Nelson Resources Spots Copper Oxide Mineralisation at Gold Point, Soil Sampling Underway

Copper Oxide Mineralisation Emerges East of Le Champ Target

Nelson Resources (ASX:NES) has uncovered copper oxide mineralisation dominated by chrysocolla, with minor malachite and chalcocite, in dump and float material within its southern Gold Point licence area in Nevada. This discovery sits roughly 1.5 kilometres east of the Le Champ Cu-Mo-Au porphyry target, within the 100%-owned Sylvania Intrusive Complex claims.

The mineralisation was identified during recent field reconnaissance, where narrow bornite-chalcopyrite veinlets were also noted in outcrop adjacent to historical workings. These veinlets align with the regional structural system that hosts high-grade gold-silver veins elsewhere at Gold Point, suggesting a structural continuity that ties copper and precious metal mineralisation.

Historical Sampling Supports Broader Copper Potential

This new observation builds on earlier rock-chip sampling results from across the Gold Point Project, which returned significant copper values including a standout 4.88% Cu (48,800 ppm) from a malachite and chalcopyrite-bearing vein. Multiple other samples yielded elevated copper levels between 1,000 and 3,000 ppm, underpinning the broader copper potential within the Sylvania Intrusive Complex.

The presence of copper oxides some 1.5 km east of Le Champ and about 3 km southwest of the highest-grade copper sample signals a district-scale footprint that Nelson is keen to delineate systematically.

Systematic Soil Sampling Targets Multi-Element Footprint

To that end, Nelson has launched a first-pass multi-element soil sampling program across the southern licence area. The program consists of two main lines spaced 200 metres apart, with samples taken every 50 metres. It aims to cover both the copper porphyry/skarn targets and the intrusion-hosted sheeted quartz vein systems that carry gold-silver mineralisation.

Samples are being analysed at ALS Minerals in Reno for a suite of elements including Au, Ag, Cu, Mo, Bi, Te, W, As, Pb, and Zn. Results are anticipated in 6-8 weeks and will be integrated with existing geological mapping, geophysics, and previously reported high-grade gold-silver and copper data.

Dual-Track Exploration Strategy at Gold Point

Nelson’s Non-Executive Chairman Gernot Abl emphasised the significance of the copper oxide discovery as a "useful addition to the copper story at Gold Point." The soil sampling program is designed to map the multi-element footprint and prioritise the next phase of work with discipline.

The program supports Nelson’s dual-track strategy: advancing high-grade gold-silver vein systems, including underground work and drilling at Orleans and related historic mines, while simultaneously evaluating the broader Cu-Mo-Au porphyry and skarn potential of the Sylvania Intrusive Complex.

This integrated approach maximises fieldwork value and positions Nelson to rapidly identify priority drill targets across multiple mineralisation styles.

Historical Context and Project Scale

The Gold Point Project lies within Nevada’s Walker Lane, a prolific structural corridor with over 40 million ounces of gold endowment within a 90-kilometre radius. Historic production at Gold Point includes approximately 75,000 ounces of gold at high grades, mainly from four of fifteen mapped high-grade gold-silver veins.

Nelson’s consolidation of the district under a single owner for the first time in over 140 years enables a camp-scale exploration approach. The project encompasses multiple mineralisation styles: intrusion-hosted gold-silver veins, skarn-style Au-Ag-Cu-W mineralisation, and Cu-Mo-Au porphyry potential.

Next Steps and Market Implications

Nelson will complete the soil sampling grid and await assay results from both soil and representative dump/float samples. These data will be integrated with existing geological and geophysical datasets to refine the district-scale model and prioritise drill targets.

While visual estimates of mineral abundance provide early insights, assay results will be critical to confirm the economic significance of the copper mineralisation. The company’s methodical approach reflects a measured but optimistic step forward in unlocking Gold Point’s copper and gold-silver potential.