Nordic Mining ASA — Earnings Release 2017

May 29, 2017

Engebø project update: Successful production of coarse garnet

Engebø project update: Successful production of coarse garnet

Market grade coarse garnet has been successfully produced in the test work

campaign. This supplements previous successful test production of finer garnet

and implies that a broad range of commercial garnet products can be produced

from the Engebø ore.

A process flow sheet for production of coarse garnet has been developed

maintaining recovery and market specifications. The coarse garnet test work

augments the initial campaign that demonstrated production of finer garnet; ref.

stock exchange release dated 27 April 2017.

The test results imply that a broad range of high quality commercial garnet

products can be produced from the Engebø ore. Initial modelling using the test

work data shows that garnet production that exceeds the previous sales target of

200,000 tonnes per year can be achieved.

VP Exploration Mona Schanche comments: "The developed process is based on

standard equipment tested at industrial scale. We now have a reliable flow sheet

for production of commercial garnet that will be basis for the ongoing pre

-feasibility study. A broad garnet product range as we have now demonstrated

will significantly strengthen the Engebø project."

Further test work will aim at optimising rutile recovery and investigate ore

variability.

For questions please contact VP Exploration Mona Schanche, telephone +47 922 81

Oslo, 29 May 2017

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 in the Nordic region.

Through the subsidiary Nordic Rutile AS Nordic Mining is undertaking a large

-scale project development at Engebøfjellet in Sogn and Fjordane where the

Company has rights and permits to a substantial eclogite deposit with rutile and

garnet. Permits for the project have been granted by the Norwegian government.

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. Nordic Mining's associated company Keliber Oy in Finland plans to

start mining of lithium bearing spodumene and production of lithium carbonate.

Nordic Mining holds exploration rights on the Øksfjord Peninsula 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 with ticker symbol "NOM".