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Nord Precious Metals Plans Fall Drill Program, Reports 29 New Veins in Comprehensive 3D Modeling Study After 75,000 Meters Drilled
Thenewswireยท2025-08-26 13:00

Core Insights - Nord Precious Metals Mining Inc. has identified high-grade silver, gold, and critical metals mineralization across an extensive vein network at the Castle East location on the Castle Silver Mine property, following a comprehensive review by Ronacher McKenzie Geoscience [1][2] Exploration and Technical Update - The company has established a high-grade mineralized zone within 2 kilometers of the last operating high-grade silver mine in the Cobalt area, identifying 29 veins through advanced modeling techniques [2][6] - The review included over 75,000 meters of drill data, which has significantly enhanced the understanding of the potential scale of the Castle East property [2][6] Future Plans - The company plans to commence drilling in the fall to further define and increase confidence in the structural modeling, aiming for an updated Resource Estimate [3] Key Highlights - Twenty-nine veins have been identified, with 21 modeled in Area A and 8 in Area B, confirming a localized stockwork system [6] - The model validates previously reported exceptional grades, positioning Castle East among the highest-grade silver discoveries globally [6][7] Company Overview - Nord Precious Metals operates the only permitted high-grade milling facility in the historic Cobalt Camp of Ontario, with a flagship property encompassing 63 square kilometers [7] - The Castle East discovery has delineated 7.56 million ounces of silver in Inferred resources, averaging 8,582 g/t Ag from two sections of the Robinson Zone [7] Strategic Positioning - The company's integrated processing strategy supports the recovery of high-grade silver and critical minerals, including cobalt and nickel, leveraging established infrastructure [8] - Nord maintains a strategic portfolio of battery metals properties, including a 35% ownership in Coniagas Battery Metals Inc. and the St. Denis-Sangster lithium project [9]