NTH:CC - Nord Mobilizes Crews for Pre-Production Tailings Site Development at Castle High-Grade Silver Mine
(TheNewswire)
Seasonal production slated for 2026following gravity-circuit commissioning.
June 16, 2025 – TheNewswire - NordPrecious Metals Mining Inc. (TSX-V: NTH | OTCQB: CCWOF | FRANKFURT:4T9B) ("Nord" or the "Company") is pleased toreport that the Company has mobilised fieldcrews and earth-moving equipment to its historic Castle Silver Minetailings complex, thereby initiating the first phase of a staged planto begin seasonal silver-dominant production in 2026. The work centreson pad preparation and road upgrades ahead of installing a gravitycircuit that will recover silver along with cobalt, nickel and othercritical metals from multiple legacy tailings deposits across the 63km² property.
Management Commentary
Frank J. Basa, B. Eng., CEO, commented: “With amodular unit design, an 80-day permit window, and tailings grades thathousehold-name mines would envy, the potential to generate cash flowbecomes viable while erasing a century-old environmental liability.It’s mining in reverse, and our First Nations and local communitieswill see the benefits first.”
Key Highlights
- Site works: pads and access roads will be cleared atthe Miller Creek tailings pad and the newly identified Castle Westcoarse-tailings pile, both within 400 m of the historicheadframe.
- Proven grades: drill and metallurgical test work showto date: payable silver, as cobalt, copper, and nickel credits addfurther value.
- Low-carbon plant design: gravity modules arrivepre-assembled in ISO containers and sit on crushed-rock pads, noconcrete, rebar or CO?-intensive foundations, allowing for reuse,removal and full reclamation once processing is complete.
- Fast-track permitting: Ontario's Ministry of Mineshas invited Nord to file its 80-day Recovery Permit application unders. 152.1 of the Mining Act; submission is scheduled for after July 1,2025. (See Nord’s June 2, 2025 news release for details on theOntario Government’s new recovery permit application process).
- Commissioning timeline: on-site wet commissioning inQ3 and full seasonal processing from July 2026 onward(weather-dependent).
- ESG & First-Nations focus: the program willremove legacy tailings, proposed back-fill underground stopes withbenign material, and establish long-term environmental monitoring andtraining roles in partnership with regional Indigenouscommunities.
Building on Nord's management established track recordof sustainable development, this initiative represents the Company'smost ambitious environmental remediation program to date, transformingcentury-old mining liabilities into both economic opportunity andecological restoration.
Current sampling and metallurgical test work has beencompleted on the tailings (see Company news release September 16,2024 ) and will continue during thetailing processing. Note that this decision to move forward withprocessing the tailings has not been based on a feasibility study ofmineral reserves demonstrating economic and technical viability. Because a feasibility study hasn't been completed, there's a greater chance that theproject might encounter unforeseen technical or economic challengesduring the production process. This could include issues with thevariability in grade within the tailings deposit, processing methods,or costs, which could impact the project's potential profitability.
Low-Cost, High-Impact Build
Nord will provide a technical update on metallurgicalperformance and circular-economy metrics in a separate releasesummarizing its presentation at the MICA Network Tailings Workshop onJune 12, 2025.
About Nord's ProcessingInfrastructure
Nord operates the only permitted mineral processing andanalytical facility in the Cobalt-Gowganda Camp through itsTemiskaming Testing Labs (TTL) facility. The Company has investedsignificantly in gravity concentration equipment and metallurgicalexpertise, positioning it as the district's central processing hub forboth newly mined material and historic tailings.
Qualified person
The technical information in this news release wasapproved and prepared under the supervision of Mr. Frank J. Basa,B.Eng., (PEO), director of Nord Precious Metals, a qualified person inaccordance with National Instrument 43-101.
About Nord Precious Metals MiningInc.
Nord Precious Metals Mining Inc. operates the onlypermitted high-grade milling facility in the historic Cobalt Camp ofOntario, where the Company has established a unique positionintegrating high-grade silver discovery with strategic metals recoveryoperations. 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 hasdelineated 7.56 million ounces of silver in Inferredresources grading an average of 8,582g/t Ag (250.2 oz/ton) in 27,400 tonnes of material from two sections(1A and 1B) of the Castle East Robinson Zone, beginning at a verticaldepth of approximately 400 meters. Note that mineral resources thatare not mineral reserves and do not have demonstrated economicviability. Please refer to the Nord Precious Metals PressRelease May 27, 2020, for theresource estimate.
Nord's integrated processing strategy leverages thesynergistic value of multiple metals. High-grade silver recoverysupports the economics of extracting critical minerals includingcobalt, nickel, and other battery metals, while the Company'sproprietary Re-2Ox hydrometallurgical process enables production oftechnical-grade cobalt sulphate and nickel-manganese-cobalt (NMC)formulations. This multi-metal approach, combined with establishedinfrastructure including TTL Laboratories and underground mine access,positions Nord to capitalize on both precious metals markets and thegrowing demand for battery materials.
The Company maintains a strategic portfolio of batterymetals properties in Northern Quebec through its 35% ownership inConiagas Battery Metals Inc. (TSXV: COS) as well as the St.Denis-Sangster lithium project comprising 260 square kilometers ofprospective 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
E: waynecheveldayoff@gmail.com
Neither the TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release.
Caution RegardingForward-Looking Statements
This news release may containforward-looking statements which include, but are not limited to,comments that involve future events and conditions, which are subjectto various risks and uncertainties. Except for statements ofhistorical facts, comments that address resource potential, upcomingwork programs, geological interpretations, receipt and security ofmineral property titles, availability of funds, and others areforward-looking. Forward-looking statements are not guarantees offuture performance and actual results may vary materially from thosestatements. General business conditions are factors that could causeactual results to vary materially from forward-looking statements. The Company does notundertake to update any forward-looking information in this newsrelease or other communications unless required by law.
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