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Hamelin Gold Limited ( (AU:HMG) ) has provided an announcement.
Hamelin Gold Limited reported significant progress in its exploration activities for the quarter ending December 31, 2024. The company identified a new zone of gold mineralization at the Jazz Ultrafine geochemical anomaly in the Tanami Province, with further drilling planned for 2025. In the Yilgarn Province, strong gold anomalism was detected at the Anderson project, and a tenement application was lodged for the Venus project. These developments are poised to enhance Hamelin Gold’s positioning in the gold mining industry, with implications for increased exploratory success and potential growth in shareholder value.
More about Hamelin Gold Limited
Hamelin Gold Limited is engaged in the exploration of gold in the prolific gold mining districts of the Tanami and Yilgarn provinces in Western Australia. The company focuses on discovering large-scale gold mineral systems using new technologies and modern exploration methodologies.
YTD Price Performance: 16.67%
Average Trading Volume: 153,504
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$9.96M
For a thorough assessment of HMG stock, go to TipRanks’ Stock Analysis page.
