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Nelson surges on high-grade gold

PETER Cook’s low-profile Western Australian explorer Nelson Resources sparked a bit of interest in the market yesterday with hits up to 69.9 grams per tonne gold from drilling at the Yarri prospect, north of the 2.3 million ounce Carosue Dam mine.

Haydn Black
Yarri and Socrates are two of Nelson's areas of focus.

Yarri and Socrates are two of Nelson's areas of focus.

Shares in the company surged 25% in trading yesterday to 15c, its highest level since November.   The company, worth around $6.8 million, listed in December 2017 with $5 million cash and had about...

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