Funding granted for drilling in Reinfjord

NordMin has granted NOK 2 million to the “Platinum Probe Project” which is a research program that is coordinated by the Norwegian University of Science and Technology (“NTNU”) in Trondheim, Norway, and where Nordic Mining is a partner. The aim of the program is to explore and define the genesis of the Ni-PGE deposits in the Reinfjord intrusion that was discovered by Nordic Mining by drilling in 2012. The Reinfjord mineralisation is a new type of Ni-PGE deposit that has interesting research implications and that may have a significant economic potential.

The project will run till September 2016 and will involve both field mapping and a drilling program. Three master theses will be written in connection with this work. The University of Århus in Denmark and MI GeoConsulting OY in Rovaniemi, Finland are also partners in the project.

NordMin is a network for education, research and innovation in the Nordic countries with the aim of strengthening sustainable mining and mineral exploration in the Nordic countries including Greenland. NordMin is funded by the Nordic Council of Ministers and projects are meant to have a strong industry component.

For further information please contact Exploration Manager Mona Schanche, telephone +47 922 81 253.

See also Nordic Mining web page about the Reinfjord Ni-PGE project at: http://www.nordicmining.com/new-nickel-copper-and-platinum-group-element-discoveries-in-north-norway/category139.html


Oslo, 18 March 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 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. Through the associated company Keliber Oy in Finland, Nordic Mining plans to start mining of lithium bearing spodumene and production of lithium carbonate. Nordic Mining holds exploration rights in the Seiland 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.