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Hamelin Gold Limited (ASX:HMG)

ALERT: Price-sensitive ASX Announcement for HMG
Current share price for HMG : $0.105 0.028 (36.36%)+
Announcement
Release
15 Oct 2025 8:24AM
Price at Release
$0.077
Full Release
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Summary
Hamelin Gold Limited has announced the granting of a key exploration licence for the Venus gold project, located in the Murchison gold district near Cue, Western Australia. This project is strategically positioned in an area known for significant gold production. The Venus Project includes two exploration licenses covering approximately 300 square kilometers, with drilling planned for early 2026. The company aims to conduct a heritage survey and secure necessary drilling equipment to explore high-quality targets identified through aeromagnetic data interpretation.
Key Points
  • Hamelin Gold Limited has been granted an exploration licence for the Venus gold project.
  • The project is located in the Murchison gold district near Cue, Western Australia.
  • The Venus Project consists of two exploration licenses covering about 300 square kilometers.
  • Initial drilling is planned for early 2026 after completing a heritage survey.
  • The project area is known for gold production, with high-quality drill targets identified.
  • Exploration focuses on undercover structural targets beneath Lake Austin.
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.