Nord Precious Metals Unveils 68th Test Pit Excavation Drone Video, Confirms Tailings Extend to Property Boundaries

Core Insights - Nord Precious Metals Mining Inc. has released video documentation of excavation work at its Castle Silver Mine property, highlighting the discovery of Test Pit 68, which is the deepest excavation to date in the exploration of legacy tailings deposits [1][2] Operational Progress - The excavation program has revealed that the area designated for gravity circuit installation is situated atop historical tailings rather than bedrock, transforming site preparation into resource delineation [4] - Each test pit provides both geotechnical data and potential feed material, with the company confirming an alternate location for a modular processing facility [4][8] - The systematic approach to excavation includes precision work within defined parameters, comprehensive documentation of stratified layers, and methodical sample collection for metallurgical characterization [5][10] Strategic Implications - The discovery of extensive tailings deposits at property boundaries indicates that the resource footprint exceeds initial estimates, suggesting significant potential for resource expansion [6] - The confirmation of high-grade material extending beyond previously mapped areas enhances the project's near-term potential and could strengthen project economics from the commencement of operations [7] Next Steps - The company will continue test pit exploration to property boundaries, focusing on determining the source of migrating tailings and developing a three-dimensional model that integrates historical mine plans with current excavation results [9]