Nord Reports Updated Gowganda Tailings Indicated Mineral Resource of 2.814 Million Ounces of Silver at 47.4 g/t
1.845 million tonnes of historical tailings at surface provide a resource base for Nord's silver-recovery and permitting program
Cobalt, Ontario – September 15, 2026 – TheNewswire – Nord Precious Metals Mining Inc. (TSXV: NTH, OTCQB: NPMMF, FSE: QN3) ("Nord" or the "Company") reports an updated Mineral Resource Estimate ("MRE") for its Gowganda Silver Tailings Project in Ontario, prepared by GeoVector Management Inc. ("GeoVector"). The estimate comprises an Indicated Mineral Resource of 1,845,000 tonnes grading 47.4 grams per tonne ("g/t") silver, containing 2,814,000 ounces of silver, at a 10 g/t silver cut-off grade. The effective date is August 1, 2026.
"The updated resource gives us a defined silver inventory and a firm technical foundation for the work supporting our recovery-permit application," said Frank J. Basa, P.Eng., Chief Executive Officer of Nord. "Our objective is silver production at Gowganda, and we are pressing the engineering, metallurgy and permitting work forward. The land package we have assembled in the Gowganda camp brings historic mines and the Castle East discovery together, with TTL's silver-processing capability in Cobalt supporting our wider ambitions. We intend to put the value in these historical tailings back to work: improve the site, build a recovery business and use the cash flow it could generate to pursue the next discoveries across our ground."
The updated estimate anchors the next phase of work: selecting a recovery process, developing the engineering design and establishing project economics alongside permitting. These steps are intended to advance Gowganda toward a development decision, starting with material already at surface.
Updated mineral resource
The estimate covers the Main Tailings, South Tailings and two outflow domains. GeoVector integrated histor
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