Recent Insider Transactions • Apr 29
Independent Non-Executive Director recently bought AU$58k worth of stock On the 27th of April, Philip Crutchfield bought around 521k shares on-market at roughly AU$0.11 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$99k more in shares than they have sold in the last 12 months. New Risk • Mar 10
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.7m free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 57% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (AU$29.7m market cap, or US$21.0m). New Risk • Feb 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 56% per year over the past 5 years. Revenue is less than US$1m (AU$2.7k revenue, or US$1.9k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (AU$15.1m market cap, or US$10.6m). Board Change • Jan 07
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director Justin Osborne was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Oct 28
Hamelin Gold Limited, Annual General Meeting, Nov 27, 2025 Hamelin Gold Limited, Annual General Meeting, Nov 27, 2025. Location: at the ebell room, trinity on hampden, 230 hampden road, crawley, wa 6009, Australia New Risk • Sep 30
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.1m free cash flow). Earnings have declined by 56% per year over the past 5 years. Revenue is less than US$1m (AU$187k revenue, or US$124k). Market cap is less than US$10m (AU$12.1m market cap, or US$7.99m). Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding). New Risk • Sep 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 48% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$12.7m market cap, or US$8.31m). Minor Risks Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Shareholders have been diluted in the past year (26% increase in shares outstanding). New Risk • Jul 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 48% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$12.5m market cap, or US$8.17m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (26% increase in shares outstanding). Annonce • Jun 21
Hamelin Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 2.81425 million. Hamelin Gold Limited has completed a Follow-on Equity Offering in the amount of AUD 2.81425 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 27,142,500
Price\Range: AUD 0.07
Discount Per Security: AUD 0.0035
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,428,571
Price\Range: AUD 0.07
Discount Per Security: AUD 0.0035
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 11,632,500
Price\Range: AUD 0.07
Discount Per Security: AUD 0.0049
Transaction Features: Subsequent Direct Listing Annonce • Apr 08
Hamelin Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 2.81425 million. Hamelin Gold Limited has filed a Follow-on Equity Offering in the amount of AUD 2.81425 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 27,142,500
Price\Range: AUD 0.07
Discount Per Security: AUD 0.0035
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,428,571
Price\Range: AUD 0.07
Discount Per Security: AUD 0.0035
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 11,632,500
Price\Range: AUD 0.07
Discount Per Security: AUD 0.0049
Transaction Features: Subsequent Direct Listing New Risk • Feb 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 30% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (AU$8.70m market cap, or US$5.46m). Annonce • Sep 27
Hamelin Gold Limited, Annual General Meeting, Nov 29, 2024 Hamelin Gold Limited, Annual General Meeting, Nov 29, 2024. New Risk • Sep 25
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -AU$3.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$3.9m free cash flow). Share price has been highly volatile over the past 3 months (20% average weekly change). Earnings have declined by 30% per year over the past 5 years. Revenue is less than US$1m (AU$319k revenue, or US$219k). Market cap is less than US$10m (AU$10.1m market cap, or US$6.94m). New Risk • Sep 10
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 34% per year over the past 5 years. Revenue is less than US$1m (AU$955 revenue, or US$636). Market cap is less than US$10m (AU$11.8m market cap, or US$7.87m). Minor Risk Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). New Risk • Aug 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Australian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 34% per year over the past 5 years. Revenue is less than US$1m (AU$955 revenue, or US$643). Minor Risk Market cap is less than US$100m (AU$19.7m market cap, or US$13.2m). Annonce • Oct 23
Hamelin Gold Limited, Annual General Meeting, Nov 24, 2023 Hamelin Gold Limited, Annual General Meeting, Nov 24, 2023, at 12:00 W. Australia Standard Time. Location: The Epworth Room, Trinity on Hampden 230 Hampden Road, Crawley Western Australia Australia Agenda: To consider Discussion of Financial Statements and Reports;to consider Adoption of the Remuneration Report;to consider Re-election of Director;to consider Approval of Additional 10% Placement Capacity;to consider Adoption of Employee Share and Option Plan and to consider other matters. New Risk • Aug 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (AU$28k revenue, or US$18k). Market cap is less than US$10m (AU$14.2m market cap, or US$9.09m). Minor Risks Less than 1 year of cash runway based on current free cash flow (-AU$4.7m). Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (43% increase in shares outstanding). Annonce • May 27
Hamelin Gold Limited, Annual General Meeting, Jun 27, 2023 Hamelin Gold Limited, Annual General Meeting, Jun 27, 2023, at 08:30 W. Australia Standard Time. Location: Suite 2, 1 Alvan Street Subiaco Western Australia Australia Agenda: To approve ratification of prior issue of placement shares; to approve issue of placement shares; to approve director to participate in placement; to approve for issue of options to related party; and to consider other matters. Annonce • Jan 10
