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Nord Precious Metals' Test Work from Beaver Mine Tailings Produces Commercial High-Grade Silver Concentrate

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Nord Precious Metals (OTCQB: CCWOF) reported test work on Beaver Mine stamp mill tailings that produced a high-grade silver concentrate of 2,114.9 g/t using Falcon gravity technology (a 1,173% concentration factor), and 1,268.6 g/t via spiral concentration. A 2020 sonic drill program (354 m; 127 holes) returned an average tailings grade of 79.0 g/t Ag with cobalt, copper and nickel traces. Ontario Ministry guidance dated August 29 confirms toll-processing can be included in the company's Recovery Permit application for a district-scale hub-and-spoke plan. Nord engaged Story Environmental for permitting, maintains agreements with three First Nations, and plans to commission a 600 tpd modular gravity plant upon permit receipt with initial processing targeted in 2026.

Nord Precious Metals (OTCQB: CCWOF) ha riportato lavori di test sulla Beaver Mine e sui suoi fanghi di mulino a timbro che hanno prodotto una concentrazione di argento ad alto grado di 2.114,9 g/t utilizzando la tecnologia Falcon gravity (un fattore di concentrazione di 1.173%), e 1.268,6 g/t tramite concentrazione a spirale. Un programma di trivellazioni soniche del 2020 (354 m; 127 fori) ha restituito una resa media dei tailings di 79,0 g/t Ag con tracce di cobalto, rame e nichel. Le linee guida del Dipartimento dell’Ontario datate 29 agosto confermano che la lavorazione a contratto (toll-processing) può essere inclusa nella domanda di Permesso di Recupero della società per un piano distrettuale hub-and-spoke. Nord ha incaricato Story Environmental per le autorizzazioni, mantiene accordi con tre First Nations, e prevede di mettere in funzione un impianto modulare di gravità da 600 tpd non appena verrà rilasciato il permesso, con l’elaborazione iniziale prevista nel 2026.

Nord Precious Metals (OTCQB: CCWOF) reportó trabajos de prueba en los relaves de Beaver Mine que produjeron una concentración de plata de alto grado de 2,114.9 g/t utilizando la tecnología Falcon gravity (un factor de concentración de 1,173%) y 1,268.6 g/t mediante concentración espiral. Un programa de perforación sónica de 2020 (354 m; 127 barrenos) arrojó una calidad media de relaves de 79.0 g/t de Ag con trazas de cobalto, cobre y níquel. Las directrices del Ministerio de Ontario con fecha 29 de agosto confirman que el procesamiento por peaje puede incluirse en la solicitud de Permiso de Recuperación de la empresa para un plan de centro-distrito de tipo hub-and-spoke. Nord contrató a Story Environmental para permisos, mantiene acuerdos con tres First Nations, y planea poner en marcha una planta modular de gravimetría de 600 tpd una vez que se obtenga el permiso, con el procesamiento inicial previsto para 2026.

Nord Precious Metals (OTCQB: CCWOF)가 Beaver Mine의 광석 회수 잔류물에 대한 시험 작업을 보고했고, Falcon gravity 기술을 이용한 고등급 은 집중으로 2,114.9 g/t를 얻었으며 1,173% 집중 계수를 기록했습니다. 또한 나선 분리를 통해 1,268.6 g/t를 얻었습니다. 2020년 소닉 드릴 프로그램(354 m; 127구멍)은 은 초 과도체를 동반한 평균 회수 잔류물 품질 79.0 g/t Ag를 보고했습니다. 온타리오 주의 8월 29일 날짜의 지침은 도가 있는 톨 프로세싱(toll-processing)가 구역 규모의 허브 앤 스포크(hub-and-spoke) 계획에 대한 회사의 회수 허가 신청에 포함될 수 있음을 확인합니다. Nord는 허가를 위해 Story Environmental을 고용하고, 세 곳의 북미 원주민 공동체과의 협정을 유지하며, 허가를 받는 즉시 600 tpd 모듈형 중력식 공장을 가동하고 초기 가공은 2026년을 목표로 합니다.

