Vancouver, British Columbia – July 2, 2025 – Nordique Resources Inc. (“Nordique” or the “Company“) (CSE: NORD, OTC Pink: NORDF, FSE: V0U) is pleased to provide a corporate update and outline the upcoming exploration program at its flagship Isoneva Gold Project, located in the underexplored Western Finland Gold Belt. This announcement follows the signing of a definitive agreement with Gemdale Gold Inc. (“Gemdale“) granting Nordique the right to acquire up to a 100% interest in the Isoneva Project (see news release dated June 26, 2025).
Highlights
- Definitive Agreement Signed: The Company has signed a binding Definitive Agreement, establishing a clear path to earn up to 100% of the Isoneva Project and enabling full-scale exploration planning and execution.
- Phased Exploration Program: The Company is preparing a phased exploration program at Isoneva beginning with Base-of-Till (BOT) drilling in the second half of 2025, followed by targeted diamond drilling in early winter 2026.
- Highly Experienced Technical Team: The exploration program will be led by Gemdale’s technical team, with over 20 years of regional experience in Finland’s Western Finland Gold Belt, including program execution and drill targeting in glaciated terrain.
- Ongoing Exploration Catalysts: The exploration program is designed to deliver regular updates, with quick turnaround BOT results informing drill targeting and setting the stage for discovery-focused diamond drilling.
“Our team is excited to launch a systematic, data-driven program at Isoneva,” said Sharyn Alexander, CEO of Nordique. “Base of Till drilling is ideally suited for the glacial terrain of Finland and will allow us to quickly vector into mineralized zones, laying the groundwork for focused drilling in early 2026. Finland’s geology, infrastructure, and supportive regulatory environment make it an ideal jurisdiction for discovery, and we believe Isoneva has the potential to host a significant gold system. This phased exploration plan sets us up for a structured evaluation of the project area and steady news flow in the near term.”
Isoneva Gold Project
The Isoneva Gold Project covers 1,100 hectares (11.5 km2) within the Western Finland Gold Belt, approximately 80 kilometres south of the open pit Laiva Gold Mine and processing facility. The project is easily accessed via road with nearby port, power, and utility infrastructure.
Isoneva is defined by multiple trains of high-grade gold-bearing glacial boulders, with over 200 samples grading above 1.0 g/t Au, averaging approximately 14 g/t Au, and individual assays returning up to 462 g/t Au1 (see news release dated May 22, 2025). These boulders are interpreted to be locally derived from mineralized bedrock concealed beneath shallow overburden.
Historical exploration has identified gold-in-till and geophysical anomalies aligned with known structural trends, all of which support the presence of multiple mineralized source zones. Isoneva is located along a second-order structure near the crustal-scale Reisjärvi Shear Zone, and the presence of a 6.7 km contact zone between tonalitic intrusives and mafic volcanics presents strong potential for shear-hosted gold mineralization.
Limited historical diamond drilling on the project has intersected high-grade shear-hosted gold associated with quartz-arsenopyrite veining in several areas. Significant historical drill results2 include up to 17.9 m of 4.3 g/t Au (ISON004) and 0.41 m of 54 g/t Au (ISON014) (see news release dated May 22, 2025). These zones remain open along strike and at depth, and significant prospective areas within the project remain undrilled.
Figure 1: Planned Phase 1 Base of Till (BOT) Drill Program at Isoneva Project
Phase 1 Exploration Program
Nordique plans to initiate a Phase 1 Base-of-Till (BOT) drilling program to refine bedrock targets across the Isoneva property, scheduled to begin in Q3 2025 and extend into Q4. BOT drilling will focus on identifying in-situ mineralized bedrock sources up-ice of high-grade boulder trains and beneath gold-in-till and geophysical anomalies.
Recent exploration in the region highlights the effectiveness of modern techniques to track the sources of glacial boulder trains. With less than 1% outcrop across the property, BOT drilling is a proven and cost-effective exploration method in glaciated terrains such as Finland, sampling beneath glacial overburden and generating detailed geochemical and lithological datasets that guide diamond drill targeting.
Approximately 500 shallow BOT holes are planned across key target zones, including Uunikangas, Tiaskuru, and Korpisalo (Figure 1). Drill lines will be spaced between 100 and 400 metres, with a 40 metre sample spacing along the lines. Further infill lines will be considered based on initial results.
