Northwire Canada EditionWednesday, November 11, 2026
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Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.27 −1.2% Oil 86.04 −0.9% Palladium 1,024.00 +0.2% NVX 0.910 +0.0% MSR 0.435 +0.0% ELE 22.85 −4.0% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1%
Drill Results

Nord Precious Metals Intercepts High-Grade Silver in 3,500-Meter Phase I Drill Program

Nord transitions from exploration to district-scale processing hub as Phase I drilling confirms multi-vein silver geometry at Castle East.

By The Northwire Desk — AI Analysis Feb 24, 2026 · 08:30 NTH · 0.22 Nord Precious Metals Mining Inc.
Executive Summary

The most recent news (February 24, 2026) confirms that Nord has completed 2,100 meters of its 3,500-meter Phase I drill program at the Castle East project. Early visual results from three holes have intersected silver-cobalt mineralization, specifically confirming the 29-vein 3D structural model developed by Ronacher McKenzie Geoscience. Hole CS-26-129W2 intersected three distinct mineralized intervals. The company is adopting a dual-width reporting approach (high-grade vein vs. wider mineralized envelope) to evaluate bulk extraction potential.

Material Impact

The impact is Routine - Positive. While the confirmation of the 3D model is a critical technical de-risking step, the news lacks assay results (which are pending). - Technical Validation: Moving from 5 known veins to 29 modeled veins, with early drilling hitting mineralization where predicted, validates the geological theory that Castle East is a "stockwork" system rather than isolated veins. - Strategic Shift: The focus on "dual-width" sampling suggests management is pivotally looking at bulk mining scenarios rather than just narrow-vein high-grade mining, which could significantly impact future resource tonnage. - Continuity: This follows the January 2026 acquisition of the Gowganda leases from Battery Mineral Resources, which increased the company's land package by 40%. The drilling is the "proof of concept" for the consolidated district strategy.

NTH · Price
Company Overview

Nord Precious Metals (formerly Canada Silver Cobalt Works) focuses on the "Cobalt Embayment" in Ontario. - Flagship: The Castle Property (63 sq. km), including the Castle Mine and the Castle East discovery. - Resource: A historic inferred resource of 7.56 Moz Silver at an exceptional grade of 8,582 g/t Ag. - Infrastructure: Owns the Temiskaming Testing Labs (TTL), the only permitted processing/analytical facility in the district.

Read the original news release →

More from Nord Precious Metals Mining Inc.

Oct 13, 2026 · 18:35

Nord Precious filed a NI 43-101 report for the Gowganda tailings project, advancing permitting for near-term silver recovery.

Resource Estimate Oct 07, 2026 · 16:10

Nord Precious raises $1.6m to fund Castle East drilling as its stock hits 52-week lows.

Financings Sep 29, 2026 · 07:30

Nord Precious advances its Gowganda silver tailings project, navigating policy tailwinds alongside the practical realities of the permitting process.

Production / Operations Sep 22, 2026 · 09:37

Nord Precious advances Gowganda tailings permitting as mine dewatering secures essential process water for the project.

Production / Operations Sep 15, 2026 · 08:30

Nord Precious’s updated tailings resource advances Gowganda permitting while liquidity risks persist.

Resource Estimate Sep 09, 2026 · 09:02

Nord Precious reports bonanza silver assays from a 0.3m core intercept at its project, though no true width was disclosed.

Drill Results