Hamelin Gold Limited has secured a pivotal tenement in the Venus Gold Project and completed multiple drilling programs across Western Australia, reinforcing its exploration momentum with $3.6 million in cash reserves.
- Grant of critical tenement at Venus Gold Project in Murchison region
- Completion of RC and aircore drilling at Fremlins South and Jazz prospects with assays pending
- Regional aircore drilling across five West Tanami prospects underway
- Day Dawn Project progressing to grant with heritage agreements in negotiation
- Exploration activities co-funded by WA Government Exploration Incentive Scheme
Strategic Tenement Acquisition Bolsters Venus Project
Hamelin Gold Limited has taken a significant step forward in its Western Australian exploration strategy with the granting of tenement E21/235 within the Venus Gold Project, located in the prolific Murchison region. This area, largely unexplored due to its coverage by the Lake Austin salt lake, presents a compelling opportunity given its structural similarities to major gold systems nearby, such as the 4.8 million ounce Big Bell mine. The company’s interpretation of aeromagnetic data has identified a key structural flexure beneath the lake, which is now the focus of upcoming ground gravity surveys and planned aircore drilling in early 2026.
Drilling Programs at Fremlins South and Jazz Prospect Show Promise
During the quarter, Hamelin completed reverse circulation (RC) drilling at Fremlins South and Jazz prospects in the West Tanami region. At Fremlins South, a 19-hole RC program confirmed near-surface gold mineralisation within a 600-metre corridor, highlighting zones with encouraging grades such as 10 metres at 1.01 grams per tonne gold. Follow-up aircore drilling has been completed to refine structural understanding, with assay results expected soon. Similarly, a 21-hole RC program at Jazz targeted depth extensions beneath previously identified gold anomalies, with assays pending. Both programs benefited from co-funding through the Western Australian Government’s Exploration Incentive Scheme, underscoring the strategic partnership supporting Hamelin’s exploration efforts.
Regional Exploration and Project Pipeline Progress
Beyond these focused drilling campaigns, Hamelin advanced a regional aircore drilling program across five prospects in the West Tanami, totaling 74 holes and nearly 4,000 metres drilled. Assay results are awaited, but this broad approach aims to identify new targets within a highly prospective gold province. Meanwhile, the Day Dawn Project in the Paterson Province is moving closer to formal grant status following resolution of objections and ongoing heritage negotiations. This project’s proximity to the giant 32 million ounce Telfer gold mine adds strategic value to Hamelin’s portfolio.
Financial Position and Outlook
Hamelin Gold reported cash reserves of approximately AUD 3.6 million as of 30 September 2025, reflecting a disciplined expenditure of around AUD 1.03 million on exploration activities during the quarter. The company continues to focus on leveraging modern exploration technologies and government co-funding to efficiently advance its projects across three prolific gold provinces in Western Australia. No mining development or production activities were undertaken this quarter, consistent with the company’s exploration stage.
Looking Ahead
With key tenement grants secured and multiple drilling programs completed, Hamelin Gold is poised for a critical phase of assay result releases and follow-up exploration. The upcoming gravity survey at Venus and the pending assay results from Fremlins South and Jazz will be closely watched by investors and analysts eager to assess the potential scale and grade of these mineralised systems. The company’s ability to maintain momentum and secure further funding or partnerships will be pivotal as it seeks to unlock value from its extensive landholdings.
Bottom Line?
Hamelin Gold’s recent exploration advances set the stage for pivotal assay results that could redefine its growth trajectory in WA’s gold provinces.
Questions in the middle?
- What will the pending assay results from Fremlins South and Jazz reveal about the scale and grade of mineralisation?
- How will the upcoming gravity survey at Venus influence the prioritisation of drilling targets beneath Lake Austin?
- What are the timelines and potential impacts of the Day Dawn Project’s tenement grant and heritage agreements on exploration activities?