February 24, 2025 (Source) — Nord Precious Metals Mining Inc. (TSX.V: NTH) (OTCQB: CCWOF) (FRANKFURT: 4T9B) (the “Company” or “Nord”) has prepared a scope of work for tender for geological consultants to develop a geological model for the Castle East Project. Having completed over 60,000 meters of drilling and identified over five main vein structures including the Robinson vein, Big Silver vein, Archean silver vein and All Stars veins in the recent drill programs, the Company will proceed to integrate the data to optimize follow-up drill holes for resource expansion. Nord has identified potentially over 10 veins, but a systematic review is required to potentially group these veins into larger structures using key findings from structural measurements, past and current geophysical surveys as well as mine plans from existing and past-producing mines.
Data to be Integrated into Revised 3D Model:
- Historic Mine Plans from both the Castle and Capitol Mines
- Drill hole data
- Develop a comprehensive lithological and alteration model incorporating Nord drilling and historical drilling of the broader area
- Improving the structural model
- Historic IP/Resistivity
- Recent IP/Resistivity
- UAV magnetic survey
- Borehole EM
- MPASS survey
Results will be compiled into a 3D model and will include recommendations for follow-up drill holes.
Matthew Halliday, P.Geo. Director, commented, “There is a wealth of knowledge on the project that can now be incorporated into a comprehensive model improving the understanding of both the Silver deposit model and the Gold mineralization model. Much of the data has already been incorporated but there is still work to do to ensure that all the data is compiled and interpreted into a single model before the start of drilling program.”
Qualified person
The technical information in this news release was approved and prepared under the supervision of Mr. Matthew Halliday, P.Geo., (PGO), Director of Nord Precious Metals, a qualified person in accordance with National Instrument 43-101.
About Nord Precious Metals Mining Inc.
Nord Precious Metals Mining Inc. operates the only permitted high-grade milling facility in the historic Cobalt Camp of Ontario, where the Company has established a unique position integrating high-grade silver discovery with strategic metals recovery operations. The Company’s flagship Castle property encompasses 63 sq. km of exploration ground and the past-producing Castle Mine, complemented by the Castle East discovery where drilling has delineated 7.56 million ounces of silver in Inferred resources grading an average of 8,582 g/t Ag (250.2 oz/ton).
Nord’s integrated processing strategy leverages the synergistic value of multiple metals. High-grade silver recovery supports the economics of extracting critical minerals including cobalt, nickel, and other battery metals, while the company’s proprietary Re-2Ox hydrometallurgical process enables production of technical-grade cobalt sulphate and nickel-manganese-cobalt (NMC) formulations. This multi-metal approach, combined with established infrastructure including TTL Laboratories and underground mine access, positions Nord to capitalize on both precious metals markets and the growing demand for battery materials.
The Company maintains a strategic portfolio of battery metals properties in Northern Quebec including its 35% ownership in Coniagas Battery Metals Inc. (TSXV: COS) as well as the St. Denis-Sangster lithium project comprising 260 square kilometers of prospective ground near Cochrane, Ontario.
More information is available at www.nordpreciousmetals.com.
“Frank J. Basa”
Frank J. Basa, P. Eng.
Chief Executive Officer
For further information, contact:
Frank J. Basa, P.Eng.
Chief Executive Officer
416-625-2342
or:
Wayne Cheveldayoff,
Corporate Communications
P: 416-710-2410
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Caution Regarding Forward-Looking Statements
This news release may contain forward-looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statements. The Company does not undertake to update any forward-looking information in this news release or other communications unless required by law.
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