Latest Nelson Resources (ASX:NES) News

Nelson Resources has consolidated the historic Gold Point mining district in Nevada with a 90% stake, unveiling high-grade gold-silver potential and preparing for maiden drilling in Q2 2026. Meanwhile, a strategic partnership with MEGA Resources advances a major drilling program at the Yarri Gold Project in Western Australia.

A takeover premium blew the doors off the Materials board this week, while one discounted equity raise did the opposite. Uranium names kept climbing on real production progress, and rare earths stayed in favour as governments and buyers circle supply.

Nelson Resources has reported exceptional high-grade gold and silver rock chip assays from its Gold Point project in Nevada, confirming extensive mineralisation and setting the stage for maiden drilling in 2026.

Nelson Resources has appointed Australian Surface Drillers to execute an 11,544m drilling program at the Yarri Gold Project, fully funded by MEGA Resources under a $10 million agreement. The first phase targets high-priority zones with results expected soon.

Nelson Resources has secured rights to earn up to 90% of the Gold Point Project in Nevada’s Walker Lane, consolidating a historic high-grade gold-silver district for the first time in over 140 years. Backed by a $3.25 million capital raise, the company plans an aggressive 2026 exploration campaign targeting significant value creation.

Nelson Resources secures regulatory approval for a major 11,544m drilling program at its Yarri Gold Project, with MEGA Resources backing the $10 million funding and operational management.

Nelson Resources confirms high-grade gold assay results at its Yarri Project and partners with MEGA Resources to fully fund and manage development operations.

Nelson Resources has submitted a Program of Work for an extensive drilling program at its Yarri Gold Project, with MEGA Resources set to fully fund operations up to $10 million. Drilling is expected to begin shortly after regulatory approval.

Nelson Resources has entered a pivotal Right to Mine Agreement with MEGA Resources, securing up to $10 million in funding and mining expertise to advance the Yarri Gold Project near Kalgoorlie.

Nelson Resources has confirmed it is in confidential negotiations for a Right to Mine contract, explaining recent unusual trading activity in its shares. The company maintains compliance with ASX disclosure rules while awaiting contract finalisation.

Nelson Resources confirms robust high-grade gold mineralisation at its Yarri Project through re-assay results, reinforcing earlier findings and hinting at broader mineralisation beyond known host rocks.

Nelson Resources reports promising high-grade gold assay results from rock chip samples at its Yarri tenements, revealing new exploration targets and confirming mineralisation beyond known zones.