Nordic Resources Discovers New High-Grade Gold Zone at Kopsa with Resource Extensions

New High-Grade Zone Emerges at Kopsa

Nordic Resources Limited (ASX:NNL) has wrapped up assay reporting for its inaugural 27-hole diamond drill campaign at the Kopsa gold-copper project in Finland, confirming a new higher-grade 'stockwork' zone at the northern footwall contact. Hole NRKOP25012B intersected a standout 16.9m at 2.71g/t gold and 0.12% copper (2.84g/t AuEq) within a broader 63m interval grading 0.94g/t gold and 0.15% copper, marking the first significant discovery of this mineralisation style outside Kopsa’s established Central Zone. This finding aligns with an electromagnetic conductor plate identified earlier, suggesting depth continuity and a compelling target for follow-up drilling.

Expanding the Mineralised Envelope

Beyond this high-grade pocket, the 2025 drilling program has confirmed multiple mineralised extensions along strike to the southeast, southwest, and west, with much of the new mineralisation lying outside the current block model. These step-out results reinforce the potential to materially expand Kopsa’s footprint, which currently hosts a JORC-compliant resource of 23.2Mt at 1.09g/t AuEq for 814,800 ounces gold equivalent. Notably, 90% of this resource lies within 150 metres of surface, enhancing the prospect of open-pit mining. The company’s broader regional strategy in Central Finland also includes the Kiimala and Hirsikangas projects, bringing the combined resource inventory to 34.3Mt at 1.11g/t AuEq for 1.23Moz AuEq, with two nearby processing plants offering potential near-term production pathways.

This latest batch of assay results and resource context builds on Nordic’s earlier updates, including the final 2025 drill results that first highlighted Kopsa’s extensions and the company’s plans for a resource upgrade in 2026.

Drilling Resumes and Metallurgical Work Advances

Drilling recommenced in March 2026 at the nearby Kiimala Trend gold project, focusing on in-fill and extension drilling at the Angesneva deposit and Vesipera prospect, with assay results expected imminently. The rig has since returned to Kopsa to continue testing the northern intrusive contact and southern step-out zones, with approximately 1,500 metres planned through April and May. Further drilling is scheduled for the second half of 2026, underscoring Nordic’s commitment to delineating and expanding its resource base.

Meanwhile, a metallurgical test program initiated in late 2025 is progressing, aiming to optimise processing flowsheets and recovery rates for Kopsa’s gold-copper mineralisation. Results are anticipated by July 2026, timely for incorporation into the updated Mineral Resource Estimate (MRE) targeted for release in Q3. This metallurgical work is critical to refining project economics and potential processing routes, including the utilisation of existing mills in the region.

Financial Position and Regional Strategy

Nordic Resources closed the March quarter with a cash balance of A$10.6 million, having invested A$1.22 million in exploration activities and maintained modest administrative costs. The company’s financial footing supports ongoing drilling and technical programs across its Finnish portfolio. The Middle Ostrobothnia Gold Belt (MOGB), where Kopsa, Kiimala, and Hirsikangas are located, represents a promising geological extension of known gold trends, with significant exploration upside.

In parallel, Nordic’s Pulju nickel-copper-cobalt project remains a substantial asset, hosting one of Europe’s largest undeveloped nickel-cobalt resources. While this quarterly report focused on gold project progress, the Pulju project’s scale and location within a mining-friendly jurisdiction underpin the company’s diversified base metals exposure.