Nord Precious drills 2,100 m at Castle East

Executive Summary

• Nord Precious Metals has completed over 2,100 metres of its Phase 1 drill program at the Castle East property, part of a planned 3,500-metre initial stage within a broader 30,000-metre campaign.
• Three holes have been completed to date, with hole CS-26-129W2 intersecting three distinct mineralized intervals consistent with the company's 2025 3-D geological model; assay results are currently pending.
• The program aims to confirm 29 potential discrete vein structures identified through a reinterpretation of historical data, with the ultimate goal of justifying a ramp for underground access and enabling bulk sampling for processing at the company's TTL Laboratories mill.

Key Details

• Drilling Progress: Completed over 2,100 metres of the 3,500-metre Phase 1 program at Castle East.
• Hole CS-26-129W2: Intersected three distinct mineralized intervals, consistent with the multivein architecture identified in the 2025 3-D geological model.
• Assay Status: Results for the three completed holes are pending and will be released as they become available.
• Historical Context: The program follows up on high-grade silver intercepts in the Cobalt camp, including 19,308 g/t Ag over 1.30 metres (CS-20-39W4) and 89,853 g/t Ag over 0.30 metre (CS-20-39).
• Geological Model: A comprehensive reinterpretation of geophysics, structural analysis, and over 75,000 metres of historical drilling identified 29 potential discrete vein structures.
• Strategic Objectives:
  • Increase the resource estimate for Castle East.
  • Position a ramp for underground access to enable further drilling at depth.
  • Recover a bulk sample for processing at the fully permitted TTL Laboratories mill in Cobalt, Ontario.
• Reporting Methodology: The company will report results using two sample widths for each interval: a narrower cut for the high-grade vein proper and a wider envelope including silver in the surrounding wall rock, to capture the full distribution of mineralization for bulk extraction planning.
• Historical Resource: The Castle East Robinson Zone contains a historical inferred resource of 7.56 million ounces of silver averaging 8,582 g/t Ag (250.2 oz/t) in 27,400 tonnes of material, beginning at a vertical depth of approximately 400 metres (effective date May 28, 2020).

Notable Quotes

• "The 3-D structural model gave us 29 target veins where previously we had five. Three holes in, and we are already seeing the multivein geometry the model predicted. That is the kind of early confirmation that tells you the geology is real and the program is on the right track," stated Frank J. Basa, PEng, president and chief executive officer.
• "Our objective has not changed: confirm enough structure to justify a ramp, get underground and put a bulk sample through our mill. Every metre we drill now is designed to move us closer to that decision."