Moderate current velocities at the intended disposal site
DNV GL has made a review of the data from the last measuring period from 6 May till 5 August 2014. The results show that the current velocities in the deposition area are in line with previous periods, showing moderate currents in the deep parts of the fjord.
The measuring stations in the planned deposit area show a moderate current regime. For the last measuring period, an additional metering station was placed in the center of the disposal area. The station is complementary to the other three stations at the outer edges of the area. This station shows lower current velocities than the other stations, indicating a calmer circulation in the central part of the fjord for this period.
The latest dataset indicates a drop in the water temperature at several stations for some days in June. According to DNV GL, this may be due to a substitution of the deep water in the fjord which is expected to take place during the spring season. This will be looked into in more detail including interpretation of hydrographic data.
Alongside the interpretation of the measurements by DNV GL, a comprehensive current model is being established by SINTEF. The model (“SINMOD”) targets to reflect the current pattern and velocities for the fjord over the period of one year. SINMOD is a state of the art circulation model, comprising all the main driving forces (weather, freshwater supply, density layering etc.) that are specific for the Førdefjord. The model will be used as an input to a particle simulation model of the tailings in the fjord environment.
The measuring program was finalised early August 2014 after 12 months of measuring. DNV GL has coordinated the program, and the report (in Norwegian) from the last measuring period covering the period from 6 May till 5 August 2014 will be published on Nordic Mining’s webpage (www.nordicmining.com).
The measuring program is part of the additional information that was requested by the Ministry of Climate and Environment in 2013. Nordic Mining targets to submit all the requested supplementary information to the Ministry in September 2014.
For questions please contact CEO Ivar S. Fossum, telephone +47 930 96 850.
Oslo, 25 August 2014
Nordic Mining ASA
Nordic Mining ASA (www.nordicmining.com)
Nordic Mining ASA (“Nordic Mining” or “the Company”) is a resource company with focus on high-end industrial minerals and metals in Norway and internationally. The Company’s project portfolio is of a high international standard and holds a significant economic potential. The Company’s assets are mainly in the Nordic region.
Through the subsidiary Nordic Rutile AS Nordic Mining is undertaking large-scale project development at Engebøfjellet in Sogn and Fjordane where the Company has rights to a substantial eclogite deposit with rutile and garnet. Nordic Mining has rights for exploration and production of high-purity quartz in Kvinnherad in Hordaland and develops the project through its subsidiary Nordic Quartz AS. Nordic Mining’s associated company Keliber Oy in Finland plans to start mining of lithium bearing spodumene and production of lithium carbonate. Nordic Mining holds exploration rights in the Øksfjord region in Troms and Finnmark where the Company has discovered a prospective area of sulphide mineralisation. Through the subsidiary Nordic Ocean Resources AS, Nordic Mining is exploring opportunities related to seabed mineral resources.
Nordic Mining is listed on Oslo Axess.