Resource Growth at Kopsa Raises Questions on Project Priorities and Timelines
Nordic Resources has revealed substantial new gold-copper mineralisation at its Kopsa deposit in Finland, with recent drilling extending the resource well beyond previous boundaries. The company plans to ramp up drilling through December, deferring other projects to capitalise on this momentum.
- Three new drill holes confirm significant gold-copper extensions southwest of Kopsa
- High-grade shallow zones discovered outside current resource limits
- Deeper mineralisation extends up to 130m beyond existing block model
- Drill program expanded to 6,000m through December 2025
- Kiimala project drilling deferred to 2026 to focus on Kopsa
Context and Significance
Nordic Resources Ltd (ASX – NNL) has reported compelling assay results from its ongoing diamond drilling campaign at the Kopsa gold-copper deposit in Finland’s Middle Ostrobothnia Gold Belt. The latest three holes have not only confirmed the continuity of mineralisation but have significantly extended the known gold and copper zones to the southwest, well beyond the current resource boundaries.
This development is particularly noteworthy given Kopsa’s existing JORC-compliant resource of 23.2 million tonnes at 1.09 grams per tonne gold equivalent (AuEq), containing approximately 815,000 ounces of gold equivalent. The new drilling results suggest that this resource base could expand materially, reinforcing Kopsa’s status as a flagship asset within Nordic’s portfolio.
Details of the Drilling Results
The three holes reported include one infill hole within the existing resource and two step-out holes targeting extensions to the southwest. The step-out holes revealed new shallow mineralised zones with impressive grades, such as 13 meters at 2.81 g/t gold and 0.13% copper, including a standout 1 meter intercept grading 31.9 g/t gold. These shallow zones were previously unknown and lie well outside the current resource envelope.
Below these shallow zones, the drilling intersected consistent mineralisation over wide intervals, extending up to 130 meters beyond the current block model. For example, one hole returned 59 meters at 0.85 g/t gold and 0.15% copper, underscoring the potential for substantial resource growth at depth.
Strategic Implications and Next Steps
In response to these encouraging results, Nordic Resources has decided to extend its drilling program at Kopsa to approximately 6,000 meters through the end of December 2025. This expansion reflects management’s confidence in the deposit’s growth potential and the strategic priority placed on Kopsa over other projects.
Consequently, drilling at the Kiimala gold project, initially planned for this year, has been deferred until 2026. This shift allows the company to focus resources and operational efforts on unlocking further value at Kopsa, where the continuity and scale of mineralisation are becoming increasingly evident.
Broader Resource Context
Beyond Kopsa, Nordic’s Middle Ostrobothnia Gold Belt portfolio holds a combined resource of 34.3 million tonnes at 1.11 g/t AuEq, equating to 1.23 million ounces of gold equivalent. Approximately two-thirds of this inventory is classified in the Measured and Indicated categories, providing a solid foundation for future development and potential mine planning.
The company plans to update the Kopsa resource estimate in 2026 to incorporate the latest drilling and metallurgical data, which could further enhance the deposit’s economic profile.
Management Commentary
Executive Director Robert Wrixon expressed enthusiasm about the results, highlighting the “substantial extensions” to mineralisation and the ongoing potential at Kopsa. He emphasized the company’s commitment to continuing drilling and delivering regular assay updates to the market, signaling a transparent and active exploration campaign.
Bottom Line?
With Kopsa’s resource boundaries expanding and drilling intensifying, Nordic Resources is positioning itself for a pivotal resource update that could reshape its project pipeline and market valuation.
Questions in the middle?
- How will the expanded drilling program impact the timing and scale of the next resource update at Kopsa?
- What are the potential economic implications of the newly discovered high-grade shallow zones?
- How might deferring Kiimala drilling affect Nordic’s broader exploration strategy and investor sentiment?
