Nordic Resources Limited Verifies Robust Near-Surface Gold Intersections at Hirsikangas, Paving Way for a New JORC Resource Update and Expanded Finnish Exploration Upside
Wednesday, June 18, 2025
at
8:17 am
Nordic Resources Limited confirms significant gold intersections at its Hirsikangas project in Finland. Drilling shows near-surface to deep mineralisation along a 10km magnetic trend, highlighting strong upside potential. A maiden JORC-compliant resource estimate is underway, bolstering the company’s promising exploration prospects.
Nordic Resources Ltd has confirmed strong gold mineralisation potential at its Hirsikangas project in central Finland, following an extensive review and verification of the historical drilling database. The exploration work has revealed substantial near-surface gold intersections along a 10‐km magnetic anomaly, with significant drilling results such as 71.3 m grading 1.12 g/t Au from 7.3 m, 44.2 m at 1.45 g/t from 12.7 m, and 61.2 m at 1.28 g/t from 37.8 m in the main prospect. Deeper drilling has also shown encouraging continuity with intervals of 80.2 m at 1.71 g/t Au from 110.6 m and 74.8 m at 1.00 g/t Au from 89.5 m, highlighting the robust nature of the mineralisation.
The project, which forms part of a trio of recently acquired advanced gold assets in the Middle Ostrobothnia Gold Belt, sits in close proximity to Nordic Resources’ other major assets. The company already holds substantial near-surface resources at the Kopsa and Kiimala Trend projects. The Hirsikangas tenements not only showcase historical gold resource estimates but also host a largely unexplored strike length and parallel structures that provide several immediate drill targets. Management plans to compile a new JORC (2012) compliant Mineral Resource Estimate, with an update expected soon, which could further unlock the project’s potential.
The exploration data, which spans 92 historical drill holes over 11,400 m along the main Hirsikangas prospect and its satellite targets, illustrates a promising near-surface gold system. In addition to the notable intersections already mentioned, higher-grade, shallow intersections outside the main prospect—such as 7.3 m at 4.78 g/t Au—underscore the possibility for immediate near-term exploration upside. The project's setting in a geologically underexplored region, which has witnessed limited historical expenditure compared to neighbouring areas, provides additional long-term potential. Access to nearby processing plants further enhances the economic attractiveness of these projects.
Bullish sentiment is supported by the strong technical indicators demonstrated in the drilling intersections, the near-term exploration upside provided by both the main mineralised zone and the parallel structure, and the strategic alignment with Nordic Resources’ established projects. Market participants may view the verified wide, near-surface intersections as evidence of an asset that could significantly boost the company’s resource base once a new JORC-compliant estimate is released.
Conversely, bearish views may focus on the inherent risks associated with transitioning historical, non-JORC compliant data to a new compliant resource estimate, the uncertainties surrounding further exploration outcomes, and the potential for market volatility impacting junior mining projects. Investors should consider that while the technical data is encouraging, the forward-looking nature of the company’s exploration plans means that future drilling results and resource updates will be critical to validating the current optimism.
Overall, the Hirsikangas project’s detailed technical results and robust exploration potential add a compelling dimension to Nordic Resources Ltd’s growing asset portfolio in Finland, providing an attractive narrative for investors and beginner traders looking at emerging gold exploration stories.