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First Nordic Metals ( (TSE:GSKR) ) has issued an update.
Goldsky Resources reported that its 2026 winter diamond drilling program at the Rajapalot Gold-Cobalt Project in northern Finland is 61% complete, with 31 holes totaling 6,073 metres drilled using four rigs and no safety incidents to date. Three rigs are conducting infill drilling to upgrade confidence in the Raja and Palokas inferred resources while a fourth targets regional exploration, with first assay results expected in March and the campaign on track to finish in April 2026.
Alongside the operational progress at Rajapalot, the company is advancing corporate initiatives, including plans to close its acquisition of the Barsele project in the second quarter and complete a preliminary economic assessment on Barsele by late 2026, supported by an extensive drilling campaign. Goldsky will also leverage its presence at the upcoming PDAC convention to court investors and strategic partners, aiming to strengthen its market profile and accelerate development of its Nordic gold-cobalt portfolio for the benefit of stakeholders.
The most recent analyst rating on (TSE:GSKR) stock is a Buy with a C$5.00 price target. To see the full list of analyst forecasts on First Nordic Metals stock, see the TSE:GSKR Stock Forecast page.
More about First Nordic Metals
Goldsky Resources is a Vancouver-based mineral exploration company focused on gold and cobalt assets in Northern Europe, notably the 100%-owned Rajapalot Gold-Cobalt Project in Finland and the Barsele project in Sweden. The company targets orogenic gold-cobalt systems within established greenstone belts, positioning itself in the battery metals and precious metals space with a strategy centered on resource expansion and project de-risking through drilling and economic studies.
Average Trading Volume: 473,563
Technical Sentiment Signal: Buy
Current Market Cap: C$767.5M
For detailed information about GSKR stock, go to TipRanks’ Stock Analysis page.