Nordic Nickel Limited advised that it has expanded the area under ELAs at its 100%-owned Pulju Project in Northern Finland after submitting applications for new exploration licences within its existing tenure. The Company has submitted nine new ELAs within the Pulju project area and one completely new Exploration Reservation Application immediately south of Pulju following positive outcomes stemming from its ongoing geological review of the nickel prospectivity of the district. The new ELAs cover a total area of 141km at the Pulju Project and are the result of the Company's ongoing review based on the previously announced historical drilling database, ground mapping and initial geophysics ­ all of which reinforce the enormous prospectivity of the area.

Nordic's new Exploration Reservation area, known as Tepasto, covers a total area of 245km and includes mineral prospects first discovered by Outokumpu in the late 1970's. Approximately 4,500m of shallow drilling was undertaken in the late 1970's and early 1980's at two main prospects within the new area, named Tepasto and Ruskisrova, where vein-hosted molybdenum (Mo) and copper (Cu) mineralisation was intersected. Copper and molybdenum prospects were also subsequently identified elsewhere in the reservation area but not followed up. The strong magnetic anomalies identified within the region, representing intrusive rocks of diverse composition, show that significant crustal-scale events occurred in the area and highlight the potential for different types of ore formation systems including magmatic, hydrothermal and skarn (alteration) related systems. Large-scale structures also transect the Tepasto region, offering the potential for shear zone hosted gold mineralisation.

No modern exploration activities have been reported on in the region. Finland's Exploration Reservation Application system ensures that the organisation applying for the Reservation is given priority over the area to allow for further studies to be undertaken, prior to an ELA being submitted. Nordic will now commence the process of evaluating the available geological data at Tepasto before finalising any new ELAs over the area.