CCWOF - Nord Precious Metals Unveils Promising Gold Results in Gowganda Camp

(TheNewswire)

Unlocking both the Archean Gold andthe Nipissing Silver

March 5, 2024 – TheNewswire - Coquitlam, BC - Nord Precious Metals MiningInc., (TSXV:NTH) (OTC:CCWOF) (Frankfurt:4T9B)(the "Company" or "Nord” or “Nord PreciousMetals”), following extensive drilling efforts targeting both silverand gold mineralization, Nord Precious Metals is thrilled to announcethe initial findings from hole CS-23-123. These results mark asignificant step forward in our exploration endeavors within theGowganda Camp.

In addition to our ongoing pursuit of mineralization atthe Castle East Silver Deposit, we have strategically designed holesto investigate the compelling gold values uncovered during our summerstripping and prospecting activities. Our exploration team is excitedabout the potential for a regional gold target within the GowgandaCamp at the system level.

Results from CS-23-123:

• The targeted zone was intersected with gold results upto 3.05 grams per tonne. The zone here is about 9 m wide consisting ofanomalous gold mineralization within a zone of strong pervasivechlorite alteration of the rocks and intense fracturing.

• Within this zone is a 3.83 m zone running at a weightedaverage of 1.41 grams per tonne Au in the range represented in thetable below from 252.2 m to 256.03 m.

• This drill campaign represents the beginning stage ofdefining multiple gold trends across the property with these earlyresults being very encouraging from a system perspective.  Additionalresults are pending.

"These new gold grades are very encouraging,"stated Matthew Halliday, President at Nord Precious Metals. "Webelieve there is substantial potential for understanding a broadersystem within the Gowganda Camp. While a large gold system may existindependently from the silver system, it could hold vital clues thatenhance our understanding of the area's broader geology."

The Castle East Silver Deposit sits atop a largeArchean shear, which may play a pivotal role in both the deposition ofArchean gold mineralization on-site and the potential remobilizationof these minerals into younger silver veins.

Nord Precious Metals remains committed to exploring andunlocking the full potential of the Gowganda Camp. With thesepromising initial results, we are poised to continue our rigorousexploration efforts, furthering our understanding of the region'sgeological intricacies and unlocking its mineral wealth.

Interested investors can access information about NordPrecious Metals at its website, NordPreciousMetals.com and its social media channels at X(Twitter), LinkedIn,Facebook, and YouTube for which links are available on the Company’swebsite.

Qualified Person

The technical information in this news release wasapproved by and prepared under the supervision of Mr. MatthewHalliday, P.Geo., (PGO), President, COO and VP Exploration of NordPrecious Metals Inc., a qualified person in accordance with NationalInstrument 43-101.

Quality Control and ReportingProtocols

These assay results are from TTL in Cobalt, Ontario.The drill program, quality assurance, quality control (QAQC), andinterpretation of results is performed by qualified persons employingprocedures consistent with NI 43-101 and industry best practices.Either a Standard or a blank is included with every 10 samples forQAQC purposes for this program in addition to the lab QAQC.

About Nord Precious Metals MiningInc.

Nord Precious Metals Mining Inc. (formerly CanadaSilver Cobalt Works Inc.) recently discovered a major high-gradesilver vein system at Castle East located 1.5 km from its 100%-owned,past-producing Castle Mine near Gowganda in the prolific andworld-class silver-cobalt mining district of Northern Ontario. TheCompany has completed a 60,000 m drill program aimed at expanding thesize of the deposit with an update to the resource estimateunderway.

In May 2020, based on a small initial drill program,the Company published the region’s first 43-101 resource estimatethat contained a total of 7.56 million ounces of silver in Inferredresources, comprising very high-grade silver (8,582 grams per tonneun-cut or 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 (previously CanadaSilver Cobalt Works) Press Release May 28, 2020, for the resourceestimate. Report reference: Rachidi, M. 2020, NI 43-101 TechnicalReport Mineral Resource Estimate for Castle East, Robinson Zone,Ontario, Canada, with an effective date of May 28, 2020, and asignature date of July 13, 2020.

The Company also has: (1) 14 battery metals propertiesin Northern Quebec where it has recently completed a nearly16,000-metre drill program on the Graal property; and (2) theprospective 1,000-hectare Eby-Otto gold property close to AgnicoEagle’s high-grade Macassa Mine near Kirkland Lake, Ontario where itis exploring. (3) St. Denis-Sangster lithium project – 260 squarekilometers of greenfield exploration ground with numerous pegmatitesfocussed along a significant volcanic sedimentary rock – Archeangranite contact near Cochrane, Ontario contiguous to Power Metals’Case Lake Lithium properties.

Nord Precious Metal’s flagship silver-cobalt Castlemine and 78 sq. km Castle property feature strong exploration upsidefor silver, cobalt, nickel, gold, and copper. With underground accessat the fully owned Castle Mine, an exceptional high-grade silverdiscovery at Castle East, a pilot plant to produce cobalt-rich gravityconcentrates, a processing facility (TTL Laboratories) in the town ofCobalt, and a proprietary hydrometallurgical process known as Re-2Ox(for the creation of technical-grade cobalt sulphate as well asnickel-manganese-cobalt (NMC) formulations), Nord Precious Metals isstrategically positioned to become a Canadian leader in thesilver-cobalt space. 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

Caution Regarding Forward-LookingStatements

Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release. 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.

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