Ore reserve estimate for Keliber's Rapasaari lithium deposit increased by 50 per cent
Keliber Oy ("Keliber") announced today that the ore reserve estimate for the
Rapasaari lithium deposit has been updated. Estimated proven and probable ore
reserves now totals 5.280 million tonnes with a grade of 1.07% Li?O. This is
49.6 per cent more than previously estimated for Rapasaari.

The total JORC 2012 compliant total proven and probable lithium ore reserves for
Keliber are now 9.372 million tonnes with a grade of 0.98% Li?O.

Keliber's full announcement is available at
https://www.keliber.fi/en/investors/news-releases-and-publications/.

Nordic Mining ASA holds an investment of 18.5% in Keliber.

Oslo, 5 December 2019

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'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 project development at Engebø on the
west coast of Norway where the Company has rights and permits to a substantial
eclogite deposit with rutile and garnet. Nordic Mining also holds 18.5% of the
shares in Keliber Oy, which is developing a lithium project in Finland to become
the first European producer of battery grade lithium hydroxide.



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 is listed on Oslo Axess with ticker symbol "NOM".

https://newsweb.oslobors.no/message/490923