Nelson Resources Limited’s Yarri Project Delivers High-Grade Gold Assays (8+ g/t) and Uncovers New Exploration Targets for Growth Prospects

Monday, June 23, 2025
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8:22 am
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Nelson Resources Limited reports promising early results at its Yarri Project, with rock chip samples returning high-grade gold exceeding 8g/t. Re-assays are underway as new geological targets are unveiled, suggesting expanded exploration potential for this promising, early-stage gold project.

Nelson Resources Limited has released promising initial rock chip sampling results from its 100% owned Yarri Project located approximately 140 km northeast of Kalgoorlie. The reconnaissance work focused on the Hidden Treasure and Gibberts Prospects has identified high-grade gold values in quartz veins hosted within both the monzogranite and the previously under-recognised mafic volcanic units. At the Hidden Treasure Prospect, rock chip samples from areas featuring millimetre- to centimetre-scale quartz veins in sheared and sericitised monzogranite returned gold values in excess of 8 g/t. Samples exhibiting notably high results—such as one recording 8.74 g/t Au—are currently being re-assayed because they exceeded the analytical detection limit. Similarly, sampling at Gibberts Prospect identified anomalous gold mineralisation; one sample from a quartz vein in silicified and sheared mafic rocks also yielded an 8.6 g/t Au result, while another sample from a brecciated lamprophyre dike showed gold mineralisation associated with quartz veining along its sheared contact. Company management highlighted that these findings not only reaffirm the presence of quartz vein-hosted gold within the Yarri Monzogranite but also indicate that gold mineralisation may extend into adjacent country rocks. The unexpected identification of mineralised veins within sheared mafic volcanic units and the association with lamprophyre dikes suggests that there could be additional exploration targets across the project area. Pending the re-assay results, the company is set to evaluate further fieldwork options to delineate these new potential mineralisation trends. The technical indicators reported, including sample placements using precise GPS coordinates and their documentation against the standard JORC methodology, add credibility to the initial findings. The new lithological associations observed, particularly outside the previously recognised granite-hosted mineralisation, open the possibility for revising current exploration models and targeting broader areas within the Yarri tenements. Sentiment regarding the announcement remains mixed. On the bullish side, the detection of exceptionally high-grade gold values and the identification of new mineralisation controls are positive signs that could expand the resource potential of the project. However, caution is warranted due to the early-stage nature of the results and the reliance on pending re-assays to confirm the over-limit assay values. For beginner traders, these developments highlight both the exploration upside and the inherent risks associated with early-stage mineral discoveries.

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