NNL: New Project Acquired in Central Finland Gold District
Original announcement by asx on
- Company
- Nordic Resources Ltd
- Ticker
- NNL
- Exchange
- ASX
- Region
- central Finland
- Primary commodity
- Gold
- Secondary commodities
- Copper, Silver
- Document categories
- Agreement transaction, Other, Resource update
- Extracted
- 2026-10-18 22:15:29 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Nordic Resources Ltd has acquired the Jukulainen gold project in central Finland's Middle Ostrobothnia Gold Belt, strategically expanding its gold portfolio. Initial rock chip samples from Jukulainen show high-grade gold assays up to 43.7 g/t Au, including visible gold, over an 80-meter strike length. The company plans to conduct further exploration, including drilling, to advance this early-stage project, which complements its existing 1.93 Moz AuEq resource base in the district.
Reasoning: Nordic Resources has acquired the Jukulainen gold project, an early-stage asset in a key gold district, supported by high-grade historical surface samples and visible gold, aligning with the company's district-scale strategy.
Positive factors
- New project acquisition
- High-grade surface samples
- Visible gold
- Strategic location in known gold belt
- District-scale strategy
- Nearby processing optionality
- QP/CP signed off on exploration results
Negative factors
- Early-stage project
- Surface samples only, no drilling
- Historical sample data with unknown representativeness
- No independent verification of historical samples
Facts used in scoring: 72
Classification and evidence
New Project Acquisitionpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: The Company has acquired the Jukulainen gold project, located in the Middle Ostrobothnia Gold Belt (MOGB) of central Finland.
Evidence · text
“The Company has acquired the Jukulainen gold project, located in the Middle Ostrobothnia Gold Belt (MOGB) of central Finland”
High-grade surface samplepositive · Story-specific tag
No canonical definition is currently available.
Why it applies: Rock chip samples from Jukulainen show visible gold in outcrop with assays up to 43.7g/t Au.
Evidence · text
“Rock chip samples from Jukulainen show visible gold in outcrop with assays up to 43.7g/t Au”
Visible goldpositive · Story-specific tag
No canonical definition is currently available.
Why it applies: Rock chip samples from Jukulainen show visible gold in outcrop with assays up to 43.7g/t Au, see Figure 1.
Evidence · text
“Rock chip samples from Jukulainen show visible gold in outcrop with assays up to 43.7g/t Au, see Figure 1.”
Nearology Playneutral · Story-specific tag
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: Jukulainen is located in central Finland in close proximity to NNL’s three existing advanced gold projects in the region.
Evidence · text
“Jukulainen is located in central Finland in close proximity to NNL’s three existing advanced gold projects in the region”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: The information in this announcement that relates to Jukulainen Exploration Results and Company’s MOBG Mineral Resources is based on information compiled by Dr Hannu Makkonen, a consultant to the Company.
Evidence · text
“The information in this announcement that relates to Jukulainen Exploration Results and Company’s MOBG Mineral Resources is based on information compiled by Dr Hannu Makkonen, a consultant to the Company.”
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: Dr Makkonen has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code).
Evidence · text
“Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code).”
Stale Data Re-releasenegative · Story-specific tag
Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
Why it applies: Data for seven samples have been sourced from the database of Geological Survey of Finland (GTK), four samples from the records of Timalfi Partners Ay (Timalfi), and fourteen samples from the records of Magnus Minerals Oy (Magnus).
Evidence · text
“Data for seven samples have been sourced from the database of Geological Survey of Finland (GTK), four samples from the records of Timalfi Partners Ay (Timalfi), and fourteen samples from the records of Magnus Minerals Oy (Magnus).”
No QA/QC Disclosurenegative · Story-specific tag
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: Measures to ensure sample representativeness are unknown, but it is reasonable to assume the samples were mostly selected based on signs of mineralisation.
Evidence · text
“Measures to ensure sample representativeness are unknown, but it is reasonable to assume the samples were mostly selected based on signs of mineralisation.”
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: Cutoff grade of 0.4g/t AuEq was applied for Kopsa and 0.5g/t Au was applied for the Angesneva and Hirsikangas resource estimates, for the mineralisation deemed potentially mineable by open pit methods.
