First Nordic Drills 1.94 g/t Au over 21.5 m and 5.45 g/t Au over 4.6 m at Aida and Extends Gold Mineralization to over 2 km

Core Insights - The Aida drill program has successfully identified multiple parallel mineralized zones, significantly extending the known mineralization along the Aida structural corridor to over 2.1 km in strike length and up to 250 m deep [3][7][8] - The program has intercepted gold-bearing structures in 12 out of 14 drill holes, with visible gold found in 5 holes, indicating a strong potential for further discoveries [2][7][8] - New mineralization zones, including the Pharao Zone and Northern Mafic Zone, have been discovered, which are open in all directions and will be targeted in future drilling campaigns [5][7][8] Drill Program Overview - The 2025 Aida drill program consisted of 39 diamond drill holes totaling 10,304 meters, aimed at systematically expanding known mineralization [2][3] - Results from 14 drill holes have been received, with gold-bearing structures identified in 12 holes using a cutoff of 0.1 g/t [2][6] - The program has successfully extended mineralization along the Aida structural corridor and discovered a previously unknown zone [3][4] Mineralization Characteristics - Gold mineralization is primarily hosted within sheared margins of mafic volcanic units, with two styles of mineralization observed [4][12] - Significant mineralization has been associated with intense shearing and hydrothermal alteration, indicating the presence of a large-scale orogenic gold system [8][12] - The Pharao Zone has a true width of 40 m and has been traced for 250 m in drilling, while the Northern Mafic Zone has shown promising results [5][16] Future Plans - A follow-up drill program is being planned for the fourth quarter of 2025 to further explore the identified mineralized zones [7][8] - The complete results from the 2025 drill program will be analyzed to design subsequent work programs [8] Project Context - The Aida target is strategically located within the Gold Line structural corridor, close to significant gold mining operations, enhancing its exploration potential [10][11] - The project is part of First Nordic Metals Corp.'s broader strategy to consolidate gold exploration assets in Sweden and Finland [18]