- 01Kopsa drilling confirms northern mineralisation extension.
- 02Exploration success bolsters resource growth narrative.
- 03Company remains well-funded for ongoing activities.
Nordic Resources (ASX: NNL) has announced significant gold-copper mineralisation extensions at its Kopsa project in Finland.
The latest drilling results have confirmed the mineralised envelope continues to the north, outside the current resource boundary.
This marks the latest success in a series of positive exploration outcomes from Kopsa.
Kopsa North Drilling Extends Mineralisation
Six diamond drill holes totalling 1,277.7m at Kopsa, Finland, all intersected significant gold-copper mineralisation.
These intersections occurred outside the current Kopsa Mineral Resource Estimate (MRE) boundary, extending the known mineralised envelope to the north.
Notable assay results include hole NRKOP25017 which returned 12.1m at 1.08 grams per tonne (g/t) gold and 0.17% copper, including a higher-grade zone of 2.0m at 3.23 g/t gold and 0.16% copper.
Another strong intersection in hole NRKOP25013 yielded 33.6m at 0.61 g/t gold and 0.07% copper, including 2.0m at 4.16 g/t gold.
Hole NRKOP25018 also returned 35.1m at 0.47 g/t gold and 0.15% copper, including 2.15m at 2.64 g/t gold.
These results support a planned follow-up drilling campaign between March and May 2026 to test continuities and investigate a potential higher-grade zone in the area.
Four 2025 Kopsa drill holes still await assay results.
Continued Resource Growth Potential
This latest northern extension follows previous successful drilling campaigns at Kopsa. In January 2026, Nordic Resources announced the discovery of a new higher-grade stockwork zone in Kopsa North, also outside the current MRE boundary.
Prior to that, in December 2025, drilling confirmed significant westward extensions of gold-copper mineralisation, including higher-grade shallow intervals.
This indicated multi-directional growth potential for the deposit.
The company's strategy is consistently focused on expanding Kopsa's resource base, which currently stands at 23.2 million tonnes at 1.09 g/t gold equivalent (AuEq) for 0.81 million ounces (Moz) AuEq.
The broader Middle Ostrobothnia Gold Belt (MOBG) projects, including Kopsa, have total resources of 34.3 million tonnes at 1.11 g/t AuEq for 1.23 Moz AuEq.
Company Remains Well Funded
Nordic Resources has maintained a healthy financial position to support its aggressive exploration agenda.
The company reported holding over A$12 million in cash and equivalents at year-end 2025.
This strong cash balance provides funding for ongoing drilling and other exploration activities across its Finnish project portfolio.
Strategic Context and Risks
Nordic Resources, formerly known as Nordic Nickel Ltd, underwent a name change in December 2024 to reflect its broader focus on various minerals, including gold.
As an exploration-stage company, Nordic Resources faces an ongoing reliance on equity financing to fund its activities.
This carries inherent dilution risks for existing shareholders, as highlighted in its Annual Report - 30 June 2025.
Exploration success is paramount, with the discovery or conversion of resources to economically mineable reserves being uncertain.
The company also navigates foreign jurisdiction risks associated with operating in Finland, including regulatory hurdles and permitting processes.
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