First results from drilling of High Purity Quartz deposit
Nordic Mining’s subsidiary Nordic Quartz AS has finished drilling of the first drill hole in the High Purity Quartz deposit in Kvinnherad municipality in western Norway. The preliminary results show that the drill hole intersected 30 meters of massive quartz.
The drilling commenced early September and is expected to continue until mid-October 2015. Altogether 6 drill holes are planned. Results from the logging of the first drill hole show that quartz was intersected over an interval of 83 meters down hole. This interval includes transitional zones that surround a more massive quartz zone of approximately 30 meters width. The massive zone is defined as generally containing more than 90% quartz (based on visual inspection). The transitional zones have mainly between 25% and 90% quartz, and show a varying degree of mixing with the gneiss host rock and other minerals.
The estimated true width of the intersected quartz is approximately 40 meters with an estimated 15 meters of massive quartz. This observation corresponds well with the mapped surface outcrop and with the geophysical measurements that indicate a similar depth continuation of the vein. The results show that the quartz extends to at least 100 meters below surface level, and the drilled section shows a considerable thickness below the surface.
The drill hole data will be used to make a more accurate model of the deposit and a JORC compliant resource estimate. The cores will be subject to various analyses to determine the quartz quality. An external qualified geologist, Lars-Åke Claesson from Mirab Mineral Resources AB will oversee the work and be responsible for the resource estimations.
Exploration Manager, Mona Schanche comments: “We are very pleased with the results from the first drill hole. The drilling supports that the quartz vein continues towards depth with a considerable width. The additional drilling will show if this is true for a larger part of the vein.”
The Kvinnherad quartz is a hydrothermal type deposit. The vein is well exposed on the surface showing a length of approximately 600 meters from between 210 to 310 meters above sea level. Dorfner Anzaplan has carried out extensive analysis and processing tests, documenting that quartz products similar to the purest qualities on the market can be made from the quartz. Tests of blasted surface samples show that high purity quartz products can be made from both transitional and massive quartz qualities.
For further information please contact Exploration Manager Mona Schanche, telephone +47 922 81 253.
Oslo, 15 September 2015
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 high international standard and holds a significant economic potential. The Company’s assets are in the Nordic region.
Through the subsidiary Nordic Rutile AS Nordic Mining is undertaking a large-scale project development at Engebøfjellet in Sogn and Fjordane where the Company has rights and permits to a substantial eclogite deposit with rutile and garnet. Permits for the project were granted by the Norwegian government in April 2015. 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 on the Øksfjord Peninsula 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.