Hamelin Gold Limited Announces Successful Maiden Exploration Program in the West Tanami Hamelin Gold Limited provide a summary of a successful first year of field activities completed by the Company in the West Tanami Gold Project, Western Australia. During the 2022 field season 10 diamond drill holes were completed across six separate prospects with five of these prospects being subject to diamond drilling for the first time. A total of 4,117 metres of diamond drilling was completed with EIS co-funding support from the WA Government via three separate grants. The programs recorded significant highlights such as: High grade gold mineralisation discovered at the Sultan Prospect in a single hole program of 7.6 metres at 3.2 g/t Au from 326.2 metres including 1.1 metres at 15.9 g/t Au from 329.7 metres. Wide zone of gold mineralisation with high grade veins identified at the Camel Prospect. Confirmed gold mineralisation associated with significant pyrrhotite alteration at Bandicoot, Broad depth-extensive gold mineralisation on the western limb of an untested antiform fold axis at Fremlins. Mojave Prospect New Results: Assay results have been received from two diamond drill holes, TSD0003 and TSD0004, that were designed to test the intersection of an east-southeast trending gold corridor and an interpreted east-northeast cross cutting structure at the Mojave prospect. The holes were drilled 750 metres east of a single line of deep RC drilling completed in 2019 that intersected broad zones of gold mineralisation within a folded sequence of sediments and dolerite. Hole TSD0003 intersected a 40 metre zone of the targeted prospective dolerite unit and contained anomalous gold, with grades up to 1.3g/t Au in narrow intervals in an 125 metre wide zone from 204 to 330 metres. TSD0004 contained only minor unmineralised dolerite units. Accordingly, future drilling will target the fold axis to the north and west of TSD0003 where gold mineralising fluids could be focused and the doleritic units have potential to be structurally thickened. Annonce • Dec 24
Hamelin Gold Limited Provide Results from the EIS Co-Funded Diamond Drill Programs Completed Through 2022 At the Fremlins, Bandicoot and Quenda Prospects in the West Tanami Gold Project, Western Australia Hamelin Gold Limited provided results from the EIS co-funded diamond drill programs completed through 2022 at the Fremlins, Bandicoot and Quenda prospects in the West Tanami Gold Project, Western Australia. Broad depth-extensive gold system identified at Fremlins with priority drill targets defined for the 2023 field season Gold mineralisation identified at the Bandicoot prospect associated with pyrrhotite alteration event and EIS Co-funded diamond drilling program delivers new geological understandings in the under explored Tanami region of Western Australia. The Fremlins gold prospect is located 8 kilometres south of the Coyote Gold Mine. Previous drilling at the Fremlins prospect is dominated by shallow RAB, vacuum and RC drilling, with only one hole drilled deeper than 110 metres from surface. Historical drilling defined two parallel gold trends over 6 kilometres in strike with mineralisation interpreted to be focused along the axis of two tightly folded antiforms. High grade gold lodes within sediment hosted gold systems in the Tanami and other orogenic gold provinces, are often best developed adjacent and parallel to antiformal fold axes. Bandicoot and Quenda Prospects: Drilling was designed to test for the source of the enhanced magnetic anomalism seen at both prospects. Several gold systems within the Tanami region are associated with elevated magnetic signatures interpreted to be associated with hydrothermal alteration of the host rocks by gold mineralising fluids. Annonce • Dec 12
Hamelin Gold Limited Announces New High-Grade Gold Discovery in the West Tanami Hamelin Gold Limited announced the discovery of high grade gold mineralisation in the first diamond drill hole at the Sultan prospect in the West Tanami Gold Project, Western Australia. Background: Previous exploration in the northwest portion of the West Tanami Project focused along the 4km long Northern Gold Anomaly at the Afghan gold prospect ("Afghan"). Drilling along this east-northeast trending anomaly defined broad zones of near surface gold mineralisation including: 10 metres @ 1.4 g/t Au from 4 metres in AFG002; 23 metres @ 0.85 g/t Au from 43 metres in ACR013; 10 metres @ 0.42 g/t Au from 116 metres in AFG008 and 16 metres @ 0.59 g/t Au from 33 metres in TRB0513. Gold mineralisation at Afghan is interpreted to be located along the axis of a major antiformal fold. The southern limb of the fold hosts the two Southern Gold Anomalies, located to the north of a large granite intrusion. Previous drilling along the southern limb is limited to broad spaced RAB drilling generally less than 10 metres deep, and a few isolated sections of RC drilling to depths of 50 to 100 metres from surface. EIS Co-funded Diamond Drilling: A single diamond drill hole, TSD0007, was designed to test for a bedrock gold source beneath the western end of the two surface gold anomalies along the southern limb of the Afghan antiform, and to provide information on the geological and structural architecture in this underexplored region. This hole was co-funded through the WA Government EIS program. Diamond drill hole TSD0007 collared in coarse clastic sediments before intersecting zones of faulting and brecciation, and zones of quartz veining and granitoid intrusives. High grade gold mineralisation has been discovered at the contact between a granitoid intrusion and a package of sediments and mafic rocks. Gold mineralisation is hosted within a series of brecciated and deformed quartz veins with best results including: 7.6 metres at 3.2 g/t Au from 326.2 metres including 1.1 metres at 15.9 g/t Au from 329.7 metres. The mineralised quartz veins intersected in TSD0007 represent a new zone of high grade gold mineralisation along a geological contact not targeted by previous explorers. The mineralisation at Sultan is open along strike and up and down dip. The mineralised veins strike towards the east-northeast and dip steeply to the north. The discovery of high grade gold in TSD0007 further validates Hamelin's exploration strategy and confirms Company's belief that systematic exploration of the belt scale West Tanami Project has the potential to deliver high grade gold discoveries in areas of ineffective historic shallow drilling. Next Steps: A major drill program is being designed for the West Tanami Project in 2023. The Sultan prospect is now being included as a high priority target and drilling here will initially test the area immediately along strike and up dip of the high grade gold intersected in TSD0007. Additional drilling is also planned to test the granite contact to the west-southwest of Sultan. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Justin Osborne was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Oct 31
