Hamelin Gold begins on-ground exploration at Venus gold project in WA

Core Viewpoint - Hamelin Gold has initiated on-ground exploration at its Venus gold project in Western Australia, following the acquisition of a second exploration license, positioning the company as one of the largest tenement holders in the Cue region with a total of 300 km² of granted tenure [1][3]. Group 1: Project Details - The Venus gold project is located approximately 15 km south-east of Cue and 10 km east of Caprice Resources' Island Gold discovery [1]. - The project lies south-west of the Comet and Tuckabianna gold corridors, which each host deposits exceeding one million ounces of gold [2]. - The majority of the tenements are covered by lake sediments and have seen limited historical exploration [2]. Group 2: Exploration Activities - The initial exploration program includes surface soil sampling across the western and southern extensions of the +1 million ounce Comet gold deposit [4]. - A surface soil sampling program has recently been completed, targeting the interpreted western margin and southern extension of the Comet mine sequence [4]. - Exploration license E58/644 was granted on December 3, 2025, covering the interpreted southern extension of the Tuckabianna shear zone [5]. Group 3: Future Plans - The company is finalizing plans for a heritage survey across multiple targets within the project area, with the survey scheduled for completion in February 2026, followed by the commencement of drilling [5]. - A detailed aeromagnetic survey over the recently granted southern tenement is planned for January 2026 [6]. - The Venus gold project represents a significant opportunity for exploration beneath Lake Austin, an area that has not been previously explored [6].