Drill Results
NordX Metals Commences Soil Sampling and Reports Initial Boulder Sample Assays at the Asento Uranium Project, Finland

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Executive Summary
- NordX Metals Corp. announced the commencement of a systematic soil sampling program and the receipt of initial assay results from boulder samples at its 100%-owned Asento Project in Finland.
- Initial boulder assays confirm widespread uranium mineralization, with 20 samples returning grades ranging from 0.005% U3O8 to 0.213% U3O8, supporting the interpretation that the boulders are proximal to a bedrock source.
- The company plans to integrate upcoming drone-based radiometric and magnetic surveys (Q3 2026) with geochemical data to define and prioritize drill targets for a planned program in Q4 2026/Q1 2027.
Key Details
- Project Location: Asento Project, Ranua, Lapland, Finland (100%-owned exploration license).
- Soil Sampling Program:
- Phase 1 consists of approximately 350 samples on a 400m x 400m grid.
- Includes tighter spaced lines targeting interpreted up-ice source areas of radioactive boulders.
- Samples focused on the top-of-till horizon.
- Submitted to CRS laboratories for multi-element geochemical analysis (uranium, base metals, gold pathfinders).
- Objectives: Delineate geochemical anomalies, refine "Bottom-of-Till" (BOT) drill targets, and improve understanding of ice-flow direction.
- Boulder Assay Results (20 samples):
- Grade Range: 0.005% U3O8 to 0.213% U3O8.
- Average Grade: 0.081% U3O8.
- Median Grade: 0.0665% U3O8.
- Top Highlights:
- 0.213% U3O8 (Sample 564615)
- 0.190% U3O8 (Sample 564606)
- 0.188% U3O8 (Sample 564602)
- 0.162% U3O8 (Sample 564610)
- Methodology: Selective grab samples of glacially transported float; non-systematic; no QA/QC measures (blanks/standards) inserted due to early-stage nature.
- Laboratory: ALS Laboratories (ISO/IEC 17025 accredited); samples dried, crushed, pulverized, and analyzed via ICP-MS and Au-ICP21.
- Upcoming Work:
- Geophysical Survey: High-resolution drone-based radiometric and magnetic survey engaged with Radai Oy.
- Timeline: Scheduled to commence in Q3 2026.
- Drill Program: Planned for Q4 2026 or Q1 2027, dependent on soil and geophysical results.
- Historical Context: Previous exploration by AREVA (now Orano) identified hundreds of mineralized boulders in a 9 sq km field and favorable bedrock structures via ground-penetrating radar.
- Regulatory: Uranium exploration permitted under Finnish Mining Act; future recovery requires separate license under Nuclear Energy Act.
Notable Quotes
- "The soil and boulder sampling together with the planned Q3 geophysical survey are designed to help us define and prioritize drill targets at Asento. We are very pleased with the results so far and look forward to updating the market with more results as they become available." — Jonathon Franklin, President and Director of NordX