Nordic Resources (ASX:NNL) confirms high grade gold at Kopsa

Nordic Resources (ASX:NNL) has released assay results from the first four holes drilled at its Kopsa gold copper project in Finland, part of a planned 5,000 metre diamond drilling program underway across the Middle Ostrobothnia Gold Belt.

The results indicate that shallow, higher grade mineralisation in the Central Zone extends beyond the current resource model, while deeper drilling has improved the interpretation of electromagnetic anomalies that may point to additional mineralised zones at depth.

Highlights

• Assays received for four diamond drill holes totalling 652 metres.

• Infill drilling in the Central Zone confirmed and extended near surface mineralisation.

• Notable intersections include:

  • 41m at 1.98 g/t gold and 0.26% copper from 35m, including 9m at 3.43 g/t gold and 0.29% copper.

  • 39m at 1.71 g/t gold and 0.10% copper from 28m, including 19m at 2.68 g/t gold and 0.07% copper.

• Two deeper extension holes identified additional mineralisation beneath the main shear zone and clarified the orientation of a key electromagnetic conductor.

• Kopsa hosts a JORC 2012 Resource of 23.2 million tonnes at 1.09 g/t gold equivalent for 814,800 ounces gold equivalent, with 69 percent in the Measured and Indicated categories.

Kopsa is a near surface gold copper system hosted within an intrusive tonalite body and adjacent metasedimentary rocks, with much of the established resource occurring at shallow depths and considered amenable to potential open pit development, and the initial drilling focus has therefore been on confirming continuity and upgrading geological confidence.

The first two holes in the program were aimed at resource infill and metallurgical sample collection in the Central Zone, and both returned wide intervals of higher grade gold mineralisation beginning at shallow depths, with deeper sections intersecting mineralisation beyond the limits of the current block model.

These intersections are expected to contribute additional shallow ounces in a future resource update, while the two deeper extension holes targeted the position of a fixed loop electromagnetic anomaly that had previously been interpreted as shallow dipping.

Borehole survey data and drill intersections now suggest the conductor dips steeply and aligns with the northern contact between the tonalite and surrounding metasediments.

Mineralisation within this footwall contact zone had been relatively untested before this program.

Confirmation that the footwall tonalite hosts gold and copper adds a new structural and geological dimension to ongoing drill planning.

Nordic Resources Executive Director, Robert Wrixon, stated:

“Our two metallurgical sampling holes in Kopsa’s Central Zone have not only confirmed the shallow, higher-grade gold mineralisation in this area but have also extended the mineralised envelope beyond the current extent of the resource block model. Potentially even more valuable going forward is the early information gathered from the two deeper extension holes, which has provided a clearer understanding of the interpreted EM anomalism and is already being used for drill targeting.”

Drilling will continue to test strike extensions with shallower step-out holes while selectively following deeper targets along the revised conductor geometry.

Further assay results are expected on a rolling basis through the first quarter of 2026, with a resource update planned once new drilling and metallurgical analysis have been incorporated.

The program reflects incremental, evidence-based expansion rather than step-change discovery, but the reinterpretation of deeper geophysical structures introduces potential for continued resource growth beyond the currently defined Central Zone.