Nord Precious Metals Prepares for Recovery Permits and Future Operations at Castle Mine

**August 6, 2024 – TheNewswire** – Coquitlam, BC, Nord Precious Metals Mining Inc. (TSXV: NTH) (OTCQB: CCWOF) (Frankfurt: 4T9B), has continued correspondence with the Ontario Ministry of Mines about the progress of recovery permits essential for advancing operations at the Castle Mine site. As the government finalizes the details, Nord is preparing for the permit rollout to enhance operations and sustainable initiatives.

Nord Precious Metals’ Environmental Practices

Nord aims to process tailings from previous operations at the Castle Mine by placing waste material underground and using backfilling techniques to improve the stability of the historic crown pillar. This approach enhances the site’s structural integrity and aligns with Nord’s commitment to environmentally responsible mining practices.

Resource Recovery Initiatives

Nord plans to recover broken mineralized material left in historic stopes for processing at the TTL facility, containing cobalt and silver grades similar to those in the waste pile outside the mine. By recovering these resources, Nord optimizes resource utilization and contributes to sustainable mining practices.

Progress and Future Plans

Nord successfully poured a 1,000-ounce silver bar from the historic waste pile and produced a high-grade cobalt-nickel gravity concentrate. This concentrate was processed to produce cobalt sulfate for the Asian market at SGS Lakefield, showcasing Nord’s expertise in generating value-added products from mining operations.

In addition to recovery efforts, Nord is advancing the ramp design at Castle East, incorporating new drill results near the Capitol Mine. These enhancements aim to optimize exploration and development activities for efficient and effective resource extraction.

“We are committed to advancing our operations at the Castle Mine responsibly and sustainably,” said Frank Basa P.Eng., CEO at Nord Precious Metals. “Our focus on recovery and optimization aligns with our strategic goals of maximizing resource utilization while prioritizing environmental stewardship.”

Nord Precious Metals remains dedicated to leveraging its expertise and strategic resources to drive value for stakeholders and contribute to the sustainable development of the mining industry.

Qualified Person

The technical information in this news release was approved by and prepared under the supervision of Matthew Halliday, P.Geo., (PGO), President and COO Nord Precious Metals, a qualified person in accordance with National Instrument 43-101.

About Nord Precious Metals Mining Inc.

Nord Precious Metals Mining Inc. (formerly Canada Silver Cobalt Works Inc.) recently discovered a major high-grade silver vein system at Castle East. The company has completed a 60,000m drill program aimed at expanding the deposit with an update to the resource estimate underway.

In May 2020, the company published the region’s first 43-101 resource estimate that contained a total of 7.56 million ounces of silver in inferred resources. This comprised very high-grade silver (8,582 grams per tonne un-cut) in 27,400 tonnes of material from two sections (1A and 1B) of the Castle East Robinson Zone. Note that mineral resources are not mineral reserves and do not have demonstrated economic viability.

The company also has 14 battery metals properties in Northern Quebec and the St. Denis-Sangster lithium project in Ontario contiguous to Power Metals’ Case Lake Lithium properties.

Nord Precious Metal’s flagship Castle Mine and 78 sq. km Castle property feature strong exploration upside for silver, cobalt, nickel, gold, and copper. With underground access at the fully owned Castle Mine, an exceptional high-grade silver discovery at Castle East, a pilot plant to produce cobalt-rich gravity concentrates, and a processing facility (TTL Laboratories), Nord Precious Metals is strategically positioned to become a Canadian leader in the silver-cobalt space.

Disclaimer:
The content presented on this page has not been manually verified by our team. While we strive to ensure accuracy, we cannot guarantee the validity, completeness, or timeliness of the information provided. Always consult with appropriate professionals or sources before making any decisions based on this content.

The image is randomly selected and doesn’t necessarily represent the company or the news below.

Click here for more Company News