Nordic Resources expands Finnish portfolio with Jukulainen acquisition

• The company added its fourth gold asset in central Finland's Middle Ostrobothnia Gold Belt.
• Rock chip samples yielded up to 43.7 g/t Au across a 4km prospective shear zone.
• Total regional resources stand at 55.2Mt at 1.09g/t AuEq for 1.93Moz AuEq across three neighbouring deposits.

Nordic Resources (ASX:NNL) acquired the Jukulainen Gold Project in central Finland to expand its district-scale exploration strategy.

The addition builds on the company's regional footprint near its flagship Kopsa gold-copper asset.

The company stated that the transaction is expected to position the business as a district-scale gold producer in the Middle Ostrobothnia Gold Belt.

Assay results from surface rock chip samples reached up to 43.7g/t Au along an 80m sampled strike length within a broader 4km shear zone.

The combined district mineral resource currently sits at 55.2Mt grading 1.09g/t AuEq containing 1.93Moz AuEq.

Following the announcement, the Nordic Resources share price was unchanged at $0.16.

Nordic Resources previously reported an updated interim resource estimate for its nearby Kopsa project on Oct. 12.

The company continues to assess regional processing options across its four exploration properties.