Nelson Resources Limited (ASX:NES)

ALERT: Price-sensitive ASX Announcement for NES

Current share price for NES : $0.003 -0.001 (-25%)⁺

Announcement

Exploration Accelerates at Cinnamon Tungsten Property,Nevada

Release

20 May 2026 8:21AM

Price at Release

$0.004

Full Release

Summary

Nelson Resources Limited has accelerated their exploration activities at the Cinnamon Tungsten Property located in Mineral County, Nevada. The company holds 186 unpatented BLM lode claims covering approximately 15.5 km², positioned immediately west of the Desert Scheelite deposit. The current phase of exploration focuses on reconnaissance and field assessment to evaluate the tungsten and polymetallic skarn potential. This includes geological mapping, prospecting, and rock-chip sampling using satellite imagery and geophysical data. The strategic position of Cinnamon, adjacent to one of America's advanced yet undeveloped tungsten projects, aims to identify key geological controls and potential tungsten skarn mineralization. This initiative comes amid a backdrop of renewed interest in domestic tungsten production, supported by the U.S. Department of Defense's investment in nearby Pilot Mountain.

Key Points

Nelson Resources accelerates exploration at Cinnamon Tungsten Property, Nevada.
Cinnamon comprises 186 BLM lode claims over 15.5 km².
Located west of the Desert Scheelite deposit with strategic exploration targets.
Initial reconnaissance includes geological mapping and sampling.
Focus on tungsten and polymetallic skarn potential.
Positioned near Pilot Mountain, supported by U.S. Department of Defense.
Exploration driven by increasing demand for domestic tungsten supply.

IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.