viewNelson Resources Ltd

Nelson Resources receives gold results of up to 69.9 g/t at Yarri

Results confirm the presence of high-grade quartz vein structures beyond the limits of historical workings and previous drill testing.

Yarri is in the East Laverton gold belt between Sunrise Dam and Carosue Dam

Nelson Resources Ltd (ASX:NES) has received strong gold results from three prospects at the Yarri project in WA’s Eastern Goldfields, including a bonanza grade of 69.9 g/t.

Reverse circulation drilling returned high-grade intersections from the three prospects tested - Wallaby, Gibberts and Great Banjo.

High-grade assays

Notable Wallaby results are 8 metres at 18.1 g/t gold from 101 metres, including 3 metres at 44.1 g/t, and 9 metres at 14.6 g/t from 70 metres, including 4 metres at 30.2 g/t.  

Best results at Gibberts and Great Banjo respectively are 6 metres at 13.2 g/t from 15 metres, including 1-metre at 69.9 g/t, and 3 metres at 4.8 g/t from 33 metres, including 1-metre at 10.2 g/t.

Potential to extend high-grade veins

Nelson Resources managing director Adam Schofield said: “We are very pleased to start the New Year with these strong results.

“In particular, the way they confirm and extend the potential for high-grade gold veins well beyond what has previously been exposed by historic workings and drilling at all three prospects.

“We are very excited to re-start drill testing in the new year and are confident that we can significantly extend on these high-grade results.”

Remnant quartz lodes to be targeted

The program at Wallaby comprised 28 holes totalling 2,642 metres targeting pyrite-bearing quartz veins in shared and altered monzogranite.

Remnant quartz lodes and footwall contact positions will be an exploration target tested later in early 2019.

At Great Banjo, eight holes for 2,243 metres were drilled, which confirmed mineralisation across all three of the Yarri prospects.

At Gibberts the company drilled four holes for 418 metres to test the mineralised structure.

This work confirmed that previous drilling was incorrectly orientated.

Five-week drilling program

Nelson continues drilling across the three prospects with plans to drill around 50 holes for a total of 5,000 metres.

The objective of the five-week program is to delineate ore bearing lodes that have the potential to be economic.

- Jessica Cummins 


Quick facts: Nelson Resources Ltd

Price: 0.13 AUD

Market: ASX
Market Cap: $18.78 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Nelson Resources Ltd named herein, including the promotion by the Company of Nelson Resources Ltd in any Content on the Site, the Company...


Nelson Resources on site as drilling advances at its Woodline gold project

Nelson Resources Ltd's (ASX:NES) Adam Schofield speaks to Proactive's Andrew Scott while on site at their Woodline gold project which is on the boundary of the Albany Fraser Oregon and the Norseman-Wiluna Greenstone belt in WA. The company's completing 1500 metres of diamond drilling as well as...

2 weeks ago

2 min read