Hamelin Gold Secures Day Dawn Licence and $180K Grant to Advance High-Grade Gold Drilling

Day Dawn Licence Unlocks High-Grade Gold Potential Near Telfer

Hamelin Gold Limited (ASX:HMG) has officially secured the Day Dawn exploration licence, E45/7078, located a mere 10 kilometres northwest of the +20 million ounce Telfer gold-copper mine in Western Australia's Paterson Province. This grant represents a pivotal step for Hamelin, providing access to a project with a history of high-grade gold mineralisation and a geological setting reminiscent of Telfer itself.

Targeted Drilling to Test Aurora Lode Extensions

The company is gearing up to launch a 3,000 metre reverse circulation (RC) drilling campaign aimed at confirming and extending the high-grade Aurora Lode, a discovery based on historical drill results that include standout intersections such as 3 metres at 51.1 g/t gold from 35 metres in hole NTR57 and 7 metres at 17.1 g/t gold from 16 metres in NTR61. These results underline the potential for near-surface, high-grade gold zones that remain open along strike and at depth.

Hamelin’s Managing Director Peter Bewick emphasised the significance of this milestone, noting the company’s focus on confirming the geometry and continuity of these lodes. The Aurora Lode's high-grade intersections, coupled with nearby prospects like Sparrows and Phoenix, position Day Dawn as a compelling exploration opportunity. The company’s strategy builds on its earlier identification of the Aurora Lode through a comprehensive reinterpretation of historical data, as detailed in the prior high-grade Aurora Lode discovery announcement.

Government Support Accelerates Deeper Drilling Plans

Adding momentum, Hamelin has secured a $180,000 co-funded diamond drilling grant from the Western Australian Government’s Exploration Incentive Scheme (EIS). This funding will underpin a deeper diamond drilling program targeting conceptual gold systems beneath the near-surface lodes, focusing on stratigraphic units analogous to those hosting mineralisation at Telfer.

The geological model for Day Dawn suggests mineralisation concentrated within a sub-vertical corridor adjacent to an antiformal dome, with the bulk of prospective host units yet to be tested at depth. The EIS-supported drilling aims to explore these deeper horizons, potentially unearthing a Telfer-style gold system that could significantly enhance the project’s value.

Drilling Timetable and Environmental Approvals

With environmental and heritage approvals lodged and expected to be processed in May, Hamelin plans to commence the initial RC drilling shortly thereafter. The first phase is slated for completion by June, with assay results anticipated in July or August 2026. These results will inform a second phase of RC drilling alongside the deeper diamond drilling program co-funded by the EIS grant.

This exploration push is part of a broader strategy outlined by Hamelin earlier in the year, supported by a strong cash position and multiple projects across Western Australia’s prolific gold provinces. The imminent drilling at Day Dawn complements other initiatives, including the multi-provincial drilling campaign with $3.1 million cash buffer that positions the company for an active exploration year.

Strategic Positioning in Western Australia’s Gold Provinces

Day Dawn’s location near Telfer places Hamelin in a highly prospective corridor within the Paterson Province, a region renowned for large-scale gold-copper deposits. Hamelin’s portfolio also spans the Tanami and Yilgarn provinces, where it applies modern undercover exploration technologies to underexplored terrains.

The company’s shareholder base, featuring established miners Gold Fields Limited (JSE/NYSE:GFI) and Vault Minerals Limited (ASX:VAU), lends further credibility and support to its exploration ambitions. As Hamelin advances its drilling programs, the market will be watching closely to see if Day Dawn can deliver on its high-grade promise and unlock a new chapter in the company’s growth story.