Engebø Rutile and Garnet progressing on plan with construction at Engebø

Nordic Mining ASA (“Nordic Mining” or the “Company”) reports on good progress on construction works at Engebø. In the months leading up to the summer Engebø Rutile and Garnet have completed several milestones, closing out several risks related to HSE, capital expenditure and schedule.

• Completed ore conveyor primary crushing chamber, and new bypass tunnel for improved operational flexibility.
• Completed new 3 km access road to the mining service area.
• Completed raise bore drilling of ore vertical pass with diameter of 4.5 meters and 220 meters length to the top of Engebø with collar positioned at 285 meters above sea level.
• Geotechnical safety measures completed on rockfaces at the process plant area and in primary crushing chamber.
• Completing soil cover at "Stommelshaugane” (see picture 3) to reuse fertile soil from the process area.
• Finalized mining service area base plot, ready for construction of mining workshop.
• Erected admin and workshop building with roof and walls fully enclosed.

Picture 1. Final lifting out the drill from the ore pass before securing

Picture 2. Process plant area with admin and workshop with roof – and walls fully enclosed

Picture 3. New 3 km access road to the mining service area. Stommelshaugane in bottom left corner of the picture, where mass deposit is being covered with soil.

Focus during summer will be to complete concrete foundations for the process plant buildings, and preparatory work for the next stage of construction with all EPCs on site at Engebø.

For questions, please contact Managing Director Engebø Rutile and Garnet, Kenneth Nakken Angedal, telephone +47 926 40 645.

Oslo, 4 July 2023
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. The Company is undertaking a large-scale industrial development at Engebø on the west coast of Norway through its wholly owned subsidiary, Engebø Rutile and Garnet, which has mining rights and permits to a substantial eclogite deposit with rutile and garnet.

In addition, Nordic Mining holds interests in other initiatives at various stages of development. This includes patented rights for a new technology for production of alumina and exploration of seabed minerals. Nordic Mining’s project portfolio is of high international standard and holds significant economic potential.

Nordic Mining is listed on Euronext Expand Oslo with ticker symbol “NOM”.