Evidence · text
“Cutoff grade of 0.4g/t AuEq was applied for Kopsa and 0.5g/t Au was applied for the Angesneva and Hirsikangas resource estimates”
Metal Equivalent Opaquenegative · Story-specific tag
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Why it applies: AuEq figures for the Kopsa resource calculation and reporting were calculated using US$3,500/oz gold price, US$14,000/t copper price and US$60/oz silver price. Recovery factors of 88%, 89% and 79% applied for Au, Cu and Ag respectively based on 2026 Kopsa metallurgical results and as recommended by NNL’s consultant Mr Chris Martin.
Evidence · text
“AuEq figures for the Kopsa resource calculation and reporting were calculated using US$3,500/oz gold price, US$14,000/t copper price and US$60/oz silver price. Recovery factors of 88%, 89% and 79% applied for Au, Cu and Ag respectively based on 2026 Kopsa metallurgical results and as recommended by NNL’s consultant Mr Chris Martin.”
Extracted facts
Stored fact records: 42. Some facts used in scoring do not have a stored record.
Resource Estimates (42)
measuredKopsa · goldTonnes: 14150000Grade: 0.9Grade Unit: g/tContained Metal: 0.41Contained Unit: mozView all detailsHide details
Identity
- Project
- Kopsa
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:013d742c6203148ce188
Resource Data
- Category
- measured
- Tonnes
- 14150000
- Grade
- 0.9
- Grade Unit
- g/t
- Contained Metal
- 0.41
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Kopsa project has a significant Measured gold resource, indicating high geological confidence and supporting potential economic viability.
Positive factors
- Measured Resource
- QP/CP Signed
- JORC Compliant
Evidence · table
“0.90”
Context: Measured Resources
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
measuredKopsa · copperTonnes: 14150000Grade: 0.15Grade Unit: %Contained Metal: 22Contained Unit: ktView all detailsHide details
Identity
- Project
- Kopsa
- Commodity
- copper
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:013d742c6203148ce188
Resource Data
- Category
- measured
- Tonnes
- 14150000
- Grade
- 0.15
- Grade Unit
- %
- Contained Metal
- 22
- Contained Unit
- kt
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Kopsa project has a Measured copper resource, providing byproduct potential, though the grade is typical for a porphyry deposit.
Positive factors
- Measured Resource
- QP/CP Signed
- JORC Compliant
Evidence · table
“0.15”
Context: Measured Resources
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
measuredKopsa · silverTonnes: 14150000Grade: 2.34Grade Unit: g/tContained Metal: 1.06Contained Unit: mozView all detailsHide details
Identity
- Project
- Kopsa
- Commodity
- silver
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:013d742c6203148ce188
Resource Data
- Category
- measured
- Tonnes
- 14150000
- Grade
- 2.34
- Grade Unit
- g/t
- Contained Metal
- 1.06
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Kopsa project has a Measured silver resource, contributing to the overall metal content and byproduct potential.
Positive factors
- Measured Resource
- QP/CP Signed
- JORC Compliant
Evidence · table
“2.34”
Context: Measured Resources
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
measuredKopsa · goldTonnes: 14150000Contained Metal: 0.51Contained Unit: mozView all detailsHide details
Identity
- Project
- Kopsa
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:013d742c6203148ce188
Resource Data
- Category
- measured
- Tonnes
- 14150000
- Contained Metal
- 0.51
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Metal Eq. Grade
- 1.13
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Kopsa project has a significant Measured gold equivalent resource, indicating high geological confidence and supporting potential economic viability.
Positive factors
- Measured Resource
- QP/CP Signed
- JORC Compliant
- Metal Equivalent Opaque
Evidence · table
“1.13”
Context: Measured Resources
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
indicatedKopsa · goldTonnes: 23090000Grade: 0.82Grade Unit: g/tContained Metal: 0.61Contained Unit: mozView all detailsHide details
Identity
- Project
- Kopsa
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:850ee36e643da7f726de
Resource Data
- Category
- indicated
- Tonnes
- 23090000
- Grade
- 0.82
- Grade Unit
- g/t
- Contained Metal
- 0.61
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Kopsa project has a substantial Indicated gold resource, providing reasonable geological confidence for economic studies.
