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Nelson Resources Ltd. ( (AU:NES) ) has shared an update.
Nelson Resources has reported spectacular high-grade rock chip assay results from its Gold Point project in Nevada, with gold grades up to 32.7 g/t and silver up to 574 g/t, validating historic sampling and confirming that the WNW-trending gold-silver vein systems extend for at least 2 km along strike. The company is now preparing detailed surface and underground mapping and systematic sampling to refine high-priority drill targets, with discussions underway with drilling contractors ahead of a maiden drilling program planned for the second quarter, underscoring the project’s potential to materially enhance Nelson’s exploration profile in a globally significant gold-silver district.
The most recent analyst rating on (AU:NES) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Nelson Resources Ltd. stock, see the AU:NES Stock Forecast page.
More about Nelson Resources Ltd.
Nelson Resources Ltd. (ASX: NES) is a mineral exploration company focused on high-grade gold and silver projects, with a growing presence in the Tier-1 mining jurisdiction of Nevada, USA, particularly within the prolific Walker Lane district near major discoveries such as AngloGold Ashanti’s Arthur gold project.
Current Market Cap: A$13.69M
See more insights into NES stock on TipRanks’ Stock Analysis page.