Socrates Project - Nelson Resources Limited

Socrates ProjectBuggsy2022-02-09T16:52:29+08:00

Socrates Project

Socrates was the Company’s primary listing project and has produced some excellent exploration results.

The Project is located approximately 11km northwest of the south-eastern margin of the Yilgarn Craton, in the Kurnalpi Terrane of the Eastern Goldﬁelds Superterrane. The area is dominated by northwest-trending belts of Archean metasedimentary rocks, maﬁc volcanic and intrusive rocks and large granitic intrusions.

A series of major NNW-oriented shears extend through the Project that separate broad packages of folded Archean rocks and extend south to the Cundeelee Fault which marks the northeast-trending contact between the Yilgarn Craton and the Albany Fraser Orogen.

The Company has conducted a number of successful RC and Diamond drilling programs at Socrates and has defined a 500m target zone striking NNW. This target zone is open on both strike and dip.

Nelson Resources Limited (ACN 127 620 482) - REPLACEMENT PROSPECTUS - BEFORE DOWNLOADING, PRINTING OR VIEWING THE REPLACEMENT PROSPECTUS, YOU MUST CAREFULLY READ THE TERMS SET OUT IN THIS NOTICE. The Replacement Prospectus is an important document that should be read in its entirety. If you have any doubts as to how to deal with it, you should consult your legal, financial or other professional adviser. By accessing the Replacement Prospectus (by clicking on the link below) you acknowledge that you have read and accept the terms set out in this notice. Nelson Resources Limited (Company) lodged the Replacement Prospectus (Replacement Prospectus) with the Australian Securities and Investment Commission (ASIC) for an offer of up to 25,000,000 ordinary fully paid shares at an offer price of $0.20 each, together with 1 free non-renounceable attaching option for every 2 shares subscribed for and issued to raise up to $5,000,000 before costs. Neither ASIC nor ASX Limited, nor any of their officers, take any responsibility for the contents of the Replacement Prospectus. If you are accessing an electronic copy of the Replacement Prospectus, please ensure that you have received the entire Replacement Prospectus accompanied by the relevant Application Form. If you have not, please contact the Company and the Company will send you, for free, either a hard copy or a further electronic copy of the Replacement Prospectus or both. The offer constituted by an electronic version of the Replacement Prospectus is only available to persons receiving an electronic version of the Replacement Prospectus within Australia. The Replacement Prospectus does not constitute an offer in any place in which, or to any person to whom, it would not be lawful to make such an offer. The Corporations Act prohibits any person from passing on to another person the Application Form unless it is attached to or accompanied by a complete and unaltered version of the Replacement Prospectus. The Company will not accept a completed Application Form if it has reason to believe that the Applicant has not received a complete and unaltered copy of the Replacement Prospectus. Any person may obtain a hard copy of the Replacement Prospectus by contacting the Company prior to the Closing Date for the offer. No person is authorised to give any information or to make any representation in relation to the Offer which is not contained in the Replacement Prospectus and any such information may not be relied upon as having been authorised by the Company. By clicking I Agree, you agree to all the above. Continue to Replacement Prospectus.