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Nordic Nickel Limited ( (AU:NNL) ) has provided an update.
Nordic Resources Limited has announced significant progress in its exploration activities at the Kopsa gold-copper project in Finland. The company has completed eight drill holes totaling over 1,700 meters and expects the first gold assay results by mid-October. The ongoing drilling aims to expand the current resource of 23.2Mt at 1.09g/t AuEq for 814,800oz AuEq. Additionally, a detailed ground magnetic survey has been completed, and a Fixed Loop Electromagnetic survey is set to begin, indicating a robust exploration strategy that could enhance the company’s resource base and strengthen its position in the regional gold market.
More about Nordic Nickel Limited
Nordic Resources Limited is a company engaged in the exploration and development of gold and copper projects. The company’s primary focus is on its gold projects located in the Middle Ostrobothnia Gold Belt of Finland, which includes the Kopsa gold-copper project, the largest and most advanced among its holdings. The company aims to capitalize on the underexplored Finnish side of the geological formation that extends from Sweden.
Average Trading Volume: 472,722
Technical Sentiment Signal: Strong Buy
Learn more about NNL stock on TipRanks’ Stock Analysis page.