#Canada #Toronto #gold #Aida #First Nordic Metals

First Nordic Metals Corp. Announces Promising Drill Results at Aida

Toronto, August 21, 2025 - First Nordic Metals Corp. (FNM) has unveiled significant advancements from its 2025 diamond drill campaign at the Aida target, located within the Paubäcken project in Västerbotten County, Sweden. As of now, the exploration has confirmed impressive gold intercepts and extended the mineralized strike length. This report summarizes the highlights and implications of the findings thus far.

Overview of Drill Results

The current update includes results from 14 out of 39 drill holes, demonstrating substantial gold grades in diverse sections of the Aida target. Notable results include:

• - 21.5 meters at 1.94 g/t Au (Drill Hole 2025-AID-038)
• - 4.6 meters at 5.45 g/t Au (Drill Hole 2025-AID-030)
• - 17.5 meters at 1.17 g/t Au (Drill Hole 2025-AID-027)

These results highlight a continuous mineralized corridor now extending over 2.1 kilometers, demonstrating the potential for larger gold acquisitions in the region. This drill program has also unearthed several new structures of gold mineralization, including the previously unknown blind Pharao Zone and a Northern Mafic Zone, confirming the rich potential of the Aida target.

Insights from the Drill Program

FNM's CEO, Taj Singh, expressed enthusiasm regarding the drill results, noting that they reveal encouraging grade-width combinations indicative of successful mineralization. The identification of multiple adjacent mineralized zones bolsters the resource potential not only for the ongoing exploration but for future development, allowing shared infrastructure across zones.

The investigative focus of this drill program was to effectively expand known mineralization within the Aida corridor, especially targeting areas to the north and south as well as deeper zones. Thus far, 12 of the 14 holes have intercepted gold-bearing structures, affirming exploration validity.

Implications for Future Exploration

The company is excited about the future, especially considering that significant portions of the structural corridor remain untested. There are plans for follow-up drill campaigns anticipated in Q4 2025 to continue assessing the Aida area, significantly bolstering the expanded mineralization area discovered thus far. Initial tests reveal promising outcomes, leading to optimism for confirming additional gold-bearing areas.

The geological context remains critical. The Aida target comprises complex geological structures with gold primarily hosted in sheared mafic volcanic units. The altered mineralization is associated with various lithologies, strengthening the argument for the existence of a large-scale orogenic gold system that could yield future discoveries.

About Aida Target

The Aida target forms part of a larger structural trend situated approximately 40 kilometers south of FNM's Barsele project and offers significant advantages due to its proximity to additional operational resources. A successful exploration here augments the potential to become a key asset in FNM's portfolio, where previous drilling programs established a foundation of gold resources over the past few years. The target is strategically located within Sweden's Gold Line, an essential geological feature known for hosting significant gold discoveries.

Conclusion

As First Nordic Metals continues to evaluate its findings, the future looks promising for the Aida project. The advance in drill results not only strengthens the current perception of the Aida target's potential but also sets the stage for future endeavors aimed at unlocking significant gold resources in northern Sweden. With further assays pending, the company remains poised to deepen its understanding of this multilayered mineral-rich province.