Nordic Nickel Ltd Reports Significant Gold Extensions in Finland
Key points
- Record gold assay at Kopsa with 1.2m @ 105.50g/t Au
- Significant mineralised extensions confirmed at all three Finland gold prospects
- Metallurgical testing ongoing with results expected in August
- Company remains well-funded with A$8.48 million cash balance
- Total gold equivalent resource inventory at 1.23Moz AuEq
Full summary
Nordic Nickel Ltd has reported significant gold extensions at its Kopsa, Kiimala, and Hirsikangas projects in Finland. The company reported a record gold assay at Kopsa with 1.2m @ 105.50g/t Au, the highest single gold assay grade ever reported. Significant mineralised extensions were confirmed at all three prospects, with new high-grade stockwork zones intersected at Kopsa and mineralisation continuing beyond previous drilling at Kiimala. The company's metallurgical test program on the Kopsa mineralisation is ongoing, with results expected in August. The company remains well-funded, with a cash balance of A$8.48 million at the end of the quarter. The total gold equivalent resource inventory across all three projects is now 1.23Moz AuEq, consisting of 1.04Moz of contained gold and 38kt of contained copper.
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