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LandSverige
ListaFirst North Stockholm
SektorRåvaror
IndustriGruvdrift & metaller
Northgold är verksamt inom gruvsektorn. Bolaget är specialiserat inom prospektering, exploatering samt vidare distribution av ädelmetaller. Råvarorna består huvudsakligen av guld och silver. Kunderna återfinns inom ett flertal branscher, med störst inriktning mot grossister samt diverse återförsäljare. Verksamheten bedrivs med störst närvaro i Finland.
Copper assays from Kopsa significantly strengthen previously reported drill results
2023-11-02 08:45:00

Stockholm, 2 November 2023. Northgold AB (Nasdaq First North Growth Market: “NG”, or “Northgold” or the “Company”) announces positive copper assay results from three important step-out drill holes completed earlier this year as part of resource extension drilling at its flagship Kopsa gold and copper project in Central Finland, which improve and widen previously reported positive gold intersections (see press release dated 20 September 2023).

Highlights

  • These copper assays not only improve the grades of previously reported gold intersections, but also help infill and broaden them.
  • The average grade of the previously reported gold intersections in deep drill hole NGKOP23034 that spanned a combined 71.95m and doubled the depth of the main mineralized zone (see Figure 1), has now improved by 25% from 1.10 grams per tonne (“g/t”) gold (“Au”) to 1.37 g/t gold-equivalent (“AuEq”).
  • The average gold grade of the previously reported main zone intersections across all three of these drill holes was 0.92 g/t Au, and is now improved by 28% to an average grade of 1.17 g/t AuEq.
  • The average combined downhole width of the previously reported highlighted gold intersections within the main zone across these three drill holes was 54.55m per hole, and has now improved by a substantial 57% to 85.45m per hole.
  • Highlighted copper results from 250m S-SW step-out hole NGKOP23034 (and re-stated gold results with combined gold-equivalent results) include:
    • 0.35 g/t AuEq over 19.4m (0.14 g/t Au and 0.14% copper (“Cu”)) from 34.9m downhole depth (25.9m vertical depth), including:
      • 0.70 g/t AuEq over 3.85m (0.27 g/t Au and 0.29% Cu) from 44.5m (33.1m),
    • 0.99 g/t AuEq over 105.7m (0.78 g/t Au and 0.14% Cu) from 208.2m (154.7m), including:
      • 1.41 g/t AuEq over 34.2m (1.17 g/t Au and 0.16% Cu) from 208.2m (154.7m), which includes:
        • 4.77 g/t AuEq over 4.25m (4.28 g/t Au and 0.33% Cu) from 209.6m (155.8m),
      • 1.34 g/t AuEq over 37.75m (1.03 g/t Au and 0.21% Cu) from 276.15m (205.2m), which includes:
        • 3.17 g/t AuEq over 7.95m (2.55 g/t Au and 0.42 % Cu) from 299.65m (222.7m).
  • Highlighted copper results from 100m S-SW step-out hole NGKOP23032 (and re-stated gold results with combined gold-equivalent results) include:
    • 0.78 g/t AuEq over 100.65m (0.56 g/t Au and 0.14% Cu) from 129.25m (96.1m), including:
      • 1.68 g/t AuEq over 9.75m (1.44 g/t Au and 0.16% Cu) from 156.25m (116.1m), which includes:
        • 4.24 g/t AuEq over 1.3m (3.84 g/t Au and 0.27% Cu) from 159.7m (118.7m),
      • 0.85 g/t AuEq over 50.55m (0.62 g/t Au and 0.16% Cu) from 179.35m (133.3m), which includes:
        • 1.28 g/t AuEq over 24.65m (1.00 g/t Au and 0.19% Cu) from 183.35m (136.3m), which includes:
          • 3.56 g/t AuEq over 3.75m (3.31 g/t Au and 0.17% Cu) from 193.25m (143.6m).
  • Highlighted copper results from 75m S-SW step-out hole NGKOP23031 (and re-stated gold results with combined gold-equivalent results) include:
    • 6.31 g/t AuEq over 5.25m (6.17 g/t Au and 0.10% Cu) from 57.15m (41.8m), including:
      • 21.06 g/t AuEq over 0.85m (21g/t Au and 0.04% Cu) from 57.15m (41.8m),
    • 3.65 g/t AuEq over 1.15m (3.61 g/t Au and 0.03% Cu) from 91.65m (67.0m),
    • 1.50 g/t AuEq over 8.8m (1.19 g/t Au and 0.21% Cu) from 130.1m (95.1), including:
      • 3.17 g/t AuEq over 2.4m (2.6 g/t Au and 0.38% Cu) from 135.7m (99.2m),
    • 0.68 g/t AuEq over 50m (0.48 g/t Au and 0.13% Cu) from 148.6m (110.4m), including:
      • 0.92 g/t AuEq over 22.6m (0.69 g/t Au and 0.15% Cu) from 176m (128.7m), which includes:
        • 1.51 g/t AuEq over 6.75m (1.19 g/t Au and 0.21% Cu) from 186.45m (136.4m).

