First Nordic Announces Start of Top-of- Bedrock Drilling Program on Harpsund and Brokojan Targets in Sweden TORONTO ,
First Nordic Announces Start of Top-of-
Bedrock Drilling Program on Harpsund and
Brokojan Targets in Sweden
TORONTO
,
Feb. 3, 2025
/CNW/ -
First Nordic Metals Corp.
(the
"Company"
or
"FNM"
) (TSXV:
FNM) (OTCQB: FNMCF) (FRA: HEG0) is pleased to announce the commencement of a top-of-
bedrock (i.e. base-of-till ("BoT")) drilling program on the Harpsund and Brokojan targets located in
its 100%-owned Paubäcken project ("Paubacken" or the "Project") area of the Gold Line belt,
northern
Sweden
.
Taj Singh
, CEO remarks:
The multi-kilometric Brokojan target was identified last year from the
Paubӓcken project gold pathfinder till sampling program. When Brokojan was combined with the
previously identified and adjacent Harpsund anomaly, a 5.5 km long target area (strike) emerged.
To put this in context, the Company's Barsele project resource footprint length is approximately 3.5
km. Also noteworthy is that the Company's ~4 km Aida target, at the Paubӓcken project and slated
to start diamond drilling in a few weeks, is only few km south of the Harpsund-Brokojan target
area. Our top-of-bedrock ("BoT") drilling at Harpsund and Brokojan will provide us key
geochemical information (gold and pathfinder assays of bedrock) for these targets, setting them up
for diamond drilling later this year. BoT drilling has been a critical step for mineral deposit
discovery and delineation in the Nordics and has a strong correlation with diamond drilling
results."
2025 Harpsund / Brokojan Target Top-of-Bedrock Drilling Program
The program is designed to investigate bedrock sources of the on-trend Brokojan and Harpsund
anomalies ("targets") that occur along the second order Harpsund structural corridor. The targets
consist of two semi-contiguous anomalies over a +5 kilometre by up to 1 kilometer ("km") wide gold,
arsenic, copper and zinc (Au, As, Cu and Zn) glacial till anomaly oriented in the prominent ice flow
direction. The program will include up to 180 BoT drill holes and is designed to systematically test
the bedrock along the 5 km zone interpreted to be the most probable source of the till anomaly
based on interpretation of geophysical data and ice flow direction (see Figure 1). Analysis of historic
airborne magnetic geophysical data identified a second order structural corridor that is coincident to
the gold and pathfinder anomaly that will be targeted in the drilling campaign.
BoT drilling is an efficient exploration technique in glaciated terrains that provides high-quality
geological data and allows direct analysis of underlying bedrock lithologies which have the potential
to host mineral deposits. This technique reduces costs compared with conventional reverse
circulation (RC) or diamond drilling, has a small environmental footprint, and increases the probability
of identifying potential mineral deposits. It is a critical step in the exploration workflow when
exploring under shallow glacial cover, bridging surface surveys and deeper, more targeted drilling
programs.
Figure 1: Harpsund and Brokojan targets top-of-bedrock drilling plan and glacial till anomalies. (CNW
Group/First Nordic Metals Corp.)
About the Harpsund and Brokojan Targets
The Harpsund and Brokojan targets are located in the Paubäcken Project area of the Gold Line belt
in northern
Sweden
. Both target areas are located on a northwest trending second order splay
structure off the main regional Gold Line belt structure. The Brokojan target is located at the
intersection of first and second order structures, and the Harpsund target within a large flexure
and/or fold hinge along the structure. The geology consists of a sequence of inverted basin
sediments and mafic volcanic rocks intruded by small syn-kinematic granitic intrusions within a broad,
anastomosing high strain structural corridor. These lithological sequences are highly prospective for
orogenic gold deposits.
About the Paubäcken Project
The Paubäcken project consists of three licenses totalling 17,097 ha that cover the central part of an
emerging district in north central
Sweden
known as the "Gold Line belt". The Gold Line belt is host to
several significant gold deposits, including the Company's nearby Barsele project, as well as the
Svartliden mine and Fäboliden development project, both operated by Dragon Mining Ltd. The
Svartliden mine was in production from 2005 to 2015 and a total of 3.18 million tonnes of material
grading 4.1 g/t Au was processed during its operation (
http://www.dragonmining.com/svartliden
).
Paubäcken is strategically positioned between Barsele and Fäboliden, is a few hundred meters
northeast of the Svartliden mine, and features a regional shear zone with multiple untested gold
anomalies.
About the Gold Line Belt Geology
The geology of the Gold Line belt consists of an inverted volcano-sedimentary sequence intruded by
small pre- to syn-kinematic granitic intrusions within a broad, anastomosing high strain structural
corridor. Lithologies are regionally metamorphosed to upper greenschist and amphibolite grade
facies, and gold mineralization is associated with intense sericite, carbonate, biotite, and calc-silicate
alteration assemblages and sulphide minerals pyrite, arsenopyrite, and pyrrhotite. The regional Gold
Line structural corridor runs up the axis of the belt with many jogs, splays, and zones of structural
complexity that are potential locations for dilation and deposition of gold bearing fluids. These
lithological sequences are deemed to be highly prospective for orogenic gold deposits.
About First Nordic Metals
First Nordic Metals Corp. (FNM) is a Canadian-based gold exploration company, consolidating
assets in
Sweden
and
Finland
, with a vision to create
Europe's
next gold camp. The Company's
flagship asset is the Barsele Gold Project in northern
Sweden
, a joint venture project with senior
gold producer Agnico Eagle Mines Limited. Immediately surrounding the Barsele project, FNM is
100%-owner of a district-scale license position comprised of three additional projects (Paubäcken,
Storjuktan, Klippen), which, combined with the Barsele Project, total 104,000 hectares on the Gold
Line belt. Additionally, in northern
Finland
, FNM is the 100%-owner of a district-scale position
covering the entire underexplored Oijärvi Greenstone belt, including the Kylmäkangas deposit, the
largest known gold occurrence on this belt.
ON BEHALF OF THE BOARD OF DIRECTORS
Taj Singh
, M.Eng, P.Eng, CPA
CEO & Director
Qualified Person
Benjamin Gelber
, P. Geo., Chief Technical Director of FNM, is the Qualified Person as defined in NI
43-101 and takes responsibility for the technical disclosure contained within this news release.
Follow First Nordic Metals:
Twitter: @fnmetals | Youtube: @firstnordicmetalscorp | LinkedIn: @firstnordicmetals
Facebook: @FirstNordicMetals | Instagram: @firstnordicmetals
Forward-Cautionary Note Regarding Forward-Looking Statements:
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
This News Release contains forward-looking statements, including but not limited to comments
regarding the timing and content of upcoming work programs, geological interpretations, receipt of
property titles, potential mineral recovery processes, etc. Forward-looking statements address
future events and conditions and therefore involve inherent risks and uncertainties. Actual results
may differ materially from those currently anticipated in such statements and FNM undertakes no
obligation to update such statements, except as required by law.
SOURCE
First Nordic Metals Corp.
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For further information:
For further information contact: Alicia Ford, Director, Corporate
Development, Phone: 403-604-9646, Email: [email protected]
CO: First Nordic Metals Corp.
CNW 04:00e 03-FEB-25