Nordic Resources Revives Drilling at Finland Gold Projects Ahead of Resource Updates

Drilling Resumes to Expand Finnish Gold Footprint

Nordic Resources Ltd (ASX: NNL) has recommenced diamond drilling at its key gold projects in Finland, signalling a renewed push to advance its resource base and exploration understanding. The company is mobilising a diamond rig to undertake approximately 3,000 metres of drilling across the Kopsa and Kiimala Trend projects, with activities expected to run through to May 2026.

This drilling campaign follows encouraging results from the 2025 program at Kopsa, where step-out holes demonstrated continuity of mineralisation beyond existing resource boundaries. The upcoming program will build on these findings with further step-out drilling at Kopsa, alongside maiden drilling at the Kiimala Trend project, which had been deferred last year in favour of Kopsa exploration.

Targeting Resource Growth and Geological Insights

At Kiimala, the focus is on in-fill and extension drilling at the Angesneva deposit, which currently hosts an indicated resource of 147,000 ounces of gold at 1.19 grams per tonne. The program also targets the Vesipera prospect with both in-fill and step-out holes, as well as scout drilling at other untested prospects within the Kiimala Trend. These efforts aim to better define the mineralisation controls and expand the known resource footprint.

Nordic Resources’ portfolio in the Middle Ostrobothnia Gold Belt (MOGB) now boasts a combined JORC-compliant resource of 34.3 million tonnes at 1.11 grams per tonne gold equivalent, equating to approximately 1.23 million ounces of gold equivalent. This includes 1.04 million ounces of contained gold and 38,000 tonnes of copper, with two-thirds of the resource classified in the Measured and Indicated categories, underscoring the quality and potential of these assets.

Strategic Positioning for Near-Term Production

All three major deposits; Kopsa, Kiimala Trend, and Hirsikangas; are near surface and potentially amenable to open pit mining, which could facilitate more cost-effective extraction. The presence of two existing processing plants within the region, including the Pyhasalmi copper-zinc-pyrite plant and the Laiva gold plant (currently on care and maintenance), offers potential pathways for near-term production, either through toll treatment or standalone facilities.

The ongoing metallurgical test work at Kopsa, expected to conclude by mid-2026, will provide updated recovery data critical for refining the Mineral Resource Estimate (MRE). Nordic Resources plans to integrate the new drilling assay results and metallurgical data into updated MREs for both Kopsa and Angesneva by the third quarter of 2026, setting the stage for subsequent development decisions.

Looking Ahead

With drilling underway and resource updates on the horizon, Nordic Resources is positioning itself to capitalise on the exploration upside in Finland’s Middle Ostrobothnia Gold Belt. The combination of solid resource bases, strategic infrastructure, and ongoing exploration success could enhance the company’s profile as a significant gold developer in the region.