Nordic Resources Limited. · ASX:NNL
Nordic Resources — Merger or Acquisition (April 2025)
21 slides from Nordic Resources's merger presentation, Apr 16, 2025
Slide 1: Amended ASX Announcement
ASX / MEDIA RELEASE 16 April 2025 AMENDED ASX ANNOUNCEMENT The Board of Nordic Resources Limited (ASX: NNL) (the “Company”) provides the following as an amendment to the Company Presentation released on Monday, 14 April 2025 titled ‘Presentation - 815koz AuEq Near Surface Gold Acquisition’. The Pres
Slide 2: Transformational New Acquisition in Finland: 815koz AuEq Near Surface Gold
ASX NNL INVESTOR PRESENTATION Transformational New Acquisition in Finland: 815koz AuEq Near Surface Gold with Exploration Upside 14 April 2025 - Revised NORDICRESOURCES.COM ACN 647 455 105
Slide 3: Important information
Important information DISCLAIMER AND FORWARD-LOOKING STATEMENTS The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform
Slide 4: Existing Pulju Project - critical metals in Europe
Existing Pulju Project - critical metals in Europe • District-scale (240km2) nickel-copper exploration and development assets in the Central Lapland Greenstone Belt (CLGB). • Pulju Project – known high-grade massive sulphides (5-10% Ni) exist within extensive shallow disseminated nickel-cobalt zones
Slide 5: Existing Capital Structure (pre Acquisition and Cap Raise)
Existing Capital Structure (pre Acquisition and Cap Raise) Company Overview Share Price ASX NNL $0.077 147.4m Share price (15 day VWAP)1 Shares on issue $11.3m $0.25c Market capitalisation (A$) IPO price $0.85m Nil Cash (31 Dec 2024) Debt Retail Directors & Pulju 33.9m $10.5m Associates Board & Mana
Slide 6: Share-based Acquisition – Gold Assets of Northgold AB
Share-based Acquisition – Gold Assets of Northgold AB Bolt-on Advanced Gold Growth Platform in central Finland, leveraging existing in-country capabilities. Three gold projects in the Middle Ostrobothnia Gold Belt (MOGB) of Central Finland: • Kopsa Gold-Copper Project, Kiimala Trend Gold Project, Hi
Slide 7: Middle Ostrobothnia Gold Belt (MOGB) of Finland
Middle Ostrobothnia Gold Belt (MOGB) of Finland • Kittila (Agnico-Eagle) Under-explored Geological Potential • Europe’s largest gold mine2 • 230koz per annum2 • Finland is a Top 10 ranked mining jurisdiction1. • Home to Europe’s largest gold mine (Kittila/Agnico-Eagle). NNL Pulju Ni-Cu Project • Nor
Slide 8: Asset Summary
Asset Summary • Kopsa Gold-Copper Project has a conditionally approved mining permit1 and a JORC (2012) compliant, near-surface resource of 814,800oz AuEq2,3 (69% in M&I categories) within a 10 km2 land package: AuEq Kopsa JORC(2012) Mineral Resources Tonnes (t) Au (g/t) Cu (%) Au (oz) Cu (t) AuEq (
Slide 9: Kopsa Deposit
Kopsa Deposit Geology TONALITE CCP • Postulated to be an intrusion-related Cu-Au system overprinted by an orogenic gold system. APY PO • Comprises quartz and sulphide bearing veins with stockwork in the central parts of the main zone. SCH QTZ VEIN • General 20-30° dip of the main mineralised envelop
Slide 10: 2025 Kopsa Resource – Plan View
2025 Kopsa Resource – Plan View1 HIGHER GRADE CORE: 98.7m @ 3.90g/t Au and Open Plan view of drilling 0.19% Cu (4.19g/t AuEq) over demonstrates significant 98.7m from 6.1m in hole NGKOP22001 shallow resource potential remains, adjacent to the current resource. The resource is believed to Open be clo
Slide 11: Geophysics Further Illustrates the Growth Potential
Geophysics Further Illustrates the Growth Potential1,2 - 21.1m @ 0.30 g/t Au and 0.40% Cu (0.90 g/t AuEq) in GTK Hole R310 (1985)2 - 5.4m @ 0.30 g/t Au and 0.94% Cu Kopsa is (1.70 g/t AuEq) in GTK Hole R32 (1961)2 underlain by significant undrilled IP anomalism and two large FLEM conductors, offerin
