leadf
logo-loader
viewNelson Resources Ltd

Nelson Resources rapidly exploring Goldfields ground with aim to define gold resource

Nelson Resources Ltd (ASX:NES) managing director Adam Schofield speaks to Proactive Investors about the recently-listed mineral explorer’s portfolio of gold projects in Western Australia.

“The Yarrie project is three tenements which are all historic mining operations from the early 1920s [and] there’s been little to no work done on these projects in the last two decades,” Schofield says.

He continues, “we started drilling at Yarrie in January last year and followed that up with a drill program in December.

“We’ve come up with some intersects that are very appealing, for instance 8 metres at 18 grams, of which 4 metres was at 40 grams – so some significant results that indicate we actually may be able to bring a resource up around this project.”

Quick facts: Nelson Resources Ltd

Price: 0.071 AUD

ASX:NES
Market: ASX
Market Cap: $8.15 m
Follow

Add related topics to MyProactive

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

NO INVESTMENT ADVICE

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...

FOR OUR FULL DISCLAIMER CLICK HERE

Emperor Energy enjoying strong investor interest as Pre-FEED work on Judith...

Emperor Energy Ltd's (ASX:EMP) Carl Dumbrell says they've seen very strong investor interest in the company lately with 12 million shares being traded in a single day this week - ''that's unheard of for this company'', he says. ''The market's having a good look at us and we love it'', he adds....

3 days, 5 hours ago

2 min read