Positive factors
- Indicated Resource
- QP/CP Signed
- JORC Compliant
Evidence · table
“0.82”
Context: Indicated Resources
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
indicatedKopsa · copperTonnes: 23090000Grade: 0.16Grade Unit: %Contained Metal: 37Contained Unit: ktView all detailsHide details
Identity
- Project
- Kopsa
- Commodity
- copper
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:850ee36e643da7f726de
Resource Data
- Category
- indicated
- Tonnes
- 23090000
- Grade
- 0.16
- Grade Unit
- %
- Contained Metal
- 37
- Contained Unit
- kt
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Kopsa project has an Indicated copper resource, contributing to the overall metal content and byproduct potential.
Positive factors
- Indicated Resource
- QP/CP Signed
- JORC Compliant
Evidence · table
“0.16”
Context: Indicated Resources
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
indicatedKopsa · silverTonnes: 23090000Grade: 2.41Grade Unit: g/tContained Metal: 1.79Contained Unit: mozView all detailsHide details
Identity
- Project
- Kopsa
- Commodity
- silver
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:850ee36e643da7f726de
Resource Data
- Category
- indicated
- Tonnes
- 23090000
- Grade
- 2.41
- Grade Unit
- g/t
- Contained Metal
- 1.79
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Kopsa project has an Indicated silver resource, contributing to the overall metal content and byproduct potential.
Positive factors
- Indicated Resource
- QP/CP Signed
- JORC Compliant
Evidence · table
“2.41”
Context: Indicated Resources
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
indicatedKopsa · goldTonnes: 23090000Contained Metal: 0.79Contained Unit: mozView all detailsHide details
Identity
- Project
- Kopsa
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:850ee36e643da7f726de
Resource Data
- Category
- indicated
- Tonnes
- 23090000
- Contained Metal
- 0.79
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Metal Eq. Grade
- 1.06
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Kopsa project has a substantial Indicated gold equivalent resource, providing reasonable geological confidence for economic studies.
Positive factors
- Indicated Resource
- QP/CP Signed
- JORC Compliant
- Metal Equivalent Opaque
Evidence · table
“1.06”
Context: Indicated Resources
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredKopsa · goldTonnes: 6790000Grade: 0.73Grade Unit: g/tContained Metal: 0.16Contained Unit: mozView all detailsHide details
Identity
- Project
- Kopsa
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:9f969540ebedbe3967db
Resource Data
- Category
- inferred
- Tonnes
- 6790000
- Grade
- 0.73
- Grade Unit
- g/t
- Contained Metal
- 0.16
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Kopsa project includes an Inferred gold resource, which is speculative and requires further drilling to improve confidence.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- Inferred Resource
Evidence · table
“0.73”
Context: Inferred Resources
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredKopsa · copperTonnes: 6790000Grade: 0.19Grade Unit: %Contained Metal: 13Contained Unit: ktView all detailsHide details
Identity
- Project
- Kopsa
- Commodity
- copper
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:9f969540ebedbe3967db
Resource Data
- Category
- inferred
- Tonnes
- 6790000
- Grade
- 0.19
- Grade Unit
- %
- Contained Metal
- 13
- Contained Unit
- kt
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Kopsa project includes an Inferred copper resource, which is speculative and requires further drilling to improve confidence.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- Inferred Resource
Evidence · table
“0.19”
Context: Inferred Resources
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredKopsa · silverTonnes: 6790000Grade: 2.96Grade Unit: g/tContained Metal: 0.65Contained Unit: mozView all detailsHide details
Identity
- Project
- Kopsa
- Commodity
- silver
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:9f969540ebedbe3967db
Resource Data
- Category
- inferred
- Tonnes
- 6790000
- Grade
- 2.96
- Grade Unit
- g/t
- Contained Metal
- 0.65
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Kopsa project includes an Inferred silver resource, which is speculative and requires further drilling to improve confidence.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- Inferred Resource
Evidence · table
“2.96”
Context: Inferred Resources
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredKopsa · goldTonnes: 6790000Contained Metal: 0.22Contained Unit: mozView all detailsHide details
Identity
- Project
- Kopsa
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:9f969540ebedbe3967db
Resource Data
- Category
- inferred
- Tonnes
- 6790000
- Contained Metal
- 0.22
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Metal Eq. Grade
- 1.01
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Kopsa project includes an Inferred gold equivalent resource, which is speculative and requires further drilling to improve confidence.
