NNL - Nordic Resources

Nordic Nickel is focussed on discovering, developing, and supplying sustainably sourced, low carbon intensive critical minerals. Its projects are located in Europe (which is expected to become the second largest EV battery manufacturing hub outside of China) and in a region which is known to host world class nickel, copper and cobalt deposits but remains largely underexplored.

The Company has secured rights over a 425km2 district scale land package of previously explored and highly prospective nickel sulphide tenements in the Central Lapland Greenstone Belt of Finland. Finland is one of the first countries in Europe to develop a National Battery Strategy which recognises the country’s unique position across the full value chain in critical minerals and encourages development in the country.

The Company's flagship Pulju Project contains widespread nickel sulphide mineralisation in a region known to host world class nickel sulphide deposits. Previous drilling undertaken by Outokumpu (1982-1998) was shallow and focussed on near surface disseminated nickel. Nordic Nickel obtained access to the historic database and core of 51 holes drilled at the Pulju Project in 2021 and has undertaken initial geophysical surveys using Borehole Electromagnetic (EM) surveys and Fixed Loop EM with early indications showing strong conductors typically associated with massive sulphide mineralisation at depth.

In addition to the Pulju Project, Nordic Nickel has negotiated an earn-in agreement to acquire up to 75% of the Maaninkijoki 3 Project (MJ3 Project) over two stages. The MJ3 Project is located 10km east of the world class Sakatti Ni-CuCo-PGM deposit and is prospective for similar intrusive hosted or komatiite hosted magmatic nickel sulphides. Magnetic surveys at Maaninkijoki indicate interesting anomalism within the MJ3 tenement area and early-stage base of till sampling contained the highest copper and nickel anomalies across the Maaninkijoki group of tenements.

It is anticipated that NNL will list on the ASX during May 2022.

New Licences expand the footprint of the Pulju Project beyond the cornerstone Hotinvaara Prospect
HIGHLIGHTS
• Six new Exploration Licences granted without objection, covering a total area of 78.18km2 and encompassing areas of known mineralisation based on previously announced regional historical drilling.
• Majority of the mapped 25km strike length of highly prospective north-easterly oriented stratigraphy at Pulju now covered by granted Exploration Licences.
• Opportunity to further unlock the district-scale potential at the Pulju Project through further exploration beyond the initial Hotinvaara Licence.
• The Company has a further 10 applications (covering 156 km2) pending within the Pulju Project area, covering the entirety of the prospective belts.

I have entered the NNL in the 2023 C/Y Regatta

There is Nothing Like a Nickel Boom

I just love Maiden Voyages with a good looking Bottom Formation

Sailing The NNL---------One Week at a Time


NB: The rising MACD

Salute and Gods'Speed

Captain_Chaza said:

I have entered the NNL in the 2023 C/Y comp

There is Nothing Like a Nickel Boom

Click to expand...

should have gone in the monthly comp.
.... up 30% on no news today. There seems to be a bit of volume, which had been absent in the weeks of Dec.

Illiquid crap with bigger gaps than a decrepit wattle and daub hut... IMO.
(viewpoint from technical trading aspect only, not implying anything at all about the company... ?)

Dona Ferentes said:

should have gone in the monthly comp.
.... up 30% on no news today. There seems to be a bit of volume, which had been absent in the weeks of Dec.

Click to expand...

And likely higher again, when it opens ... now 27c

In a trading halt, placed on the Company’s securities pending a material announcement.

Dona Ferentes said:

And likely higher again, when it opens ... now 27c

In a trading halt, placed on the Company’s securities pending a material announcement.

Click to expand...

Fear not brave Sea-Cadet Officer Dona
I am holding on Tightly
Wish me luck?
Salute and Gods' speed

PS: I thought it would take at least a year to drill all 6 Tenements
So far So good,I guess

Captain_Chaza said:

: I thought it would take at least a year to drill all 6 Tenements

Click to expand...

who needs random results when Big Brother can step in and lend a hand?

BHP SELECTS NORDIC NICKEL TO PARTICIPATE IN ITS INAUGURAL XPLOR PROGRAM

Innovative accelerator program designed to support early-stage exploration companies looking for critical minerals required for the global energy transition

HIGHLIGHTS
• Nordic has been selected to participate in the 2023 BHP Xplor cohort.
• BHP will provide Nordic with US$500,000 in non-dilutive funding to support and accelerate its exploration plans during the Xplor Program period.
• The Xplor Program provides participants not only with funding, but also with full access to BHP’s deep expertise and global partnerships.

success all but guaranteed?

