# Nordic Resources clears first Kopsa met hurdle with gold recoveries up to 90pc

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/nordic-resources-clears-first-kopsa-met-hurdle-with-gold-recoveries-up-to-90pc--9b0bc04a-daa9-48ea-9ef3-ee711df52292

Original source: https://stockhead.com.au/resources/nordic-resources-clears-first-kopsa-met-hurdle-with-gold-recoveries-up-to-90pc/

Publisher: stockhead

Original announcement: 2026-09-24T01:38:35.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-24T03:03:15.278Z

Atlas analysis updated: 2026-09-24T03:03:15.278Z

- Company: Nordic Resources

- Ticker: NNL

- Exchange: Unavailable

- Region: Finland

- Primary commodity: Gold

- Secondary commodities: Copper, Silver

- Document categories: Metallurgy

- Extracted: 2026-09-24 03:03:16 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Nordic Resources has reported strong first-pass gold and copper recoveries at its Kopsa project in Finland using locked-cycle and variability testing. The results demonstrate that a single conventional flowsheet can achieve up to 90% gold and 91% copper recovery across both stockwork and tonalite mineralization types.

Reasoning: Strong first-pass metallurgical results \(up to 90% Au\) across two mineralization styles provide significant de-risking ahead of a resource update.

- Positive factor: High gold and copper recoveries achieved via a single flowsheet

- Positive factor: Gold is free-milling, reducing processing complexity

- Positive factor: Improved recoveries compared to historical testwork

- Positive factor: Strong silver recovery demonstrated for the first time

Facts used in scoring: 8

## Classification and evidence

**Free Milling**

Polarity: positive

Definition: Simple, clean ore amenable to standard processing without oxidation.

Why it applies: Gold proved consistently free milling in the tested material, without requiring sulphide pre-oxidation.

Evidence · text

> Gold proved consistently free milling in the tested material

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: The proposed route involves grinding, flotation, and leaching.

Evidence · text

> The proposed route starts with grinding and copper flotation

**Multi-Domain Tested**

Polarity: positive

Definition: Variability across ore domains \(oxide, transition, fresh\) has been addressed.

Why it applies: 2 distinct composites were tested

## Extracted facts

Stored fact records: 8. Some facts used in scoring do not have a stored record.

## Metallurgical Results (8)

### locked-cycle

[Link to this fact](https://atlas-staging.minestarters.com/news/nordic-resources-clears-first-kopsa-met-hurdle-with-gold-recoveries-up-to-90pc--9b0bc04a-daa9-48ea-9ef3-ee711df52292#fact-metallurgical-facts-0)

Kopsa · gold

#### Identity

- Project: Kopsa
- Commodity: gold
- Region: finland
- Reported Region: Finland
- Ticker: NNL

#### Test Work

- Program Status: preliminary
- Test Type: locked-cycle
- Processing Route: grinding and copper flotation, followed by flotation of remaining sulphides, finer grinding and leaching
- Sample: stockwork master composite \(locked-cycle\)

#### Recovery

- Recovery: 90 %
- Recovery Basis: actual\_test

#### Lab

- Laboratory: Blue Coast Research

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: 90% gold recovery in locked-cycle testing is a strong result for the stockwork domain.

- Positive factor: High recovery for stockwork material

Evidence · text

> Locked-cycle tests... achieved overall recoveries of 90% gold

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

### locked-cycle

[Link to this fact](https://atlas-staging.minestarters.com/news/nordic-resources-clears-first-kopsa-met-hurdle-with-gold-recoveries-up-to-90pc--9b0bc04a-daa9-48ea-9ef3-ee711df52292#fact-metallurgical-facts-1)

Kopsa · copper

#### Identity

- Project: Kopsa
- Commodity: copper
- Region: finland
- Reported Region: Finland
- Ticker: NNL

#### Test Work

- Program Status: preliminary
- Test Type: locked-cycle
- Processing Route: grinding and copper flotation, followed by flotation of remaining sulphides, finer grinding and leaching
- Sample: stockwork master composite \(locked-cycle\)

#### Recovery

- Recovery: 91 %
- Recovery Basis: actual\_test

#### Lab

- Laboratory: Blue Coast Research

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: 91% copper recovery is a strong result for the stockwork domain.

- Positive factor: High copper recovery in locked-cycle testing

Evidence · text

> achieved overall recoveries of... 91% copper

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

### locked-cycle

[Link to this fact](https://atlas-staging.minestarters.com/news/nordic-resources-clears-first-kopsa-met-hurdle-with-gold-recoveries-up-to-90pc--9b0bc04a-daa9-48ea-9ef3-ee711df52292#fact-metallurgical-facts-2)

Kopsa · silver

#### Identity

- Project: Kopsa
- Commodity: silver
- Region: finland
- Reported Region: Finland
- Ticker: NNL

#### Test Work

- Program Status: preliminary
- Test Type: locked-cycle
- Processing Route: grinding and copper flotation, followed by flotation of remaining sulphides, finer grinding and leaching
- Sample: stockwork master composite \(locked-cycle\)

#### Recovery

- Recovery: 76 %
- Recovery Basis: actual\_test

#### Lab

- Laboratory: Blue Coast Research

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: 76% silver recovery is noted as a positive new demonstration for the project.

