Uncertain Scale of Vesipera Mineralisation Despite Encouraging Drill Intersections

Significant Gold Intersections Boost Vesipera Prospect

Nordic Resources Ltd (ASX:NNL) has reported a compelling start to its 2026 exploration campaign in Finland, with six new diamond drill holes at the Vesipera prospect delivering multiple high-grade and broad gold intersections. Highlights include 1.9 metres at 13.8 g/t gold from 29.1 metres, including a blistering 0.9 metres at 28.5 g/t, alongside wider zones of lower-grade mineralisation extending to 25.1 metres at 0.7 g/t. These results not only confirm historical drilling but expand the known mineralised footprint, underscoring Vesipera’s emerging role within the Kiimala Trend project area.

Step-out drilling successfully tested extensions along strike and at depth, with the twin hole NRVES26005 validating historical results using modern quality controls. The mineralisation remains open, particularly on the eastern side of the mafic-intermediate intrusive unit, suggesting further growth potential. The company is now updating its drilling database with these new intersections to assess readiness for a maiden JORC (2012) compliant resource estimate later this year.

Kiimala Trend’s Growing Gold District Ambitions

Vesipera sits just 2.5 kilometres from the Angesneva deposit, which already hosts an indicated resource of 147,000 ounces of gold. Together with the Kopsa gold-copper project; boasting a robust 814,800 ounces of gold equivalent within a 23.2 million tonne resource; these assets form the backbone of Nordic’s regional gold strategy in the Middle Ostrobothnia Gold Belt (MOBG). The Kiimala Trend itself contains twelve known gold prospects, eight of which have returned significant gold intersections, positioning the area as a nascent gold mini-district.

Drilling at Kiimala has recently extended beyond Vesipera, with assays pending from the Angesneva deposit and ongoing step-out drilling around the flagship Kopsa project. This activity aligns with Nordic’s ambition to grow its resource inventory well beyond the current 1.23 million ounces gold equivalent across its three core MOBG projects. The company’s recent drilling campaign was highlighted in earlier reports, including a 3,000m diamond drilling program targeting both Vesipera and Angesneva, and a new high-grade zone at Kopsa that underscores ongoing resource expansion potential.

Geological Setting and Exploration Methodology

The Kiimala Trend’s gold mineralisation is structurally controlled within a Paleoproterozoic suture zone, with mineralisation hosted predominantly in plagioclase porphyry and related intrusive rocks. Gold occurs mainly as native gold associated with arsenopyrite and chalcopyrite, with copper and silver as potential by-products. Nordic’s drilling employed oriented diamond core techniques, ensuring high-quality geological and structural data to support resource modelling.

The recent Vesipera drill holes were strategically designed to intersect mineralised zones near-perpendicular to their dominant orientation, minimising sampling bias. Assay results were rigorously quality controlled, with twin holes drilled to verify historical data. The company also drilled scout holes at peripheral prospects Pokkyla and Paaneva, which yielded minor gold results but warrant further follow-up.

Resource Inventory and Next Steps

Nordic’s combined resource inventory across its MOBG projects now totals 34.3 million tonnes at 1.11 g/t gold equivalent, containing over 1.04 million ounces of gold and 38,000 tonnes of copper. Approximately two-thirds of this inventory is classified in the measured and indicated categories, reflecting a solid foundation for development planning.

With Vesipera’s new drill results in hand, Nordic is poised to compile a maiden JORC (2012) resource estimate for the prospect. Meanwhile, assays from recent Angesneva drilling and ongoing work at Kopsa will feed into comprehensive resource updates planned for the second half of 2026. The company’s Executive Director, Robert Wrixon, emphasised Vesipera’s potential to add meaningful ounces to the regional inventory, complementing the flagship projects and supporting the vision of a growing gold district along the Kiimala Trend.