TORONTO, Aug. 29, 2025 /CNW/ – First Nordic Metals Corp. (the “Company” or “FNM”) (TSXV:FNM) (FNSE: FNMC SDB) (OTCQB:FNMCF) (FRA: HEG0) announces the release of its unaudited consolidated financial statements and management discussion and analysis (the “Unaudited Financial Statements”) for the three-month period ended June 30, 2025 (“Q2 2025”).
Q2 2025 Highlights:
- Announced positive base-of-till / top-of-bedrock (“BoT/ToB”) drill results at the Nippas target, including assays of up to 2.66 g/t Au, and launched a 5,000 m Phase 1 diamond drill program targeting two priority corridors
- Expanded the Aida target Phase 1 drill program from 5,000 m to 10,000 m following encouraging initial results
- Completed geochemical surveying and BoT/ToB drilling programs at the Harpsund target, confirming a large, robust gold anomaly, preparing Harpsund for Phase 1 diamond drilling in H2 2025
- Identified five new multi-kilometric gold anomalies across the Storjuktan project, bringing the total number of multi-kilometric gold targets on FNM’s 100%-owned Gold Line Belt projects to ten
- Announced the acquisition of EMX’s Nordic Business Unit, establishing a dedicated operational hub in Malå, Sweden, and integrating an experienced Nordic technical team
- Appointed seasoned mining executive Brendan Cahill to the Board of Directors
- As of June 30, 2025, the Company’s cash balance was C$2.7 million and current assets were C$4.3 million (cash + receivables, prepaids, etc.); subsequent to Q2 the Company …