Hamelin Gold Limited Announces Drilling High Grade Gold Targets At Hutchs Find and Camel Hamelin Gold Limited announce the re- commencement of RC drilling at the Hutch's Find and Camel prospects in the West Tanami Gold Project, Western Australia. The Hutch's Find gold prospect ("Hutch's") is defined by a 2.5-kilometre-long regolith gold anomaly located 22 kilometres southwest of the Coyote Gold Mine. Historical exploration at the prospect is dominated by shallow RAB, aircore and RC drilling with very few localised deeper RC and diamond holes and a single wide spaced RC program completed in 2019. Hamelin recently completed an orientation program of RC drilling to provide key geological and geochemical information on the nature of the regolith and basement geology at Hutch's. A single east-west line of RC holes was drilled over the eastern edge of the 2.5 kilometre long gold anomaly at Hutch's. The western five holes in the line were drilled at 100 metre spacing with the remaining holes on the line spaced at 200 metre increments to the east. The five western holes centred on an area where historical drilling had previously intersected high grade gold mineralisation, with a best intercept recorded of 10 metres at 5.4 g/t from 123 metres (HFDD0004). Shallow, high grade gold mineralisation has been intersected in the western most hole drilled in the program returning: 12m at 4.50 g/t Au from 6m in TLR0001 including 6 metres at 8.10 g/t Au from 8 metres, and 2 metres at 1.45 g/t Au from 16 metres. RC hole TLR0001 was collared 200 metres west of HFDD0004 and is interpreted to have intersected a new, potentially steep dipping mineralised structure. The area immediately around TLR0001 was previously only drilled by 12 metre deep, 40 metre by 40 metre spaced vertical RAB holes. The historical RAB drilling outlined a subtle, discontinuous, northeast trending, 20 to 40 ppb gold anomaly beneath 4m of transported sand cover. The discovery of high grade gold in TLR0001 and historical hole HFDD0004 indicates a potentially developing high grade gold system at Hutch's Find. These results confirm Hamelin's belief that the systematic exploration of the belt scale West Tanami Project has the potential to deliver high grade gold discoveries in areas of previously ineffective shallow drilling. Annonce • Oct 28
Hamelin Gold Limited, Annual General Meeting, Nov 29, 2022 Hamelin Gold Limited, Annual General Meeting, Nov 29, 2022, at 14:00 W. Australia Standard Time. Location: The Epworth Room, Trinity on Hampden, 230 Hampden Road Crawley Western Australia Australia Agenda: To consider adoption of the remuneration report; to consider re-election of director; to consider approval of additional 10% placement capacity; to consider approval of the grant of options in lieu of director fees to director; and to transact other business. Annonce • Oct 10
Hamelin Gold Limited Provides Results from RC Drill Program Completes at Hutch's Find Prospect in West Tanami Gold Project, Western Australia Hamelin Gold Limited provided results from an RC drill program completed at the Hutch's Find prospect in the West Tanami Gold Project, Western Australia. RC Drilling: A single east-west drill line was completed by Hamelin over the eastern edge of the two and a half kilometre long gold anomaly defining the Hutch's Find gold prospect. The western five holes in the line were drilled at 100 metre spacing with the remaining holes on the line spaced at 200 metre increments to the east. The five western holes centred on an area where historical drilling had previously intersected high grade gold mineralisation, with a best intercept recorded of 10 metres at 5.4 g/t from 123 metres (HFDD0004). Shallow, high grade gold mineralisation has been intersected in the first and western most hole drilled in the program returning: 12m at 4.50 g/t Au from 6m in TLR0001 including 6 metres at 8.10 g/t Au from 8 metres, and 2 metres at 1.45 g/t Au from 16 metres. RC hole TLR0001 was collared 200 metres west of HFDD0004 and is interpreted to have intersected a new, potentially steeply dipping mineralised structure. The area immediately around TLR0001 was previously only drilled by 12 metre deep, 40 metre by 40 metre spaced vertical RAB holes. The historic RAB drilling outlined a subtle, discontinuous, northeast trending, 20 to 40 ppb gold anomaly beneath 4m of transported sand cover. The discovery of high grade gold in TLR0001 and historical hole HFDD0004 indicates a potentially developing high grade gold system at Hutch's Find. These results confirm Hamelin's belief that the systematic exploration of the belt scale West Tanami Project has the potential to deliver high grade gold discoveries in areas of ineffective shallow drilling. Next Steps: A 2,000m RC drilling program is due to commence follow-up drilling at the Camel Prospect in late October 2022. This program has been expanded to include follow up drilling to test potential extensions of the high grade gold mineralisation drilled in TLR0001. Annonce • Oct 07
