First Nordic Metals Reports Significant Discovery at Paubäcken Project in Northern Sweden

News Direct

Jun 27, 2024

–News Direct–

First Nordic Metals CEO Taj Singh joined Steve Darling from Proactive to share exciting results from the company's recent belt-scale glacial till geochemical survey and drilling program at its Paubäcken project in Northern Sweden. This project is located 30 km south of the company’s resource-stage Barsele project.

Singh announced a significant discovery at the Brokojan target, identifying it as a large orogenic gold system with a multi-element pathfinder till anomaly. Together with the adjacent Harpsund target, these two targets now form a large, semi-continuous southeast-northwest trending anomaly extending over a 5.5 km strike. The results also indicated an extension of bedrock anomalism along the Aida structural target by approximately 1 km to 1.5 km, which has now been tested and confirmed for gold mineralization.

The company, established in March 2024, boasts a significant land package in this region. It owns a major gold belt with 100 km of striking length and a 2.4-million-ounce gold project in joint venture with Agnico. Additionally, First Nordic Metals holds a greenstone belt project in Finland, containing a maiden resource of over 300,000 ounces of high-grade gold.First Nordic Metals plans to continue advancing these targets to the drill testing stage with follow-up exploration programs scheduled for 2024 including diamond drilling.

Contact Details

Proactive North America

+1 604-688-8158

na-editorial@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/first-nordic-metals-reports-significant-discovery-at-paubacken-project-in-northern-sweden-816635712

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