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Nordic Resources Limited (ASX:NNL)

ALERT: Price-sensitive ASX Announcement for NNL
Current share price for NNL : $0.190 0.01 (5.56%)+
Announcement
Release
17 Jul 2026 8:24AM
Price at Release
$0.180
Full Release
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Summary
Nordic Resources Ltd announced significant advancements in their Kopsa North project, revealing further mineralised extensions and potential for depth continuity, as indicated by detailed drilling results and geophysical surveys. The recent findings, which include high-grade gold and copper intersections, extend beyond the existing resource boundaries and highlight substantial depth potential. The company plans additional drilling to enhance its resource model and remains financially stable with over A$10M. This ongoing development at their Kopsa site in Finland is set to update its resource statement by the end of 2026.
Key Points
  • Nordic Resources Ltd has announced further mineralised extensions and depth potential at Kopsa North.
  • Drilling at Kopsa revealed significant mineralised extensions beyond the current resource boundary.
  • Results included high-grade gold and copper intersections, confirming continuity and potential at depth.
  • An EM survey indicated potential for significant depth continuity of high-grade zones.
  • The company plans further drilling to test these extensions and update the resource statement later in 2026.
  • NNL is well-funded with over A$10M in bank as of March 2026.
  • The current resource estimate for the Kopsa deposit is 23.2Mt at 1.09g/t AuEq for 814,800oz AuEq.
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.