Positive factors
- QP/CP Signed
- JORC Compliant
- Metal Equivalent Opaque
Negative factors
- Inferred Resource
Evidence · table
“1.01”
Context: Inferred Resources
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
indicatedKopsa · goldTonnes: 44030000Grade: 0.83Grade Unit: g/tContained Metal: 1.18Contained Unit: mozView all detailsHide details
Identity
- Project
- Kopsa
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:eeabca568f10c1f26c60
Resource Data
- Category
- indicated
- Tonnes
- 44030000
- Grade
- 0.83
- Grade Unit
- g/t
- Contained Metal
- 1.18
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Kopsa project has a substantial total gold resource, with a significant portion in higher confidence categories, providing a strong foundation for economic studies.
Positive factors
- Indicated Resource
- QP/CP Signed
- JORC Compliant
Evidence · table
“0.83”
Context: Kopsa Total
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
indicatedKopsa · copperTonnes: 44030000Grade: 0.16Grade Unit: %Contained Metal: 71Contained Unit: ktView all detailsHide details
Identity
- Project
- Kopsa
- Commodity
- copper
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:eeabca568f10c1f26c60
Resource Data
- Category
- indicated
- Tonnes
- 44030000
- Grade
- 0.16
- Grade Unit
- %
- Contained Metal
- 71
- Contained Unit
- kt
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Kopsa project has a total copper resource, contributing to the overall metal content and byproduct potential.
Positive factors
- Indicated Resource
- QP/CP Signed
- JORC Compliant
Evidence · table
“0.16”
Context: Kopsa Total
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
indicatedKopsa · silverTonnes: 44030000Grade: 2.47Grade Unit: g/tContained Metal: 3.5Contained Unit: mozView all detailsHide details
Identity
- Project
- Kopsa
- Commodity
- silver
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:eeabca568f10c1f26c60
Resource Data
- Category
- indicated
- Tonnes
- 44030000
- Grade
- 2.47
- Grade Unit
- g/t
- Contained Metal
- 3.5
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Kopsa project has a total silver resource, contributing to the overall metal content and byproduct potential.
Positive factors
- Indicated Resource
- QP/CP Signed
- JORC Compliant
Evidence · table
“2.47”
Context: Kopsa Total
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
indicatedKopsa · goldTonnes: 44030000Contained Metal: 1.52Contained Unit: mozView all detailsHide details
Identity
- Project
- Kopsa
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:eeabca568f10c1f26c60
Resource Data
- Category
- indicated
- Tonnes
- 44030000
- Contained Metal
- 1.52
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Metal Eq. Grade
- 1.07
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Kopsa project has a substantial total gold equivalent resource, with a significant portion in higher confidence categories, providing a strong foundation for economic studies.
Positive factors
- Indicated Resource
- QP/CP Signed
- JORC Compliant
- Metal Equivalent Opaque
Evidence · table
“1.07”
Context: Kopsa Total
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
indicatedAngesneva · goldTonnes: 3850000Grade: 1.19Grade Unit: g/tContained Metal: 0.15Contained Unit: mozView all detailsHide details
Identity
- Project
- Angesneva
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:102947c5318db6273827
Resource Data
- Category
- indicated
- Tonnes
- 3850000
- Grade
- 1.19
- Grade Unit
- g/t
- Contained Metal
- 0.15
- Contained Unit
- moz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Angesneva project has an Indicated gold resource, providing reasonable geological confidence for economic studies.
Positive factors
- Indicated Resource
- QP/CP Signed
- JORC Compliant
Evidence · table
“1.19”
Context: Angesneva Indicated Resources
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
indicatedAngesneva · goldTonnes: 3850000Contained Metal: 0.15Contained Unit: mozView all detailsHide details
Identity
- Project
- Angesneva
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:102947c5318db6273827
Resource Data
- Category
- indicated
- Tonnes
- 3850000
- Contained Metal
- 0.15
- Contained Unit
- moz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-05-29
Metal Equivalent
- Metal Eq. Grade
- 1.19
- Metal Eq. Unit
- g/t AuEq
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Angesneva project has an Indicated gold equivalent resource, providing reasonable geological confidence for economic studies.
Positive factors
- Indicated Resource
- QP/CP Signed
- JORC Compliant
- Metal Equivalent Opaque
Evidence · table
“1.19”
Context: Angesneva Indicated Resources
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
indicatedAngesneva · goldTonnes: 3850000Grade: 1.19Grade Unit: g/tContained Metal: 0.15Contained Unit: mozView all detailsHide details
Identity
- Project
- Angesneva
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:102947c5318db6273827
Resource Data
- Category
- indicated
- Tonnes
- 3850000
- Grade
- 1.19
- Grade Unit
- g/t
- Contained Metal
- 0.15
- Contained Unit
- moz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-05-29
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Angesneva project has a total Indicated gold resource, providing reasonable geological confidence for economic studies.
