Nordic Resources Restarts Drilling to Grow Finnish Gold Resources

Nordic Nickel Limited ( (AU:NNL) ) has issued an announcement.

Nordic Resources has restarted diamond drilling at its Kopsa and Kiimala Trend gold projects in Finland, launching a 3,000-metre program aimed at expanding resources and refining mine planning. The campaign follows encouraging 2025 results at Kopsa that extended mineralisation beyond the current resource and will feed into updated mineral resource estimates for Kopsa and the Angesneva deposit later this year.

Roughly half of the new drilling will target step-out holes at Kopsa alongside ongoing metallurgical test work to improve gold and copper recovery assumptions, while the balance will support maiden drilling at Kiimala, including in-fill and extension holes at Angesneva and Vesipera and scout drilling of untested prospects. The program reinforces Kopsa and Kiimala as core to Nordic’s regional growth strategy, with the company seeking to convert more ounces into higher-confidence categories and to position its Finnish assets for potential near-term development given nearby mills and substantial exploration upside.

The most recent analyst rating on (AU:NNL) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Nordic Nickel Limited stock, see the AU:NNL Stock Forecast page.

More about Nordic Nickel Limited

Nordic Resources Ltd is an ASX-listed mineral exploration company focused on gold and gold-copper projects in central Finland. Its portfolio includes the Kopsa, Kiimala Trend and Hirsikangas deposits, which together host 34.3 million tonnes at 1.11 grams per tonne gold equivalent for 1.23 million ounces, largely near-surface and potentially suitable for open-pit mining in a region with existing processing infrastructure.

Average Trading Volume: 667,854

Technical Sentiment Signal: Buy

Current Market Cap: A$80.85M

Learn more about NNL stock on TipRanks’ Stock Analysis page.