Proactive - Interviews for investors

First Nordic Metals Reports Significant Discovery at Paubäcken Project in Northern Sweden

Episode Summary

First Nordic Metals CEO Taj Singh joined Steve Darling from Proactive to share exciting results from the company's recent belt-scale glacial till geochemical survey and drilling program at its Paubäcken project in Northern Sweden. This project is located 30 km south of the company’s resource-stage Barsele project. Singh announced a significant discovery at the Brokojan target, identifying it as a large orogenic gold system with a multi-element pathfinder till anomaly. Together with the adjacent Harpsund target, these two targets now form a large, semi-continuous southeast-northwest trending anomaly extending over a 5.5 km strike. The results also indicated an extension of bedrock anomalism along the Aida structural target by approximately 1 km to 1.5 km, which has now been tested and confirmed for gold mineralization. First Nordic Metals plans to continue advancing these targets to the drill testing stage with follow-up exploration programs scheduled for 2024 including diamond drilling. This discovery marks a promising development in the company's efforts to explore and develop significant orogenic gold mineral systems in Northern Sweden. The immediate focus is on advancing Swedish projects, with a detailed summer program planned. This includes preparing Palbacken for a serious drilling program by late 2024. #proactiveinvestors #tsxv #fnm #otcqb #fnmcf #mining #invest #investing #investment #investor #stockmarket #GoldMining, #Scandinavia, #SwedenMining, #FinlandMining, #GoldBelt, #AgnicoJV, #GreenstoneBelt, #HighGradeGold, #MiningHistory, #UndiscoveredDeposits, #Exploration, #PalbackenProject, #ParsleyProject, #MiningInvestment, #ResourceExpansion, #DiamondDrilling, #MiningPotential, #ProMiningPolicies, #SummerExplorationProgram #stocks #stock #stockmarketnews