Nord Precious Metals Mining Inc. (TSXV: NTH) has announced the filing of a NI 43-101 technical report for its Gowganda Silver Tailings Project in Ontario, incorporating an updated 2026 Mineral Resource Estimate. The report, dated October 13, 2026, and effective as of August 1, 2026, was prepared by independent Qualified Person Duncan Studd of GeoVector Management Inc. The Gowganda project sits on a property with a storied history, having produced approximately 42 million ounces of silver between 1910 and 1972 from the Miller Lake – O'Brien Mine workings. Investors may be watching how this updated resource estimate supports the company's broader silver-recovery strategy in Ontario's historic Cobalt-Gowganda mining camp.

Key Points

  • Nord Precious Metals Mining Inc. (TSXV: NTH, OTCQB: NPMMF, FSE: QN3)
  • The company made publicly available a NI 43-101 technical report for its 100%-owned Gowganda Silver Tailings Deposit, Castle Silver Property, Ontario
  • Report dated October 13, 2026; effective August 1, 2026; the updated 2026 Mineral Resource Estimate was first disclosed in a Nord news release dated September 15, 2026
  • Investors may watch for progress on permitting, financing, and silver-recovery operations at Gowganda

Gowganda Silver Tailings Deposit and Its Historic Production Context

The Gowganda Silver Tailings Deposit is situated on a property where the Miller Lake – O'Brien Mine workings produced approximately 42 million ounces of silver between 1910 and 1972, according to the announcement. Nord holds a 100% interest in the deposit, located within its combined 63 square kilometre Castle-Gowganda property. The company's release states the property also hosts the past-producing Siscoe-O'Brien, Castle, and Millerett silver mines, as well as the Castle East discovery, underscoring the area's significance within Ontario's historic Cobalt-Gowganda mining camp.

NI 43-101 Report Preparation and Qualified Person Oversight

The technical report was prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects by Duncan Studd, M.Sc., P.Geo., of GeoVector Management Inc., acting as an independent Qualified Person as defined under NI 43-101. The same Qualified Person reviewed and approved the accompanying news release. The updated 2026 Mineral Resource Estimate contained in the report was initially disclosed in a Nord news release dated September 15, 2026, with the full technical report now made available on the company's website at nordpreciousmetals.com.

TTL Laboratories and Nord's Regional Silver-Recovery Strategy

Nord's silver-recovery strategy is anchored by its wholly owned TTL Laboratories in Cobalt — described by the company as the only permitted high-grade milling facility in Ontario's historic Cobalt Camp. The release states TTL combines assay and bulk-sampling services with silver processing infrastructure and silver doré pouring capability. The company's immediate priorities include advancing the technical, engineering, financing, and permitting components necessary for silver recovery at Gowganda, with the stated objective of generating cash flow to support further exploration across its property portfolio.