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Nelson Resources Limited (ASX:NES)

ALERT: Price-sensitive ASX Announcement for NES
Current share price for NES : $0.003 0 (0%)+
Announcement
Release
16 Jun 2026 8:22AM
Price at Release
$0.003
Full Release
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Summary
Nelson Resources Limited has initiated rehabilitation activities at the Great Western Mine, the second historic mine in their Gold Point Gold-Silver Project in Nevada, USA. This move follows their successful underground rehabilitation and exploration strategy at the Orleans Mine. The Great Western Mine forms part of a broader high-grade gold-silver system where significant historical production was recorded. The company aims to leverage extensive historical underground workings to improve exploration efficiency and precision. The rehabilitation program includes stabilizing access points, conducting geological mapping, and preparing for future underground drill tests. This effort is part of Nelson's broader strategy to consolidate and systematically explore the high-grade district under unified ownership.
Key Points
  • Commenced rehabilitation at Great Western Mine.
  • Follows successful strategy at Orleans Mine.
  • Part of broader Gold Point high-grade system.
  • Historical production of significant gold and silver.
  • Leveraging historical underground workings.
  • Includes geological mapping and drill preparation.
  • Part of strategy to consolidate high-grade district.
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.