NordX Historical Drill Core Resampling Confirms 11.3m Grading 0.68% U3O8 Beginning at 21.2m Downhole, at the Riutta Project, Finland
NordX Historical Drill Core Resampling
Confirms 11.3m Grading 0.68% U3O8
Beginning at 21.2m Downhole, at the Riutta
Project, Finland
Vancouver, British Columbia--(Newsfile Corp. - August 5, 2026) - NordX Metals Corp. (CSE: NRDX)
(OTCQB: NRDMF) (FWB: 0UL0) ("NordX" or the "Company") is pleased to announce assay results from
a historical drill core resampling program confirming significant, shallow uranium mineralization at its
100%-owned Riutta project ("Riutta"), near Joensuu in eastern Finland.
The best result came from the Ristimonttu prospect where drill hole AREVA DH1 intersected
11.3
metres ("m") at 0.68% uranium oxide ("U
3
O
8
") from 21.20 to 32.50m including 3.7m grading
1.52% U
3
O
8
between 28.30 and 32.00m.
The estimated true thickness of the interval is 8.6m. AREVA
(now Orano) drilled the hole in 2008. The core went unassayed amid the company's global restructuring
and a downturn in uranium prices, ahead of the 2010 sale of its Finnish uranium assets to Mawson
Resources which subsequently sampled this same interval and reported a historical result in 2011 that is
consistent with NordX's result above. This historical result has not been verified by the Company's
Qualified Person and should not be relied upon.
Other notable results from the newly sampled intervals include:
2m at 0.20% U
3
O
8
between 62.80m and 64.80m, including
0.5m at 0.66% U
3
O
8
between 63.8m
and 64.3m from Atomienergia's drill hole AE-7;
1.75m at 0.033% U
3
O
8
between 39.75m and 41.5m including
0.6m at 0.07% U
3
O
8
between
39.75m and 40.35m from AREVA's drill hole DH2;
0.85m at 0.094% U
3
O
8
between 5.8m and 6.65m from AREVA drill hole DH1; and
2.6m at 0.17% U
3
O
8
between 22.2m and 24.8m from Outokumpu drill hole EP038.
Anomalous grades of copper and silver were also identified together with some of the elevated uranium
grades with maximum assay values grading up to 0.45% Cu and 46g/t Ag in AREVA DH1 (see
Appendix, below).
"
This confirms one of the best uranium drill intercepts in Finland's history and demonstrates the
potential for highly significant near-surface uranium mineralization at Riutta,"
said Jon Franklin, NordX
President and Director
. "Mineralization has been recorded over 450 metres of strike within a larger 3.6
kilometre trend. As such, we are really excited to get to working at Riutta and are looking forward to
exploration success."
Riutta Uranium Project History
The Riutta uranium occurrence was discovered in 1958 through radiometric boulder tracing. Four
exploration campaigns have followed — Atomienergia (1958-59), Outokumpu Oy (1960-63), the
Geological Survey of Finland ("GTK") (1983-88), and AREVA (2008-09) — totalling 65 drill holes across
6,275 m, with only 10 holes drilled in the last 38 years. Over 500 mineralized boulders have been located
at Riutta, more than one hundred assaying above 1% uranium, and trenching at the Ristimonttu and
Unimonttu prospects has exposed pitchblende veins and pockets. Prior to the newly confirmed AREVA
DH1 results, the best previously assayed drill results at Riutta were in drill hole
324, which intersected
3.6m at 1.10% U
3
O
8
between 42.00m and 45.60m (including 0.35m at 9.79% U
3
O
8
between
42.60m and 42.95m)
at the Unimonttu prospect, and in drill hole AE-7 which intersected
1.0 m at
0.35% U
3
O
8
between 63.30 m and 64.30m
at the Kolmosviuhka prospect, located 260 m and 450 m
SSE of drill hole AREVA DH1, respectively (Figure 1). The historical drill results and boulder sampling
data referenced above have not been verified by the Company's Qualified Person and should not be
relied upon.
Figure 1
.
Geological compilation map showing historical drilling at Riutta. All newly sampled drillholes
fall within this area except drillhole EP038 which targets the Paukkajanvaara prospect approximately
11km north in another part of the Riutta tenement.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11951/308052_0071b20c3435a828_001full.jpg
Full assay results from the newly sampled intervals are set out in the Appendix to this news release.
