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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
27 Jul 2026 8:35AM
Price at Release
$0.003
Full Release
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Summary
Nelson Resources Limited has announced the extension of high-grade gold mineralization at the Orleans Mine within the Gold Point Project. Significant gold assays were obtained from underground channel sampling, with highlights including a result of 113.5 g/t gold from the 400-foot level. This discovery confirms a broader, structurally controlled vein system at Orleans rather than isolated gold occurrences. The company plans to advance the project through targeted underground drilling to explore extensions beyond existing workings and to target potential remnant mineralization adjacent to historical stopes. Nelson is integrating new assay results into its 3D geological model to refine exploration targets at Orleans and support further exploration activities at the Great Western Mine.
Key Points
  • High-grade gold zone extended at Orleans Mine.
  • Significant sample result of 113.5 g/t gold at the 400-foot level.
  • Broader structurally controlled vein system confirmed.
  • Upcoming diamond drilling to test vein extensions and remnant mineralization.
  • Integration of new assay results into a 3D geological model.
  • Continued exploration and evaluation activities planned.
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.