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Nordic Resources Limited (ASX:NNL)

ALERT: Price-sensitive ASX Announcement for NNL
Current share price for NNL : $0.170 -0.05 (-22.73%)+
Announcement
Release
27 Jan 2026 8:31AM
Price at Release
$0.220
Full Release
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Summary
Nordic Resources Ltd announced the discovery of a new higher-grade gold zone in the northern area of the Kopsa deposit in Finland, where assays from three recent drill holes revealed significant gold-copper mineralisation well beyond the current resource boundaries. The standout results include an impressive intersection from hole NRKOP25012B of 17 meters at 2.71g/t gold, indicating potential for expanding the current resource model. This finding is significant as it mimics the characteristics of the central core zone, suggesting that further exploration could reveal additional high-grade zones. The company is poised to initiate further drilling in early 2026 to validate and extend these findings.
Key Points
  • Nordic Resources Ltd reported new high-grade gold-copper mineralisation found in the northern zone of the Kopsa deposit.
  • Three new drill holes intersected significant mineralisation outside the existing resource boundary.
  • The key intersection in hole NRKOP25012B returned 17m at 2.71g/t Au, 0.12% Cu, 5g/t Ag from 216m.
  • The new high-grade zone is similar to the central core zone but was previously unobserved in this northern area.
  • The identified zone could extend the existing resource and suggests further exploration potential.
  • The company plans further drilling in March-April 2026 to explore the northern and western extensions.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.