Nordic Resources (ASX:NNL) golden thread runs deeper than expected at Kiimala

Nordic Resources (ASX:NNL) golden thread runs deeper than expected at Kiimala

May 12, 2025 Off By MarketOpen

In Finland’s underexplored Middle Ostrobothnia Gold Belt, Nordic Resources (ASX: NNL) is dusting off history and revealing the potential for a second major discovery—one that may rival its Kopsa gold-copper flagship.

With its latest update, Nordic has verified historical drilling data across the Kiimala Trend, confirming impressive near-surface intersections and positioning the project as a critical second pillar in its Finnish gold strategy.

Highlights from the Kiimala Trend project:

  • 122.4m @ 1.52g/t Au + 0.12% Cu from 57.2m at Angesneva

  • 79.8m @ 1.85g/t Au + 0.18% Cu from 127.8m (Angesneva)

  • 10.4m @ 4.93g/t Au from 53.5m at Vesipera

  • 3.0m @ 4.97g/t Au from 17.0m at Angeslampi

  • 17.3m @ 2.27g/t Au + 0.28% Cu from 42.6m at Kiimala prospect

  • Eight gold prospects drilled; all returned intersections

  • Historical resource validation underway

  • Just 45km from the 814koz AuEq Kopsa resource

The Kiimala Trend is no ordinary greenfield prospect. It’s a 15km corridor of structurally hosted gold targets, many barely scratched below 100 metres, yet already producing robust intercepts with both grade and scale.

At Angesneva alone, standout hits like 122.4m @ 1.52g/t Au and 79.8m @ 1.85g/t Au suggest bulk-tonnage potential and near-term JORC resource conversion.

While the neighbouring Kopsa gold-copper project remains Nordic Resources near-term focus, the Company sees the Kiimala Trend as a highly compelling growth asset.

Executive Director Robert Wrixon noted:

“The exploration upside at the Kiimala Trend project is hard to ignore as it is an extremely strong gold project. We look forward to updating the market further as this validation work progresses.”

Much of the drilling at Kiimala was completed between the 1950s and early 2000s by the Geological Survey of Finland, Outokumpu, and Belvedere Resources.

Though the data was never brought to modern compliance standards, the intersections speak for themselves—especially with visible copper credits.

Now, Nordic has validated that data and is pushing ahead to update the historical resources at Angesneva and Vesipera to JORC 2012 standards.

With the groundwork in place and drilling access now secured, the company is poised to re-rate this overlooked terrain.

Importantly, the project sits atop the Ruhanpera shear zone—a major crustal structure tied to orogenic gold mineralisation across the Nordics.

With deeper structures barely touched and multiple geochemical anomalies yet to be drilled, the real story at Kiimala may only just be beginning.

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