Nordic Resources Verifies Robust Gold Mineralisation at Hirsikangas Project

Context and Verification

Nordic Resources Ltd (ASX – NNL) has completed a comprehensive review and verification of the drilling database at its recently acquired Hirsikangas gold project in Finland. This project, the third of three acquisitions in the Middle Ostrobothnia Gold Belt, has revealed substantial gold mineralisation from historical drilling campaigns, confirming the project's advanced stage and promising exploration upside.

The verification covered 92 diamond drill holes totaling 11,400 metres, predominantly focused on a 2.5km strike length at the main Hirsikangas prospect. The review confirmed wide zones of gold mineralisation starting near surface, with some intersections exceeding 70 metres at grades above 1g/t gold, including standout deeper intercepts such as 80.2m at 1.71g/t Au.

Exploration Upside and Geological Setting

Hirsikangas lies along a 10km magnetic anomaly within the Himanka Volcanic Belt, of which approximately 75% remains largely unexplored. The project hosts multiple prospects, including parallel mineralised structures 200 metres northeast of the main zone, which have yielded encouraging drill results outside the current resource envelope.

The geological setting is typical of Paleoproterozoic orogenic gold systems, with mineralisation hosted in felsic schists and associated shear zones. This structural complexity, combined with limited historical exploration along much of the strike, suggests significant potential for resource growth through further drilling.

Resource Development and Regional Synergies

Nordic Resources is actively compiling a maiden JORC (2012) compliant Mineral Resource Estimate (MRE) for Hirsikangas, aiming to upgrade the historical non-compliant resource and provide a robust foundation for future development. This initiative complements the company’s existing Finnish gold portfolio, notably the nearby Kopsa and Kiimala Trend projects, which collectively hold near-surface combined resources of approximately 27 million tonnes at 1.11g/t gold equivalent, equating to nearly 1 million ounces of gold equivalent.

The proximity of these projects within 75km of each other offers operational synergies, including potential shared infrastructure and processing options. Existing processing plants in the region, though currently underutilised, could provide near-term pathways to production.

Strategic Outlook

Nordic’s Executive Director Robert Wrixon emphasised the company’s focus on advancing the Kopsa gold-copper project while recognising the enhanced value and exploration potential at Hirsikangas. The confirmation of substantial near-surface mineralisation and the identification of multiple exploration targets along the extensive strike length underscore the project’s strategic importance.

With the maiden JORC resource estimate underway and further drilling planned to test extensions and parallel structures, Nordic Resources is positioning itself to unlock significant value from its Finnish gold assets.