Nord Precious Metals Mining closed the acquisition of four mining leases in Ontario's Gowganda Silver Camp, unifying nearly 4 kilometres of historic claim boundaries under a single title. This consolidation brings three of the five largest past-producing mines—Miller Lake-O’Brien, Castle, and Millerett—within the company’s flagship Castle property.

The Miller Lake-O’Brien mine produced approximately 42 million ounces of silver between 1910 and 1972, while Castle Mine yielded 9.9 million ounces. A historical NI 43-101 indicated tailings resource on the acquired leases totals 1.94 million tonnes grading 47.5 g/t Ag (2.96 million contained ounces), with assays up to 62.6 g/t in core-area programs.

Nord holds a permitted 600-tonne-per-day modular gravity plant and access to the only high-grade milling facility in the Cobalt Camp. Existing permits allow boundary drilling, and new applications are under way to enable drilling across the entire consolidated land package, leveraging modern 3D geological models to target previously inaccessible zones.

On April 15, the company completed a non-brokered private placement of 11,666,667 units at $0.15 each, raising $1.75 million for exploration at Castle East and general working capital. Drilling programs will immediately feed into engineering studies with T Engineering Inc. to advance both underground and tailings recovery toward production.