Nordic Mining ASA ("Nordic Mining" or the "Company") reports on good progress on
construction works at Engebø. In the months leading up to the summer Engebø
Rutile and Garnet have completed several milestones, closing out several risks
related to HSE, capital expenditure and schedule.

  · Completed ore conveyor primary crushing chamber, and new bypass tunnel for
improved operational flexibility.
  · Completed new 3 km access road to the mining service area.
  · Completed raise bore drilling of ore vertical pass with diameter of 4.5
meters and 220 meters length to the top of Engebø with collar positioned at 285
meters above sea level.
  · Geotechnical safety measures completed on rockfaces at the process plant
area and in primary crushing chamber.
  · Completing soil cover at "Stommelshaugane" (see picture 3) to reuse fertile
soil from the process area.
  · Finalized mining service area base plot, ready for construction of mining
workshop.
  · Erected admin and workshop building with roof and walls fully enclosed.

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Picture 1. Final lifting out the drill from the ore pass before securing

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Picture 2. Process plant area with admin and workshop with roof - and walls
fully enclosed

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Picture 3. New 3 km access road to the mining service area. Stommelshaugane in
bottom left corner of the picture, where mass deposit is being covered with
soil.

Focus during summer will be to complete concrete foundations for the process
plant buildings, and preparatory work for the next stage of construction with
all EPCs on site at Engebø.

For questions, please contact Managing Director Engebø Rutile and Garnet,
Kenneth Nakken Angedal, telephone +47 926 40 645.

Oslo, 4 July 2023
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. The Company is undertaking a
large-scale industrial development at Engebø on the west coast of Norway through
its wholly owned subsidiary, Engebø Rutile and Garnet, which has mining 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 seabed minerals. Nordic Mining's
project portfolio is of high international standard and holds significant
economic potential.

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