Uunikangas is defined by structurally controlled gold-bearing shear zones. Boulder sample highlights1 include up to 462 g/t Au and 180.5 g/t Au (see news release dated May 22, 2025). The western tonalite contact remains untested and is a high-priority target for follow-up drilling. A strong gold-in-till anomaly at the northern tip of the intrusion remains a key focus. Key historical diamond drill intercepts2 at Uunikangas include:
- 17.9 m of 4.3 g/t Au and 12.1 g/t Ag from 147.2 m, including 2.1 m of 24.8 g/t Au and 77.6 g/t Ag from 158.5 m (ISON004)
- 3.3 m @ 2.4 g/t Au and 1.1 g/t Ag from 61.8 m (ISON020)
- 4.1 m @ 3.2 g/t Au and 21.8 g/t Ag from 55.1 m (BelKan001)
Tiaskuru is interpreted to host a dilational structural zone with potential for high-grade veins. Mineralization is hosted in a structurally complex area with high-grade quartz-carbonate-arsenopyrite ± chalcopyrite veins in the northern part of the property. Mineralization is open in all directions and only limited historical drilling has been conducted. Boulders in the area include values up to 106 g/t Au1 (see news release dated May 22, 2025). Significant historical drill hole intercepts from Tiaskuru drill hole ISON0142 include:
- 0.41 m of 54 g/t Au and 32.6 g/t Ag from 159.5 m
- 0.44 m of 18.1 g/t Au and 6.7 g/t Ag from 165.6 m
The Korpisalo target is a strong gold-in-till anomaly with sulphidic signature down-ice. A high-chargeability IP anomaly at Korpisalo is in a structurally complex zone up-ice from the till anomaly with potential for disseminated or vein-hosted mineralization. It represents a high-priority, underexplored target with strong discovery potential that has never been drill tested.
The exploration program is designed to advance Isoneva through systematic, data-driven targeting, leveraging cost-effective geochemical techniques to increase discovery potential while minimizing surface disturbance. The work will be supported by Gemdale’s experienced technical team, who bring deep regional knowledge and a strong exploration track record in Finland.
Follow Up Diamond Drilling
Subject to results from the Phase 1 BOT program, Nordique plans to initiate a follow-up diamond drilling program of up to 1,000 metres in Q1 2026. Conducting the drill program during the colder months will allow for more efficient access to boggy or low-lying ground using frozen surfaces and temporary ice or snow roads. This approach significantly reduces ground disturbance while enabling drill mobilization to areas that may be inaccessible during other seasons.
Drill targets will be prioritized based on the integration of BOT data, boulder train distribution, historical drilling, and structural interpretation. The goal is to trace mineralized structures to source and test for continuity and scale of mineralization. Additional BOT sampling may be conducted to further refine targeting in areas requiring greater resolution to vector into mineralized structures.
Next Steps
With the definitive agreement in place, Nordique is currently finalizing contractor selection and field logistics for the 2025 field season. Further updates, including drill commencement and assay results, will be confirmed as budget and scheduling details are finalized.
The Company looks forward to delivering steady exploration news flow and updating shareholders as milestones are achieved and results become available.
Nordique Announces Director Changes
Nordique is also pleased to announce the appointment of Angus Campbell to its Board of Directors. Mr. Campbell commenced his career in a London-based hedge fund before moving into retail broking where he led a sales desk at one of London’s leading retail financial services providers. He progressed to becoming a recognised market analyst appearing regularly on Bloomberg, CNBC and Sky News before moving into PR and communications. In 2018, he established the boutique PR firm Nominis Advisory, serving both private and publicly listed companies across a broad range of sectors including financial services, technology and natural resources, including firms listed in both Canada and the UK.
Mr. Campbell is currently the CEO and a Director of GlobalBlock Digital Asset Trading Limited (BLOK.H:TSXV) and has previously served as a Director of TSX Venture Exchange listed Prestwick Capital Corporation, which is now called Legacy Gold Mines Ltd (LEGY:TSXV), following completion of its Qualifying Transaction to become a gold exploration and development company. Mr. Campbell graduated from the University of Exeter with a BA Hons in Business and Accounting with European Study in 2001.
Mr. Campbell replaces Jeremy Woodgate, who has resigned from the Board of Directors. The Company would like to thank Mr. Woodgate for his contributions and service.
References
1 Boulder samples have been compiled from two sources: Boulder samples collected by Gemdale Gold Inc or previous operators that were sent for assay, and laboratory reports are available; and online, freely accessible data file provided the Geological Survey of Finland relating to Layman Samples that have been submitted for assay. Readers are cautioned that boulder sampling is selective by nature and the results provided above are not necessarily representative of mineralization hosted at the Isoneva Property.