- Positive factor: Demonstrates strong recovery of payable silver for the first time

Evidence · text

> achieved overall recoveries of... 76% silver from the stockwork master composite

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

### locked-cycle

[Link to this fact](https://atlas-staging.minestarters.com/news/nordic-resources-clears-first-kopsa-met-hurdle-with-gold-recoveries-up-to-90pc--9b0bc04a-daa9-48ea-9ef3-ee711df52292#fact-metallurgical-facts-3)

Kopsa · gold

#### Identity

- Project: Kopsa
- Commodity: gold
- Region: finland
- Reported Region: Finland
- Ticker: NNL

#### Test Work

- Program Status: preliminary
- Test Type: locked-cycle
- Processing Route: grinding and copper flotation, followed by flotation of remaining sulphides, finer grinding and leaching
- Sample: tonalite master composite \(locked-cycle\)

#### Recovery

- Recovery: 86 %
- Recovery Basis: actual\_test

#### Lab

- Laboratory: Blue Coast Research

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: 86% gold recovery in tonalite is a solid result.

- Positive factor: Consistent recovery across mineralization styles

Evidence · text

> The tonalite master composite returned 86% gold

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

### locked-cycle

[Link to this fact](https://atlas-staging.minestarters.com/news/nordic-resources-clears-first-kopsa-met-hurdle-with-gold-recoveries-up-to-90pc--9b0bc04a-daa9-48ea-9ef3-ee711df52292#fact-metallurgical-facts-4)

Kopsa · copper

#### Identity

- Project: Kopsa
- Commodity: copper
- Region: finland
- Reported Region: Finland
- Ticker: NNL

#### Test Work

- Program Status: preliminary
- Test Type: locked-cycle
- Processing Route: grinding and copper flotation, followed by flotation of remaining sulphides, finer grinding and leaching
- Sample: tonalite master composite \(locked-cycle\)

#### Recovery

- Recovery: 88 %
- Recovery Basis: actual\_test

#### Lab

- Laboratory: Blue Coast Research

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: 88% copper recovery in tonalite is a solid result.

- Positive factor: Consistent recovery across mineralization styles

Evidence · text

> The tonalite master composite returned... 88% copper

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

### locked-cycle

[Link to this fact](https://atlas-staging.minestarters.com/news/nordic-resources-clears-first-kopsa-met-hurdle-with-gold-recoveries-up-to-90pc--9b0bc04a-daa9-48ea-9ef3-ee711df52292#fact-metallurgical-facts-5)

Kopsa · silver

#### Identity

- Project: Kopsa
- Commodity: silver
- Region: finland
- Reported Region: Finland
- Ticker: NNL

#### Test Work

- Program Status: preliminary
- Test Type: locked-cycle
- Processing Route: grinding and copper flotation, followed by flotation of remaining sulphides, finer grinding and leaching
- Sample: tonalite master composite \(locked-cycle\)

#### Recovery

- Recovery: 82 %
- Recovery Basis: actual\_test

#### Lab

- Laboratory: Blue Coast Research

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: 82% silver recovery in tonalite is a solid result.

- Positive factor: Consistent recovery across mineralization styles

Evidence · text

> The tonalite master composite returned... 82% silver recovery

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

### variability

[Link to this fact](https://atlas-staging.minestarters.com/news/nordic-resources-clears-first-kopsa-met-hurdle-with-gold-recoveries-up-to-90pc--9b0bc04a-daa9-48ea-9ef3-ee711df52292#fact-metallurgical-facts-6)

Kopsa · gold

#### Identity

- Project: Kopsa
- Commodity: gold
- Region: finland
- Reported Region: Finland
- Ticker: NNL

#### Test Work

- Program Status: preliminary
- Test Type: variability
- Sample: stockwork material \(variability\)

#### Recovery

- Recovery: 90 %
- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: 90% gold recovery in variability testing demonstrates consistency.

- Positive factor: High recovery even at lower grades

Evidence · text

> Variability tests averaged 90% gold recovery for stockwork material

### variability

[Link to this fact](https://atlas-staging.minestarters.com/news/nordic-resources-clears-first-kopsa-met-hurdle-with-gold-recoveries-up-to-90pc--9b0bc04a-daa9-48ea-9ef3-ee711df52292#fact-metallurgical-facts-7)

Kopsa · gold

#### Identity

- Project: Kopsa
- Commodity: gold
- Region: finland
- Reported Region: Finland
- Ticker: NNL

#### Test Work

- Program Status: preliminary
- Test Type: variability
- Sample: tonalite material \(variability\)

#### Recovery

- Recovery: 88 %
- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-24T00:00:00.000Z

Reasoning: 88% gold recovery in variability testing demonstrates consistency.

- Positive factor: High recovery even at lower grades

Evidence · text

> and 88% for tonalite

## 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.
