Nordic Nickel reported a successful listing on the ASX, raising 12 million AUD in an oversubscribed IPO. Exploring for magmatic nickel sulfides in northern Finland, the company holds two assets of which one has seen significant historic drilling and holds known nickel mineralization.
In the near future, the company plans to publish an initial JORC Resource based on historic drilling at the Hotinvaara prospect, commence down-hole and ground-based EM surveying in September, and start its maiden Pulju drill program in January 2023.
Drill traces with highlighted high-grade nickel assays at the Hotinvaara prospect, Pulju project (Source: www.nordicnickel.com)
