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Hamelin Gold Limited ( (AU:HMG) ) just unveiled an announcement.
Hamelin Gold Limited has reported promising results from its orientation soil sampling program at the Anderson project in Wheatbelt, WA, using the Ultrafine® analytical technology. The program has identified new zones of gold anomalism, suggesting a bedrock gold source, and has led to the expansion of the project area. This development could enhance Hamelin’s position in the gold exploration industry by refining geochemical anomalies and prioritizing drill targets, potentially benefitting stakeholders by identifying valuable resources.
More about Hamelin Gold Limited
Hamelin Gold Limited is a company in the mining industry, focusing on the exploration and development of gold projects. The company’s operations include the use of innovative technologies to identify and explore gold anomalies, particularly in the Wheatbelt region of Western Australia.
YTD Price Performance: -1.56%
Average Trading Volume: 149,987
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$9.96M
See more data about HMG stock on TipRanks’ Stock Analysis page.