Nelson Resources Limited announced that it has applied for tenement E28/3210 which is encapsulated within the Company's Woodline project further increasing its consolidation. The 35 km² tenement, containing the Tyler prospect, includes a substantial portion of the historic SIPA /Newmont Woodline Project (where the prospect was known as Leucippus). When this tenement is granted, the Company will have consolidated 1220 km2 of the Woodline Project.

The Woodline Project was previously explored by Sipa Resources, the Sipa-Newmont JV and MRG Metals, and is located on the southern end of the Albany-Fraser Province. The Woodline tenure includes a 20km long geochemical anomaly (Image 1) that has the potential to produce a Tropicana-scale gold deposit. Expenditure within the Woodline Tenure by the previous explorers along with the Company is approximately $18 million.

The Company is also pleased to announce it is commencing an approximately 800 station 40 line km passive seismic program at its Tempest Project. This program is designed to map the depth of cover at Tempest to better guide its drilling program planned for the end of the 2rd Quarter (May /June). This passive seismic program will map the extension of the paleochannel IGO/Rumble Resources have previously focused their drilling efforts.

In addition a geological structure to the southeast of the paleochannel will be targeted. The Company has also initiated a hyperspectral data review at its Fortnum program. It is anticipated that the hyperspectral data may highlight gold bearing rock types identified during recent site visits.

This will assist in the design of the Company's drill program planned for the 3rd quarter (July /August). Tenement E28/3159: Geology: The Tyler prospect sits on the contact between interpreted mafic volcanic and andesite in a north-west trending zone of Archean rocks. These rocks have been deformed in both Archean and the Albany-Fraser orogenic episodes.

Tenement E28/3210: Targets and future work. The primary target on the tenement is to follow-up previous drilling completed by the Sipa-Newmont JV in a poorly understood geological environment. Nelson intends to complete geological interpretation and planning of exploration programs in the period up to the grant of the project and then, subject to permitting, will commit to a drilling program to test existing results.