Nord Precious Metals (OTCQB: CCWOF) a présenté des travaux d’essai sur les rejets du Beaver Mine qui ont produit une concentration d’argent de haute teneur de 2 114,9 g/t en utilisant la technologie Falcon gravity (un facteur de concentration de 1 173%) et 1 268,6 g/t via concentration spiralée. Un programme de forage sonic de 2020 (354 m; 127 trous) a donné une concentration moyenne des rejets de 79,0 g/t Ag avec des traces de cobalt, de cuivre et de nickel. Les directives du ministère de l’Ontario datées du 29 août confirment que le traitement à forfait peut être inclus dans la demande de permis de récupération de la société pour un plan vertical hub-and-spoke à l’échelle du district. Nord a engagé Story Environmental pour les permis, a des accords avec trois Premières Nations, et prévoit de mettre en service une installation modulaire gravitaire de 600 tpd dès réception du permis, avec une première mise en service visée en 2026.

Nord Precious Metals (OTCQB: CCWOF) berichtete über Testarbeiten auf Beaver Mine Tailings, die eine hochgradige Silberkonzentrat von 2.114,9 g/t unter Nutzung der Falcon Gravity-Technologie (ein Konzentrationsfaktor von 1.173%) und 1.268,6 g/t durch Spiral-Konzentrierung ergaben. Ein 2020er Sonic-Drill-Programm (354 m; 127 Bohrungen) lieferte eine Durchschnittsqualität der Tailings von 79,0 g/t Ag mit Spuren von Kobalt, Kupfer und Nickel. Die Leitlinien des Ontario-Ministeriums vom 29. August bestätigen, dass Toll-Processing in den Antrag der Gesellschaft auf eine Recovery Permit für einen district-scale Hub-and-Spoke-Plan aufgenommen werden kann. Nord beauftragte Story Environmental mit den Genehmigungen, hat Vereinbarungen mit drei First Nations, und plant, nach Erhalt der Genehmigung eine modulare Gravitätsanlage mit 600 tpd zu commissioning, wobei die anfängliche Verarbeitung für 2026 anvisiert ist.

Nord Precious Metals (OTCQB: CCWOF) أبلغت عن أعمال اختبارات على مخلفات منجم Beaver Mine التي أنتجت تركيز فضة عالي الدرجة يبلغ 2,114.9 ج/ط باستخدام تكنولوجيا Falcon gravity (عامل تركيز 1,173%)، و1,268.6 ج/ط عبر تركيز الحلزون. برنامج حفر صوتي في 2020 (354 م؛ 127 حَفرًا) أرجع متوسط درجة المخلفات 79.0 ج/ط من الفضة مع آثار من الكوبالت والنحاس والنيكل. توجيهات وزارة أونتاريو المؤرخة 29 أغسطس تؤكد أن المعالجة بالعمولة يمكن إدراجها في طلب شركة Recovery Permit لخطة مركزية توزيع حجرية على نطاق المقاطعة. قامت Nord بتعيين Story Environmental للحصول على التصاريح، وتحافظ على اتفاقيات مع ثلاثة First Nations، وتخطط لتشغيل محطة gravité modular 600 طن يوميا عند استلام التصريح مع استهداف المعالجة الأولية في 2026.

Nord Precious Metals (OTCQB: CCWOF) 报告了 Beaver Mine 尾矿的测试工作,使用 Falcon gravity 技术获得了 高品位银精矿,品位为 2,114.9 g/t,并且 浓缩系数为 1,173%,通过螺旋分离获得 1,268.6 g/t。2020 年的声波钻探计划(354 米;127 个钻孔)显示尾矿的 平均品位为 79.0 g/t Ag,并含有钴、铜和镍的痕量。安大略省政府于 8 月 29 日 的指南确认,托加工(toll-processing)可以包括在公司为区域级中心—辐射式 hub-and-spoke 计划的 Recovery Permit 申请中。Nord 指定 Story Environmental 处理许可事宜,并与 三支原住民部落保持协议,计划在获得许可后建立一套 600 吨/日的模块化重力选矿厂,初步加工计划在 2026 年实施。

Positive
  • High-grade concentrate: 2,114.9 g/t Ag via Falcon gravity
  • Large concentration factor: 1,173% (Falcon) on Beaver tailings
  • Sonic drill data: 354 m across 127 holes, average 79.0 g/t Ag
  • Regulatory support: Ontario Ministry written guidance on Aug 29 allowing toll processing
  • Planned capacity: 600 tonne-per-day automated modular gravity plant
Negative
  • Processing and commissioning contingent on obtaining a Recovery Permit
  • Water management noted as a regulatory scrutiny point that may affect permitting

The Company retains Environmental consultants for its Beaver Mine site leading up to Recovery Permit Application

Coquitlam, British Columbia--(Newsfile Corp. - October 6, 2025) - Nord Precious Metals Mining Inc. (TSXV: NTH) (OTCQB: CCWOF) (FSE: 4T9B) (the "Company" or "Nord") has completed additional testing demonstrating commercial high-grade concentration to 2,114.9 grams per tonne using Falcon concentration technology, representing a 1,173% concentration factor of Beaver Mine stamp mill tailings.

