First Nordic drills 21.5 m of 1.94 g/t Au at Paubacken

Executive Summary

• First Nordic Metals released interim results from 14 of 39 holes in its 2025 Aida diamond drill program, highlighting multiple high‑grade gold intercepts (e.g., 5.45 g/t Au over 4.6 m).
• The mineralized strike length at the Aida target has been extended from ~0.5 km to >2.1 km and remains open in all directions, with three new zones identified (Pharao zone, Northern Mafic zone, plus additional parallel structures).
• Follow‑up drilling is planned for Q4 2025 to test the expanded corridor and deeper extensions; assays from the remaining 25 holes are pending.

Key Details

• Program scope: 39 diamond drill holes totaling 10,304 m completed in 2025. Results received for 14 holes (≈36%).
• Key intercepts:
• Hole 2025‑AID‑038 – 21.5 m @ 1.94 g/t Au (central zone), plus additional intervals of 7.0 m @ 1.30 g/t Au and 6.7 m @ 1.45 g/t Au in the newly identified Pharao zone.
• Hole 2025‑AID‑030 – 4.6 m @ 5.45 g/t Au in the Northern Mafic zone (northern extension).
• Hole 2025‑AID‑027 – 17.5 m @ 1.17 g/t Au within Pharao zone.
• Gold‑bearing structures: Intercepted in 12 of 14 holes; visible gold observed in five holes (2025‑AID‑001, 002, 005, 019, 030).
• Strike extension: Aida corridor now traced >2.1 km along strike, up to 250 m deep in central area.
• New zones identified:
• Pharao zone – blind‑to‑surface, true width ~40 m, traced 250 m in drill core.
• Northern Mafic zone – parallel to main corridor, high‑grade intercepts.
• Additional parallel east‑side structures adjacent to the Central zone.
• Open directions: All identified zones remain open north, south, east and west; >2 km of corridor remains untested.
• Future work: Follow‑up drill program scheduled for Q4 2025 targeting new zones and deeper extensions; full assay results pending from remaining 25 holes.
• Technical oversight: Qualified Person – Benjamin Gelber, P.Geo., chief technical adviser (NI 43‑101). QA/QC procedures performed by ALS Minerals (sample preparation, photon activation assay).

Notable Quotes

“We are encouraged by this first batch of results, with notable grade‑width combinations seen in many of the gold intercepts… The identification of multiple parallel mineralized zones adjacent to the Central zone is particularly compelling; not only does it build on cumulative strike length, but any future development could potentially be shared across the zones.” – Taj Singh, CEO, First Nordic Metals Corp.