Nordic Resources

Nordic Resources Limited (ASX:NNL) holds a district-scale landholding of highly prospective nickel-copper sulphide tenements in the world-class Central Lapland Greenstone Belt (CLGB) of Finland.

The CLGB hosts several Tier-1 deposits including Agnico-Eagle’s 6.9Moz Kittilӓ gold mine, Boliden’s 307Mt Kevitsa copper-nickel-gold open pit mine and Anglo American’s high-grade 44Mt Sakatti copper-nickel-PGE underground development project.

Nordic Resources is focused on the advanced Pulju Project, where drilling has confirmed widespread nickel-cobalt-copper sulphide mineralisation, resulting in one of the largest undeveloped nickel sulphide deposits in western Europe with excellent metallurgical characteristics. The Company believes this is just the “tip of the iceberg” with the vast majority of the prospective trend undrilled.

In partnership with local stakeholders, Nordic Resources will utilise best-practice, modern exploration techniques on drill ready targets, with the aim of expanding known higher-grade mineralisation and making new discoveries.

The Company’s goal is to develop traceable, sustainably sourced, low carbon, high purity Class 1 nickel sulphides and other battery minerals.

NNL offers an attractive short, medium and long-term growth opportunity to investors, with:

  • Enormous growth in Class 1 nickel demand forecast from electrification of the transportation sector.
  • Comprehensive drill ready exploration targets with impressive historical intersections.
  • Supportive mining jurisdiction with first class partners in-country.
  • Strategic location in:
    • Western Europe, a large importer of nickel – a critical metal for EV batteries, and specifically;
    • Finland, which already hosts almost the entirety of the European nickel sulphide value chain.
  • A core commitment that the Company’s projects must offer net benefits to the local municipality, to Finland and to the global need for these critical metals.
  • Experienced corporate and technical team.

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