Nord Precious Metals

What Nord Precious Metals does

Nord Precious Metals Mining Inc. (TSXV: NTH, OTCQB: CCWOF, Frankfurt: QN3; formerly Canada Silver Cobalt Works Inc.) is a Canadian junior mining and mineral processing company focused on high-grade silver and critical minerals in Northern Ontario's historic Cobalt-Gowganda district. The company's flagship assets are the Castle East silver discovery — an inferred resource of 7.56 million ounces grading 8,582 g/t silver, among the world's highest-grade silver deposits — and the recently consolidated Gowganda Silver Camp, which adds approximately 3 million ounces of historical silver tailings from three of the five largest past-producing mines in the district (Miller Lake-O'Brien, Millerett, and Bonsall). Nord owns TTL Laboratories (Temiskaming Testing Labs) in Cobalt, Ontario, the only permitted high-grade milling facility in the historic Cobalt Camp, providing integrated crushing (20 t/hr), gravity concentration (24 tpd existing, plus a 600 tpd modular plant awaiting commissioning), analytical services (6,000 assays/month), and a bullion furnace with 1M+ oz/year silver doré capacity.\n\nThe company's proprietary Re-2Ox hydrometallurgical process, validated at pilot scale by SGS Lakefield, enables production of technical-grade cobalt sulphate and NMC formulations from complex silver-cobalt ores by eliminating arsenic barriers. Nord generates revenue through multiple streams: direct sale of silver and gold doré to refiners and commodity traders, gravity concentrate sales, custom toll processing of third-party feed from across the Cobalt-Gowganda camp, analytical services, and (pending Recovery Permit issuance) tailings reprocessing under Ontario's framework. The business model is vertically integrated exploration-to-production with a hub-and-spoke processing architecture anchored by TTL. Capital structure as of June 9, 2026 shows 137,659,089 shares issued and 202,886,374 fully diluted, with approximately $10M raised across multiple private placements in 2025-2026 to fund a 30,000-metre drill program, pilot testing, and working capital.\n\nThe customer base is undifferentiated commodity buyers and regional miners, with no named end customers disclosed. The company holds a 35-51% strategic stake in Coniagas Battery Metals Inc. (TSXV: COS) providing exposure to Northern Quebec critical minerals, plus 32 sq km of prospective lithium ground at the St. Denis-Sangster Project near Cochrane, Ontario. Nord is publicly traded on the TSX Venture Exchange and is led by CEO Frank J. Basa and CFO Heidi Gutte (appointed January 2026). The company was founded in 2005 and is headquartered in Cobalt, Ontario with a corporate office in Toronto.

Name

Nord Precious Metals

Legal name

Nord Precious Metals Mining Inc.

Website

https://nordpreciousmetals.com

Company type

Public

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Nord Precious Metals is a Canadian junior miner developing high-grade silver and critical minerals in Ontario's Cobalt-Gowganda district, operating the only permitted high-grade mill (TTL Laboratories) and exploring the 7.56M oz Castle East deposit targeting expansion to 30-100M oz.

Ownership category

akta.pro rank

Product category

Silver and Critical Minerals Mining

NAICS

Gold Ore and Silver Ore Mining (212220), Gold Ore and Silver Ore Mining (21222), Support Activities for Metal Mining (213114)

SIC

Gold And Silver Ores (1040), Metal Mining (1000), Primary Smelting & Refining Of Nonferrous Metals (3330), Secondary Smelting & Refining Of Nonferrous Metals (3341)

akta.pro primary industry

Silver Mining (IMAKAEAB)

akta.pro secondary industries

Cobalt Mining & Refining (IMAKAFAC), Precious Metals Ore Processing & Beneficiation (IMAKAEAD), Precious Metals Recycling & Urban Mining (E-waste, Catalysts, Jewelry Scrap) (IMAKAEAG), Exploration & Resource Development (Critical Minerals) (IMAKAFAL)

Keywords

• Silver mining
• Critical minerals processing
• Precious metals exploration
• Silver doré production
• Toll milling services

