Hamelin Gold : Drilling Update - Camel and Fremlins Gold Prospects

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Drilling Update - Camel and Fremlins Gold Prospects

Highlights:

• Camel
• • Initial diamond and RC drill program confirms target scale and potential
  • Assay results from three RC hole outline broad, depth extensive zone of gold mineralisation in TSR0002 (104m @ 0.22g/t Au from 18m to EOH)
  • Assay results from diamond drilling, which intersected multiple zones of quartz veining within the targeted mafic unit, due September 2022
  • Detailed aeromagnetic survey to deliver enhanced structural interpretation to direct follow up drilling planned in 2022
• Fremlins
• • Heritage survey completed covering priority drill areas
  • Structural interpretation of detailed aeromagnetics identifies additional gold targets
  • Diamond drilling (1200m) to commence in August 2022 (EIS co-funded)
• Assay results from RC drilling at Hutch's Find and diamond drilling at Afghan and Mojave expected from September 2022

Hamelin Gold Limited ("Hamelin" or the "Company") (ASX:HMG) is pleased to provide an update on the exploration program at the Camel and Fremlins prospects within the West Tanami Gold Project in Western Australia.

Commenting on the current program, Hamelin Gold Managing Director Peter Bewick said:

"Our exploration program across the West Tanami project is progressing well with over 2,800 metres of diamond drilling and over 2,750 metres of RC drilling completed to date. Geochemical and geophysical programs are also running concurrently across the project. It is a credit to Hamelin's small, highly talented, exploration team who are doing a great job, both safely and efficiently, in managing this period of high activity.

The first batch of assays received from RC drilling at Camel confirm strong, depth extensive gold mineralisation within the targeted mafic stratigraphy. First assay results from the diamond drilling, which successfully intersected multiple zones of quartz veining within the targeted mafic unit at Camel, are expected in September 2022.

The upcoming diamond drilling at Fremlins, being co-funded through the WA Government EIS drilling program, will be the first diamond drilling ever completed at the prospect. This drilling will focus on the southern half of an interpreted six kilometre long gold system where previous shallow drilling has identified extensive regolith anomalism along two parallel gold corridors".

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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. A single 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 hole TSD0005 (Figure 2). Drill hole TSR0002 intersected the targeted host dolerite unit while the three holes to the north (TSR0003, 4 and 5) all remained in sedimentary stratigraphy. Assay results from holes TSR0002 to TSR0004 have been received with TSR0002 showing a broad zone of gold mineralisation from 18 metres to end of hole. This mineralised zone occurs predominantly within fresh rock and indicates potential for a significant depth extensive gold system. The drilling also confirms better mineralisation at Camel is likely hosted within dolerite units rather than the neighbouring sediments. Future drilling at the Camel prospect will target the dolerite host unit at the axis of interpreted antiformal fold hinges considered to 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 and frequency of mineralised quartz vein arrays mapped at surface, and to outline the geological architecture of the prospect. The RC drilling described above complemented the diamond drilling to confirm the extent of the mafic host sequence and provide key data on the nature and extent of gold anomalism within the regolith.

In diamond hole TSD0005 several zones of laminated and brecciated quartz veining have been observed throughout the dolerite host, with an increased frequency of veins approximately 120 and 150 metres downhole (see Figures 3 & 4). Multiple generations of veining occur within the dolerite with both laminated and brecciated vein margins identified. 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, becoming pyrrhotite dominant at depth. A second diamond 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 the diamond 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 of the magnetically anomalous doleritic unit(s) at Camel (see Figure 1). A higher resolution, 35 metre flight line survey is planned for August 2022 to enable detailed interpretation of the host stratigraphy and potentially outline the orientation of small-scale structural offsets that may be controlling high grade gold mineralisation.

Assays and structural information from the recently completed diamond drilling along with interpretation of the upcoming detailed aeromagnetic survey will direct our follow up drilling planned for later this year.

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A heritage survey over the Fremlins prospect was completed in July 2022 and site preparations for the upcoming diamond drilling program will commence shortly.

Previous drilling at the Fremlins prospect is dominated by shallow RAB, vacuum and RC drilling, with only one hole drilled deeper than 110m from surface and no diamond drilling. Historical drilling has defined two parallel gold trends over six kilometres in strike with mineralisation interpreted to be focused along the axis of two tightly folded antiforms.

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 interpreted geological and structural interpretation as well as test 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 first diamond drilling ever completed at the Fremlins prospect.

Figure 5: Fremlins prospect - detailed aeromagnetics (50m flight line spaced), maximum Au-in-hole and gold targets

Following acquisition and interpretation of historic detailed aeromagnetic data, a series of high grade gold targets have been identified along the defined gold trends based on structural models, as well as a number of untested gold targets within the immediate vicinity of Fremlins. These new targets will be assessed and follow up geochemical and/or drilling programs designed.

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