Nordic Mining ASA: Moving forward as the sole owner of exploration rights for the quartz deposit

14 Jun 2024 17:00 CEST

Nordic Mining ASA ("Nordic Mining" or the "Company") refer to the announcement
dated 28 November 2023 related to the Memorandum of Understanding ("MoU") with a
multinational minerals and metal company for a joint cooperation for exploration
and development of a quartz deposit in the Kvinnherad Municipality in Norway.

The MoU partner has, based on a strategic review, decided to finalize the
cooperation, and the Company, through its wholly owned subsidiary Nordic Quartz
AS, will use its rights in the MoU to enter into the landowner agreement as the
sole party.

"We consider quartz to be a strategic mineral for several high-end applications
going forward and will continue our assessment of the quartz deposit.", comments
Ivar S. Fossum, CEO of Nordic Mining ASA.

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

Oslo, 14 June 2024
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 and exploration
of high purity quartz.

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

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