First Kiimala Drill Results Deliver Strong New Gold Target

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Stock Nordic Nickel Ltd (NNL.ASX)
Release Time 18 May 2026, 8:23 a.m.
Price Sensitive Yes
 Nordic Nickel Ltd Announces Strong Gold Results from Kiimala Project
Key Points
  • Significant gold intersections confirmed at Vesipera prospect
  • Vesipera shows potential to expand mineralized envelope
  • Company plans to update drilling database and potentially compile JORC compliant MRE
  • Drilling continues at Angesneva deposit and Kopsa project
Full Summary

Nordic Nickel Ltd has announced significant gold intersections from its maiden drill program at the Kiimala Trend project in Finland. The drilling at the Vesipera prospect, a known area of significant gold mineralization, has confirmed the presence of high-grade gold zones with nearby or coincident wider zones of lower-grade mineralization. The assay results show generally similar grades and widths to those expected based on the extensive historical drilling at Vesipera. The company intends to update the drilling database with these new holes and potentially compile the first JORC (2012) compliant Mineral Resource Estimate (MRE) for Vesipera later in 2026. The Kiimala Trend project area hosts a number of additional gold targets that require further exploration.

Guidance

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Outlook

The company plans to update the drilling database and potentially compile a JORC compliant MRE for Vesipera. Further drilling is planned at Angesneva deposit and the flagship Kopsa gold-copper project.