Core Insights - Nord Precious Metals Mining Inc. has granted stock options to its directors and officers for a total of 900,000 common shares at an exercise price of $0.25 per share, exercisable for five years [1] Company Overview - Nord Precious Metals Mining Inc. operates the only permitted high-grade milling facility in the historic Cobalt Camp of Ontario, focusing on high-grade silver discovery and strategic metals recovery [3] - The flagship Castle property covers 63 square kilometers and includes the past-producing Castle Mine, with drilling at Castle East delineating 7.56 million ounces of silver in inferred resources averaging 8,582 g/t Ag (250.2 oz/ton) [3] Integrated Processing Strategy - The company's integrated processing strategy enhances the economic viability of extracting critical minerals such as cobalt and nickel alongside high-grade silver recovery [4] - Nord's proprietary Re-2Ox hydrometallurgical process allows for the production of technical-grade cobalt sulfate and nickel-manganese-cobalt (NMC) formulations, positioning the company to benefit from both precious metals and battery materials markets [4] Strategic Portfolio - The company holds a strategic portfolio of battery metals properties in Northern Quebec, including a 35% ownership in Coniagas Battery Metals Inc. and the St. Denis-Sangster lithium project, which spans 260 square kilometers near Cochrane, Ontario [5]
Nord Precious Metals Grants Stock Options
Thenewswire·2025-10-06 18:55