Hamelin Gold Limited Announces Priority Drill Targets Defined At Camel Gold Prospect Hamelin Gold Limited announced to provide initial results from the EIS co-funded diamond drilling and the ultra-detailed airborne magnetic survey completed at the Camel prospect in the West Tanami Gold Project, Western Australia. Background: The Camel gold prospect ("Camel") is defined by a two kilometre long gold and arsenic regolith anomaly located 40 kilometres west of the Coyote Gold Mine. Previous drilling at the prospect is dominated by shallow RAB and RC holes with only five holes drilled deeper than 120 metres across the prospect. Hamelin recently completed a single orientation drill traverse across Camel to assist with the interpretation of the structural and geological architecture of the prospect. Initial results from the RC and diamond drilling have confirmed the emergence of a well mineralised, depth extensive gold system at Camel. Diamond Drilling: Assay results from EIS co-funded diamond drill hole TSD0005 confirm the presence of an array of high grade gold veins within a broad zone of lower grade gold mineralisation at Camel. Gold anomalism is seen throughout the hole, as shown in Table 1, and is further evidence of a depth extensive gold system. The orientation of higher grade veins observed in TSD0005 is predominantly to the north west. This trend is coincident with a 600 metre long corridor of sparce drilling where high grade surface rock chip samples were recently mapped by Hamelin. Waterbore Drilling Results: A series of RC holes were drilled in the Camel area in the search for groundwater to support diamond drilling operations. These holes were not designed to test for gold mineralisation but were routinely analysed for gold and pathfinder elements. Analytical results from waterbore TSR0009 drilled 140m to the north north west of TSD0005 included; 10 metres at 0.78 g/t Au from 28 metres and 3 meters at 1.52 g/t Au from 76 metres to end of hole Waterbore hole TSR0009 is located within the north west trending gold corridor and adds another key data point within this well mineralised and under explored zone. Ultra-detailed Airborne Magnetics: Data from the recent ultra-detailed airborne magnetics and radiometrics survey has been received and preliminary processing has been completed. The 35 metre flight line spaced survey has provided a significant enhancement to the magnetic imagery over the Camel region. Finer structural features, particularly within the areas of low magnetic intensity, has allow for a more detailed structural interpretation of the area. A series of subtle antiformal folds can now been seen coincident with the Newkirk geochemical anomaly and has significant upgraded the quality of this target. The Newkirk prospect is located 1.8km north east of Camel and is defined as a 10-58ppb gold in LAG anomaly in an area of thin sand cover. Shallow (3-6 metre) vacuum and auger drilling completed across Newkirk is interpreted as not penetrating through the cover sediments and is therefore considered an ineffective test of the large geochemical anomaly. A program of RC drilling through to fresh rock is now planned to confirm the nature of the regolith sequence and to test for bedrock gold mineralisation. Next Steps: A 2000 metre RC drilling program is due to commence at the Camel prospect in late October 2022. This program will target the area to the north west of diamond hole TSD0005 along the defined 600m long Target Zone. First pass RC drilling will also be completed at the Newkirk prospect. Results from this program will be reported in early 2023. Annonce • Aug 15
Hamelin Gold Limited Announces the Commencement of Diamond Drilling At the Fremlins Gold Prospect, West Tanami Gold Project in Western Australia Hamelin Gold Limited announced the commencement of diamond drilling at the Fremlins gold prospect within the Company's 100% owned West Tanami Gold Project in Western Australia. Previous drilling at the Fremlins prospect is dominated by shallow RAB, vacuum and RC drilling, with no holes deeper than 115m from surface and no diamond drilling. The historical shallow drill programs defined two parallel gold trends over 6km in strike with mineralisation interpreted to be focused along the axis of two tightly folded antiforms . The drilling returned broad zones of lower grade mineralisation with mineralisation occurring to the end of several holes. The Fremlins prospect displays the footprint of a major gold system with higher grade mineralisation interpreted by Hamelin to occur at structural intersections and flexures in key structures. Planned diamond drilling is designed to confirm the geological and structural interpretation at Fremlins as well as testing key structural positions for high grade gold mineralisation. Three diamond holes are planned for a total of 1,200m. Two holes will test the axis of the western antiform and the third hole will test the axis of the eastern antiform . The three planned holes are located in the central and southern half of the prospect where the folded mafic and sedimentary units are offset by a major regional scale structure. The diamond drill program will be completed in early September with assay results expected in November 2022. Annonce • Aug 08
Hamelin Gold Limited Advises of the Return of High Grade Gold Assay Results from an Initial Program of Surface Sampling of Outcropping Quartz Veins and Ironstones At the Camel Prospect in the West Tanami Gold Project, Western Australia Hamelin Gold Limited advised of the return of high grade gold assay results from an initial program of surface sampling of outcropping quartz veins and ironstones at the Camel prospect in the West Tanami Gold Project, Western Australia. The Camel gold prospect ("Camel") is defined by a two kilometre long gold and arsenic regolith anomaly located 40 kilometres west of the Coyote Gold Mine. Previous drilling at the prospect is dominated by shallow RAB and RC holes with only five holes drilled deeper than 120 metres across the prospect. Hamelin recently completed a single drill traverse across Camel to assist with the interpretation of the structural and geological architecture of the prospect. Initial results returned from RC drilling and geological observations from diamond drilling have confirmed a well mineralised, depth extensive gold system at Camel. Results from EIS co-funded diamond drilling at Camel expected in September 2022. Low lying hills dominate the topography at the Camel prospect. A drone was deployed to collect detailed aerial photography over the central part of Camel to assist with geological mapping of the region. This program identified numerous sets of outcropping and sub-cropping quartz veins and areas of linear ironstone outcrops that can be traced continuously for 50-100m of strike before they either terminate or are concealed by thin cover. A program of rock chip sampling of the mapped veins and ironstone units was conducted. Assay results from this program confirmed high grade gold mineralisation in numerous veins and ironstones of various orientations and styles over an area in excess of 400m of strike. Annonce • Jul 28