Positive factors
- Indicated Resource
- QP/CP Signed
- JORC Compliant
Evidence · table
“1.19”
Context: Angesneva Total
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
indicatedAngesneva · goldTonnes: 3850000Contained Metal: 0.15Contained Unit: mozView all detailsHide details
Identity
- Project
- Angesneva
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:102947c5318db6273827
Resource Data
- Category
- indicated
- Tonnes
- 3850000
- Contained Metal
- 0.15
- Contained Unit
- moz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-05-29
Metal Equivalent
- Metal Eq. Grade
- 1.19
- Metal Eq. Unit
- g/t AuEq
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Angesneva project has a total Indicated gold equivalent resource, providing reasonable geological confidence for economic studies.
Positive factors
- Indicated Resource
- QP/CP Signed
- JORC Compliant
- Metal Equivalent Opaque
Evidence · table
“1.19”
Context: Angesneva Total
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
indicatedHirsikangas · goldTonnes: 2690000Grade: 1.17Grade Unit: g/tContained Metal: 0.1Contained Unit: mozView all detailsHide details
Identity
- Project
- Hirsikangas
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:fc631793ccf737c70e3e
Resource Data
- Category
- indicated
- Tonnes
- 2690000
- Grade
- 1.17
- Grade Unit
- g/t
- Contained Metal
- 0.1
- Contained Unit
- moz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-07-14
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Hirsikangas project has an Indicated gold resource, providing reasonable geological confidence for economic studies.
Positive factors
- Indicated Resource
- QP/CP Signed
- JORC Compliant
Evidence · table
“1.17”
Context: Hirsikangas Indicated Resources
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
indicatedHirsikangas · goldTonnes: 2690000Contained Metal: 0.1Contained Unit: mozView all detailsHide details
Identity
- Project
- Hirsikangas
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:fc631793ccf737c70e3e
Resource Data
- Category
- indicated
- Tonnes
- 2690000
- Contained Metal
- 0.1
- Contained Unit
- moz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-07-14
Metal Equivalent
- Metal Eq. Grade
- 1.17
- Metal Eq. Unit
- g/t AuEq
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Hirsikangas project has an Indicated gold equivalent resource, providing reasonable geological confidence for economic studies.
Positive factors
- Indicated Resource
- QP/CP Signed
- JORC Compliant
- Metal Equivalent Opaque
Evidence · table
“1.17”
Context: Hirsikangas Indicated Resources
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredHirsikangas · goldTonnes: 4600000Grade: 1.1Grade Unit: g/tContained Metal: 0.16Contained Unit: mozView all detailsHide details
Identity
- Project
- Hirsikangas
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:e1e1fa8a867a46567b22
Resource Data
- Category
- inferred
- Tonnes
- 4600000
- Grade
- 1.1
- Grade Unit
- g/t
- Contained Metal
- 0.16
- Contained Unit
- moz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-07-14
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Hirsikangas project includes an Inferred gold resource, which is speculative and requires further drilling to improve confidence.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- Inferred Resource
Evidence · table
“1.10”
Context: Hirsikangas Inferred Resources
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredHirsikangas · goldTonnes: 4600000Contained Metal: 0.16Contained Unit: mozView all detailsHide details
Identity
- Project
- Hirsikangas
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:e1e1fa8a867a46567b22
Resource Data
- Category
- inferred
- Tonnes
- 4600000
- Contained Metal
- 0.16
- Contained Unit
- moz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-07-14
Metal Equivalent
- Metal Eq. Grade
- 1.1
- Metal Eq. Unit
- g/t AuEq
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Hirsikangas project includes an Inferred gold equivalent resource, which is speculative and requires further drilling to improve confidence.
