Nordic Nickel (ASX:NNL) has mobilised a second diamond drilling rig to its flagship Pulju Nickel Project in Northern Finland’s Central Lapland Greenstone Belt.
The company says the delivery of the second diamond rig represents another key milestone in its maiden exploration program, which is already underway at the Hotinvaara prospect following the delivery of the first drill rig earlier this month.
Nordic Nickel adds that the second rig is the more powerful of the 2 rigs and is available for the company’s exclusive use of the next 3 years under an agreement negotiated alongside Finland’s leading exploration drilling company, Kati Drilling Oy, prior to the Initial Public Offering (IPO) in June last year.
The company also notes the rig will operate continuously at the project for the next 14 months and will be used to initially test the base of the cumulate layer, where accumulations of ‘higher-grade’ massive sulphide nickel are usually encountered, along with deeper geophysical electromagnetic (EM) anomalies encountered during 2022 geophysical surveys.
Nordic announces the start of the inaugural drilling program comes following the grant of 6 new exploration licences at the project, which added an extra 78.18km-square of tenure to the project’s total landholding, as announced by the company in December 2022.
“We are excited to now have two diamond drill rigs operational at Hotinvaara, and we look forward to seeing the results of the drilling and delivering some exciting and significant news-flow in the weeks and months ahead”
Commenting on the delivery of the second drill rig, Nordic Nickel Managing Director Todd Ross says: “We are excited to now have two diamond drill rigs operational at Hotinvaara, and we look forward to seeing the results of the drilling and delivering some exciting and significant news-flow in the weeks and months ahead.”
Nordic Nickel is an ASX-listed company that holds a ‘district-scale’ landholding of highly prospective nickel sulphide tenements in the ‘world-class’ Central Lapland Greenstone Belt of Finland. The company’s Pulju project contains mafic-ultramafic lithologies analogous to Anglo American’s nearby ‘world-class’ 44 million tonne (Mt) Sakatti copper-nickel-PGE deposit.
Images: Nordic Nickel Ltd
