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Hamelin Gold Limited (ASX:HMG)

ALERT: Price-sensitive ASX Announcement for HMG
Current share price for HMG : $0.090 0.015 (20%)+
Announcement
Release
27 Jan 2026 8:23AM
Price at Release
$0.075
Full Release
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Summary
Hamelin Gold Limited announced the commencement of a detailed airborne aeromagnetic survey over the southern half of its Venus project in the Murchison gold district. This initiative is aimed at refining existing exploration targets and generating new ones. The Venus Gold Project, a key focus for Hamelin in 2026, covers approximately 300 km² and is strategically positioned in a highly prospective goldfield. A second phase of geochemical soil sampling is also planned to map extensions of geological sequences hosting gold mineralisation, with the aim of identifying zones of anomalous gold to define future drill targets. Historical exploration data has revealed high-grade gold mineralisation at the Magellan prospect, with notable drill intersections indicating significant potential.
Key Points
  • Commencement of a detailed airborne aeromagnetic survey at Venus project.
  • Venus project located in Murchison gold district, covering ~300 km².
  • High-grade gold mineralisation identified at Magellan prospect.
  • Second phase of geochemical soil sampling planned.
  • Compilation of historical exploration data highlights potential.
  • Project is a key focus for Hamelin in 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.