Positive factors
- QP/CP Signed
- JORC Compliant
- Metal Equivalent Opaque
Negative factors
- Inferred Resource
Evidence · table
“1.10”
Context: Hirsikangas Inferred Resources
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredHirsikangas · goldTonnes: 7290000Grade: 1.13Grade Unit: g/tContained Metal: 0.26Contained Unit: mozView all detailsHide details
Identity
- Project
- Hirsikangas
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:58ae2b72c5e9a2f65732
Resource Data
- Category
- inferred
- Tonnes
- 7290000
- Grade
- 1.13
- Grade Unit
- g/t
- Contained Metal
- 0.26
- Contained Unit
- moz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-07-14
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Hirsikangas project has a total gold resource, with a significant portion in the Inferred category, indicating early-stage confidence.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- Inferred Resource
Evidence · table
“1.13”
Context: Hirsikangas Total
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredHirsikangas · goldTonnes: 7290000Contained Metal: 0.26Contained Unit: mozView all detailsHide details
Identity
- Project
- Hirsikangas
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:58ae2b72c5e9a2f65732
Resource Data
- Category
- inferred
- Tonnes
- 7290000
- Contained Metal
- 0.26
- Contained Unit
- moz
- Cutoff Grade
- 0.5
- Cutoff Unit
- g/t Au
Prior Estimate
- Resource Date
- 2025-07-14
Metal Equivalent
- Metal Eq. Grade
- 1.13
- Metal Eq. Unit
- g/t AuEq
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The Hirsikangas project has a total gold equivalent resource, with a significant portion in the Inferred category, indicating early-stage confidence.
Positive factors
- QP/CP Signed
- JORC Compliant
- Metal Equivalent Opaque
Negative factors
- Inferred Resource
Evidence · table
“1.13”
Context: Hirsikangas Total
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
measuredMOGB Gold Projects · goldTonnes: 14150000Grade: 0.9Grade Unit: g/tContained Metal: 0.41Contained Unit: mozView all detailsHide details
Identity
- Project
- MOGB Gold Projects
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:9f7800124f51fba7777f
Resource Data
- Category
- measured
- Tonnes
- 14150000
- Grade
- 0.9
- Grade Unit
- g/t
- Contained Metal
- 0.41
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The combined MOGB projects have a significant Measured gold resource, indicating high geological confidence across the district.
Positive factors
- Measured Resource
- QP/CP Signed
- JORC Compliant
Evidence · table
“0.90”
Context: Combined Measured Resources
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
measuredMOGB Gold Projects · copperTonnes: 14150000Grade: 0.15Grade Unit: %Contained Metal: 22Contained Unit: ktView all detailsHide details
Identity
- Project
- MOGB Gold Projects
- Commodity
- copper
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:9f7800124f51fba7777f
Resource Data
- Category
- measured
- Tonnes
- 14150000
- Grade
- 0.15
- Grade Unit
- %
- Contained Metal
- 22
- Contained Unit
- kt
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The combined MOGB projects have a Measured copper resource, contributing to the overall metal content and byproduct potential.
Positive factors
- Measured Resource
- QP/CP Signed
- JORC Compliant
Evidence · table
“0.15”
Context: Combined Measured Resources
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
measuredMOGB Gold Projects · silverTonnes: 14150000Grade: 2.34Grade Unit: g/tContained Metal: 1.06Contained Unit: mozView all detailsHide details
Identity
- Project
- MOGB Gold Projects
- Commodity
- silver
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:9f7800124f51fba7777f
Resource Data
- Category
- measured
- Tonnes
- 14150000
- Grade
- 2.34
- Grade Unit
- g/t
- Contained Metal
- 1.06
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The combined MOGB projects have a Measured silver resource, contributing to the overall metal content and byproduct potential.
Positive factors
- Measured Resource
- QP/CP Signed
- JORC Compliant
Evidence · table
“2.34”
Context: Combined Measured Resources
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
measuredMOGB Gold Projects · goldTonnes: 14150000Contained Metal: 0.51Contained Unit: mozView all detailsHide details
Identity
- Project
- MOGB Gold Projects
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:9f7800124f51fba7777f
Resource Data
- Category
- measured
- Tonnes
- 14150000
- Contained Metal
- 0.51
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Metal Eq. Grade
- 1.13
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The combined MOGB projects have a significant Measured gold equivalent resource, indicating high geological confidence across the district.
