Nordic Mining ASA: Cooperation on quartz in Norway

Nordic Mining ASA (“Nordic Mining” or the “Company”) is pleased to announce that the Company, through its wholly owned subsidiary Nordic Quartz AS, has entered into a Memorandum of Understanding (“MoU”) with a multinational minerals and metals company. The MoU is for a joint cooperation for exploration and development of a quartz deposit in the Kvinnherad municipality in Norway.

The deposit in Kvinnherad host high purity hydrothermal quartz that may be developed into high-end products for the solar and micro-chip markets. The companies will jointly carry out various exploration activities as well as process test-work to evaluate a possible industrial development based on the quartz deposit.

“We consider quartz to be a strategic mineral for several high-end applications going forward and a natural part of our group strategy.”, comments Ivar S. Fossum, CEO of Nordic Mining ASA.

For further information, please contact CEO Ivar S. Fossum, telephone +47 930 96 850.

Oslo, 28 November 2023
Nordic Mining ASA

Nordic Mining ASA (“Nordic Mining” or the “Company”) (www.nordicmining.com) is a resource company with focus on high-end industrial minerals and metals. The Company’s project portfolio is of high international standard and holds significant economic potential. The Company’s assets are in the Nordic region.

Nordic Mining is undertaking a large-scale construction project at Engebø on the west coast of Norway where the Company has 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.

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