16 September 2005

                              EXERCISE OF OPTIONS                              

Nelson Resources Limited (the "Company") received notification on September 16,
2005 of the exercise of options in the Company's common shares of USD$0.01
("Common Shares"), and subsequent sale of these shares, by a number of
directors of the company. All options were exercised and sold on September 15,
2005.

Nick Zana, Chairman and Chief Executive Officer, exercised 925,400 options at
an exercise price of Cdn$0.67 and subsequently sold the shares at a price of
Cdn$2.8177. Following the transaction, Mr. Zana's interest in the Company
totals 18,730,541 remaining options amounting to 2.1% of the Company's total
outstanding Common Shares and options.

Baltabek Kuandykov, President, exercised 2,000,000 options at an exercise price
of Cdn$0.40 and subsequently sold the shares at a price of Cdn$2.8177.
Following the transaction, Mr. Kuandykov's interest in the Company totals
154,208,994 Common Shares and 7,250,000 remaining options amounting to 17.7% of
the Company's total outstanding Common Shares and options.

Aziz Ait-Said, a non-executive director, exercised 400,000 options at an
exercise price of Cdn$1.45 and subsequently sold the shares at a price of
Cdn$2.8177. Following the transaction, Mr Ait-Said's interest in the Company
totals 600,000 remaining options amounting to 0.07% of the Company's total
outstanding Common Shares and options.

Gilles Thieffry, a non-executive director, exercised 333,333 options at an
exercise price of Cdn$1.45 and subsequently sold the shares at a price of
Cdn$2.8177. Following the transaction, Mr. Thieffry's interest in the Company
totals 333,334 remaining options amounting to 0.04% of the Company's total
outstanding Common Shares and options.

For further information, please contact:
----------------------------------------
Fred Hodder, Nelson Resources Limited     Tel: 020 7495 8908
                                          fhodder@nelsonresources.co.uk

END

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