InvestSMART

Nordic Resources Limited (ASX:NNL)

ALERT: Price-sensitive ASX Announcement for NNL
Current share price for NNL : $0.185 -0.025 (-11.90%)+
Announcement
Release
29 Jun 2026 8:20AM
Price at Release
$0.210
Full Release
download
Summary
Nordic Resources Limited (NNL) announced the results of its Spring 2026 drilling program at the Kopsa gold-copper project located in the Middle Ostrobothnia Gold Belt of central Finland. The drilling extended the mineralised zones further to the southeast of the existing resource model. The drilling confirmed significant gold-copper mineralisation beyond the boundaries of the current resource estimate, indicating continuity along strike and at depth, which was initially observed in the 2025 drill program. The updated resource estimate for the Kopsa deposit, comprising Measured, Indicated, and Inferred categories, remains at 23.2Mt @ 1.09g/t AuEq for 814,800oz AuEq, with plans for further updates by the end of Q3 2026. The company maintains a strong financial position with over A$10M available as of March 2026, and aims to continue its exploratory and resource growth activities.
Key Points
  • NNL extended mineralised zones at the Kopsa project further southeast.
  • Spring 2026 drilling confirmed gold-copper mineralisation continuity.
  • Current resource estimate remains at 23.2Mt @ 1.09g/t AuEq for 814,800oz AuEq.
  • Updated resource statement expected by end Q3 2026.
  • The company is well-funded with over A$10M in bank.
  • Exploration licenses are held by Fennia Gold Oy, a 100% subsidiary of NNL.
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.