Nord Precious Metals mobilizes at Castle Silver Mine, targets 2026 Silver production

Nord Precious Metals CEO Frank Basa joined Steve Darling from Proactive to announce that site mobilization is now underway at the company’s historic Castle Silver Mine tailings complex in northern Ontario. This marks the launch of Phase 1 of a staged plan aimed at initiating seasonal silver-dominant production by 2026, with additional recovery of cobalt, nickel, and other critical metals. Crews have been dispatched to the 63 km² property, where earth-moving equipment has begun work on pad preparation and road upgrades in key areas. The immediate focus is on Miller Creek tailings pad and the Castle West coarse-tailings pile, both located within 400 meters of the site’s historic headframe. The groundwork will support the future installation of a modular gravity processing circuit designed to extract silver, cobalt, copper, and nickel from legacy tailings with a low environmental footprint. Basa revealed that the company has received encouraging regulatory support from the Ontario Ministry of Mines, which has formally invited Nord Precious Metals to submit its 80-day Recovery Permit application—a process that is expected to fast-track permitting and accelerate the company’s timeline toward production. Initial drill and metallurgical test results have confirmed the presence of payable silver, with cobalt, copper, and nickel credits adding meaningful value to the operation. Importantly, the company is prioritizing low-carbon engineering, with gravity modules that arrive pre-assembled in ISO containers and are set on crushed-rock pads, eliminating the need for concrete or rebar. This eco-friendly, modular design allows for full removal and site reclamation post-processing, in line with ESG-focused mining principles. In a parallel announcement, Nord Precious Metals also disclosed that it has secured $200,000 in funding from the Mining Innovation Commercialization Accelerator (MICA) Network to advance its proprietary Re-2Ox extraction technology. The funding will help elevate Re-2Ox from Technology Readiness Level (TRL) 6 to TRL 7, a key step toward commercial deployment and licensing opportunities. The Re-2Ox process is designed to cleanly recover critical and battery metals from complex ore bodies and tailings, aligning with both environmental and economic goals. With groundwork underway, government support for expedited permitting, and innovative processing tech nearing commercialization, Nord Precious Metals is positioning itself as a leader in low-impact silver and critical mineral recovery from legacy mining assets. #proactiveinvestors #nordpreciousmetals #tsxv #otcqb #ccwof #SilverMining #CobaltCamp #HighGradeSilver #MiningInvesting #SilverPrices #TailingsReprocessing #Re2OxProcess #CriticalMetals #ResourceExpansion