Mitch Vanderydt, CEO, comments: “These deep copper results are slightly better than what is typical for the Kopsa deposit. And when combined with the previously reported gold grades and widths that also appeared to be improving towards depth, these results should help to unlock the value of the gold-copper mineralization that lies beneath the existing deposit, as will be confirmed in the next resource update.”

Additional information on today’s reported results and completed 2023 drill program
Drill hole collar location information pertaining to these three drill holes were previously reported in press release dated 20 September 2023 along with the gold assays. As mentioned therein, these three drill holes account for 700m of the 2,300m (across 11 holes) completed as part of the 2023 drill program across Kopsa and Kiimala Trend projects. Assays are pending for the remaining eight drill holes, to be announced in the coming weeks as they are received from the assay lab and processed.

These three drill holes for which copper results are reported (NGKOP23031, NGKOP23032, and NGKOP23034) were step-out holes drilled roughly 75m, 100m, and 250m S-SW of the 2023 resource outline (see Figure 1), and were aimed at increasingly extending central portions of the main gold and copper mineralized zone to the S-SW and towards depth (see Figure 2).

Drill hole NGKOP23034 intersected main zone gold mineralization in two intervals (1.17g/t Au over 34.2m and 1.03g/t Au over 37.75m) together spanning 72m along the drill hole as previously reported, which has now improved to a merged and broadened 0.99 g/t AuEq over 105.7m (0.78 g/t Au and 0.14% Cu).

Drill hole NGKOP23032 intersected main zone mineralization in two intervals (1.44g/t Au over 9.75m and 0.62g/t Au over 50.55m) together spanning 60m along the drill hole as previously reported, which has now improved to a merged and broadened 0.78 g/t AuEq over 100.65m (0.56 g/t Au and 0.14% Cu).

Drill hole NGKOP23031 intersected main zone mineralization in two intervals (1.19g/t Au over 8.8m and 0.69g/t over 22.6m) together spanning 31m along the drill hole as previously reported, the first of which has now improved to 1.5 g/t AuEq over 8.8m (1.19g/t Au and 0.21% Cu) and the second of which has now improved to a broadened 0.68 g/t AuEq over 50m (0.48 g/t Au and 0.13% Cu).

