Core Viewpoint - Nord Precious Metals Mining Inc. is initiating a 3,600-meter phase of a 30,000-meter drill program at its Castle East property, targeting 29 newly modeled silver veins [1][2][4]. Drilling Program Details - The first phase will focus on testing potential silver veins and their extensions above and below the Nipissing Diabase, as well as veins near the contacts with Archean volcanic lithologies [2][3]. - Initial drilling will target a total of 7 modeled veins at various depths, with historical data indicating significant silver intercepts within the diabase and surrounding areas [3][4]. Historical Context and Exploration Potential - Historical production primarily occurred near the upper contact of the diabase, but the lower contact, which can reach depths of 600 meters, remains largely under-explored [5]. - Advances in diamond drilling technology now allow for more accurate directional drilling, making previously inaccessible areas more accessible for exploration [5]. Future Plans - Following the completion of the first phase, the company plans to continue drilling in subsequent phases based on the results obtained [7]. Company Overview - Nord Precious Metals operates the only permitted high-grade milling facility in Ontario's Cobalt Camp and has a strategic focus on integrating high-grade silver discovery with critical metals recovery operations [10][12]. - The Castle property encompasses 63 square kilometers and includes the Castle East discovery, which has delineated 7.56 million ounces of silver in inferred resources [11]. - The company's multi-metal approach supports the extraction of critical minerals, including cobalt and nickel, leveraging established infrastructure for battery materials [12].

Core Viewpoint - Nord Precious Metals Mining Inc. is conducting a non-brokered private placement to raise between $1 million and $4 million to support its mining operations and resource development efforts [1][4]. Financing Details - The Offering consists of a minimum of 8,333,333 Units and a maximum of 33,333,333 Units priced at $0.12 per share [1]. - Each Unit includes one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional common share at $0.155 for five years [2]. - The Offering is expected to close around September 26, 2025, subject to regulatory approvals [8]. Use of Proceeds - The net proceeds will be used for testing tailings recovery, pilot testing of the Re-2Ox process, and diamond drilling on the Castle East Property [4][7]. - Specific objectives include advancing resource work, submitting Recovery Permit materials, and funding administrative expenses [7]. Company Overview - Nord operates a high-grade milling facility in Ontario's Cobalt Camp and has a flagship property that includes 63 sq. km of exploration ground with significant silver resources [13]. - The company has delineated 7.56 million ounces of silver in inferred resources with an average grade of 8,582 g/t Ag [13]. - Nord's integrated processing strategy focuses on recovering multiple metals, including cobalt and nickel, to meet the growing demand for battery materials [14]. Advisory and Finder Arrangements - Research Capital Corporation has been engaged as the exclusive finder for the Offering, receiving an 8% cash commission and warrants [9][10]. - The company will also pay a fee of $25,000 to the advisor for financial advisory services [10]. Related Party Transactions - Participation by insiders in the Offering will be considered a related party transaction but is expected to be exempt from certain formal requirements [11].