Nordic Resources Extends Angesneva Gold-Copper-Silver Mineralisation Northward
Nordic Resources has revealed strong drill results at its Angesneva deposit in Finland, confirming wider, higher-grade gold, copper, and silver mineralisation beyond the existing resource boundary to the north.
- Two new drill holes confirm significant mineralisation outside current resource
- Step-out hole extends Angesneva strike 10-25m north with improved grades
- Copper and silver grades incorporated for first time in resource considerations
- Angesneva resource to be updated later in 2026 with new assays
- Further drilling planned in second half of 2026 at Angesneva and nearby prospects
Strong Mineralisation Found Beyond Angesneva’s Northern Boundary
Nordic Resources Ltd (ASX:NNL) has pushed the boundaries of its Angesneva gold deposit in Finland’s Kiimala Trend with two fresh diamond drill holes that reveal a promising extension of gold, copper, and silver mineralisation northwards. The standout step-out hole, drilled 10-25 metres beyond the current resource limit, delivered 70 metres at 1.34 grams per tonne (g/t) gold, 0.18% copper, and 4 g/t silver from 202 metres downhole, including a higher-grade 21 metres at 2.23 g/t gold and 0.25% copper. This result challenges previous assumptions that mineralisation might be waning in this direction, instead showing improved grades and widths compared to surrounding resource blocks.
In-fill Drilling Validates Historical Data and Adds By-product Potential
The in-fill hole drilled near the deposit’s core confirmed continuity with historical drilling, intersecting 84 metres at 1.07 g/t gold, 0.11% copper, and 3 g/t silver, including a 6-metre section grading 4.29 g/t gold and 0.27% copper. Importantly, these assays are the first to systematically incorporate copper and silver grades, which were previously excluded from resource calculations. This suggests the metal endowment of Angesneva could be materially higher when these by-products are factored in.
Resource Update and Further Drilling Planned for 2026
Currently, Angesneva holds an Indicated resource of 3.85 million tonnes at 1.19 g/t gold for 147,000 ounces, but Nordic Resources plans to update this estimate later in 2026. The update will include re-assays of historical core to fill gaps in copper and silver data, alongside the new drilling results. The company also anticipates further step-out drilling in the second half of the year to test the northern strike extension and other targets within the Kiimala Trend, a district hosting twelve known gold prospects.
Kiimala Trend Positioned as a Growing Gold District
Angesneva sits just 40 kilometres north of Nordic’s flagship Kopsa gold-copper project, which boasts a much larger resource of 23.2 million tonnes grading 1.09 g/t gold equivalent for over 814,000 ounces. The Kiimala Trend, including prospects like Vesipera and Angeslampi, is emerging as a significant gold district in the Middle Ostrobothnia Gold Belt. Recent drill results from Vesipera have also confirmed strong gold zones, underscoring the region’s exploration potential. Together, these projects form the backbone of Nordic’s regional gold strategy in Finland.
Management Sees Clear Growth Pathway
Executive Director Robert Wrixon highlighted the unexpected strength of the northern extensions and the potential to grow metal content through copper and silver by-products. He emphasised that the Kiimala area will remain a focus for exploration, with multiple shallow gold intersections at other prospects awaiting modern drilling. This reflects Nordic’s ambition to delineate a mini gold district alongside Kopsa, which could enhance the company’s resource inventory and project economics.
Bottom Line?
Angesneva’s northern strike extension and inclusion of copper and silver open new avenues for resource growth and value uplift in 2026.
Questions in the middle?
- How will the updated resource incorporating copper and silver impact Angesneva’s project economics?
- What scale and timing can investors expect for the planned second half 2026 drilling campaign?
- Could the northern extension at Angesneva connect with other nearby prospects to form a larger continuous deposit?
