Mr. Jonathon Franklin reports
NORDX METALS COMMENCES SOIL SAMPLING AND REPORTS INITIAL BOULDER SAMPLE ASSAYS AT THE ASENTO URANIUM PROJECT, FINLAND
Nordx Metals Corp. has commenced a systematic soil sampling program and has received initial assay results confirming widespread uranium mineralization in boulder samples collected across the company's 100-per-cent-owned Asento project in Finland.
Soil sampling program under way
The phase 1 soil program consists of approximately 350 samples collected on a 400-metre-by-400-metre spaced grid, including specific tighter spaced sampling lines targeting the interpreted up-ice source area of previously discovered radioactive boulders; their generally angular shape infers proximity to their bedrock source. Sampling is focused on the top-of-till horizon, with samples submitted to CRS laboratories for multielement geochemical analysis, including key pathfinders associated with uranium, base metals and gold.
The program has been designed to:
- Delineate geochemical anomalies associated with the boulder field;
- Refine bottom-of-till (BOT) drill-target definition for a planned drill program (Q4 2026/Q1 2027);
- Improve understanding of ice-flow direction and dispersion patterns.
First boulder assay results received
The company has received assays from 20 boulder samples, with assay results ranging from 0.005 per cent U3O8 (triuranium octoxide) to 0.213 per cent U3O8, having an average grade of 0.081 per cent U3O8 and a median grade of 0.0665 per cent U3O8. Assay highlights including:
- 0.213 per cent U3O8;
- 0.190 per cent U3O8;
- 0.188 per cent U3O8;
- 0.162 per cent U3O8.
Boulder samples were collected as selective grab samples of glacially transported float, consistent with early stage prospecting programs. Anomalous values in float do not establish in-situ mineralization. The boulders occur within a tightly clustered area and have been tentatively interpreted as potentially proximal to a bedrock source, pending additional work. Each sample was logged, photographed and placed into labelled, sealed bags before transport under chain-of-custody protocols to ALS Laboratories. Because the boulder sampling was non-systematic and intended only to provide early stage geochemical indications, no QA/QC (quality assurance/quality control) measures such as blanks, standards or field duplicates were inserted into the sample stream. At ALS, samples were dried, crushed and pulverized to industry-standard specifications prior to multielement analysis by ICP-MS and gold determination using the Au-ICP21 method. ALS is an internationally recognized ISO/IEC-17025 accredited laboratory relied upon by mining and mineral exploration companies worldwide.
Drone based radiometric and magnetic survey planned for Q3 2026
Nordx has also engaged Radai Oy to complete a high-resolution drone-based radiometric and magnetic survey across the Asento project area. The survey is scheduled to commence in Q3 2026, providing an important layer of relevant geophysical data to integrate with the soil and boulder geochemistry.
Jonathon Franklin, president and director of Nordx, stated: "The soil and boulder sampling together with the planned Q3 geophysical survey are designed to help us define and prioritize drill targets at Asento. We are very pleased with the results so far and look forward to updating the market with more results as they become available."
About the Asento uranium project
The Asento project is a granted exploration licence in Ranua, Lapland, Finland, situated in a region identified for its uranium and rare-earth element potential. The ground was previously explored by Areva, the French nuclear major now operating as Orano, whose work highlighted hundreds of mineralized boulders in a boulder field nine square kilometres in size. Multiple favourable bedrock structures were also identified through a ground penetrating radar survey.
Boulder samples collected to date define a clustered dispersion train interpreted, subject to further work, as oriented along the regional ice-flow direction. The company is conducting soil sampling and has contracted a drone-based radiometric and magnetic survey (planned for Q3) to define and prioritize potential drill targets. Uranium exploration in Finland is permitted under the Finnish Mining Act (621/2011); any future recovery of uranium would require a separate Finnish government licence under the Nuclear Energy Act (990/1987).
Qualified person statement
Technical information in this news release has been reviewed and approved by Avrom E. Howard, MSc, PGeo (Ontario), a qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects, who is independent of the company. Mr. Howard is a principal of Nebu Consulting LLC, a United States-based mineral exploration consulting company.
About Nordx Metals Corp.
Nordx Metals is an exploration and development company focused on the global demand for uranium, lithium and rare-earth elements. The company is targeting uranium, lithium and rare-earth element projects in politically safe jurisdictions with advanced infrastructure that allows for rapid and cost-effective exploration, development, and potential production opportunities.
The company's consolidated financial statements and related management's discussion and analysis are available on the company's website or under its profile on SEDAR+.
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