Hamelin Gold Secures $1.48M in Government Incentives

Hamelin Gold Limited (AU:HMG) has released an update.

Hamelin Gold Limited, an ASX-listed exploration company, has been granted up to $1.48 million in Junior Mineral Exploration Incentive (JMEI) tax credits from the Australian government, reinforcing its exploration endeavors in Australia’s gold-rich Tanami region. This financial incentive is designed to bolster investment in greenfields exploration, allowing tax losses to be distributed to qualifying investors. The company, backed by prominent gold miners and with significant landholdings, is poised for targeted exploration activities aimed at uncovering world-class mineral systems.

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