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Nordic Mining is progressing construction works at Engebø

Nordic Mining ASA (“Nordic Mining” or the “Company”) reports on good progress on construction works at Engebø initiated in April 2022, following acquisition of the main properties, giving immediate access to the process plant area.

The construction works is undertaken by EPC1, Sunnfjord Industripartner AS (“SIPA”), under the lump-sum EPC (“Engineering, Procurement and Construction”) contract signed in November 2021. In total 1,300 meters of construction road has been constructed. This will allow transportation of soil and stone up to a mass deposit, which has been set up at Stommelshaugane.

Buildings and constructions from previous industrial activity at the process plant area has been removed. Forest, mainly Sitka spruce, has been cleared from the area immediate to the construction road and the tunnel portal. Levelling of the lower process plant area is almost complete and rerouting of the high voltage line makes it possible to start with construction and blasting works.

Progress has been made on the Detail Engineering by the EPCs under the lump-sum EPC contracts.

The early works will continue until the planned completion of the project financing for the Engebø Rutile and Garnet Project.

For further information, please contact CEO Ivar Fossum, telephone +47 930 96 850 or Project Director, Terje Gundersen, telephone +47 944 36 710.

Nordic Mining ASA (www.nordicmining.com)

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