Articles On Nelson Resources (ASX:NES)

Closing Bell is Stockhead’s daily recap of the ASX’s biggest movers – the winners and losers alike. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday t...

Strange to think that it is a year since the world was turned upside down when the World Health Organisation declared COVID-19 a worldwide pandemic in mid-March 2020. In the week that followed the price of gold tumbled nearly $US200 to $US1...

A recent round of support for gold has seen the price consolidate above $US1,700 an ounce. However, with policy support from central banks, US stimulus and employment growth — underpinned by big infrastructure projects — you’d “expect gold...

The RC program complements the current diamond drilling program and is designed to test dip and strike extensions within the plus-20-kilometre defined geochemical anomaly at Grindall and Redmill.

Nelson Resources Limited (ASX:NES) has provided a drilling update for its Woodline Project in the Fraser Range, Western Australia. The project lies on the boundary of the Albany Fraser Oregon and the Norseman - Wiluna Greenstone belt in Wes...

Nelson Resources (ASX:NES) is an exploration company with a highly prospective 956 square kilometres tenure holding, much of it in prime gold territory. With the gold price showing strong resistance around the US$1850 per ounce mark, it is...

The recently stepped-up drilling program has been designed to infill the current 1,000-1,500 metre diamond drilling at Grindall, Redmill and Socrates, which is on track to be completed by the end of January, and will also test newly identif...

The 68-hole, 6068-metre RC drilling program is designed to infill current diamond drilling programs at Grindall, Redmill and Socrates.

Between August 26 and December 23, 2020, Platina acquired 2,227,763 Nelson ordinary shares for a 5.007% interest.

The company believe the purchase of a diamond drilling rig, associated vehicles and equipment has been an immediate success and now, it can operate its drilling programs flexibly and nimbly.

The company plans to undertake 1,000 to 1,500 metres of diamond drilling, specifically designed to target recently identified structures and interpreted extensions to known mineralisation.

The 828 square kilometres Woodline Project is made up of the Grindall, Redmill, Harvey and Socrates projects.

Since listing on the ASX in December 2017 with 20 square kilometres of tenure, the company has delivered on its exploration commitments across its portfolio of gold assets in the prolific Eastern Goldfields region of WA.

A recently completed ultra-high-resolution ground magnetics survey at the project defined favourable targets for follow-up ground geophysics and drilling.

The addition of two highly experienced professionals James Farrell and Justin Ward will boost the company’s efforts to make gold discoveries in focus areas on the Fraser Range.

The company is also in talks with a potential JV partner for Fortnum project within the Peak Hill Mineral Field, about 14 kilometres southwest of the Fortnum Mining Centre.

The company is planning to conduct passive surveys to map the area to guide its next phase of drilling for gold.

The sudden drop in spot gold prices and reintroduction of COVID-19 restrictions in New Zealand have hit the relevant ASX small caps this morning. After 100 days of being virus-free, four COVID-19 cases were detected in the country. New Zeal...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

The key focus for NES is the Woodline Project which lies on the boundary of the Albany Fraser Oregon and the Norseman-Wiluna Greenstone belt in WA.

A total of 52,821,762 shares and 26,410,881 new options, exercisable at 8 cents and expiring on July 7, 2022, have been issued.

Gold has been doing its thing in the last 30-days by proving to be resilient while global markets have been buffeted by the return of extreme volatility. The steady price performance over the last 30-days in US dollar gold – the price that...

A quick wrap of the key winners and losers on Friday, June 12. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today the ASX plunged over 3 per cent in the firs...

A quick wrap of the key winners and losers on Tuesday, June 9. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made potentially market-moving announcements during the day.   WINNERS: CODE COMPANY PRI...

The company has also announced a renounceable rights issue to raise up to $2 million for exploration activities at its Woodline project.

The company has continued to develop its exploration model for its various Woodline projects and believes it now has a clear exploration model to guide its future exploration programs

The company is confident the project could host Tropicana-style mineralisation.

The Woodline projects lie 90 kilometres northeast of Kalgoorlie and halfway between the Trans Australia Railway and the Eyre Highway.

The company has received firm commitments from professional and sophisticated investors for the placement.

The halt will remain in place until Wednesday, February 5, or when an announcement is released.

If there’s one commodity that has started the decade well, it’s oil. Brent oil has gained 5.2 per cent this week and crude oil has gained 4.2 per cent. In contrast, some of the top performing commodities of 2019 have been slower. Copper has...

The tenement is within proximity to recent drilling success by Independence Group and has the potential to host a discovery.

In July, Rumble (ASX:RTR) revealed a “significant” high-grade gold find, made by JV partner Independence (ASX:IGO) at the Thunderstorm project in the Fraser Range of WA. Drilling delivered hits of 25m at 2.42 grams per tonne (g/t) gold from...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Most projects are in WA’s Eastern Goldfields which contains substantial greenstone belts considered highly prospective for gold mineralisation.

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Around 1,556 metres of reverse circulation (RC) drilling and 789 metres of diamond drilling has been undertaken at the Woodline project.

The company aims to enhance the prospectivity of its portfolio through desktop reviews and surveys delineating geochemical anomalies, which will be used to generate planned drill targets.

On Stockhead today, why Australia’s telco sector is “mission critical, Amazon finds spare change under couch cushion and orders 100,000 EVs and WA mining smashes employment and sales records. But first:   The day ahead The Reserve Bank of A...

Nelson Resources Ltd (ASX:NES) is a gold exploration company with a portfolio of gold projects located in Western Australia. The group listed on the ASX in December 2017 and following exploration across a number of its assets, management de...

The terms of the acquisition includes an upfront payment of $25,000 for the data, a 1% NSR and a $50,000 payment if a JORC compliant resource is declared within the boundary of tenement E28/2923.

In this week’s recap of substantial holders, Australian Super became an substantial holder in Gage Roads Brewing (ASX: GRB), a prominent Sydney property magnate bought 16 per cent of Collaborate Corporation, and we look at a number of purch...

The company is focused on identifying, delineating and developing viable gold resources in WA's Eastern Goldfields.