Nordic Nickel
Financials:
Primary ticker: ASX:NNL
Stage of development: Exploration, Development
Primary minerals: Nickel & other battery minerals
Project to promote: Pulju Project
Project location: Finland
Website: nordicnickel.com
Nordic Nickel Limited is an ASX-listed nickel exploration and development company holding a district-scale landholding of highly prospective nickel sulphide tenements in the world-class Central Lapland Greenstone Belt (CLGB) of Finland. Nordic Nickel’s nickel sulphide exploration programme is focused on two key projects, the flagship Pulju Project and the Maaninkijoki 3 Project.
Highlights
• Strategy to become a major supplier of sustainably sourced, traceable, class 1 nickel sulphides and critical minerals.
• Two district-scale nickel-copper exploration assets in Northern Finland, in the Tier-1 Central Lapland Greenstone Belt (CLGB)
• Pulju Project capable of hosting both shallow disseminated nickel sulphides and high-grade massive sulphides
• Maiden 133.6Mt JORC (2012) Mineral Resource Estimate contains 278,520t Ni and 12,560t Co, based on shallow historical drilling
• 14-month, 22,000m drilling campaign underway with multiple wide nickel intercepts pointing to significant resource growth potential
• MRE update and Mineral Processing Study scheduled for late 2023
• Exceptional target pipeline across district-scale tenure – prioritising ‘high-grade company-makers
• Highly-credentialled team with extensive nickel experience
• Selected by BHP to participate in its inaugural 2023 Xplor Program
Cash: AUD5.4M (June 2023)
Debt: NIL
Major shareholders:
He Shin Kim – 11.84%
Robert Wrixon – 10.15%
Richard Gazal – 9.43%
Todd Ross – 2.08%
Lachlan Rutherford – 1.18%
Management Ownership – 12.23%
Map of Projects
Management Profile
Todd Ross – Managing Director & CEO
– Over 23 years’ experience in finance, derivatives and corporate advisory within the Natural Resources sector.
– Former Managing Director and Head of Western Australia for BNP Paribas.
– Specialist in project and acquisition financings across range of commodities across multiple jurisdictions.
– Previous roles include Senior Positions at BNP Paribas, Westpac, Royal Bank of Canada, CBA and Oakvale Capital.
– Holds a Bachelor of Business from Edith Cowan University and a Graduate Diploma in Applied Finance & Investment from FINSIA.
What is your rationale for taking part in 121 Mining Investment?
We would like to introduce Nordic Nickel to the broader investment and analyst community. We would also like to communicate updates and future plans to investors on NNL’s active drilling campaign at Nordic’s flagship Pulju Nickel Project.
What recent news would you like to highlight to investors attending?
20 September 2023 – Step-out Hole Intersects Wide Sulphide Zone
Drilling along 2km magnetic feature intersects substantial disseminated sulphide zone, including 7.5m of net-textured and semi-massive sulphides 500m south of the current MRE.
31 August 2023 – Assay Results Continue to Expand Mineralisation at Pulju
Step-out drilling intersects additional extensive near-surface nickel at Hotinvaara, highlighting near term growth in the current Mineral Resource.
14 July 2023 – Wide Nickel Sulphide Zones Continue at Hotinvaara
Multiple wide mineralised zones in latest diamond holes at Hotinvaara Prospect confirm extensive nickel system with significant growth potential.
26 May 2023 – First Hole Assays Confirm Extensive Nickel Sulphide System
HOT001 intersects multiple zones of disseminated sulphide mineralisation to 624m downhole, confirming significant scale and resource growth potential at Hotinvaara.
3 May 2023 – Mag Survey Confirms District Scale Potential at Pulju
Extensive high-resolution UAV magnetic survey highlights potential for multiple Hotinvaara-style ultramafic intrusives.