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FINWIRES

Nordic Resources Identifies High-Grade Gold Mineralization at Finland Project

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Nordic Resources (ASX:NNL) said it identified high-grade gold mineralization during a recent drilling at the Vesipera prospect within the Kiimala project in Finland, according to a Monday Australian bourse filing.

The results were of up to 1.9 meters at 13.8 grams per tonne grade of gold and 0.22% copper from 29.1 meters, including 0.9 meters at 28.5 g/t grade of gold and 0.04% copper from 30.1 meters.

The company said Vesipera hosts a historical, non-compliant mineral resource estimate (MRE), with plans to update the drilling database and potentially compile the first JORC 2012-compliant MRE for Vesipera later in the year.

Subsequent drilling at the Kiimala Trend has been completed at the Angesneva deposit with assays expected in the coming weeks, while step-out drilling to the southwest, southeast, and north of the nearby 815,000-ounce gold equivalent Kopsa deposit is currently ongoing, the filing added.

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