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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
17 Aug 2026 8:09AM
Price at Release
$0.003
Full Release
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Summary
Nelson Resources Limited has completed a soil sampling program at the Cinnamon Property in Nevada, targeting the Ophir and Sheba sites. The program collected 204 soil samples along a grid designed to provide geochemical insights to support exploration for tungsten and polymetallic mineralisation. This initiative aligns with Nelson's broader effort to evaluate and prioritise targets based on integrated geological, geophysical, and hyperspectral datasets. Significant finds include a high-grade copper-gold discovery at Sheba and a priority tungsten target at Ophir. Further analysis will integrate these results with existing data to inform future exploration phases.
Key Points
  • 204 soil samples collected at Cinnamon Property.
  • High-grade copper-gold discovery at Sheba.
  • Ophir identified as priority tungsten target.
  • Program designed to map multi-element geochemical footprint.
  • Data integration to refine exploration targets.
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.