Hamelin Gold Limited Announces Drilling Update - Camel and Fremlins Gold Prospects Hamelin Gold Limited provided an update on the exploration program at the Camel and Fremlins prospects within the West Tanami Gold Project in Western Australia. Camel Prospect: The Camel gold prospect ("Camel") is defined by a two kilometre long gold and arsenic regolith anomaly located 40 kilometres west of the Coyote Gold Mine. Previous drilling at the prospect is dominated byshallow RAB and RC holes with only five holes drilled deeper than 120 metres across the prospect. Asingle north-south line of RC and diamond drilling was completed at the Camel prospect in June 2022.RC Drilling: The four RC holes, TSR0002 to TSR0005, were drilled at 100 metre spacing to the north of diamond holeTSD0005 (Figure 2). Drill hole TSR0002 intersected the targeted host dolerite unit while the three holesto the north (TSR0003, 4 and 5) all remained in sedimentary stratigraphy. Assay results from holesTSR0002 to TSR0004 have been received with TSR0002 showing a broad zone of gold mineralisationfrom 18 metres to end of hole. This mineralised zone occurs predominantly within fresh rock and indicatespotential for a significant depth extensive gold system. The drilling also confirms better mineralisation atCamel is likely hosted within dolerite units rather than the neighbouring sediments. Future drilling at theCamel prospect will target the dolerite host unit at the axis of interpreted antiformal fold hinges consideredto be a prime structural position for development of high-grade gold shoots in the Tanami district.Diamond Drilling: The EIS co-funded diamond drill holes at Camel were designed to determine the orientation, extent andfrequency of mineralised quartz vein arrays mapped at surface, and to outline the geological architectureof the prospect. The RC drilling described above complemented the diamond drilling to confirm the extentof the mafic host sequence and provide key data on the nature and extent of gold anomalism within theregolith.In diamond hole TSD0005 several zones of laminated and brecciated quartz veining have been observedthroughout the dolerite host, with an increased frequency of veins approximately 120 and 150 metresdownhole (see Figures 3 & 4). Multiple generations of veining occur within the dolerite with both laminatedand brecciated vein margins identified. Quartz veining is commonly associated with finely disseminatedsulphides and occasional coarser sulphide blebs and disseminations. Sulphides are predominantly pyritewith lesser arsenopyrite in the upper part of the hole, becoming pyrrhotite dominant at depth. A seconddiamond hole, TSD0006, drilled 100 metres south of TSD0005, did not intersect the dolerite host unit,constraining the northerly dip and extent of the folded host sequence. First assays results from thediamond drill holes are expected to be reported in the September 2022 quarter.Detailed Aeromagnetic Survey:= Reprocessing of 100 metre flight line aeromagnetics has highlighted the folded and re-folded nature ofthe magnetically anomalous doleritic unit(s) at Camel (see Figure 1). A higher resolution, 35 metre flightline survey is planned for August 2022 to enable detailed interpretation of the host stratigraphy andpotentially outline the orientation of small-scale structural offsets that may be controlling high grade goldmineralisation.Assays and structural information from the recently completed diamond drilling along with interpretationof the upcoming detailed aeromagnetic survey will direct our follow up drilling planned for later this year.FremlinsA heritage survey over the Fremlins prospect was completed in July 2022 and site preparations for theupcoming diamond drilling program will commence shortly.Previous drilling at the Fremlins prospect is dominated by shallow RAB, vacuum and RC drilling, withonly one hole drilled deeper than 110m from surface and no diamond drilling. Historical drilling hasdefined two parallel gold trends over six kilometres in strike with mineralisation interpreted to be focusedalong the axis of two tightly folded antiforms.The Fremlins prospect displays the footprint of a major gold system with higher grade mineralisationinterpreted by Hamelin to occur at structural intersections and flexures in key structures. Planneddiamond drilling is designed to confirm the interpreted geological and structural interpretation as well astest sites for high grade gold mineralisation at key structural locations.This EIS co-funded diamond drilling program scheduled to commence in August 2022 will be the firstdiamond drilling ever completed at the Fremlins prospect.Following acquisition and interpretation of historic detailed aeromagnetic data, a series of high grade goldtargets have been identified along the defined gold trends based on structural models, as well as anumber of untested gold targets within the immediate vicinity of Fremlins. These new targets will beassessed and follow up geochemical and/or drilling programs designed. Annonce • Jun 14
