Nord Precious Metals' Test Work from Beaver Mine Tailings Produces Commercial High-Grade Silver Concentrate

Core Insights - Nord Precious Metals has achieved commercial high-grade silver concentrate from Beaver Mine tailings, with a concentration of 2,114.9 grams per tonne, indicating a significant concentration factor of 1,173% [2][5]. Testing and Results - The company utilized Falcon concentration technology, achieving a concentration of 2,114.9 g/t silver, while spiral technology yielded 1,268.6 g/t from head assays of 180.3 g/t and 205.8 g/t silver, representing concentration factors of 616-703% and 1,028-1,173% respectively [3][5]. - Previous sonic drilling in 2020 across 127 drill holes revealed tailings grades ranging from 13.7 g/t to 314 g/t silver, with an average of 79.0 g/t Ag, alongside other metals such as cobalt, copper, and nickel [4]. Processing Framework - The Ontario Ministry of Energy and Mines has confirmed that toll processing arrangements can be included in the Recovery Permit application, positioning the company's Temiskaming Testing Labs facility as a potential processing hub for legacy tailings in the Cobalt-Gowganda Camp [6]. - The company has engaged environmental consultants to assist with permitting steps and has maintained agreements with three First Nations groups to ensure community support [7]. Environmental and Operational Plans - The company plans to implement closed-loop water recycling protocols to meet regulatory scrutiny regarding water management [8]. - The commissioning of a 600 tonne-per-day modular gravity plant is scheduled to begin processing in 2026, contingent upon permit receipt [8]. Strategic Positioning - Nord operates the only permitted high-grade milling facility in the historic Cobalt Camp of Ontario, integrating high-grade silver discovery with strategic metals recovery operations [10]. - The company's multi-metal approach supports the recovery of critical minerals, including cobalt and nickel, while leveraging established infrastructure for both precious metals and battery materials [11].