Nordic Resources (ASX:NNL) delivers strong first Kiimala drill results at Vesipera

Nordic Resources has reported the first drill results from its maiden 2026 program at the Kiimala Trend project in Finland, with initial drilling significantly expanding gold mineralisation at the Vesipera prospect located 40km north of the company’s flagship Kopsa gold-copper project.

The maiden program comprised nine holes for 1,116m of diamond drilling, including six holes at Vesipera, two scout holes at Pokkyla and one scout hole at Paaneva.

Highlights

Assay results from all six new holes drilled at Vesipera confirmed significant gold intersections

High-grade results included 1.9m @ 13.8g/t Au and 0.22% Cu from 29.1m, including 0.9m @ 28.5g/t Au and 0.04% Cu from 30.1m

Broader mineralised zones included 15.6m @ 0.93g/t Au and 0.03% Cu from 93.6m and 25.1m @ 0.70g/t Au and 0.02% Cu from 139.1m

Vesipera is located next to the existing 147koz Au Angesneva deposit

The company intends to assess whether the updated drilling database can support a maiden JORC (2012) compliant resource estimate at Vesipera later in 2026

Drilling at Angesneva has been completed, with assays expected in coming weeks

Step-out drilling to the SW, SE and north of the 815koz AuEq Kopsa deposit remains ongoing

Three of the six new holes at Vesipera were drilled to target depth extensions to the east along existing drill profiles, while NRVES26004 tested potential shallow extensions to the west, NRVES26005 was a twin hole designed to confirm historical assay results using modern QA/QC and NRVES26006 tested potential strike extensions to the south, with the company stating all Vesipera holes successfully delivered significant intersections.

Hole NRVES26001 returned multiple significant intersections including 1.9m @ 13.8g/t Au and 0.22% Cu from 29.1m, including 0.9m @ 28.5g/t Au and 0.04% Cu from 30.1m.

The same hole also returned 15.6m @ 0.93g/t Au and 0.03% Cu from 93.6m and 25.1m @ 0.70g/t Au and 0.02% Cu from 139.1m.

At NRVES26002, Nordic reported 2.55m @ 1.90g/t Au and 0.02% Cu from 165.15m, including 0.55m @ 6.21g/t Au and 0.04% Cu from 167.15m, while NRVES26003 returned 2.05m @ 4.05g/t Au and 0.02% Cu from 57.1m.

The company said Vesipera hosts a historical non-compliant mineral resource estimate and intends to update the drilling database with these new holes to determine whether it can compile a maiden JORC (2012) compliant mineral resource estimate later in 2026.

Vesipera sits alongside the existing Angesneva deposit, which hosts an Indicated resource of 3.85Mt @ 1.19g/t Au for 147,000oz Au. The Kiimala Trend project area hosts 12 known gold prospects.

Nordic Executive Director Robert Wrixon said:

“These are important results, noting the significant growth of the mineralised zone at Vesipera, the first prospect to be drilled by the Company at the Kiimala Trend gold project.”

Following drilling at Vesipera, Nordic said the drill rig remained at Kiimala to complete several holes at the Angesneva deposit.

The company said this drilling has now been completed and assays are expected in the coming weeks, while Nordic also confirmed the rig has returned to its flagship Kopsa gold-copper project where step-out drilling to the SW, SE and north remains ongoing, with further drill results expected as they become available.