Hamelin Gold West Tanami Project Confirms Extensive Gold Mineralisation

Hamelin Gold Delivers Strong Exploration Results from West Tanami Project

Hamelin Gold Limited (ASX:HMG) has announced significant progress at its Hamelin Gold West Tanami Project in Western Australia, with drilling results confirming extended shallow gold mineralisation at South Fremlins and outlining a substantial mineralised system at the Jazz prospect. The company has now defined a 1g/t gold footprint extending over 400 metres strike length at South Fremlins, while Jazz shows a 500-metre long mineralised trend that remains open in multiple directions.

The latest results demonstrate the potential for multi-million ounce orogenic gold deposits in this highly prospective region of the Tanami Province. Furthermore, follow-up drilling programmes are scheduled to commence in 2026, providing clear catalysts for continued exploration success.

What Makes Fremlins South a Standout Gold Discovery?

Exceptional Near-Surface Results Confirm Resource Potential

The South Fremlins prospect, located 14 kilometres south of the producing Coyote Gold Mine, has delivered impressive shallow gold intersections through aircore drilling. The programme has successfully extended the zone of near-surface gold mineralisation with standout results.

Key Drilling Highlights:

• 12 metres @ 0.82 g/t Au from 24 metres (TLA0134) including 6 metres @ 1.34 g/t Au from 26 metres
• 6 metres @ 1.01 g/t Au from 40 metres (TLA0125)
• 4 metres @ 0.99 g/t Au from 30 metres (TLA0129)

The results support the interpretation of a sigmoidal dilational zone, a geological structure known to host high-grade gold shoots within broader mineralised corridors. Importantly, a +1g/t gold, northeast-trending zone has been identified within the broader mineralised envelope, presenting an attractive target for future drilling.

Current drill traverse spacing at Fremlins South is 160 metres on east-west lines, providing adequate coverage to define the mineralisation trend whilst identifying priority targets for infill drilling.

"Our aircore programme at South Fremlins has successfully extended the zone of near-surface gold mineralisation and continues to highlight the potential for higher-grade shoots within the mineralised envelope," said Managing Director Peter Bewick.

Jazz Prospect Reveals Large-Scale Hydrothermal Gold System

How Significant is the 500-Metre Mineralised Trend?

The Jazz prospect has emerged as a significant exploration target following the completion of a 21-hole, 3,041-metre RC drilling programme. Located at the western end of the Sultan Gold Corridor, Jazz has revealed broad zones of shallow north-dipping gold anomalism associated with granitoid contact zones.

Jazz Prospect Key Features:

• 500+ metres of strike length with gold mineralisation intersected across multiple sections
• Broad zones of shallow north-dipping low-grade gold anomalism
• Distribution patterns consistent with a large hydrothermal system
• Potential for high-grade shoots in structurally controlled positions
• System remains open to the south, west and at depth

The drilling programme was co-funded by the WA Government's Exploration Incentive Scheme (EIS), highlighting the strategic importance of this prospect within the broader regional exploration framework. In addition, this government support demonstrates confidence in the project's potential.

Understanding Orogenic Gold Deposits: Why Structure Matters

Orogenic gold deposits represent some of the world's most valuable gold resources, typically forming during mountain-building events where hot, gold-bearing fluids are channelled through structural corridors in the Earth's crust. These deposits are characterised by their association with specific geological structures such as shear zones, fault systems, and dilational zones.

Key Investment Considerations:

• Structural Control: Gold mineralisation is typically concentrated along specific structural corridors, making geological interpretation crucial for targeting
• Grade Distribution: High-grade shoots often occur within broader lower-grade haloes, requiring systematic drilling to define
• Depth Potential: Orogenic gold systems can extend to significant depths, providing long-term resource expansion opportunities

For investors, the identification of structural controls at both Fremlins South and Jazz suggests systematic, predictable mineralisation that can be effectively targeted through focused drilling programmes. Moreover, this structural understanding provides confidence in the systematic approach to exploration.

Strategic Development Timeline and Next Steps

Hamelin Gold has outlined a clear development pathway for both prospects, with programmes scheduled to commence following the northern wet season in 2026. This systematic approach reflects best practice exploration methodology, moving from regional reconnaissance through to resource definition drilling as geological understanding improves.

2026 Development Programme:

Why is the Tanami Province Such a Compelling Location?

Strategic Location in Proven Gold District

The Hamelin Gold West Tanami Project benefits from its location within the Tanami Gold Province, a world-class gold district that hosts Newmont's Tier 1 Tanami Operations in the Northern Territory. This proximity provides several strategic advantages that enhance the project's development potential.

Competitive Advantages:

• Established Infrastructure: Access to existing mining infrastructure and services
• Geological Continuity: Similar geological settings to proven multi-million ounce deposits
• Processing Options: Potential toll treatment opportunities with regional operators
• Skilled Workforce: Access to experienced mining professionals

However, the true value lies in the geological continuity with established operations, suggesting similar deposit potential within the broader district.

Strong Financial Backing and Strategic Partnerships

The company benefits from backing by respected industry players, with shareholders including Gold Fields Limited (JSE/NYSE:GFI) and Vault Minerals Limited (ASX:VAU). This institutional support provides both financial stability and strategic industry connections.

Project Portfolio Diversity:

• West Tanami Project: Primary focus with immediate drilling results
• Yilgarn District Holdings: Additional exploration upside in covered terrain
• Technology Application: Utilising advanced exploration techniques including CSIRO Ultrafine® technology

What Should Investors Watch For?

Multiple Catalysts Driving Near-Term Value

Hamelin Gold presents a compelling opportunity for investors seeking exposure to gold exploration in a proven district with clear development pathways. The combination of proven results and systematic approach creates multiple value catalysts.

Key Investment Drivers:

Near-Term Catalysts:

• Infill drilling results from Fremlins South +1g/t gold zone
• Jazz prospect extension drilling to the south and west
• Geological modelling and deeper drilling target definition
• Potential resource estimation studies

The combination of proven gold mineralisation, systematic exploration approach, and strategic district location positions Hamelin Gold as an attractive exploration play with clear pathways to value creation. Furthermore, the systematic drilling approach demonstrates management's commitment to methodical resource development.

The Investment Case for Hamelin Gold

The Hamelin Gold West Tanami Project demonstrates the company's ability to execute systematic exploration programmes that deliver meaningful results in a highly competitive market environment. With both prospects showing expansion potential, the project offers multiple avenues for value creation.

"With gold mineralisation confirmed across 900+ metres of combined strike length between Fremlins South and Jazz prospects, and both systems remaining open for expansion, Hamelin Gold offers investors exposure to early-stage discovery potential in one of Australia's premier gold provinces."

The 2026 drilling programmes will be critical catalysts for resource definition and value recognition. Additionally, the strategic location within the proven Tanami Province provides geological confidence and infrastructure advantages.

The Hamelin Gold West Tanami Project continues to demonstrate significant potential, with the latest drilling results providing investors with clear evidence of the project's capacity to host substantial gold resources. As the company progresses towards its 2026 drilling campaigns, the combination of proven mineralisation and strategic location positions Hamelin Gold favourably within the competitive exploration landscape.

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