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The latest update is out from Nelson Resources Ltd. ( (AU:NES) ).
Nelson Resources has mobilised field teams to its Gold Point gold-silver project in Nevada to begin detailed geological mapping and structural surveys over priority targets near historic high-grade mines. The program is designed to collect structural, alteration and lithological data, which will be integrated with geophysical surveys into a 3D geological model.
The work aims to define the lateral extent of multiple mineralisation styles and refine drill targets ahead of a maiden drilling campaign planned for the June quarter of 2026. By focusing on areas around historic high-grade production and newly identified gold-silver occurrences, the company is seeking to fast-track drill collar positioning and unlock the broader potential of what it views as a large-scale magmatic-hydrothermal system.
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. is an ASX-listed mineral exploration company focused on high-grade gold and silver projects, with a key asset at the Gold Point Project in the Walker Lane district of Nevada, a Tier-1 mining jurisdiction. The project spans 31 square kilometres near the historic town of Gold Point, an area with significant regional gold endowment and multiple untested mineralisation styles, including skarn and porphyry targets.
Current Market Cap: A$12.32M
For a thorough assessment of NES stock, go to TipRanks’ Stock Analysis page.