Highlights

  • Assay results from six additional step-out holes confirm further strike extensions north of the Kopsa Gold-Copper Deposit.
  • Strong intercepts reported, including:
  • 12m @ 1.08g/t Au, 0.17% Cu (1.27g/t AuEq) from 75m, including 2m @ 3.23g/t Au.
  • 34m @ 0.61g/t Au, 0.07% Cu (0.69g/t AuEq) from 135m, including 2m @ 4.16g/t Au.
  • Additional broad mineralised zones across multiple holes, highlighting continuity and scale.
  • The recently discovered higher-grade northern “stockwork” zone was not targeted in these holes, with follow-up drilling planned for March–May 2026.
  • NNL share price structure has turned positive after finding support at its horizontal trendline.

Nordic Resources Ltd (ASX: NNL) has reported results from the sixth batch of laboratory assays, covering six diamond drill holes totalling 1,278 metres, from its maiden drilling program at the Kopsa Gold-Copper Project in Finland’s Middle Ostrobothnia Gold Belt, confirming ongoing exploration progress.

Nordic Resources Gains Spotlight Following Project Update

Nordic Resources Ltd has reported final 2025 northern drilling results from the Kopsa Gold-Copper Project, confirming all eleven holes intersected gold-copper mineralisation outside the current resource boundary. Key step-out holes NRKOP25017 and NRKOP25013 delivered strong shallow and depth extensions, including 12.1m at 1.08g/t AuEq and 33.6m at 0.69g/t AuEq. Hole NRKOP25018 also extended mineralisation below the existing resource, while other holes identified additional zones in sparsely drilled areas.

Mineralisation remains open in multiple directions, with significant depth potential. Follow-up drilling is planned for March–May 2026, targeting a newly identified higher-grade northern stockwork zone. Kopsa currently hosts an 814,800oz AuEq JORC resource, with a broader project inventory of 1.23Moz AuEq across the belt.

Nordic Resources Bounces Off Support — What’s Next on the Chart?

From a technical standpoint, NNL continues to trade decisively above its key horizontal trendline support, with the recent gap-up open further strengthening an already constructive chart structure. The sharp upward move, supported by elevated trading volumes, signals buying conviction and accelerating bullish momentum. The rising trendline now serves as a critical zone of dynamic support, anchoring current price action. Provided NNL maintains sustained trade above this support region, the broader uptrend remains intact, preserving a positive near-term bias and keeping the pathway open for potential further upside extension.

Price action remains constructive for NNL with the stock holding above its 50-period Simple Moving Average (SMA), reinforcing near-term strength and a supportive trend framework. The 14-period Relative Strength Index (RSI) at 54.93 remains above the midpoint, signalling improving bullish momentum following the recent recovery. On the upside, immediate resistance is positioned near AUD 0.225, followed by AUD 0.250, where renewed supply could emerge and temporarily cap further gains. A sustained breakout above these levels would strengthen the case for continued upside progression.

Bullish Momentum Holds as Shares Rebound from Key Support

Nordic Resources Ltd (ASX: NNL) maintains a constructive outlook, supported by positive step-out drilling results at the Kopsa project that have expanded mineralisation beyond the current resource boundary. Technically, the stock continues to trade above its key trendline and 50-period SMA, with RSI holding above neutral, signalling improving bullish momentum. A sustained move above AUD 0.225–0.250 could unlock further upside, while trendline support remains the key level to watch on any pullback.