Table 1: Gold assay results reported from Kopsa

Drill HoleTarget Description
From
(m)		To
(m)
Interval
(m)		Gold Grade
(g/t Au)		Copper Grade
(% Cu)		Gold Equivalent Grade
(g/t AuEq)		Cu share of metal value
(% increase from g/t Au to g/t AuEq)
NGKOP2303175m S-SW step-out
8.59.5
10.470.10%0.6224%



10.511.4
0.90.540.05%0.6212%



19.720.4
0.70.480.03%0.529%



21.221.9
0.70.350.05%0.4318%



21.922.65
0.750.280.04%0.3418%



24.225.2
10.570.06%0.6513%



40.941.9
10.380.02%0.418%



4647
10.260.04%0.3218%



47.8548.35
0.50.300.08%0.4228%



49.550.5
10.220.12%0.4044%



53.654.3
0.70.220.05%0.3026%



57.1562.4
5.256.170.10%6.312%


including57.1558
0.8521.000.04%21.060.3%


which includes5859
10.440.07%0.5520%


and includes61.462.4
113.950.13%14.151%



63.464.2
0.80.200.06%0.2931%



68.569.35
0.850.130.12%0.3057%



91.6592.8
1.153.610.03%3.651%


including91.6592.3
0.653.490.02%3.521%


and including92.392.8
0.53.760.04%3.821%



108109
10.200.11%0.3646%



116116.75
0.750.300.04%0.3718%



125.2126.2
10.280.14%0.4941%



127.7128.6
0.90.140.19%0.4267%



129.25130.1
0.850.110.19%0.3971%



130.1138.9
8.81.190.21%1.5021%


including130.1131.1
11.590.25%1.9619%


and including131.85132.6
0.750.220.10%0.3739%


and including132.6133.1
0.51.520.13%1.7111%


and including133.1133.6
0.50.900.04%0.967%


and including135.15135.7
0.550.620.39%1.2048%



135.7138.1
2.42.600.38%3.1718%



135.7136.5
0.83.310.64%4.2622%



136.5137.1
0.61.470.29%1.9023%



137.1138.1
12.710.23%3.0611%



138.1138.9
0.80.820.20%1.1126%



143.5144
0.50.980.06%1.078%



148.6198.6
500.480.13%0.6830%


including148.6149.6
10.550.13%0.7426%


and including149.6150.2
0.61.580.22%1.9017%


and including150.2150.9
0.70.200.18%0.4757%


and including151.6152.3
0.70.060.17%0.3280%


and including152.3153.3
10.380.24%0.7348%


and including155.3156.3
10.240.06%0.3328%


and including156.3157.1
0.80.320.05%0.4020%


and including158.1159.1
10.290.10%0.4434%


and including160.1161.1
10.370.10%0.5129%


and including161.1162
0.90.670.07%0.7814%


and including165.7166.6
0.90.560.30%1.0045%


and including166.6167.4
0.80.850.23%1.1929%


and including167.4168.2
0.80.150.18%0.4265%


and including168.2169
0.80.420.35%0.9555%


and including169169.8
0.80.830.26%1.2132%


and including169.8170.6
0.80.430.11%0.6028%


and including172173
10.280.13%0.4740%


and including173174
10.340.10%0.4931%


and including176198.6
22.60.690.15%0.9225%


which includes176176.9
0.90.450.07%0.5519%


and includes176.9177.7
0.80.480.04%0.5310%


and includes177.7178.4
0.70.410.14%0.6233%


and includes178.4179.4
10.330.11%0.4933%


and includes179.4180.4
11.060.13%1.2616%


and includes180.4181.2
0.80.720.13%0.9121%


and includes181.2182
0.81.360.20%1.6518%


and includes182183
10.270.18%0.5449%


and includes183184
10.320.35%0.8462%


and includes184185
10.360.23%0.7048%


and includes185185.6
0.60.360.19%0.6344%


and includes185.6186.45
0.850.340.09%0.4829%


and includes186.45193.2
6.751.190.21%1.5121%


which includes186.45187.3
0.850.780.18%1.0526%


and includes187.3188.3
10.480.26%0.8644%


and includes188.3189.2
0.93.730.30%4.1811%


and includes189.2189.9
0.72.340.26%2.7314%


and includes189.9190.8
0.90.520.30%0.9746%


and includes190.8191.7
0.90.290.11%0.4535%


and includes191.7192.5
0.80.640.11%0.8121%


and includes192.5193.2
0.70.910.17%1.1722%


and includes193.2194
0.80.410.04%0.4714%


and includes196.9197.5
0.60.530.17%0.7932%


and includes197.5198.15
0.650.820.15%1.0521%


and includes198.15198.6
0.451.740.20%2.0415%



202.85203.85
10.140.11%0.3053%
NGKOP23032100m S-SW step-out
6.97.8
0.90.270.15%0.4945%



