Latest Nelson Resources (ASX:NES) News

Nelson Resources has obtained key mining leases at its Yarri Gold Project, unlocking expansion potential in high-grade zones and securing up to A$10 million in funding from MEGA Resources to fast-track development.

Drilling wins, funding deals and takeover activity drove a busy week in materials stocks. Big moves came from early-stage explorers, while larger producers won support with cash flow, mine life and deal-making.

Nelson Resources has secured a Native Title and Mining Agreement with the Nyalpa Pirniku People, clearing a key hurdle for mining leases at the Yarri Gold Project near Kalgoorlie. MEGA Resources will fully fund up to A$10 million in initial development, accelerating the project towards a mining decision.

Nelson Resources has initiated advanced geophysical surveys at its Gold Point Project in Nevada, aiming to unlock extensions of historically rich gold and silver veins ahead of maiden drilling in Q2 2026.

Nelson Resources has identified high-grade gold and silver mineralisation in intrusion-hosted veins at its Gold Point Project in Nevada, with rock chip samples reaching up to 15.1g/t gold. The discovery expands the known mineralised footprint and sets the stage for maiden drilling in Q2 2026.

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.