The Conversation (0)
Nordic Nickel (ASX:NNL)) focuses on becoming a major supplier of sustainably sourced, traceable, high-purity class 1 nickel through its portfolio of highly prospective assets in Finland, a Tier-1 mining-friendly jurisdiction with long mining history in the Central Lapland Greenstone Belt.
Nordic Nickel’s 100-percent-owned flagship Pulju Project already has a JORC-compliant resource estimate of 133.6 million metric tonnes at 278,520 tonnes of nickel and 12,650 tonnes of cobalt. The Pulju Project’s unique mineralization is amenable to a dual exploration strategy of both near-surface disseminated nickel and deeper high-grade massive sulphide lenses. The project is located in an area of known mineralization where there have been a number of major discoveries, including the 304 Mt, open-pit Ni, Cu, Au, Kevitsa Mine, owned by Swedish mining company Boliden together with the world-class 44 Mt Cu, Ni, PGE, Sakatti Deposit discovered by Anglo American. Historical drilling has been shallow with no modern geophysics applied, which Nordic Nickel has now undertaken, and has identified multiple electromagnetic anomalies to target for the current 22,000-meter drilling campaign that is underway.
The current resource estimate for the Pulju Project is based on only 5 square kilometers out of a 250-square-kilometer land package. The company is conducting a 22,000-meter drill campaign to expand the areas of known mineralization and target Sakatti-style analogues of deeper high-grade massive sulphides.
Nordic Nickel’s second project, the Maaninkajoki 3 (MJ3) asset comprises 30 square kilometers of exploration licenses and is also situated in a region of known mineralization or similar mafic/ultramafic lithologies to the nearby Sakatti deposit. The company has an earn-in agreement to acquire 75 percent of the asset as exploration continues.
Company Highlights
- Nordic Nickel is an Australian exploration and development company focusing on its district-scale nickel assets in Northern Finland
- Finland is a Tier-1 mining jurisdiction with a deep history in the industry, resulting in mining-friendly regulations.
- The European Union Critical Minerals Act has included nickel as a critical mineral and exploration and development will benefit from future incentives.
- Nordic Nickel’s flagship Pulju Nickel Project already has a near-surface JORC-compliant resource estimate of 133.6 million tonnes, with 278,520 tonnes of Nickel and 12,500 tonnes of cobalt.
- The company’s second Maaninkajoki 3 Project covers 30 kilometers of exploration licenses, and the company has the option to earn up to 75 percent.
- An experienced management team with a track record and deep expertise in the natural resources industry leads the company.
This Nordic Nickel profile is part of a paid investor education campaign.*
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