Previous historical drill core sampling by Mawson Resources
Mawson Resources sampled and analysed the same AREVA DH1 interval and reported the results in a
September 20, 2011 news release. The underlying assay data was later sold, along with the Riutta
property, to Tournigan Energy Ltd. in 2012, renamed months later as European Uranium Resources
("EUR"). Most of EUR's claims were subsequently allowed to lapse or were relinquished, and the data
was never filed with Finland's Safety and Chemicals Agency ("Tukes"). NordX has not been able to
obtain the underlying assay data or methodology.
Riutta Uranium Project Mineralization
Uranium mineralization at Riutta occurs as thin pitchblende veins (up to a few mm wide) infilling fractures
and microbreccias within a sericite-quartz schist host. The bedrock comprises Archean granitoids and
gneisses overlain by Paleoproterozoic quartzitic metasediments, cut by mafic to ultramafic dykes. Riutta
is interpreted as a structurally controlled, low-temperature hydrothermal uranium system, with extensive
alteration including epidote, chlorite, quartz, sericite, albite, potassium feldspar, carbonate, and
clinozoisite.
Sampling protocol and assay method
Drill core was logged and marked to show where historical core was to be half- or quarter-sampled, in
some cases using an automated diamond-blade saw. Cut sections were bagged, assigned sample IDs,
and logged in a sample register. Resampling took place at GTK's core archive in Rovaniemi, Finland;
samples were then driven personally by NordX geologists to CRS Laboratories Oy in Kempele, near
Oulu, for preparation and assay. CRS Laboratories Oy is independent of NordX. Samples were crushed,
split, and pulverized under standard procedures, then assayed by four-acid digestion with an ICP-MS
finish (method 4A-MS12).
A Quality Assurance/Quality Control (QAQC) program monitored sampling, preparation, and assay
quality throughout the resampling campaign, inserting four OREAS certified reference standards, two
core duplicates, and one blank into the sample stream — together representing 8% of all samples
submitted for analysis. CRS Laboratory operates under ISO/IEC 17025 accreditation and is widely
trusted by Nordic mining and exploration companies for geochemical analysis. All QAQC control
samples returned results within acceptable limits for accuracy and precision, and no issues were
identified that would affect the reliability of the assay dataset. All standards plotted within two standard
deviations of certified values, all blanks returned below detection limit or below threshold and all
duplicates showed <20% relative percent difference.
Qualified Person
The scientific and technical information in this news release has been reviewed and approved by Avrom
E. Howard, MSc, PGeo (Ontario), Principal Geologist at Nebu Consulting, LLC, an independent US-
based mineral exploration consulting firm.
Mr. Howard is independent of NordX, and is a Qualified
Person as defined by National Instrument 43-101.
About NordX Metals Corp.
NordX is an exploration and development company advancing uranium, lithium, and rare earth projects
in politically stable jurisdictions with the infrastructure to support rapid, cost-effective exploration,
development, and production.
The Company's consolidated financial statements and related management's discussion and analysis
are available on the Company's website at
https://nordxmetals.com
or under its profile on SEDAR+ at
www.sedarplus.ca
.
On Behalf of NordX Metals Corp.
"Andrew Bowering"
Interim Chief Executive Officer
Telephone: +1-604-428-6128
Email:
Forward-Looking Statements
This news release includes "forward-looking statements" and "forward-looking information" within the
meaning of Canadian securities legislation. All statements included in this news release, other than
statements of historical fact, are forward-looking statements, including, without limitation, statements
regarding the timing, scope and results of future exploration and permitting activities at Riutta; and the
Company's expectations regarding the significance of the resampling results disclosed in this news
release. Forward-looking statements are often identified by the use of words such as "anticipate",
"believe", "plan", "estimate", "expect", "potential", "target", "budget" and "intend" and statements that
an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar
expressions, including the negatives thereof.
Forward-looking statements are based on the reasonable assumptions, estimates, analysis and
opinions of management made in light of its experience, current conditions and expected
developments, as well as other factors management believes to be appropriate in the circumstances.
Such statements are subject to known and unknown risks, uncertainties and other factors that may
cause actual results or events to differ materially from those expressed or implied by such forward-
looking statements. These risks and uncertainties include, but are not limited to, the risk that boulder
(float) samples may not be sourced from or proximal to a bedrock source and that drilling may not
locate in-situ mineralisation; permit title, transfer, validity and renewal risk; survey and drilling timing
and results; risks associated with mineral exploration and development; metal and mineral prices;
availability of capital and financing; changes in market conditions; regulatory approvals;
environmental and permitting risks; operational and technical difficulties; title matters; competition;
fluctuations in interest and exchange rates; and general economic, market and business conditions.
