Nord Precious Metals Receives Guidance for Toll Processing, Eyes Regional Hub Status

September 10, 2025 — Leads & Copy — Nord Precious Metals Mining Inc. has received guidance from the Ontario Ministry of Energy and Mines, outlining an expedited pathway for its Recovery Permit application, including provisions for processing material from neighboring silver properties. This development positions Nord as a potential district-scale processor in North America's strategic critical minerals jurisdiction.

The Ministry's response confirms that toll processing arrangements can be included in the Company's application, positioning the Company's Temiskaming Testing Labs (TTL) facility as the natural processing hub for the Cobalt-Gowganda Camp's legacy tailings.

Frank J. Basa, P.Eng., President & CEO, stated that the Ministry's guidance on toll processing validates their hub-and-spoke model at the regulatory level.

The Ministry has invited Nord to submit draft applications for preliminary review, a streamlined process offered to select applicants. The formal submission process will notably not require a closure plan.

The Recovery Permit application will encompass processing of Nord’s Castle and Beaver Mine legacy tailings, recovery of broken mineralized material from Castle’s Level 1 stopes, and toll processing arrangements for tailings from adjacent properties.

Nord is positioned to become a "Waste-to-Market" operator, aggregating and processing scattered resources. The Company's proven metallurgical process can be applied across diverse feed sources without significant modification.

Nord has maintained agreements with three First Nations groups, ensuring social license and community support.

Near-term execution includes formal permit submission to the Ministry in Q4 2025, commissioning of the 600 tonne-per-day gravity plant upon permit receipt, and an initial processing target to begin in 2026.

The technical information in this news release was approved and prepared under the supervision of Mr. Frank J. Basa, P.Eng.

Frank J. Basa, P.Eng. Chief Executive Officer 416-625-2342 or Wayne Cheveldayoff, Corporate Communications P: 416-710-2410 E: waynecheveldayoff@gmail.com

Source: Nord Precious Metals Mining Inc.