The Aida target is in the Paubäcken project in northern Sweden. Credit: First Nordic Metals
Recent drill results by First Nordic Metals (TSXV: FNM), in which Agnico Eagle Mines (TSX, NYSE: AEM) holds a stake, have identified new gold-bearing structures at its Aida target in Sweden’s north near a producing mill.
Highlight hole 2025-AID-038 cut 21.5 metres grading 1.94 grams gold per tonne from 317 metres depth in the Central zone, First Nordic reported on Thursday. That intercept included 7 metres at 1.3 grams gold in the eastern contact of the main Aida shear and 6.7 metres grading 1.45 grams gold in the newly-identified Pharao zone.
Aida, inside the company’s Paubäcken project, is about 630 km north of Stockholm.
“We are encouraged by this first batch of results, with notable grade-width combinations seen in many of the gold intercepts,” First Nordic CEO Taj Singh said in a…
