11:04 AM EDT, 08/21/2025 (MT Newswires) -- First Nordic Metals ( FNMCF ) up 10% on last look, said Thursday the latest results from its diamond drill program at the Aida target, within the Paubacken project in northern Sweden, show gold bearing structures were intercepted in 12 of the 14 drill holes to date with visible gold identified in five drill holes

Highlights include 1.94 g/t gold over 21.5 m, 5.45 g/t gold over 4.6 m, and 1.17 g/t gold over 17.5 m.

First Nordic said that the gold-mineralized strike of the Aida corridor has been extended from 0.5 km to over 2.1 km, remaining open in all directions. Several new gold bearing structures were also identified.

"We are encouraged by this first batch of results, with notable grade-width combinations seen in many of the gold intercepts," said Taj Singh, chief executive officer. "The identification of multiple parallel mineralized zones adjacent to the Central Zone (original discovery) is particularly compelling; not only does it build on cumulative strike length, but any future development could potentially be shared across the zones."

First Nordic is up $0.04 to $0.38 on the TSX Venture Exchange.

Price: 0.38, Change: +0.04, Percent Change: +10.29