NTH:CC - Nord Receives Advanced Application and Procedure for Recovery Permit
(TheNewswire)
June 2, 2025 – TheNewswire - NordPrecious Metals Mining Inc. (TSX-V: NTH | OTCQB: CCWOF | FRANKFURT:4T9B) ("Nord" or the "Company") is pleased toreport that the Ontario Ministry of Mines has delivered an advancedtemplate and 80-day fast-track pathway for the Company's RecoveryPermit Application. Formal submission is scheduled for July 1, 2025,and ministry officials have invited Nord to begin pre-filing meetingsto ensure a smooth review. This step builds on years of metallurgicalvalidation work confirming high-grade silver tailings andbattery-metal recoveries at Castle and Beaver, and it signals thefirst move in a staged district program based on the Company's gravityconcentration and hydrometallurgical recovery methods, with fulltechnical specifications to follow as each operational phasecommences.
Frank J. Basa, B.Eng., President & CEO, remarked,"The ministry's streamlined framework aligns with our disciplinedplan to convert dormant resources into near-term cash flow whilereinforcing our commitment to responsible mining. Our extensive pilotwork and infrastructure investments position Nord to move quickly oncepermits are in hand."
Key Permit Inclusions
- Legacy tailings reprocessing at Castle and Beaversites, targeting both silver and critical metals recovery
- Retrieval of broken ore from Level 1 stopes prior toback-fill
- Back-fill with reprocessed tailings to stabilisecrown pillars
Scope of the UpcomingApplication
Many permit elements are optional at the districtlevel. Nord will therefore apply to recover legacy tailings at theCastle and Beaver sites, including material that migrated onto Castlefrom an adjoining property, and to address waste rock stored in openstopes. These steps mirror the Company's previously disclosed Phase 1: materialrecovery and Phase 2: tailings back-fillstrategy and require no Closure Planunder Ontario's amended Mining Act section 152.1. The filing will alsoreference, in principle, a modular, closed-loop processing circuitthat can be deployed promptly once approvals are in hand, ensuring aseamless transition from permit to processing.
Processed tailings will be returned underground asengineered back-fill, stabilising the workings and enabling futuremining. The first-level adit has already been refurbished andconverted to trackless haulage, during which crews identified brokenhigh-grade material left behind in the stopes by earlier operations.Nord plans to treat that high grade material at the TemiskamingTesting Labs gravity plant, building on the Company's successfulproduction of a 1,000-ounce silver bar and battery-grade cobaltsulfate from similar material.
Value Creation and Next Steps
Nord's integrated hub-and-spokemodel aims to unlock three concurrentrevenue streams: underground broken ore, surface stockpiles, andhistoric tailings. The Company's approach integrates gravityseparation for silver recovery with advanced hydrometallurgicalprocessing for critical metals, including cobalt, nickel, andmanganese.
The Company will meet with ministry officials in Juneand will issue a further update once the application is formallyaccepted. Additional announcements, including a district developmenttimeline, are planned following permit acceptance.
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 28, 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 of future performance andactual results may vary materially from those statements. Generalbusiness conditions are factors that could cause actual results tovary materially from forward-looking statements. The Company does not undertake to updateany forward-looking information in this news release or othercommunications unless required by law.
Copyright (c) 2025 TheNewswire - All rights reserved.