Hamelin Gold (ASX:HMG) Unveils New Granite-Hosted Gold Zone at Jazz Prospect

2 min read | January 13, 2025 05:37 PM AEDT | By Team Kalkine Media

Highlights

  • First granite-hosted gold zone discovery at Hamelin’s Jazz prospect in West Tanami.
  • Promising assay results from 3,667m aircore drilling program.
  • Exploration to expand in early 2025 with deeper RC drilling plans.

Hamelin Gold (ASX:HMG) has identified a promising new granite-hosted gold mineralisation zone during its maiden aircore drilling at the Jazz prospect in the West Tanami region of Western Australia. This groundbreaking discovery marks the first instance of granite-hosted gold being detected in the region, unlocking a previously unexplored geological setting.

Hamelin’s Managing Director, Peter Bewick, explained that the scale of lateral and depth mineralisation in this system is unusual. Typically, oxide zones above non-mafic gold systems in the region are depleted, but this find presents a new opportunity for West Tanami’s gold potential.

The recent drilling campaign returned notable assay results, including:

  • 16m @ 0.36 grams per tonne (g/t) gold, including 2m @ 1.4g/t from 38m.
  • 2m @ 2.1g/t from 50m.
  • 10m @ 0.45g/t from 36m, including 2m @ 1.9g/t from 44m.

This mineralisation, hosted within a low-zircon, high-silica granite, has been traced over two aircore traverses spaced 400m apart and remains open to the west. Such a geological setting is considered a favorable host for gold, drawing parallels to deposits such as Gruyere Mine (ASX:GOR), Granny Smith Mine (NYSE:GFI), King of the Hills (ASX:VAU) in Australia, and Snowline Gold’s (TSX-V:SGD) Valley project in Alaska.

The drilling targeted multi-element soil geochemical anomalies detected during a 2024 sampling program, employing the CSIRO’s Ultrafine technology. The 3,667m aircore program aimed to provide a deeper understanding of the geology and structure of the Jazz area.

Preliminary assessments suggest that the Jazz granitoid belongs to a suite of non-magnetic felsic intrusions prevalent in the West Tanami region. Its distinctive low-zircon, high-silica geochemistry offers an identifiable marker for future exploratory efforts.

Hamelin Gold plans to advance exploration in early 2025. The next phase will focus on reverse circulation (RC) drilling to investigate extensions of the mineralisation both along strike and at depth. The broader West Tanami Project spans an impressive 2,277km² along the Trans-Tanami structural corridor, also home to Newmont’s (ASX:NEM) prolific Callie Gold Deposit.

This discovery reinforces the West Tanami region's potential as one of Australia's most untapped gold-rich provinces.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.