Latest Nelson Resources (ASX:NES) News

Nelson Resources has kicked off its maiden underground drilling at the historic Orleans Mine in Nevada, aiming to unlock high-grade gold-silver veins with improved precision and lower costs.

Battery tech, biotech and balance-sheet repair drove the biggest gains this week, while guidance cuts and weak post-halt trading hurt several names. Deal-making and fresh equity funding stayed busy, especially in rare earths, defence and gold.

Coal, gold and critical minerals names drove the biggest share moves this week, but strong project news did not always lead to lasting gains. Several stocks jumped on funding, deals and study results, while others gave back early gains as traders locked in profit or worried about dilution.

Nelson Resources has begun mobilising drilling crews for its maiden underground program at the high-grade Orleans Mine in Nevada, leveraging restored underground access to enhance targeting precision and reduce costs.

Nelson Resources has kicked off reconnaissance exploration at its newly staked Cinnamon Tungsten Property in Nevada, aiming to leverage its proximity to Guardian Metal's US Department of Defense-backed Pilot Mountain Project.

Nelson Resources has staked 186 federal claims forming the Cinnamon Property in Nevada, directly adjoining Guardian Metal's Pilot Mountain tungsten project, positioning itself in a critical US mineral district amid soaring tungsten prices and supply concerns.

Capital raisings, resource updates and Medicare news drove the week’s biggest share moves. The sharpest gains came from silver and tungsten juniors, while the heaviest fall came from a deeply discounted equity raising.

Nelson Resources has staked 186 claims forming the Cinnamon Property in Nevada, next to Guardian Metal's Pilot Mountain tungsten project, positioning itself in a strategic US critical minerals district amid soaring tungsten prices and supply concerns.

Nelson Resources has completed underground rehabilitation at the historic Orleans Mine in Nevada, setting the stage for its maiden underground drilling program targeting high-grade gold-silver veins.

Nelson Resources has expanded its footprint at Gold Point, Nevada, confirming multiple high-grade gold-silver mineralisation styles and staking additional claims ahead of its maiden underground drilling program.

Nelson Resources has expanded its footprint at the Gold Point Project with new high-grade gold-silver veins and prepared for maiden drilling, while unlocking significant development potential at Yarri through mining lease grants and a $10 million funding deal.

Nelson Resources has initiated rehabilitation at the Orleans Mine within its Gold Point Project, setting the stage for a maiden underground drilling campaign in Q3 2026 aimed at unlocking high-grade gold-silver veins.