Articles On Nelson Resources (ASX:NES)

The market giveth and the market taketh. Truer words have never been spoken with gold prices diving nearly US$100 in less than a day after the US Federal Reserve signalled higher inflation and that interest rates could rise twice by 2023. G...

Gold is re-starting its bull rally as two major obstacles — higher US Treasury yields and Bitcoin — fizzle. “Strong headwinds from parabolic Bitcoin and rising bond yields appear to have run their course,” Bloomberg Intelligence senior comm...

Gold’s rally ran out of puff this week, with the precious metal dropping about 2% below ~$1US1,870/oz at Thursday close. Kitco’s Jim Wyckoff calls it “routine profit taking”. “Importantly, the price uptrend in gold on the daily chart remain...

Investors will be watching for updates on Traka Resources (ASX:TKL) this week, after the gold explorer ripped higher on no news to post an RSI reading of 91. Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Re...

Over the past two months the gold price has turned a corner, up ~12.7% to a high of $US1898/oz. That’s a four month high, erasing almost all of 2021’s losses. The share prices of local gold stocks have responded in kind. Over the past month...

Biotech Global Health (ASX:GLH) topped this week’s Running Hot list, in the wake of more steady gains in May which has seen its share price rise by almost 500 per cent over the past 12 months. Each week, Stockhead recaps ASX stocks that are...

Are large Bitcoin investors moving back into precious metals? In a note to clients, JPMorgan said large institutional investors are dumping bitcoin in favour of gold, reversing a trend that’s played out over the last two quarters. “The bitc...

The recovery in the gold price from its early March lows — ~$1,670s to over $1,825 currently — was mostly driven by the decline in real interest rates and, more recently a poor US jobs report and increasing inflation. US core inflation in A...

Nelson’s flagship project is the 875 square kilometre Woodline Project, which is at the boundary between the Proterozoic Albany-Fraser Orogen and the Archean Yilgarn-Craton.

The capital raisings boom on the ASX is continuing in 2021 with nearly $10 billion raised in the first four months of the year. Across 325 deals, ASX companies have raised $9.878 billion in capital amidst IPOs, placements and rights issues....

“When you stop growing you start dying,” is a saying the ASX’s largest gold miners have apparently taken to heart. While hopefully remaining cognisant of the expensive, value-destroying deals which occurred when gold last peaked in the 2010...

The gold price traditionally thrives on geopolitical drama. Heightened tensions in eastern Ukraine, the recent incident at an Iranian nuclear site, and news of an unofficial US delegation visiting Taiwan are recent reminders that 2021 will...

Early holes confirm targeting methodology and demonstrate the shear hosts a large gold-bearing system with mineralisation open along depth and strike.

Nelson Resources Limited (ASX:NES) has made a good start in terms of achieving its goal of tracking down the next Tropicana - a prolific gold resource that accounts for a large chunk of IGO’s (ASX: IGO) annual production even though it is m...

Gold continues to trend upwards on the back of US dollar’s ongoing weakness and concerns about inflation, so it’s unsurprising that the majority of gold plays on our watchlist have marked gains this week. The previous metal is currently tra...

The gold price may have languished slightly in 2021, but the number of gold IPOs certainly has not. Here’s what the newest ASX gold explorers are doing, where they are doing it, and why investors should care.   KINCORA COPPER (ASX:KCC) The...

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...

2021 is set to be another big year for ASX capital raisings with solid volumes so far in 2021. In the first nine weeks of the new year, ASX companies have raised over $1.96 billion. Although this is lower than the $3 billion raised in the f...

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.

For goldies, 2020 was a year when good news was rewarded, and great news celebrated. The precious metal has gained about 22 per cent year-to-date despite treading water since mid-August. And there’s a strong chance 2021 will start off with...

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.

There’s 191 ASX gold stocks on our list — from $25bn behemoth Newcrest (ASX:NCM) all the way down to $4.7m tiddler African Gold (ASX:A1G) – with a combined market cap of ~$82.8bn. Despite running out of puff in August and September the gold...

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.