8.89.4
0.62.690.13%2.897%



15.616.6
10.660.11%0.8220%



17.117.75
0.650.660.09%0.7917%



23.223.6
0.41.130.16%1.3718%



26.827.35
0.550.620.03%0.678%



29.830.5
0.70.100.20%0.3975%



36.7537.75
10.380.04%0.4414%



39.1540.15
10.190.25%0.5766%



48.9549.35
0.40.220.10%0.3740%



61.3562.05
0.70.640.02%0.685%



88.5589.3
0.750.940.08%1.0712%



89.390
0.71.270.04%1.335%



91.992.8
0.90.260.23%0.6156%



92.893.35
0.550.140.10%0.3052%



9596
10.050.20%0.3486%



100100.5
0.50.230.20%0.5256%



117.75118.65
0.90.390.31%0.8554%



118.65119.25
0.61.740.50%2.4830%



125.5125.9
0.40.200.08%0.3239%



129.25229.9
100.650.560.14%0.7828%


including129.25129.9
0.650.630.28%1.0440%


and including129.9130.9
10.240.17%0.4851%


and including130.9131.9
10.860.11%1.0216%


and including131.9132.9
10.370.05%0.4517%


and including132.9133.8
0.90.150.12%0.3355%


and including133.8134.4
0.60.700.25%1.0735%


and including137.25138.25
10.270.53%1.0574%


and including138.25139.1
0.850.140.37%0.6980%


and including139.1140
0.90.350.19%0.6345%


and including140141
10.200.32%0.6771%


and including141141.55
0.550.420.24%0.7846%


and including141.55142.35
0.80.380.10%0.5227%


and including142.35143.1
0.750.490.10%0.6524%


and including145.1146
0.90.240.10%0.3937%


and including146147
10.650.08%0.7615%


and including148148.9
0.90.510.23%0.8440%


and including148.9149.9
10.240.37%0.7870%


and including149.9150.6
0.76.470.17%6.724%


and including151.95152.6
0.650.080.16%0.3274%


and including154.05154.5
0.450.160.20%0.4665%


and including156.25166
9.751.440.16%1.6815%


which includes156.25157.25
10.910.28%1.3231%


and includes157.25157.95
0.70.100.21%0.4176%


and includes157.95158.95
11.060.27%1.4628%


and includes159.7161
1.33.840.27%4.249%


which includes159.7160.3
0.62.890.35%3.4015%


and includes160.3161
0.74.650.21%4.966%


and includes161.9162.9
10.880.14%1.0819%


and includes162.9163.4
0.51.800.09%1.947%


and includes163.4164.4
13.490.15%3.716%


and includes164.4165.2
0.80.170.12%0.3551%


and includes165.2166
0.81.610.03%1.653%


and includes179.35229.9
50.550.620.16%0.8528%


which includes179.35179.9
0.551.010.14%1.2217%


and includes179.9180.9
10.120.20%0.4172%


and includes180.9181.9
10.340.16%0.5741%


and includes181.9182.8
0.90.260.10%0.4035%


and includes183.35208
24.651.000.19%1.2822%


which includes183.35184.25
0.91.250.32%1.7328%


and includes184.25184.95
0.70.890.39%1.4739%


and includes184.95185.95
11.220.66%2.2044%


and includes185.95186.95
11.480.33%1.9625%


and includes186.95187.85
0.90.570.10%0.7221%


and includes187.85188.85
10.400.34%0.9156%


and includes188.85189.8
0.950.190.13%0.3850%


and includes189.8190.6
0.80.280.04%0.3418%


and includes190.6191.25
0.651.130.26%1.5025%


and includes193.25197
3.753.310.17%3.567%


which includes193.25194.25
11.170.14%1.3715%


and includes194.25195
0.752.650.12%2.847%


and includes195196
18.030.16%8.263%


and includes196197
11.240.24%1.6023%


and includes197198
10.100.18%0.3774%


and includes198199
10.460.16%0.6934%


and includes199199.4
0.40.730.28%1.1436%


and includes199.4200.4
10.500.13%0.7028%


and includes200.4201.3
0.91.590.27%1.9820%


and includes201.3202.3
10.520.08%0.6418%


and includes204.3205.3
10.160.28%0.5972%


and includes205.3205.8
0.50.650.15%0.8725%


and includes206.6207.3
0.70.370.11%0.5330%


and includes207.3208
0.71.680.18%1.9414%


and includes208.95209.95
10.270.10%0.4235%


and includes210.95211.55
0.60.120.29%0.5579%


and includes211.55212.55
10.280.47%0.9871%


and includes212.55213.55
10.480.38%1.0454%


and includes213.55214.55
10.270.37%0.8266%


and includes214.55215.05
0.50.170.23%0.5267%


and includes215.05216.05
10.580.14%0.7927%


and includes216.05217.05
10.160.11%0.3250%


and includes217.05218.05
10.200.18%0.4658%


and includes218.05219
0.950.100.16%0.3471%


and includes219220
10.350.11%0.5232%


and includes220220.75
0.750.680.17%0.9227%


and includes223.45224.1
0.650.670.03%0.727%


and includes225226
10.340.03%0.3912%


and includes229.5229.9
0.41.660.16%1.8912%
NGKOP23034250m S-SW step-out
13.314.3
10.350.03%0.4013%



