Hamelin Gold (ASX:HMG) has kicked off aircore drilling within its West Tanami Project in Western Australia, targeting new soil geochemical gold anomalies at the Sultan prospect.
A 40-hole, 3,000m drilling program will be completed over the next 2 weeks, testing the Western and Central gold anomalies at Sultan. Aircore drilling will be completed at 160m line spacing and 40m hole spacing.
This drilling is designed to test the area immediately below the defined gold anomalies for regolith and bedrock gold mineralisation.
Hamelin, which has a $13.23 million market capitalisation, says the anomalies being targeted were generated from the analysis of soil samples using the CSIRO-developed Ultrafine technology.
Sultan’s Western anomaly is a 1,000m-long coherent gold anomaly about 3km west of hole TSD0007. This anomaly is untested by previous drilling.
The Central anomaly at Sultan is 800m in strike extent and is also untested by previous drilling.
Commenting on the drill program, Hamelin Gold Managing Director Peter Bewick says: “Following the announcement of the identification of these exciting new gold targets in the West Tanami less than 3 weeks ago, we have been successful in securing a drilling rig and have commenced drilling.
The generation of these gold anomalies using the CSIRO-developed Ultrafine technology in an unexplored area, under sand cover, is an important development for the company.
“The drill testing of these targets at Sultan is the first validation of the Ultrafine technology in the West Tanami, and success in this drilling program would be a major milestone for the company”
The drill testing of these targets at Sultan is the first validation of the Ultrafine technology in the West Tanami, and success in this drilling program would be a major milestone for the company.”
Hamelin Gold is a gold exploration company based in Perth, Western Australia. The company has a landholding of 2,489km-square in the Tanami Gold Province.
As of 30 June 2023, Hamelin had $7.7 million cash reserves at hand, according to its latest quarterly report.
Write to Aaliyah Rogan at Mining.com.au
Images: Hamelin Gold