Positive factors
- Measured Resource
- QP/CP Signed
- JORC Compliant
- Metal Equivalent Opaque
Evidence · table
“1.13”
Context: Combined Measured Resources
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
indicatedMOGB Gold Projects · goldTonnes: 29600000Grade: 0.9Grade Unit: g/tContained Metal: 0.86Contained Unit: mozView all detailsHide details
Identity
- Project
- MOGB Gold Projects
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:5aed134e98f0f01bad5f
Resource Data
- Category
- indicated
- Tonnes
- 29600000
- Grade
- 0.9
- Grade Unit
- g/t
- Contained Metal
- 0.86
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The combined MOGB projects have a substantial Indicated gold resource, providing reasonable geological confidence across the district.
Positive factors
- Indicated Resource
- QP/CP Signed
- JORC Compliant
Evidence · table
“0.90”
Context: Combined Indicated Resources
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
indicatedMOGB Gold Projects · copperTonnes: 29600000Grade: 0.12Grade Unit: %Contained Metal: 37Contained Unit: ktView all detailsHide details
Identity
- Project
- MOGB Gold Projects
- Commodity
- copper
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:5aed134e98f0f01bad5f
Resource Data
- Category
- indicated
- Tonnes
- 29600000
- Grade
- 0.12
- Grade Unit
- %
- Contained Metal
- 37
- Contained Unit
- kt
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The combined MOGB projects have an Indicated copper resource, contributing to the overall metal content and byproduct potential.
Positive factors
- Indicated Resource
- QP/CP Signed
- JORC Compliant
Evidence · table
“0.12”
Context: Combined Indicated Resources
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
indicatedMOGB Gold Projects · silverTonnes: 29600000Grade: 1.88Grade Unit: g/tContained Metal: 1.79Contained Unit: mozView all detailsHide details
Identity
- Project
- MOGB Gold Projects
- Commodity
- silver
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:5aed134e98f0f01bad5f
Resource Data
- Category
- indicated
- Tonnes
- 29600000
- Grade
- 1.88
- Grade Unit
- g/t
- Contained Metal
- 1.79
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The combined MOGB projects have an Indicated silver resource, contributing to the overall metal content and byproduct potential.
Positive factors
- Indicated Resource
- QP/CP Signed
- JORC Compliant
Evidence · table
“1.88”
Context: Combined Indicated Resources
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
indicatedMOGB Gold Projects · goldTonnes: 29600000Contained Metal: 1.03Contained Unit: mozView all detailsHide details
Identity
- Project
- MOGB Gold Projects
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:5aed134e98f0f01bad5f
Resource Data
- Category
- indicated
- Tonnes
- 29600000
- Contained Metal
- 1.03
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Metal Eq. Grade
- 1.09
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The combined MOGB projects have a substantial Indicated gold equivalent resource, providing reasonable geological confidence across the district.
Positive factors
- Indicated Resource
- QP/CP Signed
- JORC Compliant
- Metal Equivalent Opaque
Evidence · table
“1.09”
Context: Combined Indicated Resources
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredMOGB Gold Projects · goldTonnes: 11400000Grade: 0.88Grade Unit: g/tContained Metal: 0.32Contained Unit: mozView all detailsHide details
Identity
- Project
- MOGB Gold Projects
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:b6e65fdfb730f6eb411c
Resource Data
- Category
- inferred
- Tonnes
- 11400000
- Grade
- 0.88
- Grade Unit
- g/t
- Contained Metal
- 0.32
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The combined MOGB projects include an Inferred gold resource, which is speculative and requires further drilling to improve confidence.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- Inferred Resource
Evidence · table
“0.88”
Context: Combined Inferred Resources
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredMOGB Gold Projects · copperTonnes: 11400000Grade: 0.11Grade Unit: %Contained Metal: 13Contained Unit: ktView all detailsHide details
Identity
- Project
- MOGB Gold Projects
- Commodity
- copper
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:b6e65fdfb730f6eb411c
Resource Data
- Category
- inferred
- Tonnes
- 11400000
- Grade
- 0.11
- Grade Unit
- %
- Contained Metal
- 13
- Contained Unit
- kt
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The combined MOGB projects include an Inferred copper resource, which is speculative and requires further drilling to improve confidence.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- Inferred Resource
Evidence · table
“0.11”
Context: Combined Inferred Resources
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredMOGB Gold Projects · silverTonnes: 11400000Grade: 1.77Grade Unit: g/tContained Metal: 0.65Contained Unit: mozView all detailsHide details
Identity
- Project
- MOGB Gold Projects
- Commodity
- silver
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:b6e65fdfb730f6eb411c
Resource Data
- Category
- inferred
- Tonnes
- 11400000
- Grade
- 1.77
- Grade Unit
- g/t
- Contained Metal
- 0.65
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The combined MOGB projects include an Inferred silver resource, which is speculative and requires further drilling to improve confidence.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- Inferred Resource
Evidence · table
“1.77”
Context: Combined Inferred Resources
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredMOGB Gold Projects · goldTonnes: 11400000Contained Metal: 0.38Contained Unit: mozView all detailsHide details
Identity
- Project
- MOGB Gold Projects
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:b6e65fdfb730f6eb411c
Resource Data
- Category
- inferred
- Tonnes
- 11400000
- Contained Metal
- 0.38
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Metal Eq. Grade
- 1.05
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The combined MOGB projects include an Inferred gold equivalent resource, which is speculative and requires further drilling to improve confidence.
