Kiimala Trend Yields 122m at 1.52g/t Gold in Nordic’s Latest Data Review
Nordic Resources has confirmed significant historical gold and copper intersections at its newly acquired Kiimala Trend project in Finland, underscoring the project's exploration potential alongside its flagship Kopsa asset.
- Verification of extensive historical drilling data at Kiimala Trend
- Significant gold-copper intersections at Angesneva, Vesipera, and Kiimala prospects
- Ongoing validation to upgrade non-JORC historical resources
- Acquisition of three Finnish gold projects pending shareholder approval
- Strategic complement to Nordic’s existing Kopsa gold-copper project
Context of Acquisition and Project Overview
Nordic Resources Ltd (ASX: NNL) has taken a decisive step in expanding its Finnish gold portfolio by verifying the historical drilling database of the Kiimala Trend gold project. This project is part of a trio of assets being acquired from Northgold AB, a Swedish-listed company, pending shareholder approvals expected by early June 2025. The Kiimala Trend, located in the Middle Ostrobothnia Gold Belt (MOGB) of central Finland, is emerging as a highly prospective gold and copper exploration area, complementing Nordic’s existing Kopsa project.
Significant Historical Intersections Confirmed
The company’s review has highlighted robust historical assay results, particularly at the Angesneva and Vesipera prospects, which host non-JORC-compliant gold resources. Noteworthy drill intersections include 122.4 meters at 1.52 grams per tonne gold and 0.12% copper at Angesneva, and 10.4 meters at 4.93 grams per tonne gold at Vesipera. These results underscore the potential for substantial near-surface mineralisation across multiple prospects within the Kiimala Trend cluster.
Validation and Compliance Efforts Underway
Nordic is actively working to validate the historical resource estimates to bring them into compliance with the JORC (2012) reporting code. This process is critical to unlocking the full value of these assets and will provide the market with updated, compliant resource figures. The company has indicated that validation at Angesneva is nearing completion, with subsequent assessments planned for Vesipera and other prospects.
Strategic Importance Within Nordic’s Regional Gold Strategy
While the Kopsa project remains Nordic’s flagship asset, boasting a JORC-compliant resource of over 814,000 ounces gold equivalent, the Kiimala Trend offers significant exploration upside. Situated just 45 kilometers from Kopsa, Kiimala’s 27-kilometer land package hosts twelve identified gold prospects, eight of which have been drilled with encouraging results. The geological setting along the Raahe-Ladoga suture zone provides a compelling structural framework for orogenic gold mineralisation, enhancing the project’s prospectivity.
Next Steps and Market Implications
Following the anticipated completion of the acquisition, Nordic plans to commence drilling at Kopsa promptly, while continuing exploration and resource validation at Kiimala and the Hirsikangas project. The integration of these assets is expected to strengthen Nordic’s position in Finland’s gold sector, a region noted for its underexplored potential compared to neighboring Sweden. Investors will be watching closely for updated resource statements and early drilling results that could further define the scale and quality of these projects.
Bottom Line?
Kiimala’s validated gold intersections add a promising chapter to Nordic’s Finnish expansion, but the market awaits JORC-compliant resource updates and drilling outcomes.
Questions in the middle?
- When will Nordic complete the JORC validation and resource update for Angesneva and Vesipera?
- What are the planned drilling targets and timelines for Kiimala and Hirsikangas post-acquisition?
- How will the acquisition impact Nordic’s capital allocation and exploration budget in Finland?