2 Refer to the Company’s news release dated May 22, 2025. Bulk intersections are reported at a cutoff grade of 0.3 g/t gold with maximum 5 m internal dilution. Orientation of mineralisation in drillholes is unclear. True widths are estimated as 65-85% of downhole intersect length.
Qualified Person and NI 43-101 Disclosure
Dr. Toby Strauss (CGeol.; EurGeol.), Director of Gemdale Gold Inc, is a Qualified Person as defined by National Instrument 43-101. Dr Strauss has verified the data supporting this news release. For the exploration information relating to the drillholes, verification has included: checking a proportion of the reported assays against the issued laboratory certificates; reviewing the QA/QC results of the assay workorders; reviewing drill logs and visually verifying sample depths against drill core photographs for drill core for the ISONxxx drillholes. For additional information relating to the drilling results discussed in this news release, including information regarding QA/QC and core sampling protocols, refer to the Company’s news release dated May 22, 2025. Boulder samples have been compiled from two sources: 1) Gemdale File = Boulder samples collected by Gemdale Gold Inc or previous operators that were sent for assay, and laboratory reports are available; and 2) Online, freely accessible data file provided the Geological Survey of Finland relating to Layman Samples that have been submitted for assay. Verification for the Gemdale boulder files includes checking a proportion of the reported assays in the Company database against the issued laboratory assay certificates. No verification has been conducted on the Layman Sample database. Readers are cautioned that boulder sampling is selective by nature and are not necessarily representative of mineralization hosted at the Isoneva Property. Dr Strauss is responsible for the accuracy of and has approved the technical information contained in this news release.
About Nordique Resources
Nordique Resources Inc. is a Canadian mineral exploration company focused on discovering and advancing high-potential gold opportunities, with a strategic mandate to build a diversified portfolio across prospective mineral belts. The Company’s flagship asset is the Isoneva Gold Project in the under-explored Western Finland Gold Belt. Nordique also maintains the early-stage Fairview Project in British Columbia. By pairing modern, data-driven exploration with strong local partnerships, Nordique aims to generate significant shareholder value through new discoveries in key jurisdictions.
For more information, investors are encouraged to review the Company’s public filings available at www.sedarplus.ca.
For further information, please contact:
Sharyn Alexander, Chief Executive Officer & Director
investors@nordiqueresources.com
Telephone: +1 (778) 650-3003
Forward-Looking Statements
This news release contains “forward looking statements” or “forward looking information” (collectively, “Forward Looking Statements”) that involve a number of risks and uncertainties. Forward Looking Statements are statements that are not historical facts and are generally, but not always, identified by the use of forward looking terminology such as “plans”, “targets”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “outlook”, “intends”, “anticipates”, “believes”, or variations of such words and phrases or that state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative of any of these terms or similar expressions. The Forward Looking Statements in this news release relate to, among other things the Company’s future exploration plans and likely approaches to exploration on the Isoneva Property. Forward Looking Statements are based on certain key assumptions and the opinions and estimates of management and the Qualified Person, as of the date such statements are made, and they involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any other future results, performance or achievements expressed or implied by the Forward Looking Statements. In addition to factors already discussed in this news release, such factors include, among others, risks relating to the Company’s business, including possible changes in project parameters, including schedule and budget, as plans continue to be refined; uncertainties with respect to actual results of current exploration activities; the impact of the conflict in Ukraine and the Middle East, including resulting changes to the Company’s supply chain and costs of supplies; product shortages; delivery and shipping issues; limitation on insurance coverage; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or in the completion of development or construction activities; opposition by social and non-government organizations to mining projects and smelting operations; unanticipated title disputes; claims or litigation; cyber attacks and other cybersecurity risks; changes to tax regimes in the jurisdictions in which the Company operates; as well as those risk factors discussed or referred to in any other documents filed from time to time with the securities regulatory authorities in all provinces and territories of Canada and available on SEDAR+ at www.sedarplus.ca . The reader has been cautioned that the foregoing list is not exhaustive of all factors which may have been used. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in Forward Looking Statements, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that Forward Looking Statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company’s Forward Looking Statements reflect current expectations regarding future events and speak only as of the date hereof. Unless required by securities laws, the Company undertakes no obligation to update Forward Looking Statements if circumstances or management’s estimates or opinions should change. Accordingly, readers are cautioned not to place undue reliance on Forward-Looking Statements.
