First Nordic Commences Top-of-Bedrock Drilling Program on Nippas Target, Gold Line Belt, Sweden

First Nordic Commences Top-of-Bedrock

Drilling Program on Nippas Target, Gold Line

Belt, Sweden

VANCOUVER, BC

,

Dec. 16, 2024

/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 drilling program (also known as base-of-till drilling ("BoT")) on its 100%-owned Nippas

target ("Nippas") located in the Storjuktan project area ("Storjuktan" or the "Project") of the Gold

Line Belt, northern

Sweden

.

Taj Singh

, FNM CEO comments:

"The Nippas target currently being tested represents an

extensive gold and pathfinder element till anomaly on the Storjuktan project, located 28 kilometres

north of our resource-stage Barsele project. Nippas is located on a second order splay structure

within the Gold Line structural corridor in a setting ideal for large orogenic gold deposits. BoT

drilling is the most effective method of targeting potential new discoveries through glacial till cover

and has already proven fruitful at our Paubäcken project's Aida discovery further south. This BoT

program sets us up well for diamond drilling Nippas in 2025. On the back of our recent financing,

we are now fully funded for aggressive drilling on multiple multi-kilometric targets on the Gold Line

through 2025."

Nippas Exploration Program

The current Nippas BoT drilling program is designed to investigate bedrock sources of a >5

kilometre ("km") by 250 metre ("m") wide historic Au-As-Cu-Zn (gold-arsenic-copper-zinc) glacial till

anomaly oriented in the prominent ice flow direction. The program will include up to 120 BoT drill

holes and is designed to systematically test the bedrock along a 4 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 recently acquired UAV magnetic geophysical data (interpretation

ongoing) has identified a second order structural corridor that is parallel to the gold and pathfinder

anomaly that will be targeted in the drilling campaign. Historic BoT and diamond drilling campaigns

completed near the Nippas target have not focused on the main anomaly area identified recently by

FNM.

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 significantly compared with conventional

reverse circulation or diamond drilling, has a small environmental footprint, and increases the

success of identifying potential mineral deposits. It is a critical step in the exploration workflow when

exploring under shallow cover, bridging surface surveys and deeper, more targeted drilling

programs.

Figure 1: BNippas Project oT drilling plan and glacial till anomalies. (CNW Group/First Nordic Metals

Corp.)

About the Nippas Target

The Nippas target is located in the Storjuktan project area of the Gold Line Belt in northern

Sweden

.

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 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

The Company's flagship asset is the Barsele gold project, located in northern

Sweden

and in a joint

venture with senior gold producer Agnico Eagle Mines Limited. Immediately surrounding the Barsele

project, FNM is the 100%-owner of a district-scale license position of close to 100,000 hectares on

Gold Line Belt. Additionally, in northern Finland FNM is the 100%-owner of a district-scale position

covering the entire Oijärvi Greenstone Belt.

ON BEHALF OF THE BOARD OF DIRECTORS

Taj Singh

, M.Eng, P.Eng, CPA

CEO and Director

Qualified Person

Benjamin Gelber

, P. Geo., VP Exploration of the Company, 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. 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, Business Development

Manager, Phone: 403-604-9646, Email: [email protected]

CO: First Nordic Metals Corp.

CNW 04:00e 16-DEC-24