Nord Precious Metals Mining announces that it has reached an agreement with certain creditors to repay debts in the aggregate amount of $829,112.64 through the issuance of 6,909,272 common shares of the Company at a deemed price of $0.12 per share. All securities issued pursuant to the Shares for Debt Transaction are issued to arm's length parties to the Company and are subject to TSXV approval. All shares issued in [...]
Nord Precious Metals announces that the Company has closed a non brokered private placement financing by issuing 1,875,000 flow-through units at a price of $0.16 per FT Unit raising gross proceeds of $300,000, subject to final TSXV approval. Each FT Unit is comprised of one common share of the Company and one share purchase warrant. Each whole warrant will entitle the holder thereof to purchase one additional common share [...]
Nord Precious Metals Mining has retained Ronacher McKenzie Geoscience to complete a 3D geological and structural model for the Castle East high-grade silver property. Ronacher McKenzie Geoscience has worked previously in this area where the geology, geophysics and structure around the Cobalt Camp is unique, enabling them to provide a distinctive level of confidence based on global expertise. Nord CEO, Frank J. Basa [...]
Nord Precious Metals Mining announces that the Company has closed the first tranche of a non brokered private placement financing by issuing 2,906,666 units at a price of $0.12 per Unit raising gross proceeds of $348,800. The Company also announces that it plans to issue up to an additional 8,333,333 Units at a price of $0.12 per Unit raising gross proceeds of up to $1,000,000 in the coming weeks. Each Unit is comprised [...]
Nord Precious Metals Mining announces that the Company has closed a non-brokered private placement by way of issuing 5,000,000 units at a price of $0.12 per Unit raising gross proceeds of $600,000. Each Unit is comprised of one common share of the Company and one half of one share purchase warrant. Each whole warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise [...]
Nord Precious Metals 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 [...]
Nord Precious Metals Mining Inc. has established a framework with Electra Battery Materials Corp. to process cobalt-bearing silver concentrates at Electra's Ontario cobalt sulfate refinery, marking a significant step in the recovery of valuable metals from legacy mining sites. The Memorandum of Understanding comes as mining companies and governments grapple with both critical mineral supply challenges and environmental [...]
Nord Precious Metals Mining Inc. is proceeding with a permitted, engineered water treatment facility at Castle Silver Mine, expanding its vertically integrated operational capabilities in the Cobalt-Gowganda Camp. This new infrastructure will manage mine dewatering and process waters for both previously mined mineralized material in the stopes , and legacy tailings under the Ministry's new Recovery Permitting System [...]
Nord Precious Metals Mining Inc. has, through deep pit digging, identified a potential second tailings deposit on the Castle Silver Mine site. Tailings Highlights: Located next to Castle Silver Mine Shaft on two 20-hectare mining leases Deepest pit dug down to 6 meters, open to depth Company tailings amalgamated with off-property historic tailings, not owned by Nord, having a drill-indicated resource of 2,960,000 ounces [...]
Nord Precious Metals Mining Inc. has commenced the testing of the Historic Beaver Mine Tailings in Coleman Township. These are stamp mill tailings and are coarser in grain size and may contain fine native silver. The tailings have been sampled by sonic drilling and have been found to contain silver grades of up to 314 grams per tonne silver with an average grade of 79 grams per tonne silver. Beaver Mine Metallurgical [...]
Nord Precious Metals Mining Inc. is accelerating its tailings recovery strategy following Global Business Reports' publishing of the pre-release edition of "Ontario Mining and Toronto's Global Reach 2025" . The Strategy Document's emphasis on streamlined permitting and resource recovery validates the approach Nord has been developing since 2021. In the Strategy Document, Ontario's Minister of Mines George Pirie emphasized [...]
Nord Precious Metals Mining Inc., , Is pleased to provide a planned program for the gravity concentration of the Miller Creek High Grade Silver Tailings and Recovery Permit Requirements. Frank J. Basa, President and CEO, commented, "The Ontario Metals Recovery Permit minimizes the timelines for obtaining conventional mining permits, which historically have been long and challenging for the junior mining industry." Further [...]