Below that, a news release issued Dec. 1 about a new financing being conducted by Nord (tax advantaged for Canadian investors). If interested, please be in touch.

And below that, the recent news release on drill plans at the major Castle East silver discovery aimed at expanding resource estimates and paving the way for mining of the area.

Deep Dive Video on Nord’s Castle Project with Highest Silver Grades in the World 

Steve Hyland of Deep Dive visited the Castle Mine and TTL high-grade mill owned and operated by Nord Precious Metals Mining Inc.(TSXV: NTH; OTCQB: CCWOF; Frankfurt: QN3)  in Canada’s historic Silver-Cobalt district in Northern Ontario, Canada, known as the Cobalt Camp named after the town of Cobalt.

Video includes his interview with CEO Frank Basa, P.Eng., who worked in the Camp in the 1980s as Agnico’s metallurgist and accumulated two of the highest-grade past-producing mines for next to nothing in 2011.

The current Nord market cap is still below what it would cost to replace its TTL milling facility let alone purchase and do the exploration Nord has done at the properties to date.

Link to Video:
https://youtu.be/Qe5DekbNFW0?si=JXGWmRHP8q4eZ9ql

Below is a recent news release on the drill program Nord has planned for Castle East where it discovered exceptionally high-grade (89,000 g/t or 2600 oz/ton) silver vein structures and where a team of geoscientists have told Nord there are 29 high-grade drill targets waiting to be drilled.

Drilling at Castle East to expand resources is one part of Nord’s immediate plan. The other part is to submit an application to open-pit mine the tailings (waste from past milling) at Castle and Beaver mines which have shown in tests to be still rich with silver and other metals like cobalt and nickel which in the early 1900s miners had missed in their old-style processing efforts.  lf Nord successfully obtains the permit this winter, the tailings recovery and milling at TTL could start as early as the summer of 2026.

Please let us know any questions or concerns. And if you want a Zoom call soon to go over the details of the work program and the potential of what Nord can produce at Castle in the coming years.

Best regards,
Wayne

Wayne Cheveldayoff
Corporate Communications
Nord Precious Metals Mining Inc. (TSXV: NTH; OTCQB: CCWOF; Frankfurt: QN3)
Coniagas Battery Metals Inc. (TSXV: COS, OTC Pink CNBMF)
Granada Gold Mine Inc. (TSXV: GGM; OTC: GBBFF; Frankfurt: B6DA)
[email protected]
mobile 416-710-2410
https://www.nordpreciousmetals.com/
https://granadagoldmine.com/
https://coniagas.com/

Nord Precious Metals Announces FT Unit Private Placement

December 1, 2025 – Nord Precious Metals Mining Inc. (TSX.V: NTH) (OTCQB: CCWOF) (FRANKFURT: QN3) (the “Company” or “Nord”) is pleased to announce a non-brokered private placement financing of 16,000,000 flow-through units (“FT Units”) at a price of $0.25 per FT Unit raising gross proceeds of $4,000,000.

Each FT Unit is comprised of one common share of the Company and one-half share purchase warrant. Each whole warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of $0.28 per share, subject to acceleration, for a period of two years from closing, subject to TSX Venture Exchange (the “TSXV”) approval.

The acceleration clause of the Warrants will provide that, if, over a period of ten (10) consecutive trading days between the date of issuance and the expiry of the Warrants, the daily volume weighted average trading price of the common shares of the Company on the TSXV (or such other stock exchange where the majority of the trading volume occurs) exceeds $0.36 for each of those ten (10) consecutive days, the Company may, at any time after such an occurrence, give written notice (via news release) to the holders of the Warrants that the Warrants will expire at 4:00 p.m. (Vancouver time) on the 30th day following the giving of notice (the “Accelerated Exercise Period“) unless exercised by the holders prior to such date. Upon receipt of such notice, the holders of the Warrants will have 30 days to exercise their Warrants. Any Warrants which remain unexercised at 4:00 p.m. (Vancouver time) on the 30th day following the giving of such notice will expire at that time.  All securities issued pursuant to the Private Placement will be subject to a statutory hold period of four months and one day following the closing date of the Private placement in accordance with applicable Canadian securities laws and the policies of the Exchange.

