Hamelin Gold (ASX:HMG) has begun a reverse circulation drilling program to test for bedrock gold mineralisation at the Ularring Project in Western Australia.
The program, which comprises 2,000m of drilling, will test for the mineralisation beneath a 500m long, untested gold anomaly that was generated using a CSIRO-developed Ultrafine analytical technique.
In February 2025, Hamelin reported a surface soil sampling program, completed in December 2024, returned results in excess of 10 parts per billion (ppb) and had defined the anomaly in an area where no previous drilling had been carried out.
Hamelin, which has a market capitalisation of $12.33 million, says the presence of gold in the area has been confirmed with a single surface sampling from a sub-cropping quartz vein, located proximal to the northwest of the defined gold anomaly, returning an assay of 7.9 grams per tonne gold.
The drilling program has been designed with tight drill spacing along drill sections to ensure an effective test of target zones.
A series of drill sections have also been planned across the core of the main geochemical anomaly, as well as numerous additional holes testing areas of anomalous gold outside of the main geochemical target.
The results from the reverse circulation drilling program are expected in May 2025.
The Ularring Gold Project, located 130km northwest of Kalgoorlie, covers a 4km long, under-explored segment of the Ida Fault Zone. The Ida Fault is associated with multiple gold deposits in the region including Riverina, Lady Gladys, Mulwarrie, and Davyhurst mining centre.
Write to Aaliyah Rogan at Mining.com.au
Images: Hamelin Gold
