Northwire Canada EditionWednesday, October 21, 2026
Northwire
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GOLD 4150.00 +0.2% SILVER 57.71 −0.5% COPPER 6.58 −0.4% OIL 97.15 −0.7% PALLADIUM 1089.90 −1.4% AORO 0.015 +50.0% SCZ 11.49 −1.1% ARIS 23.92 −0.3% IMG 25.00 +0.1% DEX 0.340 −6.8% MMX 0.045 −10.0% DSV 11.35 +1.1% LITH 0.280 +0.0% TECK 88.14 −2.6% ARU 0.230 +2.2% RCK 0.640 +0.0% ZFR 0.070 +27.3% SGZ 0.040 +0.0% GIG 0.500 +0.0% SMD 0.280 +0.0% IAU 2.11 +0.0% GOLD 4150.00 +0.2% SILVER 57.71 −0.5% COPPER 6.58 −0.4% OIL 97.15 −0.7% PALLADIUM 1089.90 −1.4% AORO 0.015 +50.0% SCZ 11.49 −1.1% ARIS 23.92 −0.3% IMG 25.00 +0.1% DEX 0.340 −6.8% MMX 0.045 −10.0% DSV 11.35 +1.1% LITH 0.280 +0.0% TECK 88.14 −2.6% ARU 0.230 +2.2% RCK 0.640 +0.0% ZFR 0.070 +27.3% SGZ 0.040 +0.0% GIG 0.500 +0.0% SMD 0.280 +0.0% IAU 2.11 +0.0%
Drill Results Routine +

Nord Confirms Castle Surface Gold Trend to 560 Metres Long Within the High-Grade Silver Mineralization Zones

Nord Precious identifies a 560m surface gold corridor at Castle East, adding district optionality to its portfolio.

Executive Summary

Nord Precious Metals Mining Inc. (NTH) reported results from a July 2026 prospecting and stripping program at its Castle East property, identifying a new surface gold corridor that extends the known trend to approximately 560 metres along a northeast-trending strike. Key surface samples returned up to 2.80 g/t gold, while channel sampling yielded 2.09 g/t gold over 1.6 metres, including sub-intervals up to 2.51 g/t over 0.7 metres. These findings validate gold mineralization occurring above and around the existing high-grade silver-cobalt system.

Sampling was conducted by Laurentia Exploration and analyzed at Swastika Laboratories, with results approved by Qualified Person Frank J. Basa, P.Eng. The company plans an expanded fall drilling program to further define the geological model and is awaiting pending assay results from recent deep silver drilling.

Material Impact

Nord Precious Metals Mining Inc. (NTH) released results representing incremental exploration progress that align with the company's previously announced gold targets along the Ridout-Tyrrell corridor, as of July 2026. Surface sampling and channel results are expected to follow up on the ongoing 30,000-metre district-scale drill program.

The news does not introduce a new discovery, alter the permitting timeline for the Gowganda tailings project, or change the near-term financial outlook. While it reinforces the district-scale geological model, the results lack the scale, metallurgical validation, or resource definition required to move the stock materially. The impact is positive but routine, consistent with expected exploration updates.

NTH · Price
Company Overview

Nord Precious Metals Mining Inc. (NTH) operates in Ontario's historic Cobalt and Gowganda silver-cobalt camps. Its flagship asset is the Castle East, a high-grade silver-cobalt discovery that holds a historical inferred resource of approximately 7.56 million ounces of silver averaging 8,582 g/t Ag. The company also holds the Gowganda Silver Tailings, a secondary asset containing a historical indicated estimate of approximately 1.94 million tonnes grading 47.5 g/t Ag, which equates to roughly 2.96 million contained ounces.

To support its operations, Nord Precious Metals utilizes TTL Laboratories, a permitted high-grade milling facility, alongside the Re-2Ox hydrometallurgical process designed to strip arsenic and recover cobalt sulphate. The company’s strategy involves leveraging near-term tailings recovery to fund district-scale exploration and establish a hub-and-spoke toll-processing model.

Read the original news release →

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