Headquarters

HQ city

Coquitlam

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Silver and Gold Doré Production: Producing refined silver and gold doré from high-grade silver ore at TTL facility. The bullion furnace has capacity for 1M+ oz silver annually.
2. Gravity Concentrate Sales: Sales of gravity concentrates from processing company and third-party feed materials.
3. Custom Toll Processing: Processing third-party feed materials through TTL facility for tolling fees. TTL processes regional feeds from across the Cobalt-Gowganda camp.
4. Analytical Services: 6,000 assay/month analytical services provided to third parties through TTL facility.
5. Tailings Reprocessing: Processing legacy tailings inventories through gravity concentration and hydrometallurgical recovery to produce silver and critical minerals (cobalt, nickel, copper). Recovery Permit pathway advancing under Ontario's framework.
6. Cobalt and Critical Minerals: Production and sale of battery-grade cobalt sulphate and other critical mineral products from silver-cobalt ore processing.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Nord Precious Metals is a publicly traded junior mining company that explores, develops, and processes high-grade silver and critical minerals in Northern Ontario's historic Cobalt-Gowganda district. The company operates an integrated value chain including high-grade silver exploration (Castle East and Gowganda properties), in-house mineral processing through TTL Laboratories (the only permitted high-grade milling facility in the Cobalt Camp), and production of silver and gold doré, gravity concentrates, battery-grade cobalt sulphate, and NMC formulations via its proprietary Re-2Ox hydrometallurgical process.

Product overview

Nord Precious Metals operates as an integrated silver and critical minerals company combining high-grade exploration with in-house processing infrastructure. The core portfolio centers on the Castle East Discovery (7.56M oz inferred resource at 8,582 g/t Ag) and the adjacent Castle-Gowganda Complex, integrated with the company's flagship asset: TTL Laboratories in Cobalt, Ontario—the only permitted high-grade milling facility in the historic Cobalt Camp. Processing capabilities include a 24 tonne/day gravity circuit and bullion furnace (1M+ oz/year silver doré capacity), supplemented by a 600 tpd modular gravity plant awaiting commissioning. The proprietary Re-2Ox hydrometallurgical process enables multi-metal recovery from complex silver-cobalt ores, producing technical-grade cobalt sulphate and NMC formulations. Recent consolidation of the Gowganda Silver Camp adds approximately 3 million historical silver ounces in tailings to the feed portfolio. Multiple revenue streams include silver doré, gravity concentrates, toll processing, analytical services, and tailings reprocessing.

Differentiator

Problem solved

Functional benefit

Products and services

• TTL Laboratories (Temiskaming Testing Labs) Processing Services The only permitted high-grade milling facility in the historic Cobalt Camp of Ontario. Provides custom toll processing, concentrate production, and analytical assay services for both company and third-party feed materials from across the Cobalt-Gowganda camp. Includes 20 tonne/hour crushing capacity, 24 tonne/day gravity circuits, bullion furnace with 1M+ oz silver doré capacity annually, and 6,000 assays/month analytical capacity. Configured for zero-discharge operation.
• Custom Toll Processing Services Custom processing of third-party feed materials through TTL Laboratories for mining companies in the Cobalt-Gowganda camp. Ministry guidance confirms toll processing arrangements are permitted under Recovery Permits. Processes regional feeds from across the Cobalt-Gowganda district on a fee-for-service basis.
• Analytical Assay Services Analytical laboratory services providing up to 6,000 assays per month to mining companies and explorers across the Cobalt-Gowganda region. Supports metallurgical testing programs and resource evaluation work for third-party clients.
• Silver and Gold Doré Production Refined silver and gold bullion produced at TTL Laboratories' bullion furnace with capacity exceeding 1 million ounces of silver annually. Sold directly to precious metals refiners and commodity traders. Previously demonstrated production capability with a 1,000-ounce silver bar poured from Cobalt Camp material.
• Gravity Concentrate Sales Sales of silver-bearing gravity concentrates produced from processing company and third-party feed materials through TTL's gravity concentration circuit. Sold to third-party buyers and refiners.
• Tailings Reprocessing Operations Processing of legacy tailings inventories through gravity concentration and hydrometallurgical recovery to produce silver and critical minerals (cobalt, nickel, copper). Targeting Gowganda Silver Camp tailings with historical resource of approximately 1.94 million tonnes at 47.5 g/t Ag for ~2.96M oz, plus legacy Cobalt Camp tailings.

