Kopsa is located in The Middle Ostrobothnia Gold Belt in the Raahe-Haapajärvi gold province of Central Finland, and is held by Northgold’s wholly owned Finnish subsidiary, Fennia Gold Oy. The project has drill-ready exploration permits.
Kopsa is Northgold’s flagship project which has drill-ready exploration permits and hosts resources of 423,600 oz Au and 57 Mlbs Cu for 554,600 koz AuEq.
The Kopsa resource drilling focused on the Main Zone mineralization. This remains open along strike, both to the east and west. The Main Zone also remains open down-dip to the south, and at depth. Little exploration has been conducted on the significant IP anomalies to the south and north of the Main Zone. All of these offer reasonable potential for delineating additional resources prior to completing revamped economic studies.