Hamelin Gold (ASX:HMG) has secured a co-funding grant up to $330,907 from the Western Australian Government’s Exploration Incentive Scheme (EIS) for the West Tanami Project in Western Australia.
At the Jazz gold prospect, part of the West Tanami Project, $180,000 will be put towards a combination of reverse circulation and diamond drilling.
The reverse circulation program, beginning in June 2025, will target mineralisation at depth and along strike of a more than 500m-long regolith gold anomaly defined by aircore drilling.
The remaining $150,907 will be put towards geophysics work to complete an airborne electromagnetic survey over the project.
Hamelin, which has a market capitalisation of $17.7 million, says the program will target conductors within the Hawkeye, Le Beau, and Schultz intrusions which are prospective for nickel, copper, and platinum group element mineralisation.
The program is scheduled to begin between July and August 2025.
Managing Director Peter Bewick says the EIS initiative is designed to promote and expedite exploration in greenfield regions.
“Applications for EIS co-funding are assessed through a highly competitive, independently moderated process and Hamelin is extremely pleased to have been successful for both a drilling and geophysics grant at our West Tanami Project,” Bewick says.
“The Tanami region of Western Australia is an underexplored mineral province that is highly prospective for large-scale gold and base metal deposits. The EIS co-funding will allow Hamelin to expand and accelerate our 2025 exploration programs.”
The West Tanami is a belt-scale gold project, covering 2,277km2, in an emerging gold province.
Hamelin Gold is a junior mineral explorer focused on discoveries in Western Australia.
Write to Aaliyah Rogan at Mining.com.au
Images: Hamelin Gold
