Hamelin Gold Uncovers New Gold Zone at Jazz Prospect, Plans RC Drilling in 2025

Exploration Breakthrough at Jazz Prospect

Hamelin Gold Limited’s latest quarterly report for the period ending 31 December 2024 highlights a pivotal development in its exploration portfolio with the identification of a new zone of gold mineralisation at the Jazz prospect in Western Australia’s Tanami Province. This discovery emerged from a 3,667-metre aircore drilling campaign targeting geochemical anomalies defined by the innovative Jazz Ultrafine® (UFF) analytical technology.

The mineralisation is hosted along the northern margin of a low zircon, silica-rich granite body, the Jazz Granitoid, marking the first significant granite-hosted gold zone within the West Tanami project. The regolith-hosted gold mineralisation extends over a width of up to 200 metres and remains open to the west, suggesting considerable potential for expansion.

Strategic Follow-Up and Regional Advances

Building on this breakthrough, Hamelin plans to commence reverse circulation (RC) drilling in April or May 2025, aiming to test the lateral and depth extensions of the granitoid-hosted mineralisation. This next phase is critical to delineate the scale and grade continuity of the gold system and to validate the geological model that draws parallels with globally significant deposits such as Gruyere and Granny Smith.

Meanwhile, in the Yilgarn Province, the Anderson project has yielded promising results from orientation trials of the UFF technology, revealing strong gold anomalism indicative of a bedrock source. Follow-up sampling and shallow aircore drilling have identified a north-northeast trending mineralised corridor with notable end-of-hole gold intersections, some exceeding 4 g/t Au. The project footprint has expanded with a new exploration licence application covering an additional 160 km², bringing the total Anderson project area to over 500 km².

New Tenement Application and Corporate Position

Hamelin has also lodged a significant tenement application for the Venus project, spanning approximately 200 km² near Cue in the Yilgarn Province. This area, largely covered by lake sediments and historically underexplored, hosts conceptual gold targets adjacent to established gold corridors. The grant of this licence is anticipated by mid-2025, positioning Hamelin to apply its modern exploration methodologies to a fresh and prospective terrain.

On the corporate front, Hamelin reported cash reserves of around $3.3 million at the end of December 2024, supplemented by a subsequent R&D tax rebate of approximately $0.3 million. The company remains well-funded to support its aggressive exploration agenda across multiple projects.

Innovative Exploration Techniques Driving Discovery

Hamelin’s application of the CSIRO-developed Ultrafine® analytical technology is proving instrumental in unlocking gold targets beneath transported cover and complex regolith profiles that have historically challenged conventional exploration. This technology’s ability to detect subtle multi-element geochemical signatures is enabling Hamelin to identify bedrock gold sources with greater confidence and efficiency.

As the company progresses into 2025, the integration of these advanced techniques with targeted drilling campaigns will be pivotal in advancing Hamelin’s portfolio towards delineating economically viable gold deposits.