09:02 AM EST, 02/10/2025 (MT Newswires) -- First Nordic Metals ( FNMCF ) said Monday that it launched a diamond drilling program at the Aida target on its Paubacken project in Sweden.
The company plans to drill an initial 5,150 meters in the first quarter, and expects to complete a further 5,000 to 10,000 meter of drilling on Aida throughout 2025.
"Starting at Aida, we are beginning the most comprehensive diamond drill program ever carried out on the Gold Line belt outside of our Barsele project," CEO Taj Singh said. "A vast majority of the Gold Line belt structural/geochemical trend, where we are by far the largest claimholders, with 100%-ownership of +80km of strike, has not been previously drill tested due to the lack of surface exposure and previous exploration in the area."
"FNM is now in a position to drill test multiple multi-kilometric targets on the Gold Line belt," Singh added.
First Nordic's share price rose 1% on Friday to $0.50 on the TSXV.