Hamelin Gold Limited Provides Update on West Tanami Gold Project Hamelin Gold Limited provided an update on the exploration program currently in progress at the West Tanami Gold Project in Western Australia. The Camel gold prospect is defined by a 2km long gold and arsenic regolith anomaly. Previous drilling at the prospect is dominated by shallow RAB and RC holes with only five holes drilled deeper than 120m across the prospect. The EIS co-funded diamond drilling program at Camel was designed to determine the orientation, extent and frequency of the mineralised quartz vein arrays recently mapped at surface and to outline the geological architecture of the prospect. The first hole in this program, TSD0005, was recently completed to a depth of 365.9 metres. Numerous zones of laminated and brecciated quartz veining were noted throughout the dolerite host rock with more extensive veining noted at approximately 120 and 150 metres downhole. The quartz veining is commonly associated with finely disseminated sulphides and occasional coarser sulphide blebs and disseminations. Sulphides are predominantly pyrite with lesser arsenopyrite in the upper part of the hole and become more pyrrhotite dominant at depth. The style of quartz veining noted in TSD0005 appears similar in nature to that observed in CMDD002 drilled by Tanami Gold NL in 2010, 200 metres to the north of TSD0005. Drillhole CMDD002, one of only two diamond holes previously drilled at Camel, returned an interval of 7.25m @ 3.09g/t Au from 94.75m including 0.45m @ 11.45g/t Au1. A second hole is currently being drilled at Camel. TSD0006 has been collar 100 metres south of TSD0005 and is targeting the down dip extensions of the zones of veining seen in TSD0005. The drill core from Camel will be logged on site before being transported to Perth for cutting and sampling. Assays results from these holes are expected to be reported on in the September 2022 quarter. Low lying hills dominate the topography at the Camel prospect. A drone has been deployed to collect detailed aerial photography over the central part of the Camel prospect to assist in the identification and mapping of the various sets of outcropping quartz veins. Many previously unsampled quartz veins have been discovered and mapped at Camel utilizing the drone photography which has significantly extended the footprint of the potentially mineralised area. A program of rock chip sampling of both the previously known and newly discovered quartz veins has been completed to determine which vein sets might be gold bearing. The results from this initial surface sampling program are expected in late July 2022. Further surface sampling at Camel will be contemplated once results from the initial program have been received. Based on the success of the drone program at Camel additional surveys will be completed over other priority West Tanami prospects. The EIS co-funded diamond drilling program at the Bandicoot and Quenda prospects has been completed. Drilling was designed to test for the source of the enhanced magnetic anomalism seen at both prospects. Several gold systems within the Tanami region are associated with elevated magnetic signatures interpreted to be associated with hydrothermal alteration of the host rocks by gold mineralising fluids. A single diamond drill hole, TSD0002, was drilled at the Quenda prospect to test for the source of a 2km long north south trending magnetic anomaly. The top of the source of the sub vertical anomaly was modelled at a depth of 180 metres from surface. The drill hole intersected several zones of hydrothermal alteration with associated quartz veining within a sequence of course grained greywackes and finer siltstone /sandstone interbeds. The quartz veining is associated with disseminated sulphides and narrow zones of semi-massive pyrrhotite. It is interpreted that the semi-massive pyrrhotite zones are the primary source of the magnetic anomalism at Quenda. The identification of an extensive, sometimes intense, hydrothermal alteration system at Quenda is considered a positive result. Sampling and analysis of the zones of sulphide bearing quartz veins will be required to determine if the hydrothermal event observed at Quenda has associated gold ineralisation. Annonce • May 16
Hamelin Gold Limited Announces the Commencement of the Company's Maiden Drilling Program At the West Tanami Gold Project in Western Australia Hamelin Gold Limited announced the commencement of the Company's maiden drilling program at the West Tanami Gold Project in Western Australia. Highlights: Hamelin's maiden drilling program at the West Tanami Gold Project has commenced; One diamond rig and one RC rig on site for major program testing a suite of targets across the project; Diamond drilling program of 3,800 metres to test the Mojave, Bandicoot, Quenda, Camel, Afghan and Fremlins prospects; RC program totalling 3,500 metres targeting Camel, Hutch's Find and Fremlins prospects; Diamond drilling to be supported by WA Government EIS co-funded grants totalling up to AUD 510,000. Diamond and RC Drilling Programs: A 3,800 metre diamond drilling program has commenced at the West Tanami Project. Drilling is planned for the Mojave, Bandicoot, Quenda, Camel, Afghan and Fremlins prospects. The program will be co- funded through three separate WA Government EIS grants totalling up to $510,000. The priorities for this program are to: Confirm the structural architecture and geology at these key prospects; Explain previous untested magnetic anomalies at Bandicoot and Quenda; and Discover extensions to high grade gold mineralisation at Camel, Fremlins and Afghan. In addition RC drilling programs will be conducted at the Camel, Hutch's Find and Fremlins prospects. A total of 3,500 metres of RC drilling has been designed to discover extensions of near surface gold mineralisation and test areas of previous ineffective drilling. Annonce • May 04