14.315
0.70.460.04%0.5312%



1818.8
0.80.330.23%0.6751%



18.819.7
0.90.380.04%0.4312%



22.222.9
0.70.400.06%0.4817%



28.629.35
0.750.030.31%0.4994%



34.954.3
19.40.140.14%0.3560%


including34.935.9
10.220.12%0.3944%


and including38.939.6
0.70.290.15%0.5243%


and including39.640.6
10.230.17%0.4852%


and including42.643.6
10.020.30%0.4796%


and including43.644.5
0.90.210.12%0.3945%


and including44.548.35
3.850.270.29%0.7062%


which includes44.544.9
0.40.420.70%1.4671%


and includes45.946.9
10.220.23%0.5660%


and includes47.648.35
0.750.830.68%1.8455%


and includes50.250.8
0.60.130.17%0.3865%


and includes53.354.3
10.180.36%0.7175%



92.693.6
10.300.07%0.4025%



101101.8
0.80.110.14%0.3265%



104.6105.6
10.920.03%0.975%



122.05123.05
10.630.06%0.7112%



134.6135
0.41.080.28%1.4928%



135.6136.3
0.70.850.11%1.0116%



163.5164.5
11.950.05%2.023%



182182.7
0.70.320.03%0.3711%



195.7196.4
0.70.340.03%0.3811%



208.2313.9
105.70.780.14%0.9921%


including208.2242.4
34.21.170.16%1.4117%


which includes208.2209.1
0.91.020.07%1.129%


and includes209.1209.6
0.50.740.10%0.8917%


and includes209.6213.85
4.254.280.33%4.7710%


which includes209.6210.2
0.61.810.09%1.957%


and includes210.9211.85
0.955.180.40%5.7810%


and includes211.85212.85
18.190.28%8.615%


and includes212.85213.85
13.980.66%4.9720%


and includes213.85214.6
0.750.400.27%0.8150%


and includes217217.9
0.91.490.12%1.6610%


and includes217.9218.8
0.90.690.13%0.8822%


and includes218.8219.7
0.90.440.15%0.6734%


and includes219.7220.7
11.630.27%2.0320%


and includes220.7221.5
0.85.670.38%6.249%


and includes221.5222.3
0.80.940.34%1.4435%


and includes222.3223.1
0.80.260.24%0.6157%


and includes223.7224.7
11.330.14%1.5314%


and includes224.7225.4
0.70.080.16%0.3276%


and includes225.4226.25
0.851.190.17%1.4518%


and includes226.25227.2
0.950.160.46%0.8581%


and includes227.2228.2
10.280.15%0.5044%


and includes228.2229.2
14.040.38%4.6012%


and includes231.7232.7
11.370.24%1.7321%


and includes234.2235.1
0.90.210.08%0.3337%


and includes235.1235.95
0.850.290.30%0.7461%


and includes235.95236.6
0.650.850.13%1.0418%


and includes241.8242.4
0.61.820.19%2.0913%


and includes253.5254.2
0.70.450.04%0.5112%


and includes254.2255
0.80.280.04%0.3316%


and includes255255.9
0.90.510.04%0.5711%