I have entered the NNL for the Feb Regatta
and Yes I would have won in January by a mile

But I feel The NNL is going to win many more monthly regattas this year

In Tightly held GOOD stocks There are very few sellers
Hence the Gaps !

I have been able to Hoist 3 Sheets as shown in the chart below
In Landlubber speak they call this "Accumulate"



NB : There is Always Plenty of Volume at the Top

Saluate and Gods' Speed

Nordic Nickel (ASX:NNL) reveals “exciting start” to drilling at Pulju project, Finland​

While assay results for the first hole are pending, the company said visual observations of the drill core indicated widespread sulphide mineralisation and increased the known footprint of prospective host rocks.

Live price chart: https://uk.advfn.com/p.php?pid=staticchart&s=ASX^NNL&p=0&t=1

So Far, So Good

As you can clearly see in the charts
She rocketed North ~50% during the Feb regatta and then lost all her wind and fell back into the Doldrums

Today I felt her finding some Wind UP 13.46 % and Hoisted my 4th and Final Storm Sail
I then entered her into The March Regatta
Hopefully my crew will hold on a lot tighter this month

Sailing the NNL -------------One Day at a Time------------------&------------ 5 minutes at a Time

Salute and Gods' Speed to all Brave Entrants

NNL for this Captain again in "The Greatest Monthly Regatta of Them All "

I don't understand how I can Lose Every Month this year? Something Stinks!​

How Can I Lose This Month !
Salute and Gods' Speed

Drilling Report out any day now
There are virtually No Buyers and Even Fewer Sellers
Could this be the Month that I have been waiting for?


Salute and Gods's Speed

Nothing happening here

Dona Ferentes said:

Nothing happening here

Click to expand...

still under list price of 2 years ago

.
Updated in-situ Mineral Resource Estimate sees contained nickel metal increase to 862,800t, demonstrating scale and significance of the Pulju Project.

HIGHLIGHTS
• Updated Mineral Resource Estimate completed for the Hotinvaara Prospect:
o MRE increased to 418Mt @ 0.21% Ni, 0.01% Co and 53ppm Cu for 862,800t
of contained Ni, 40,000t of contained Co and 22,100t of contained Cu;
o Indicated Resource now 42Mt @ 0.22% Ni, for 92,700t of contained Ni;
o Inferred Resource of 376Mt @ 0.21% Ni, for 770,100t of contained Ni.
• A substantial portion of the updated MRE is located within 250m of surface,
including 90,338t of contained Ni in the Indicated category and 368,750t as Inferred.
• The Company’s 28 holes drilled during 2023 have more than tripled the in-situ contained nickel estimate and the updated MRE now exceeds the upper end of the Company’s previously published Exploration Target.
• Previously reported test work indicated 83-94% of the total nickel is in sulphides,with excellent liberation characteristics.
• Detailed metallurgical test work program is now underway.
• Revised, in-situ MRE demonstrates that the Hotinvaara Prospect represents a fertile ultramafic system that hosts extensive disseminated nickel sulphides that continue well beyond the current exploration area.
• Positions Pulju as a strategically significant project in the context of the rapidly growing battery materials supply chain in Europe.
• Exploration planning underway to refine the next phase of exploration, with an emphasis on potential high-grade targets within the vast disseminated nickel sulphide complex defined at Pulju.

flatlining at $0.06


HIGHLIGHTS
• Firm commitments received to raise over A$1.05 million through a placement at A$0.06 per share.
• The placement was priced at the last closing price and a nil discount to the 15-day VWAP - a strong show of support from existing shareholders for the Company’s critical minerals projects and development strategy in Europe.
• The Company’s key focus is to maintain the district scale nickel-copper-cobalt opportunity represented by the Pulju tenement package in Finland while avoiding unnecessary dilution for shareholders at a difficult time in the nickel market.
• The Company continues to advance strategic partnership options to progress the Pulju Project in the meaningful fashion it deserves.
.
well, good luck

On December 5th, 2024, Nordic Nickel Limited changed its name to Nordic Resources Limited.