Nord Precious Metals Advances Recovery Permit Application With Ministry Guidance on District-Scale Silver Processing Ontario Ministry Outlines Pathway for Toll Processing of Adjacent Properties, Positioning Nord as Regional Hub for Legacy Tailings Recovery
Nord Precious Metals Advances Recovery Permit Application With Ministry
Guidance on District-Scale Silver Processing
Ontario Ministry Outlines Pathway for Toll Processing of Adjacent Properties, Positioning Nord
as Regional Hub for Legacy Tailings Recovery
September, 10 2025 - Nord Precious Metals Mining Inc. (TSX -V: NTH | OTCQB: CCWOF |
FRANKFURT: 4T9B) ("Nord" or the "Company") has received formal guidance from the Ontario
Ministry of Energy and Mines following its August 28, 2025 pre -submission meeting, outlining an
expedited pathway for its Recovery Permit application that includes provisions for processing material
from neighb oring silver properties, a development that positions Nord as a potential district -scale
processor in North America's most strategic critical minerals jurisdiction.
The Ministry's written response, received August 29, confirms that toll processing arrangements can be
included in the Company's application, whereby Nord would process tailings from adjacent properties.
This positions the Company's Temiskaming Testing Lab s (TTL) facility as the natural processing hub
for the entire Cobalt -Gowganda Camp's legacy tailings, a district where 108 underground mines
historically produced 600 million ounces of silver.
"While others pursue expansion across multiple continents, we're focused on unlocking value from waste
streams in North America's richest historic silver district," stated Frank J. Basa, P.Eng., President & CEO.
"The Ministry's guidance on toll processing validates our hub-and-spoke model at the regulatory level.
In an era where strategic mineral security requires domestic midstream infrastructure, we're
demonstrating that substantial value exists in our own industrial heritage."
Ministry Fast-Track Process Outlined
The Ministry has invited Nord to submit draft applications for preliminary review, a streamlined process
offered to select applicants. The formal submission process, initiated mid-2025 following the
proclamation of Part VII amendments to the Ontario Mining Act, will notably not require a closure plan,
eliminating what has historically been the most time-consuming element of permit applications.
Three Revenue Streams, One Permit
The Recovery Permit application will encompass:
Nord Precious Metals Mining Inc.
3028 Quadra Court
Coquitlam, B.C., V3B 5X6
www.nordpreciousmetals.com.
Page 2 of 4
• Processing of Nord’s Castle and Beaver Mine legacy tailings (demonstrated grades up to 786,809
g/t silver in gravity concentrates)
• Recovery of broken mineralized material from Castle’s Level 1 stopes identified during trackless
conversion
• Toll processing arrangements for tailings from adjacent properties, transforming environmental
liabilities into cash-generating feedstock
Strategic Mineral Security Through Waste Recovery
The Cobalt -Gowganda Camp contains dozens of orphaned tailings deposits from over a century of
mining. With TTL as the only permitted processing facility in the district and Ministry guidance
supporting toll processing arrangements, Nord is positioned to be come what industry observers call a
"Waste-to-Market" operator, aggregating and processing scattered resources that would otherwise remain
environmental liabilities. This aligns with North American priorities for securing domestic critical
mineral supplies from existing sources rather than waiting 15+ years for new mine development.
The Company's proven metallurgical process, which produced a 1,000 -ounce silver bar and battery -
specification cobalt sulfate from initial testing, can be applied across diverse feed sources without
significant modification. Technical studies already completed during initial permit applications remain
valid, eliminating potential delays. The regulatory framework specifically encourages this type of
environmental remediation through mineral recovery.
First Nations Partnership and Technical Readiness
Nord has maintained agreements with three First Nations groups for years, ensuring social license and
community support. Combined with existing technical studies covering geochemical, hydrogeological,
and tailings stability assessments, the Company enters the permit process with advantages that typically
take juniors years to achieve.
Near-Term Execution
• Formal permit submission to Ministry: Q4 2025
• Commissioning of the already acquired automated, modular 600 tonne -per-day gravity plant:
Upon permit receipt
• Initial processing target to begin 2026
Nord's district consolidation strategy builds domestic processing capacity using existing infrastructure,
proven technology, and clear regulatory guidance. The path from permit to production is measured in
months, not years, with each phase building on established operations rather than speculative greenfield
development.
Qualified Person
The technical information in this news release was approved and prepared under the supervision of Mr.
Frank J. Basa, P.Eng., (PEO), director of Nord Precious Metals, a qualified person in accordance with
National Instrument 43-101.
About Nord Precious Metals Mining Inc.
Page 3 of 4
Nord Precious Metals Mining Inc. operates the only permitted high-grade milling facility in the historic
Cobalt Camp of Ontario, where the Company has established a unique position integrating high -grade
silver discovery with strategic metals recovery oper ations. The Company's flagship Castle property
encompasses 63 sq. km of exploration ground and the past-producing Castle Mine, complemented by the
Castle East discovery where drilling has delineated 7.56 million ounces of silver in Inferred resources
grading an average of 8,582 g/t Ag (250.2 oz/ton) in 27,400 tonnes of material from two sections (1A
and 1B) of the Castle East Robinson Zone, beginning at a vertical depth of approximately 400 meters.
Note that mineral resources that are not mineral rese rves and do not have demonstrated economic
viability. Please refer to the Nord Precious Metals Press Release May 27, 2020, for the resource estimate.
Nord's integrated processing strategy leverages the synergistic value of multiple metals. High -grade
silver recovery supports the economics of extracting critical minerals including cobalt, nickel, and other
battery metals, while the Company's proprietary Re-2Ox hydrometallurgical process enables production
of technical-grade cobalt sulphate and nickel -manganese-cobalt (NMC) formulations. This multi -metal
approach, combined with established infrastructure including TTL Laboratories and underground mine
access, positions Nord to capitalize on both precious metals markets and the growing demand for battery
materials.
The Company maintains a strategic portfolio of battery metals properties in Northern Quebec through its
35% ownership in Coniagas Battery Metals Inc. (TSXV: COS) as well as the St. Denis-Sangster lithium
project comprising 260 square kilometers of prospective ground near Cochrane, Ontario.
More information is available at www.nordpreciousmetals.com.
"Frank J. Basa"
Frank J. Basa, P. Eng.
Chief Executive Officer
For further information, contact:
Frank J. Basa, P.Eng. Chief Executive Officer 416-625-2342
or:
Wayne Cheveldayoff, Corporate Communications P: 416-710-2410 E: [email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Caution Regarding Forward-Looking Statements
This news release may contain forward -looking statements which include, but are not limited to,
comments that involve future events and conditions, which are subject to various risks and uncertainties.
Except for statements of historical facts, comments th at address resource potential, upcoming work
programs, geological interpretations, receipt and security of mineral property titles, availability of funds,
and others are forward-looking. Forward-looking statements are not guarantees of future performance
and actual results may vary materially from those statements. General business conditions are factors
Page 4 of 4
that could cause actual results to vary materially from forward -looking statements. The Company does
not undertake to update any forward-looking information in this news release or other communications
unless required by law.