and includes255.9256.8
0.90.280.02%0.318%


and includes259.8260.5
0.70.460.21%0.7841%


and includes261.3262.1
0.80.680.28%1.1038%


and includes272272.75
0.750.650.07%0.7615%


and includes273.75274.45
0.70.250.07%0.3529%


and includes276.15313.9
37.751.030.21%1.3423%


which includes276.15276.7
0.550.720.04%0.788%


and includes277.45278.45
10.390.07%0.5022%


and includes278.45279.45
13.380.16%3.616%


and includes279.45280.45
11.650.27%2.0520%


and includes280.45281.2
0.750.170.29%0.6071%


and includes281.2281.75
0.550.440.18%0.7037%


and includes281.75282.45
0.70.390.27%0.7951%


and includes283283.9
0.90.100.14%0.3067%


and includes283.9284.5
0.60.300.20%0.6150%


and includes284.5285.5
10.950.23%1.2926%


and includes285.5286.35
0.850.090.14%0.3070%


and includes286.35287.3
0.950.390.26%0.7750%


and includes289289.6
0.61.120.18%1.3920%


and includes289.6290.55
0.950.170.11%0.3348%


and includes290.55291.25
0.70.260.09%0.4034%


and includes291.25291.95
0.70.880.14%1.0819%


and includes292.7293.7
10.400.17%0.6539%


and includes293.7294.5
0.80.690.11%0.8519%


and includes294.5295.5
11.130.22%1.4622%


and includes295.5296.2
0.73.040.49%3.7619%


and includes296.2297.1
0.90.220.26%0.6064%


and includes297.1298.1
10.850.22%1.1828%


and includes298.1298.9
0.80.170.17%0.4259%


and includes298.9299.65
0.750.760.30%1.2137%


and includes299.65307.6
7.952.550.42%3.1720%


which includes299.65300.3
0.652.130.29%2.5717%


and includes300.3300.8
0.53.680.60%4.5719%


and includes300.8301.6
0.82.110.79%3.2936%


and includes301.6302.4
0.82.040.54%2.8528%


and includes302.4303.25
0.851.170.55%1.9941%


and includes303.25304.25
15.050.38%5.6110%


and includes304.25304.9
0.650.470.30%0.9148%


and includes304.9305.6
0.70.450.18%0.7237%


and includes305.6306.6
13.640.31%4.1011%


and includes306.6307.6
13.400.28%3.8211%


and includes307.6308.2
0.60.140.23%0.4870%


and includes308.2308.85
0.651.770.14%1.9811%


and includes309.8310.5
0.70.430.14%0.6434%


and includes312.9313.9
10.520.05%0.6013%



315.8316.7
0.90.230.09%0.3736%



316.7317.7
10.160.13%0.3555%



317.7318.7
10.330.09%0.4628%



321.4322.4
10.350.09%0.4827%



323324
10.300.13%0.4940%



329.4330.4
10.570.01%0.592%



345.7346.3
0.60.270.04%0.3319%



361.85362.4
0.554.230.05%4.312%



366.9367.9
10.980.18%1.2421%











Notes:

  1. A lower gold cutoff grade of 0.30 g/t AuEq was applied.
  2. Bold intervals are highlighted in the text of the release.
  3. Unless specified, true widths cannot be accurately determined from the information available.
  4. Gold grades were previously reported (see press release dated 20 September 2023).
  5. Relative gold and copper prices of $1,500/oz Au and $3.25/lb were assumed, resulting in gold-equivalent grades calculated herein as: AuEq (g/t) = Au (g/t) + Cu (%) * 1.49.

Figure 1: Kopsa 2023 resource outline and drill hole locations.

Figure 2: Cross section (60m wide) looking W-NW showing reported copper assay results (and restated gold results with combined gold-equivalent results) for drill holes NGKOP23031, NGKOP23032, and NGKOP23034, relative to the 2023 resource outline and past gold-equivalent drill results.

Quality assurance and quality control (QA/QC)
Drill core was logged and sampled in a secure core storage facility located in Nivala, Finland. The core samples were sent to ALS Geochemistry laboratory in Outokumpu, Finland, to be cut in half by a diamond saw and for sample preparation. From Outokumpu, the samples were sent to ALS Hub laboratory in Loughrea, Ireland, for four-acid digestion and leach, and ICPOES/ICPMS analysis (method code: ME-MS61). The ALS laboratories are accredited according to ISO/IEC 17025 standard approved by FINAS. Certified reference standards and blanks were included in the sample batches. No QA/QC issues were noted with the results reported herein and their values allow the public disclosure of the assay results.

For additional information, please contact the CEO:
“Mitch Vanderydt”
Mitchell J. Vanderydt, P.Eng, MBA
Email: ir@northgoldab.com
Website: www.northgoldab.com
Follow us: www.linkedin.com/company/northgold

About Northgold
Northgold is a Swedish-listed gold exploration and development Company focused on advancing multiple, co-located, resource-stage projects in the Middle Ostrobothnia Gold Belt (MOGB) of Central Finland, including the Kopsa Gold-Copper project, the Kiimala Trend Gold project, and the Hirsikangas Gold project. The Company strives to grow its gold mineral resources, make new gold discoveries, and ultimately extract gold from these under-explored areas in Central Finland. Visit www.northgoldab.com for more information. Augment Partners AB, tel. +46 8-604 22 55 info@augment.se, is acting as the Company's Certified Adviser.

Forward-looking statements
This announcement may contain certain forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as “believe”, “expect”, “anticipate”, “intends”, “estimate”, “will”, “may”, “continue”, “should” and similar expressions. The forward-looking statements in this release are based upon various assumptions, many of which are based, in turn, upon further assumptions. Although the Company believes that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies, and other important factors which are difficult or impossible to predict and are beyond its control. Such risks, uncertainties, contingencies, and other important factors could cause actual events to differ materially from the expectations expressed or implied in this release by such forward-looking statements. The information, opinions and forward-looking statements contained in this communication speak only as at its date and are subject to change without notice. The Company does not undertake any obligation to review, update, confirm or release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this announcement.

The information, estimates, and forward-looking statements contained in this announcement are valid only as of the date of this announcement and are subject to change without notice. The Company does not undertake any obligation to review, update, confirm, or publish any adjustments regarding any forward-looking statements to reflect events that occur or circumstances that arise regarding the content of this notice.

This information is information that Northgold AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-11-02 08:45 CET.

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Kopsa Copper Assays Strengthen Previous Results

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