Nearly 3 Million Ounces of Century-Old Silver. Ontario Just Opened the Door.

Nord Precious Metals Mining Inc. has initiated pre-submission consultations with Ontario’s Ministry of the Environment, Conservation and Parks (MECP) for a Mineral Recovery Permit for its Gowganda silver tailings recovery program. The company also converted a $3 million related-party receivable from Granada Gold Mine Inc. into a 3% Net Smelter Return (NSR) royalty on a Quebec gold property, pending TSX Venture Exchange approval.

A 5,000-metre drill phase is underway at the Castle East silver discovery, part of a planned 30,000-metre program across the 63 sq. km Castle property. CEO Frank J. Basa presented at the OTCQB Virtual Investor Conference; the company holds a 35% stake in Coniagas Battery Metals and the St. Denis-Sangster lithium project. The company references its Re-2Ox hydrometallurgical process for complex silver-cobalt ores.

First Majestic Silver Corp. (AG) announced a routine regulatory update regarding its tailings recovery project, which is currently subject to an approximately 80-day review process by the Ministry of the Environment, Conservation and Parks (MECP). The company also disclosed a minor related-party asset swap involving a non-producing property in Quebec.

The transaction monetizes an existing receivable but introduces a royalty burden on the Quebec asset. Neither event alters the company's near-term cash flow profile or operational footprint. The MECP review represents a procedural milestone rather than a guarantee of approval.

Nord Precious Metals Mining Inc. is a junior exploration and development company focused on precious metals and battery metals. Its core assets include the Gowganda silver tailings recovery project in Ontario, the Castle East silver discovery, the St. Denis-Sangster lithium project, and a 35% ownership interest in Coniagas Battery Metals. The company is advancing the Re-2Ox hydrometallurgical process for complex ores.