Hamelin Gold Limited advances exploration with fresh drilling and geophysical surveys in Western Australia’s Yilgarn, Tanami, and Paterson provinces, maintaining a solid cash position of AUD 3.6 million.
- Airborne magnetics and geochemical sampling underway at Venus Project
- Follow-up drilling confirms high-grade gold zones at Magellan and Fremlins South
- Jazz Prospect shows broad shallow gold mineralisation with further drilling planned
- Day Dawn Project tenement grant expected mid-2026 with drilling to follow
- Cash reserves steady at approximately AUD 3.6 million with exploration spend of AUD 0.7 million
Exploration Momentum Builds in WA’s Premier Gold Districts
Hamelin Gold Limited has reported steady progress across its portfolio of gold exploration projects in Western Australia for the quarter ending 31 December 2025. The company is actively pursuing new drill targets and leveraging modern geophysical and geochemical techniques in three prolific gold provinces – Yilgarn, Tanami, and Paterson.
At the heart of the Yilgarn Province, the Venus Project near Cue is a focal point. Hamelin has commissioned a detailed airborne magnetics and radiometric survey to refine structural interpretations and generate fresh drill targets beneath the largely unexplored Lake Austin sediments. Complementing this, soil sampling south of the Comet Gold Mine has successfully extended known gold-hosting geological sequences by 6 kilometres, highlighting the potential for significant discoveries in this underexplored terrain.
High-Grade Gold Prospects and Follow-Up Drilling
The Magellan prospect within Venus has emerged as a promising target following the compilation of historical data and recent drilling. Notably, aircore drilling intersected zones of gold mineralisation including a standout 5 metres at 2.95 grams per tonne gold, with a peak 1 metre interval grading 9.42 grams per tonne. However, previous diamond drilling appears to have inadequately tested the depth potential, prompting plans for a 3D geological interpretation to better define high-grade shoots before further drilling.
In the Tanami Province, the West Tanami Project continues to deliver encouraging results. At Fremlins South, follow-up aircore drilling has confirmed a gold anomalous corridor exceeding 400 metres in strike length, with grades above 1 gram per tonne gold. The company plans infill drilling to improve geological confidence and target deeper mineralisation. Meanwhile, the Jazz Prospect has revealed broad zones of shallow, low-grade gold mineralisation associated with granitoid contacts, consistent with a large hydrothermal system that could host higher-grade shoots. Further drilling is slated for mid-2026 to test structural extensions.
Paterson Province Entry and Financial Position
Hamelin’s expansion into the Paterson Province is marked by the pending grant of the Day Dawn Project tenement, located near the giant Telfer gold mine. The company anticipates tenement approval by April or May 2026, with initial drilling planned shortly thereafter, signalling a strategic move into one of Australia’s most prospective gold regions.
On the corporate front, Hamelin Gold reported cash reserves of approximately AUD 3.6 million at the end of December 2025, supporting ongoing exploration activities. The company incurred around AUD 0.7 million in exploration expenditure during the quarter, focused on its key projects. There were no mining development or production activities during this period. Additionally, Hamelin undertook securities adjustments, including the cancellation and issuance of options, and disclosed related party payments in line with governance standards.
Overall, Hamelin Gold is methodically advancing its exploration pipeline, combining innovative technologies with targeted drilling to unlock value across multiple gold provinces. The coming months promise further updates as drilling programs progress and new data emerges.
Bottom Line?
Hamelin Gold’s disciplined exploration and solid funding set the stage for potential breakthroughs in WA’s gold heartlands in 2026.
Questions in the middle?
- How will the upcoming 3D interpretation at Magellan influence drilling strategies and resource estimates?
- What are the timelines and expected outcomes for the Day Dawn Project’s tenement grant and initial drilling?
- Can the infill drilling at Fremlins South and Jazz Prospect delineate economically viable high-grade gold shoots?