Although the Company believes the assumptions and expectations reflected in the forward-looking
statements are reasonable, there can be no assurance that such statements will prove to be accurate.
Actual results and future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking statements. The forward-
looking information contained herein is made as of the date of this news release, and the Company
does not undertake to update any forward-looking information except in accordance with applicable
securities laws.
The Canadian Securities Exchange has not approved nor disapproved the contents of this
news release and does not accept responsibility for the adequacy or accuracy of this release.
Appendix
All assay results from newly sampled intervals at Riutta.
Drill hole
Target
Area
Azimuth/
Dip
From
(m)
To
(m)
U
3
O
8
(ppm)
Cu
(g/t)
Ag
(g/t)
Easting
TM35FIN
Northing
TM35FIN
5.8
6.65
939
24
0.5
6.65
8.15
77
4
0
8.15
9.8
21
1
0.1
15.5
17.5
119
15
0.6
17.5
18.7
78
13
0.9
AREVA
DH1
Ristimonttu
023°/-39°
18.7
20.2
208
5
0.3
654075
6968878
20.2
21.2
80
2
0
21.2
21.7
666
4
0.5
21.7
22.2
3508
31
1.7
22.2
22.7
4697
41
2.2
22.7
23.3
1917
355
5.4
23.3
23.8
15566
77
8.1
23.8
24.3
5645
20
1.4
24.3
25.3
1388
14
1
25.3
26.3
180
5
0.2
26.3
27.3
311
25
1.2
27.3
28.3
178
189
7
28.3
29
8054
996
6.4
29
30
4360
1206
7.2
30
30.5
20401
2785
21.7
30.5
31
11792
4454
26.9
31
31.5
24646
4459
32.8
31.5
32
35849
3799
45.9
32
32.5
3617
1403
23.8
32.5
34.5
206
316
2.2
34.5
35.6
55
19
0.4
35.6
36.4
50
187
0.9
36.4
38
133
55
3.6
38
39.9
67
50
0.3
AREVA
DH2
Ristimonttu
024°/-38°
28
30.3
35
0
0
654065
6968855
39
39.75
61
3
0.2
39.75
40.35
660
6
0.1
40.35
41.5
159
2
0
AE-3
Ristimonttu
262°/-45°
30.1
33.1
47
185
2.4
654112
6968916
33.1
35.8
51
265
2.4
35.8
38.7
127
1518
19.3
38.7
42
154
2029
21.4
AE-7
Kolmosviuhka
052°/-45°
61.4
61.8
104
42
0.4
654246
6968469
61.8
62.4
39
159
0.4
62.4
62.8
165
20
0.1
62.8
63.3
463
58
0.1
63.3
63.8
810
233
0.5
63.8
64.3
6575
265
0.6
64.3
64.8
328
242
0.3
64.8
65.3
45
0
0
R03
Kuusoja valley
052°/-80°
118.65
120.4
21
5
0.1
653783
6968719
120.7
122.9
13
9
0
122.9
124.1
107
11
0.1
124.1
125.5
11
1
0
126
129.3
18
0
0
321
Unimonttu
090°/-30°
14.6
16.2
26
4
0.2
654208
6968663
16.2
18.1
62
11
0.1
23.35
23.65
4
47
0.1
25.95
27.25
65
69
0.1
27.25
28.8
26
18
0
28.8
29.8
15
8
0
31.4
32.1
54
64
0.2
325
Unimonttu
090°/-50°
30.7
31.8
11
1
0
654172
6968636
31.8
33.5
53
3
0.2
33.5
34.8
51
1
0.1
34.8
36.2
40
2
0.2
36.2
37.1
20
16
0.1
48.4
49.4
61
1
0
49.4
50.4
28
7
0
50.4
52.1
211
2
0
52.1
53.8
160
67
0.2
53.8
55.4
436
4
0.2
55.4
57.1
84
81
0.2
59.7
61.4
37
20
0
EP038
Paukkajanvaara
000°/-90°
19.3
22.2
117
16
0
653329
6980153
22.2
23.3
1460
14
0.1
23.3
23.8
2884
2
0
23.8
24.3
1197
6
0
24.3
24.8
1367
2
0
24.8
25.3
450
1
0
25.3
25.8
191
2
0
25.8
26.3
272
5
0
26.3
26.8
65
3
0
26.8
27.3
21
2
0
27.3
27.8
75
4
0
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