Hamelin Gold Limited

High Grade Gold in Outcropping Veins at Camel

Hamelin Gold Limited (“Hamelin” or the “Company”) (ASX:HMG) is pleased to advise 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.


Highlights:

  • Interpretation of high resolution drone photography over the central Camel area identified ironstone outcrops and numerous quartz vein arrays
  • Rock chip sampling of the ironstones and quartz veins has returned multiple high grade assay results up to 23g/t Au
  • Surface mineralisation extends over 400m of strike and remains open to the north west
  • Additional drone flights and surface sampling now in progress
  • Ultra-detailed aeromagnetic and radiometric survey to be completed in September 2022
  • 2,000 metre RC drilling program planned for October 2022
  • Results from EIS co-funded diamond drilling at Camel expected in September 2022
Commenting on the Camel rock chip results, Hamelin Gold Managing Director Peter Bewick said:

“Hamelin completed a high-resolution drone photography survey over the central Camel area to assist with surface mapping. This survey outlined outcropping quartz vein arrays and ironstone units across the Camel gold corridor not sampled by previous explorers.

A sampling program of these outcropping veins and ironstone units has returned numerous high grade gold results up to 23g/t Au and, importantly, has extended the area of known mineralisation to over 400m of strike. The gold mineralised corridor remains open to the north west where the mineralisation is interpreted to extend under thin cover. Additional drone flights and a follow up sampling program have now commenced with an ultra-detailed aeromagnetic survey and RC drilling planned for the coming months.

Our early drilling and surface sampling results have confirmed our belief that this prospect has potential for the discovery of a large scale, high grade gold deposit.”

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 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.

Drone photography and surface sampling

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 (see Figure 1).


Click here for the full ASX Release

This article includes content from Hamelin Gold Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

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