Newsfile Corp
13 Jul 2026, 11:31 UTC · 2h ago
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Nord Precious Metals is consolidating gold results to create a ranked set of exploration targets across the Castle-Gowganda district. — Moving from disparate data to a structured exploration strategy increases the probability of discovering a viable gold deposit.
+0.40The company has identified gold-bearing quartz veins and high-grade intercepts, including 24.95 g/t gold over 0.3 meters and 4.3 g/t gold over 4.0 meters. — Direct evidence of high-grade mineralization supports the thesis that the property contains a distinct gold system.
+0.30The company is integrating gold exploration into its current 30,000-metre drilling program without diverting from its primary silver objectives. — Adding gold upside to existing silver operations provides 'free' optionality for shareholders without sacrificing the core project.
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The silver tailings recovery program remains the company's primary near-term priority. — This clarifies that the gold exploration is a secondary, parallel objective and not the immediate driver of cash flow.
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The company is reporting positive gold results and defining exploration targets to increase district optionality.
Mentioned only as a reference for regional geological context regarding the Côté Gold mine.
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