Nordic Resources (ASX:NNL) sharpens drill bit at flagship Finnish gold-copper project

Nordic Resources (ASX:NNL) has commenced a 5,000 metre diamond drill program at its Kopsa gold-copper project in Finland, marking a pivotal step in the company’s strategy to build a regional scale resource base in the underexplored Middle Ostrobothnia Gold Belt (MOGB).

Kopsa, which already hosts 23.2Mt at 1.09g/t AuEq for 814,800 ounces of gold equivalent, is the largest of Nordic Resources three projects in the region.

With 69 percent of the resource in the Measured and Indicated categories and over 90 percent of ounces sitting within 150 metres of surface, Kopsa offers strong near term development potential, particularly for open pit mining scenarios.

The current program will test near surface extensions along strike, explore deeper mineralisation for the first time, and collect metallurgical samples, laying the groundwork for future development pathways.

Additional drilling is planned at the Kiimala Trend, further building out the company’s footprint in the region.

“We see exceptional upside in the Kopsa system, particularly given the shallow, high-conviction nature of the existing resource base and the lack of deeper drilling,” said Executive Director Robert Wrixon. “The region benefits from proximity to existing processing infrastructure, and this drill campaign will be critical in testing both growth potential and development optionality.”

Notably, Kopsa is located just 40 kilometres from the Pyhäsalmi base metals processing plant and 120 kilometres from the Laiva gold plant, both of which present potential third-party toll treatment or partnership opportunities.

Nordic has also floated the idea of a standalone processing facility should scale support it.

The broader MOGB portfolio now contains 1.23Moz AuEq across 34.3Mt at 1.11g/t AuEq, with 66 percent in the Measured and Indicated categories.

This includes the Kiimala Trend and Hirsikangas projects, both of which host JORC-compliant resources and are considered high-priority for further exploration.

While Finland remains underexplored relative to neighbouring Sweden, its geological continuity across the Raahe-Ladoga Trend places it firmly in the sights of mid-tier and major developers seeking scale, stability, and infrastructure.

Kopsa’s gold-copper combination also plays well to investors seeking diversified exposure to critical minerals alongside precious metals.

“With drilling now underway, we are focused on rapidly converting exploration momentum into resource growth and value realisation,” said Wrixon. “Our near-surface targets, infrastructure advantages, and resource quality make for a compelling investment case.”

Key Highlights

• Drill program underway at Kopsa targeting both shallow extensions and deeper mineralisation.

• 5,000m diamond program includes 4,500m at Kopsa and up to 1,000m at Kiimala Trend.

• Kopsa hosts 814,800oz AuEq, with over 90% of resource within 150m of surface.

• Regional resource base across MOGB now totals 1.23Moz AuEq.

• Nearby processing facilities provide development flexibility.

With the drill rigs spinning and a large, shallow resource already in hand, Nordic’s renewed focus on Kopsa could mark the beginning of a breakout phase in its Finnish gold ambitions.

Investors looking for early exposure to a new Nordic gold frontier may want to keep this ASX junior on the radar.