"These results validate both our technical approach and our district strategy," stated Frank J. Basa, P.Eng., President & CEO. "Material already mined sits at surface. The metallurgy is proven. The regulatory pathway is clear. The Ministry's guidance on toll processing confirms what we've designed: a hub-and-spoke model that works at the regulatory level."

Two distinct concentration methods were tested on Beaver tailings samples. Material with head assays of 180.3 g/t and 205.8 g/t silver concentrated to 1,268.6 g/t using spiral technology (representing 616-703% concentration) and 2,114.9 g/t using falcon concentration (1,028-1,173% concentration). Further processing using conventional gravity tables is expected to increase concentration ratios beyond these preliminary results.

The test work builds on a 354-meter of sonic drill program in 2020 that evaluated tailings across 127 drill holes, with grades ranging from 13.7 g/t to 314 g/t silver and an average grade of 79.0 g/t Ag, along with 165.8 ppm cobalt, 341.9 ppm copper, and 114.1 ppm nickel. The coarse grain size of these stamp mill tailings, which may contain fine native silver, makes them amenable to gravity concentration; this is a simpler, lower-cost processing method than flotation or leaching.

At 2,114.9 g/t silver in concentrate, the results place Beaver tailings within specifications acceptable to silver refineries. The difference in concentration factors between spiral (703%) and falcon (1,173%) technology suggests significant fine native silver in the tailings: particles small enough that historical stamp mills couldn't capture but are recoverable through modern gravity circuits.

District-Scale Processing Framework

The Company has received formal guidance from Ontario's Ministry of Energy and Mines confirming that toll processing arrangements (whereby Nord would process tailings from adjacent properties) can be included in its forthcoming Recovery Permit application. The Ministry's written response received August 29, confirms this positioning for the Company's Temiskaming Testing Labs facility as a potential processing hub for the Cobalt-Gowganda Camp's legacy tailings, a district where 108 underground mines historically produced 600 million ounces of silver.

Nord has engaged Story Environmental, based in Haileybury, Ontario, to advise on permitting steps toward processing under Ontario's Recovery Permit framework as part of the Company's ongoing voluntary environmental remediation at the Beaver Mine site. The Company has maintained agreements with three First Nations groups for years, ensuring social license and community support. The testing program incorporated closed-loop water recycling protocols, anticipating permit conditions in a jurisdiction where water management drives regulatory scrutiny.

Commissioning of the Company's already-acquired automated 600 tonne-per-day modular gravity plant is scheduled upon permit receipt. Initial processing is targeted to begin in 2026.

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.

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 operations. 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 reserves 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: waynecheveldayoff@gmail.com

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 that 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 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269258

FAQ

What silver concentrate grade did Nord Precious Metals report for CCWOF from Beaver tailings?

Nord reported a Falcon gravity concentrate grade of 2,114.9 g/t Ag for CCWOF Beaver tailings.

How large was the concentration factor achieved in Nord's Beaver tailings tests for CCWOF?

The Falcon test produced a 1,173% concentration factor; spiral tests produced up to 703%.

When does Nord expect to begin processing Beaver tailings under CCWOF?

Initial processing is targeted to begin in 2026, with commissioning scheduled upon Recovery Permit receipt.

What did Ontario's Ministry tell Nord about toll processing for CCWOF's Recovery Permit?

The Ministry's written guidance dated August 29 confirmed toll-processing arrangements can be included in the Recovery Permit application.

What is the planned processing capacity for Nord's CCWOF modular plant?

The company plans an automated modular gravity plant with 600 tonne-per-day capacity.

Do Nord's Beaver tailings test results meet silver refinery specifications for CCWOF?

At 2,114.9 g/t Ag in concentrate, the results are reported as within specifications acceptable to silver refineries.

Has Nord taken steps on permitting and community support for CCWOF Beaver processing?

Yes; Nord engaged Story Environmental for permitting and maintains agreements with three First Nations to support remediation and processing plans.
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