Slide 12: Extraordinarily efficient drilling at Kopsa past 3 years
Extraordinarily efficient drilling at Kopsa past 3 years1 Kopsa is already one of Finland’s largest undeveloped gold deposits, despite being under-drilled • Building on 16,800m of historic drilling, Kopsa has had an additional Historic Moz Addi. Moz Drilled 6,600m drilled over the last three years (
Slide 13: Kopsa Looks Under-Drilled
Kopsa Looks Under-Drilled Resource Size vs Metres Drilled (Selected Finnish Gold Projects, Latest Public Data) 5.0 120,000 Moz Au or AuEq 114,006 4.5 Resource drilling (m) 100,000 4.0 Resource Size (Moz Au or AuEq) 4.22 3.5 84,507 80,000 Drilled Metres (m) 3.0 2.5 60,000 55,698 2.0 40,000 1.5 1.73 1
Slide 14: Immediate drill targets at Kopsa
Immediate drill targets at Kopsa Map polygons: Projected outline of 2025 resource Near surface resource remains open to Generalized contacts of the subcropping intrusion the north, south and west1. Mining concession application • Most significant upside targets to the Active claim south, with potent
Slide 15: Future Exploration: Wider gold-copper prospectivity at Kopsa
Future Exploration: Wider gold-copper prospectivity at Kopsa Au prospectivity Main drilling target areas High Au-Cu potential Company interpretation of wider geological Elevated Au-Cu potential prospectivity is based on: High potential for Au-Cu in a SW-NE striking trend (Sorola) • Historic IP surve
Slide 16: Kopsa – Nearby Processing Plants
Kopsa – Nearby Processing Plants Road connection 3rd Party Processing Options & Transport N Railway connection • Trucking distance to both the Pyhasalmi and Laiva mills, rail options exist also: • Pyhasalmi – copper-zinc mill and flotation plant, nearing end of mine1 (structurally short of feed). Ko
Slide 17: 2025 Exploration Plan and Budget for Kopsa
2025 Exploration Plan and Budget for Kopsa Along Strike and at Depth: • Shallow drilling West and South (8 holes, 2,600m) • Two new deep holes and two hole-extensions below the resource: potential for an underlying large-scale Cu-Au system (4 holes, 1,100m) ETRS-TM35FIN • Southwestern satellite targ
Slide 18: Other Projects: Kiimala Trend Gold Project
Other Projects: Kiimala Trend Gold Project1 • The northwest-trending Kiimala shear zone is one of the main structures of the Raahe-Ladoga suture zone. • This crustal scale structure and the related second level shear zones have been important in controlling the mineralised bodies in the Kiimala regi
Slide 19: Other Projects: Hirsikangas Gold Project
Other Projects: Hirsikangas Gold Project1 Northgold exploration permits ETRS-TM35FIN Hirsikangas 330000, 7090000 6 7 Active Kiimala Trend Application Mineral occurrences / prospects Gold Other commodity ETRS-TM35FIN 4 370000, 7070000 1 8 5 5 ETRS-TM35FIN 2 351000, 7106000 Kopsa Figure: Viitajärvi, A
Slide 20: Deal Metrics, Updated Cap Table and Next Steps
Deal Metrics, Updated Cap Table and Next Steps Deal Metrics Summary Acquisition Terms: • Consideration: 70M shares in NNL plus SEK2M cash (approximately AUD330k) • Total Value: AUD4.53M @ NNL share price of A$0.06 (the recent NNL capital raise price) • Acquisition Value Metric: A$5.56/resource oz Au
Slide 21: Investor Enquiries
Investor Enquiries Level 12, 197 St Georges Terrace, Robert Wrixon Perth, Executive Director Western Australia 6000, Australia E:info@nordicresources.com NORDICRESOURCES.COM ACN 647 455 105
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