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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
24 Aug 2026 8:38AM
Price at Release
$0.003
Full Release
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Summary
Nelson Resources Limited (ASX: NES) announced the observation of copper oxide mineralisation, primarily chrysocolla with minor malachite and chalcocite, in the southern part of its Gold Point Project in Nevada, USA. This mineralisation is found approximately 1.5km east of the Le Champ Cu-Mo-Au porphyry target within the Sylvania Intrusive Complex. Previous rock-chip sampling revealed copper values of up to 4.88% Cu. A systematic multi-element soil sampling program is underway to explore both the copper porphyry/skarn target and the intrusion-hosted gold-silver mineralisation systems. The results of laboratory assays of collected samples are expected within 6-8 weeks, which will be integrated with existing geological data.
Key Points
  • Copper oxide mineralisation observed at Southern Gold Point.
  • Chrysocolla-dominant mineralisation with minor malachite and chalcocite.
  • Located within the Sylvania Intrusive Complex.
  • Previous rock-chip sampling returned up to 4.88% Cu.
  • Systematic soil sampling program underway.
  • Results expected in 6-8 weeks.
  • Multi-element assays to be integrated with existing data.
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.