Hamelin Gold Limited Awards Two Co-Funded EIS Drilling Grants for Diamond Drilling At the Fremlins, Camel and Afghan Prospects Within the West Tanami Gold Project in Western Australia Hamelin Gold Limited has been awarded two co-funded EIS drilling grants for diamond drilling at the Fremlins, Camel and Afghan prospects within the West Tanami Gold Project in Western Australia. Highlights: Two co-funded drilling grants totaling up to $360,000 received under the WA Government's Exploration Incentive Scheme ("EIS"). Grants will co-fund diamond drilling programs at Fremlins, Camel and Afghan gold prospects in the West Tanami. Initial 2022 drill program in the West Tanami expanded from 2,500 metres to 3,800 metres of diamond drilling commencing in the current quarter. Diamond drilling program expected to be completed by late July with assay results to be reported in the September 2022 Quarter. The Fremlins gold prospect is located 8km south of the Coyote Gold Mine. A series of shallow drill programs conducted by previous explorers at Fremlins outlined gold anomalism over 6km of strike and defined two sub parallel, north south trending gold corridors with intersections including1: 22 metres at 0.6g/t Au from 45 metres to end of hole ("EOH") including 6 metres at 1.71g/t Au from 57 metres in FRAR011. 30m metres at 0.3g/t Au from 9m including 1 metre at 5.72g/t Au from 12 metres in FRAR058. 80m metres at 0.2 g/t Au from 52 metres to EOH in FRRC012 Several zones of anomalous gold at Fremlins are open along strike and at depth with nine holes ending in mineralisation greater than 0.1g/t Au. Previous drilling at the prospect does not extend below 100 metres from surface and no drilling has been conducted at Fremlins since 2012. The two gold corridors can be seen within the new detailed aeromagnetic images to trend parallel to the interpreted axis of the tightly folded antiform. The Fremlins Antiform appears to deflect from a NNE trend to a NS trend as it is dragged into the fault corridor. The interpreted structural architecture at Fremlins is broadly analogous to the structural setting of Newmont's +14Moz Callie Gold deposit located 100km to the ESE of the West Tanami project. The extensive near surface gold anomalism at Fremlins is similar in scale and tenor to near surface anomalies seen over several large scale (+1Moz) gold systems within the Tanami region. The EIS co- funded diamond drilling program will be designed to confirm the geological interpretation and local stratigraphy, identify the source of the magnetic anomalism and potentially determine the nature and orientation of the mineralising structures. The Camel gold prospect is located 45km WSW of the Coyote Gold Mine to the south of the major Trans Tanami Orogen ("TTO") and adjacent to a major regional gravity anomaly. Previous near surface drilling outlined a +2km long gold and arsenic anomaly within the regolith. A limited number of RC traverses have been drilled at the prospect to a depth of approximately 100m which defined strike continuity of the gold and arsenic anomalism. The last drilling conducted at the prospect was by Tanami Gold NL and included a two hole diamond drill program in 2010 with both holes intersecting bedrock gold anomalism including1: 7.25 metres at 3.1g/t Au from 94.75 metres in CMDD0002 Drill hole CMDD0002 contained an array of narrow gold bearing quartz veins with individual assays up to 17.5 g/t gold. This style of mineralisation is typical `Tanami style' gold mineralisation as seen in a number of the deposits in the Northern Territory. Detailed drone aerial photography has recently been acquired over the core of the Camel prospect following the re-establishment of access into the area. Surface conditions at Camel vary from low undulating hills to areas of complete sand cover. Short strike length quartz vein arrays can be seen in the photography to be outcropping across the prospect with three main vein orientations identified. A dominant NW set, a common NNW set and a less common NS set. The orientated mineralised veins intersected in the historic diamond holes at Camel appear to be part of the NW striking vein set. Historical rock chip sampling of these outcropping veins is extremely sparse to non-existent and a program of systematic sampling and mapping is planned over the coming weeks to determine which of these vein sets is gold bearing. The final design of a planned two hole EIS co-funded drilling program will be completed following the surface sampling and mapping program. The Afghan prospect is defined as a +4km long, ENE trending corridor of near surface gold anomalism (Au >100ppb) coincident with a major gravity gradient within the TTO. The geology of the prospect is poorly constrained with the entire prospect area being under sand cover. There has been limited deeper drilling at Afghan with no previous diamond drilling completed at the prospect. The only test below 100m depth at Afghan is eight RC holes drilled by previous JV partner Newcrest in 2019. In order to effectively target high grade gold shoots within the broader near surface anomaly it is essential to understand the relationship between the bedrock geology and the mineralised vein arrays. As part of the EIS program two, orientated diamond drill holes are planned for Afghan as a scissor pair to determine the nature and orientation of the geological contacts and potential gold bearing structures. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Justin Osborne was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annonce • Mar 02
Hamelin Gold Limited Announces the Definition of Three New Gold Targets at the West Tanami Gold Project in Western Australia Hamelin Gold Limited announced the definition of three new gold targets at the West Tanami Gold Project in Western Australia. Fremlins: The Fremlins gold prospect is located 8km south of the Coyote Gold Mine that is owned by Northern Star Resources Limited and currently under care and maintenance. A series of shallow drill programs by previous explorers at Fremlins outlined gold anomalism over 6km of strike and defined two sub parallel, north south trending gold corridors with intersections including: 22m @ 0.6g/t Au from 45m to EOH incl. 6m@ 1.71g/t Au from 57m in FRAR011;30m @ 0.3g/t Au from 9m incl. 1m @ 5.72g/t Au from 12m in FRAR058; and 80m @ 0.2 g/t Au from 52m to EOH in FRRC012. Several zones of anomalous gold at Fremlins are open along strike and at depth with nine holes ending in mineralisation greater than 0.1g/t Au. Previous drilling at the prospect does not extend below 100m from surface and no drilling has been conducted at Fremlins since 2012.The two gold corridors can be seen within the new detailed aeromagnetic images to trend parallel to theinterpreted axis of the tightly folded antiform. The Fremlins antiform appears to deflect from a NNE trend to a NS trend as it dragged into the fault corridor. The interpreted structural architecture at Fremlins is strongly analogous to the structural setting of Newmont's +14Moz Callie Gold deposit located 100km