. Drilling activities are set to commence soon, following the processing of environmental and heritage approvals.
Key Points
  • Grant of Day Dawn exploration licence located 10km northwest of Telfer gold-copper mine.
  • 3,000 metre RC drilling program to confirm and extend Aurora Lode.
  • Co-funded drilling grant from WA Government's EIS program up to $180,000.
  • Day Dawn Project covers an area of ~20?km² in Paterson Province.
  • Exploration to focus on high-grade gold mineralisation at Aurora, Sparrows, and Phoenix prospects.
  • Potential for discovering multiple high-grade, near-surface gold lodes.
  • Upcoming exploration program includes an initial 3,000 metre RC drilling and deeper EIS co-funded diamond drilling.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.