In connection with the Offering, the Company has entered into a Finder’s Fee Agreement with Research Capital Corporation (the “Finder”), pursuant to which the Company has agreed to pay the Finder a cash commission equal to 8.0% of the gross proceeds raised under the Offering and to issue to the Finder such number of non-transferrable Common Share purchase warrants (the “Finder Warrants”) as equals 8.0% of the number of FT Units sold under the Offering..

The Company also announces that it has entered into an agreement with the Finder dated November 25, 2025 pursuant to which the Finder has agreed to provide financial advisory services to the Company (the “Advisory Agreement”).  The Advisory Agreement has a term of 60 days and in consideration of the services rendered, the Company has agreed to pay the Finder a cash fee of $25,000 (plus applicable taxes) and, subject to Exchange approval, to issue the Finder an aggregate of 100,000 Common Shares (the “Advisory Shares”). The Advisory Shares shall be subject to a hold period expiring four months and a day from the date of issuance.

The Company will use the gross proceeds from the issuance of FT Shares to incur “Canadian exploration expenses” and qualify as “flow-through critical mineral mining expenditures”, as such terms are defined in the Income Tax Act (Canada).

Completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the TSXV.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements thereunder.

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 32 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: [email protected]

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.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

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.

Nord Precious Metals Outlines Plans for Phase-1 Drill Program at its Castle East High-grade Silver Property

Targeting 29 newly modeled veins

Past news releases are available at https://www.nordpreciousmetals.com/news/category/2025

November 3, 2025 – Nord Precious Metals Mining Inc. (TSX-V: NTH | OTCQB: CCWOF | FRANKFURT: QN3) (“Nord” or the “Company”) is finalizing plans to start the initial 3,600-metre phase of its 30,000-metre drill program this fall.

This first phase will be used to follow up on the newly modelled data which identified a potential 29 veins.  The first three holes will be testing potential silver veins and vein extensions above and below the Nipissing Diabase as well as silver veins near the upper and lower contacts between the diabase and the Archean volcanic lithologies.

In the vertical cross section below, two of the proposed holes are shown (bold black lines).  The initial drilling will be targeting a total of 7 modelled veins at different depths.  While historically, the majority of silver production came from veins within the Nipissing Diabase near the upper contact, the data derived from the first 60,000-metres drilling program between 2019 and 2022 identified significant silver intercepts within the diabase as well as both above and below the diabase within the Archean volcanic lithologies.

“Recent compilation of structural and drill data has identified twenty-nine silver veins, broadening targets for high-grade intercepts across the property,” stated Frank J. Basa, P.Eng., CEO of Nord Precious Metals.

Due to the thickness of the diabase, historical production from the lower contact area, along with exploration undertaken at the time, was limited to those areas to the west of the Castle East leases, where the upper contact had been eroded leaving the lower contact closer to surface.  In the Castle East area, 2 km east of the past-producing Castle Mine, the lower contact can be down to a vertical depth of 600 metres, deeper than most historical drilling reached, leaving the lower contact of the diabase vastly under-explored.  With current diamond drilling technology significantly more advanced than when most of the historic exploration drilling was done in the area, the lower contact is now more accessible using more accurate directional drilling and wedge hole drilling followed by downhole geophysics.

Following completion of the first phase, the Company is planning additional drilling with each successive phase based on all previous results, in line with the 30,000-meter drill program strategy outlined in an earlier news release.

Drill for Structure, Mine for Grade

Veins in the Cobalt and Gowganda Camps are known to host very high-grade silver in high-grade ore shoots within individual veins and networks of veins.  Historically, the most efficient method to explore was to sink a shaft to reach a known mineralized vein.  While mining high-grade mineralization on that vein, exploration would continue by further drifting along the vein while simultaneously setting up multiple drill stations underground allowing better access and shorter drill holes.  The Company has discovered numerous, high-grade intercepts within a relatively small area worthy of this method.  Given the nature of these veins to form a network of vein systems, developing a ramp to any one of these intercepts would open up prospects of finding new silver veins with the potential of associated cobalt and other critical metals mineralization as is evidenced from historical workings in the Camp.

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 32 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: [email protected]

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.