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Nord Precious Metals Secures Original Technical Team to Update Historic Silver Tailings Resource at Gowganda
GeoVector Management Inc., author of the 2011 NI 43-101 resource estimate, retained with two of three original Qualified Person authors and all original
About this update from Nord Precious Metals Mining Inc.
[{"type":"text","content":"GeoVector Management Inc., author of the 2011 NI 43-101 resource estimate, retained with two of three original Qualified Person authors and all original modelling data; cumulative drill database exceeds 860 holes across the consolidated Castle-Gowganda land packageCobalt, Ontario--(Newsfile Corp. - May 19, 2026) - Nord Precious Metals Mining Inc. (TSXV: NTH) (OTCQB: CCWOF) (FSE: QN3) (\"Nord\" or the \"Company\") has retained GeoVector Management Inc. (\"GeoVector\") of Ottawa, Ontario to complete an updated Mineral Resource Estimate (\"MRE\") and supporting NI 43-101 Technical Report for the Gowganda Silver Tailings, concurrent with confirmatory metallurgical testwork now underway on tailings samples collected from the deposit. The engagement follows the Company's strategic acquisition of adjacent leases and its recent review of the historic Kilborn feasibility study confirming the production economics of the district's tailings deposits.\"They built the original model. They retain the data and two of the three original authors. There is no substitute for that kind of institutional continuity,\" stated Frank J. Basa, P.Eng., President and CEO. \"The Kilborn study confirmed the metallurgy. The 2011 GeoVector report confirmed the resource. Now the same team that built the original block model will update it with 15 years of additional data across a consolidated land package that did not exist when they last worked the property. This district produced over 60 million ounces of silver and was shut down because the price did not justify continued operations. What has changed is the economics.\"Historical Resource ContextThe historical Mineral Resource Estimate for the Gowganda tailings was prepared by Joe Campbell, P.Geo., Alan Sexton, P.Geo., M.Sc., and Allan Armitage, Ph.D., P.Geo. of GeoVector Management Inc. and is documented in a technical report titled Technical Report on the Gowganda Silver Project Including a Resource Estimate of the Surface Tailings Deposit, Gowganda, Ontario, Canada, dated July 8, 2011, prepared for Temex Resources Corp. in accordance with NI 43-101. The report is available on SEDAR+.The 2011 estimate established a historical Indicated Mineral Resource of approximately 1,940,000 tonnes grading 47.5 g/t silver for approximately 2,960,000 contained ounces of silver at a 10 g/t silver cut-off grade. The ...