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.