EUROPE'S NEWEST PRODUCING GOLD MINE

Nordic Gold is Europe’s newest gold producer.

Nordic Gold Inc. (NOR TSX-V) is a junior mining company with a producing gold mine in Finland. The first gold pour was on 30th November 2018, when 1,243 ounces were poured. The Laiva Gold Mine was financed to production via a US $ 20.6 million gold forward sale agreement. The mill has 250 tonne per hour capacity and will eventually process up to 2 million tonnes per year. Nordic expects to produce 60,000 ounces of gold in 2019, ramping up to 70,000 ounces on 2020. In addition, Nordic has significant "blue sky" exploration potential.

The Investment Case for Nordic Gold

Largely derisked

Fully built, fully financed, fully permitted past producing gold mine in Finland. Finland is currently considered the top mining jurisdiction in the world.

Proven Asset

The mine produced on average 9,000 ounces of gold per quarter whilst in production. Production scheduled to restart August 2018.

World Class Operating Team

The operating team of 3 engineers, have between them 75 years of appropriate gold mining and production experience. The team has met all deadlines during the restart and is working diligently towards commercial production.

Very Undervalued

Two research houses have identified that Nordic Gold shares should be trading at $0.25 to $0.45. Nordic Gold is currently trading at $0.10. Additionally, these prices were based on 60% ownership; Nordic Gold now owns 100%.

The Laiva Project

The Laiva deposit is located in Raahe, Finland and is one of the largest gold resources in the region. The mine is a conventional open pit mine with 2 pits.

Exploration in the Laiva area started in 2005. Previously the area was worked by both Endomines Oy and Outokumpu. The operation includes two pits and a recently constructed 6,000 tpd, state-of-the-art process plant designed by Metso and constructed by Outotec. Historic expenditure on the property is estimated at €220 million.  The mill and leaching plant was completed completed in 2011. Mining at the property was initiated in Q3 2011 and the first doré bar was cast in December that year.

One Of The Largest Gold Resources in The Region

The mine has excellent access to local infrastructure, including grid power (110 kV line), paved all weather roads (within 5 km) and port (within 20 km).

All mining infrastructure in currently in place and the mine is planned to re-open in August 2018.
 

Finland was declared  as World’s 6th best country for property rights. (Forbes Dec 2016), ahead of Canada and USA. Finland has a 20% Corporate Tax rate and gold producers pay 0.15% Royalty.

News

By the time Laiva starts producing – they could be making much more money than the market realizes.
Palisade Research Shareholder

Team

For US based investors wanting to purchase Nordic Gold shares, please review the following links for directions on how to proceed.

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Stock Performance

Video Gallery

GoldSilver Pros Interview | February 2019
Watch Nordic Gold’s First Pour | November 2018
Nordic Gold Corp celebrates first pour | December 2018
Richmond Club Interview | December 2018
Nordic Gold Corp. Interview Stock News | November 2018
Commodity-TV Interview in Munich | November 2018
New Orleans Investment Conference | November 2018
Pouring Gold this November | October 2018
Nordic Gold Corp | August 2018
CEO Michael Hepworth | June 2018
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