Nordic Resources Hits Record Gold Grade at Kopsa Northern Zone

Record Gold Grade Unveiled at Kopsa

Nordic Resources Ltd (ASX:NNL) has smashed its previous gold assay records at the Kopsa gold-copper project in Finland, delivering a stunning 1.2-metre intercept grading 105.50 grams per tonne (g/t) gold in hole NRKOP26024. This result, reported on 15 June 2026, marks the highest single gold assay ever recorded at Kopsa and comes from an area previously undrilled except for a late-2025 discovery hole. The standout intercept forms part of a broader 71-metre zone averaging 2.90g/t gold and 0.13% copper, underscoring a substantial new high-grade northern zone beyond the current mineral resource estimate (MRE).

Northern Zone Expansion and Mineralisation Continuity

The two initial holes of Nordic’s 2026 spring drill program targeted extensions to a high-grade zone discovered at the northern contact of the Kopsa tonalite intrusion. Hole NRKOP26024 was drilled 50 metres below the 2025 discovery hole and 60 metres behind it along the same section, successfully intersecting wide mineralised zones with complex stockwork-style veining reminiscent of the higher-grade Central Zone. Meanwhile, hole NRKOP26025, positioned 100 metres east, also returned significant gold-copper intersections, including a 35-metre zone at 0.65g/t gold and 0.20% copper from 230 metres depth, further confirming mineralisation continuity outside the current resource boundary.

These results confirm that the northern higher-grade zone is not an isolated anomaly but potentially part of a broader structural system involving cross-cutting faults and shear zones within the Kopsa intrusive complex. While the exact structural controls remain under investigation, the drill data suggest repeating zones of mineralisation may exist deeper and along strike, providing compelling exploration upside.

Resource Context and Upcoming Update

Kopsa currently hosts a JORC-compliant resource of 23.2 million tonnes at 1.09g/t gold equivalent (AuEq), containing approximately 815,000 ounces AuEq, with 69% classified as Measured and Indicated. The wider Middle Ostrobothnia Gold Belt (MOGB) projects collectively hold over 1.23 million ounces AuEq. Nordic plans to incorporate the 2026 drilling results, alongside pending assays from nine additional holes and metallurgical test outcomes, into an updated resource statement for Kopsa targeted for release in Q3 2026.

Executive Director Robert Wrixon highlighted the significance of the findings: "The excellent intersection from hole 024 confirms that the Central Zone is not the only higher-grade zone at Kopsa and supports the Company’s long-held view that exploration upside remains significant." The company remains well-capitalised with over A$10 million in the bank as of March 2026, underpinning ongoing drilling activities.

Drilling and Permitting Outlook

Following the initial two holes, Nordic completed nine further drill holes testing strike and depth extensions in the northern, southeastern, and southwestern zones at Kopsa, with assay results pending. Drilling is scheduled to recommence in late July with two rigs booked through the end of 2026, aiming to further delineate and expand the resource.

While the Kopsa Mining Concession and associated exploration permits are currently under appeal, no known impediments to mining licence approval or exploration activities exist at this stage. The company continues to monitor regulatory developments closely as it advances the project.