New Article: Nord Precious Metals (TSX:NTH) Poised to Shine as Silver Surges Above US $40

Nord Precious Metals is advancing its Castle East project on two critical fronts just as the silver market enters a powerful rally. The company’s upcoming fall drill program and its progress on the Re-2Ox pilot plant both stand to benefit from a booming precious metals environment.

A recent geological review has fundamentally reshaped Nord’s approach to Castle East by identifying 29 distinct veins in a cohesive three-dimensional vein network. This represents a major reinterpretation from earlier models showing just a handful of veins. The new vein system extends over 2 km from the last operating silver mine in Ontario’s Cobalt Camp. The company has compiled more than 75,000 m of historic data including drill logs, geophysical surveys, and structural measurements to underpin future targeting. With this enhanced model as its guide, Nord has scheduled a fall drilling campaign aimed at validating these high-priority targets and advancing toward an updated resource estimate.

Simultaneously, Nord is making technological strides with its proprietary Re-2Ox hydrometallurgical process. Through bench-scale testing with SGS Canada, the company aims to transform laboratory findings into a viable commercial deployment. In Phase 1 of the programme, Nord will define operating parameters for processing hard-rock concentrates including those with high deleterious metal content that conventional smelters often reject. Phase 2 will include pre-pilot continuous testing and reagent recycling trials. This work supports field-deployable modular unit designs that could reach Technology Readiness Level 7. The initiative is partially funded by a C$200,000 grant and has significant downstream potential for cobalt and other battery-grade products.

These developments are particularly timely given current macroeconomic trends. Silver has recently broken through US $40 per ounce, a threshold not seen since 2011. This rally is shifting investor sentiment bullishly toward precious metals, including silver.

Nord is uniquely well positioned to capitalize on these trends. Its Castle East drilling program gains urgency and value in a rising price environment. High grades mean each ounce yields significantly more return, and its permitted processing infrastructure provides a concrete near-term pathway to value capture. Meanwhile, the Re-2Ox development addresses growing demand for processing solutions that can handle complex concentrates and support battery metal supply chains. As silver and critical metals rally, the ability to deliver saleable products using innovative, flexible technology enhances Nord’s commercial appeal.

In conclusion, Nord Precious Metals stands at the intersection of exploration success and technological innovation during one of the strongest silver markets in over a decade. The combination of a robust drilling campaign and the advancement of its Re-2Ox process gives the company multiple avenues to create shareholder value. With silver trading above US $40 per ounce and investor appetite for precious metals growing, Nord has the potential to transition from discovery and development to becoming a key contributor in the next phase of the silver bull market.

The article refers to the game-changing report by independent geoscientists which identified many more vein systems (29) at Castle East than the 10 Nord had known about. See recent Aug. 26, 2025 news release below which described the findings and the numerous new drill targets identified by the group.

Nord stock price has responded to the finding and the rising silver price, although Nord is still trading at a market cap well below many other silver juniors which are not as advanced as Nord with a major resource update underway and having already a fully permitted high-grade mill.

https://www.nordpreciousmetals.com/