Positive factors
- QP/CP Signed
- JORC Compliant
- Metal Equivalent Opaque
Negative factors
- Inferred Resource
Evidence · table
“1.05”
Context: Combined Inferred Resources
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredMOGB Gold Projects · goldTonnes: 55200000Grade: 0.9Grade Unit: g/tContained Metal: 1.59Contained Unit: mozView all detailsHide details
Identity
- Project
- MOGB Gold Projects
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:bf6d7b84eca4b5b5d899
Resource Data
- Category
- inferred
- Tonnes
- 55200000
- Grade
- 0.9
- Grade Unit
- g/t
- Contained Metal
- 1.59
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The combined MOGB projects have a significant total gold resource, providing a district-scale inventory, though with a notable Inferred component.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- Inferred Resource
Evidence · table
“0.90”
Context: Combined Project Resources
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredMOGB Gold Projects · copperTonnes: 55200000Grade: 0.13Grade Unit: %Contained Metal: 71Contained Unit: ktView all detailsHide details
Identity
- Project
- MOGB Gold Projects
- Commodity
- copper
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:bf6d7b84eca4b5b5d899
Resource Data
- Category
- inferred
- Tonnes
- 55200000
- Grade
- 0.13
- Grade Unit
- %
- Contained Metal
- 71
- Contained Unit
- kt
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The combined MOGB projects have a total copper resource, contributing to the overall metal content and byproduct potential.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- Inferred Resource
Evidence · table
“0.13”
Context: Combined Project Resources
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredMOGB Gold Projects · silverTonnes: 55200000Grade: 1.97Grade Unit: g/tContained Metal: 3.5Contained Unit: mozView all detailsHide details
Identity
- Project
- MOGB Gold Projects
- Commodity
- silver
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:bf6d7b84eca4b5b5d899
Resource Data
- Category
- inferred
- Tonnes
- 55200000
- Grade
- 1.97
- Grade Unit
- g/t
- Contained Metal
- 3.5
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The combined MOGB projects have a total silver resource, contributing to the overall metal content and byproduct potential.
Positive factors
- QP/CP Signed
- JORC Compliant
Negative factors
- Inferred Resource
Evidence · table
“1.97”
Context: Combined Project Resources
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
inferredMOGB Gold Projects · goldTonnes: 55200000Contained Metal: 1.93Contained Unit: mozView all detailsHide details
Identity
- Project
- MOGB Gold Projects
- Commodity
- gold
- Region
- finland
- Reported Region
- central Finland
- Ticker
- NNL
Resource scope
- Estimate type
- resource
- Reporting standards
- jorc
- QP Signed
- Yes
- Qualified person names
- Dr Hannu Makkonen
- Resource group id
- resource:bf6d7b84eca4b5b5d899
Resource Data
- Category
- inferred
- Tonnes
- 55200000
- Contained Metal
- 1.93
- Contained Unit
- moz
- Cutoff Grade
- 0.4
- Cutoff Unit
- g/t AuEq
Prior Estimate
- Resource Date
- 2026-10-12
Metal Equivalent
- Metal Eq. Grade
- 1.09
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-18T00:00:00.000Z
Reasoning: The combined MOGB projects have a significant total gold equivalent resource, providing a district-scale inventory, though with a notable Inferred component.
Positive factors
- QP/CP Signed
- JORC Compliant
- Metal Equivalent Opaque
Negative factors
- Inferred Resource
Evidence · table
“1.09”
Context: Combined Project Resources
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
JORC Compliantpositive
Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
Why it applies: reporting_standards includes jorc
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.