Quantifiable outcome

• Record intercept of 89,853 g/t silver over 0.3m - among the world's richest silver drill intercepts
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

13 partnerships are on record, tiered minor and core.

• Red Chip CompaniesminorGTM or Marketing Partner · 4 June 2026Investor relations and digital media services including investor collateral preparation, CEO video production, Small Stocks Big Money TV/podcast interviews, outbound investor calls, webinars, and roadshow assistance in up to eight cities. Monthly fee of US$15,000 for six months.
• Emerging Growth Research LLCminorGTM or Marketing Partner · 4 June 2026Investor relations services including initiation report, up to eight flash reports disseminated by news release, and three 30-minute conferences with EmergingGrowth.com. Total fee of US$36,700 for 12 months.
• GeoVector Management Inc.coreImplementation/ SI/ Consulting Partner · 19 May 2026Engaged to complete updated NI 43-101 Mineral Resource Estimate and technical report for Gowganda Silver Tailings. GeoVector was the original author of the 2011 resource estimate, bringing original modeling data and two of three original Qualified Person authors.
• T Engineering Inc.coreImplementation/ SI/ Consulting Partner · 8 April 2026Retained to advance near-term silver recovery from tailings across the expanded Gowganda-Castle district. Services include multidisciplinary engineering support, geotechnical consulting, and pilot-scale testing at Sudbury laboratory.
• Battery Mineral Resources Corp. (BMR)coreStrategic or Co-development Partner · 31 March 2026Nord acquired four mining leases in the Gowganda Silver Camp from BMR for $1M cash, $1.25M in Nord shares, a 3% NSR royalty, and $3.75M in deferred consideration. The acquisition consolidated nearly 4 km of historic property boundaries and added three of five largest past-producing mines (Miller Lake-O'Brien, Millerett, Bonsall).
• Baystreet.ca Media Corp.minorGTM or Marketing Partner · 17 February 2026Investor awareness services including branding, SEO, digital media campaigns, weekly ticker tag articles, and sector-based analysis. Fee of $81,526 + GST for six months.
• Departures Capital Inc.minorGTM or Marketing Partner · 22 January 2026Investor relations services including strategic consulting, digital media production, and other communications services. Fee of $25,000 for one year.
• CanaCom Group (2686362 Ontario Corporation)minorGTM or Marketing Partner · 17 July 2025Investor relations services including company awareness program, monthly articles, and social media campaign through The Deep Dive website. Fee of $95,000 for one year.
• 1000903966 Ontario Inc.minorGTM or Marketing Partner · 28 April 2025Marketing and promotional services including social media engagement through X, Facebook, YouTube, and Reddit. Fee of $85,000 for nine months.
• Coniagas Battery Metals Inc.coreStrategic or Co-development PartnerNord maintains approximately 35-51% ownership in Coniagas Battery Metals Inc. (TSXV: COS), providing strategic portfolio of critical minerals properties in Northern Quebec.
• First Nations CommunitiescoreStrategic or Co-development PartnerLongstanding agreements with First Nations communities in the Cobalt-Gowganda district reflecting commitment to responsible development and local economic participation.
• Laurentia Exploration Inc.minorImplementation/ SI/ Consulting PartnerContracted for drilling campaign planning, supervision, core logging, and sampling for the 30,000-metre drill program.
• Ronacher McKenzie GeosciencecoreImplementation/ SI/ Consulting PartnerIndependent firm contracted to complete 3D geological and structural model using 75,000 metres of drill data. Identified 29 vein structures across Castle East property.

Scale indicators15 records

Recent moves7 records

Expansion highlights7 records

Market position

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/nordmetals
• YouTubeyoutube.com/@nordpreciousmetals
• Facebookfacebook.com/nordpreciousmetals
• LinkedInlinkedin.com/company/nord-precious-metals

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds8 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nord Precious Metals