to the ESE of the West Tanami project. The extensive near surface gold anomalism at Fremlins is similar in scale and tenor to near surface anomalies seen over several large scale (+1Moz) gold systems within the Tanami region. The next phase of drilling at Fremlins will test for bedrock mineralisation and potential high-grade shoots within the broader areas of gold anomalism. Schultz: The Schultz prospect is situated 16km south west of Fremlins and is defined by a discrete high amplitude magnetic anomaly coincident with a significant jog in a regional scale, Trans-Tanami orientated structure. The magnetic anomaly has been modelled as a 400m by 300m steeply dipping pipe like feature on the margin of a large granite intrusion. The top of the magnetic anomaly is modelled to be 100m from surface. The magnetic anomaly is untested with previous exploration activity limited to a 4m deepvacuum drilling program on an 800m by 400m grid. Many of the gold prospects within the West Tanami project are associated with an elevated magnetic response that is interpreted to be the result of alteration associated with hydrothermal mineralising fluids. The magnetic anomaly at the Schultz prospect is more discrete and of higher amplitude than what is seen elsewhere within the project and is interpreted to be the result of more focused and intense hydrothermal fluid flow. The focusing of gold mineralising fluids is the key element in the formation of orogenic gold deposits. Planned drilling at the Schultz prospect will target the modelled magnetic anomaly at a position approximately 200m from surface. Ginger: The Ginger prospect is 13km west of Fremlins near the eastern boundary of the West Tanami project. Limited previous drilling at Ginger has identified gold mineralisation in quartz veins hosted in both dolerites and sediments with mineralisation open at depth. The mineralisation is within the metamorphosed and sheared margin of a granite. Previous drill results from Ginger include: 12m @ 0.6g/t Au from 18m incl. 1m@ 1.9g/t Au in GRAR003; 11m @ 0.7g/t Au from 21m incl. 1m@ 3.4g/t Au in GRAR004; and 5m @ 2.7g/t Au from 11m incl. 2m @ 6.2g/t Au in GRAR010. Drilling along the sheared granite margin at Ginger is very limited with only 160m of the margin tested byprevious drilling. Processing of the radiometric data acquired during the recent airbornesurvey has outlined a strongly anomalous response that correlates with the previously defined goldanomalism at Ginger and extends 2.4km to the west to the Dino prospect. The source of the radiometricanomaly is potentially indicative of an intrusion-related gold event and the mineralisation at the Gingerand Dino prospects may extend well outside the extents of the existing drilling.The presence of the radiometric anomaly at Ginger indicates a residual regolith profile or very shallowcover, implying the area could be amenable to surface geochemistry. An initial field mapping andgeochemical program is proposed following heritage clearance, with drilling then proposed to test at depth and along strike of the existing gold mineralisation at Ginger. Annonce • Nov 24
Hamelin Gold Limited Commences Exploration Activities At West Tanami Gold Project in Western Australia Hamelin Gold Limited announced the commencement of exploration activities at the West Tanami Gold Project in Western Australia. A detailed airborne magnetic and radiometric survey over the eastern third of the West Tanami project, including the recently granted Fremlins exploration license, has commenced. Data from this survey will be merged with other available geophysical datasets to provide the first ever complete coverage of detailed magnetics across the West Tanami project. The completion of this survey will provide magnetics with at least 100 metre flight line spacing across the entire project area. This key baseline dataset is an essential ingredient to be used in the upcoming `whole of project' target generation and assessment program which will provide a pipeline of ranked exploration opportunities and targets across the West Tanami. The pipeline will be utilised in guiding the Company's exploration activities and strategy in 2022 and beyond. Initial Drilling Activities. Preparations are ongoing for the planned drilling programs at West Tanami including receipt of approved POWs, confirmation of earthworks contractor and finalisation of RC and diamond drilling contractors. Drilling activities in the West Tanami are scheduled to begin in late First Quarter 2022 following the Summer wet season with diamond drilling planned at the Camel, Bandicoot, Quenda, Fremlins and Mojave prospects. Only nine diamond drill holes have been drilled across the project by previous explorers and this program will be the first diamond drilling at several of the key prospects. The diamond drilling component of the program will be partly funded through the WA Government EIS co-funded drilling program. One of the initial aims of the diamond drilling will be to follow up high grade gold mineralization intersected at the Camel prospect in 2010. Drill hole CMDD0002 intersected 7.25 metres at 3.1g/t Au from 95 metres including a quartz vein hosted high grade interval of 0.4 metres at 17.5g/t Au from 99.2 metres. This hole was the last diamond hole drilled at the West Tanami project and this intersection remains open at depth and along strike. An extensive aircore and RC drilling program will also be completed in Second Quarter 2022 to test a series of targets at the Camel, Hutch's Find, Fremlins, Afghan and other regional prospects. Each of the targets to be tested in this program incorporate multi-kilometre gold regolith anomalies with limited drilling at depth. Recent Insider Transactions • Nov 14
Independent Non-Executive Director recently bought AU$62k worth of stock On the 10th of November, Justin Osborne bought around 350k shares on-market at roughly AU$0.18 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$136k more in shares than they have sold in the last 12 months. Board Change • Nov 05
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Justin Osborne was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 