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Nelson Resources Ltd. ( (AU:NES) ) has shared an update.
Nelson Resources Limited has announced a strategic acquisition of the Gold Point Project in the Walker Lane District, Nevada, marking the first time in 140 years that the district is consolidated under a single owner. This acquisition allows Nelson to earn up to a 90% interest in the project, which includes historic production of high-grade gold and silver. The company plans to initiate an aggressive exploration program, supported by a successful capital raising of $3.25 million, positioning itself for significant value creation in 2026.
More about Nelson Resources Ltd.
Nelson Resources Limited (ASX: NES) operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the acquisition and exploration of gold and silver projects, with a market focus on high-grade mining opportunities in tier-1 jurisdictions.
Average Trading Volume: 45,913,846
Current Market Cap: A$17.57M
Learn more about NES stock on TipRanks’ Stock Analysis page.