Nordic Resources (ASX:NNL) confirms gold potential at Hirsikangas as strategic review concludes

As Nordic Resources (ASX:NNL) continues to expand its presence in Finland’s gold rich Middle Ostrobothnia region, the company has now verified key data at the Hirsikangas Project.

This marks the third and final asset under review in its recent acquisition campaign.

Executive Director Rob Wrixon answers questions on what this means for the company’s regional strategy and long term exploration plans.

What makes the Hirsikangas Project a compelling addition to Nordic’s gold portfolio?

Hirsikangas further strengthens our dominant position in the Ostrobothnia Gold Belt and marks the third and final project in our recent gold acquisition program to be reviewed, following the Kopsa and Kiimala Trend projects.

Verification has confirmed that gold mineralisation at Hirsikangas begins at surface and continues at depth, with broad zones intersected in historical drilling.

Notably, the project lies along a 10 kilometre magnetic anomaly, of which only the northwestern 2.5 kilometre section has seen meaningful drilling, leaving approximately 75 percent of the strike essentially untested.

Its proximity to Kopsa and Angesneva, located within 60 kilometres, is also strategic as those two projects already contribute to a combined 961800 ounces of gold equivalent.

“The addition of Hirsikangas not only consolidates our regional footprint but also enhances our pipeline of quality projects located close to potential infrastructure solutions.”

Can you provide more detail on the gold intercepts encountered at Hirsikangas?

The main prospect area at Hirsikangas features an impressive array of intercepts.

Some of the broader near surface intersections include 71.3 metres at 1.12 grams per tonne gold from 7.3 metres in hole R317, 44.2 metres at 1.45 grams per tonne from 12.7 metres in BELHIRSI005, and 61.2 metres at 1.28 grams per tonne from 37.8 metres in R324.

These wide zones are complemented by deeper intercepts that demonstrate down dip continuity, such as 80.2 metres at 1.71 grams per tonne from 110.6 metres in R316, 74.8 metres at 1.00 grams per tonne from 89.5 metres in R322, and 25.0 metres at 1.44 grams per tonne from 259.0 metres in HIR007.

Additionally, higher grade zones have been identified outside the main area, including 7.3 metres at 4.78 grams per tonne from 48 metres in BELHIRSI030 within a parallel structure, and 3.5 metres at 4.84 grams per tonne in R3 at the Hanni prospect.

“These results collectively confirm both near term development potential and strong exploration upside.”

What kind of exploration upside exists beyond the main Hirsikangas prospect?

There is considerable upside both along strike and in parallel structures.

While the bulk of historical drilling has focused on just 2.5 kilometres of the main magnetic trend, scout drilling and boulder sampling suggest that mineralisation extends southeast for another 7.5 kilometres.

This underexplored zone includes the Hanni and Hanni SE prospects, which have returned promising intercepts from isolated drilling such as 5.1 metres at 3.19 grams per tonne and 5.0 metres at 0.77 grams per tonne.

We have also confirmed gold mineralisation within a parallel shear zone roughly 200 metres northeast of the main prospect.

Drilling in this area has returned 23.1 metres at 1.67 grams per tonne, including 7.3 metres at 4.78 grams per tonne.

Although this zone has only seen limited drilling, it aligns well with structural and geophysical interpretations indicating its potential to host additional resources.

The presence of gold bearing boulders and soil anomalies across the tenements further reinforces the underexplored nature of this system.

Importantly, we control the entire 10 kilometre trend, providing us with both flexibility and scale.

How does Hirsikangas fit into Nordic’s broader strategy in Finland?

Kopsa, Kiimala Trend and Hirsikangas are all located in central Finland’s Middle Ostrobothnia Gold Belt, and together they represent a strategic cluster of advanced near surface gold assets.

Kopsa is currently our most advanced project, containing a JORC compliant total of 814800 ounces of gold equivalent based on gold and copper content.

The Kiimala Trend hosts 147000 ounces of gold at Angesneva, which is just one of twelve identified prospects in that area.

Hirsikangas is now being integrated into our portfolio with the objective of establishing its own JORC compliant Mineral Resource Estimate.

The close proximity of all three assets allows for potential development synergies, including either standalone or centralised processing options.

There are already two existing processing facilities in the region, the 2.2 million tonne per annum Laiva plant, currently on care and maintenance, and the 1.4Mtpa plant at Pyhasalmi.

“With our expanding regional footprint, we are creating valuable optionality and positioning Nordic as one of the most active gold explorers in the belt.”

What are the next steps following this verification work at Hirsikangas?

Having verified the historical drilling data and confirmed substantial mineralisation, our immediate focus is on compiling a JORC 2012 compliant Mineral Resource Estimate for the main prospect at Hirsikangas.

This work involves reviewing the existing historic block model, validating quality assurance and quality control protocols, and updating our geological interpretations.

Once these elements are finalised, we aim to report a maiden JORC 2012 resource to the market.

Beyond the resource estimate, our team is turning its attention to the untested 7.5 kilometre section of the magnetic trend and associated parallel structures.

With encouraging early indicators from the Hanni and Hanni SE prospects, our goal is to define new drill targets and continue expanding the project’s resource footprint.

These efforts will allow us to keep adding value through discovery while concurrently advancing our existing portfolio of assets.

Final Remarks: Establishing a Foundation for Growth

With verification now complete, Hirsikangas emerges as a high quality addition to Nordic Resources gold strategy in Finland.

The combination of near surface gold, regional infrastructure proximity, and multiple exploration targets across a 10 kilometre trend makes this a project with both development appeal and discovery potential.

The upcoming maiden resource will mark a key step forward, positioning Hirsikangas as an integral part of Nordic Resources growing regional gold portfolio.

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