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Nord Precious Metals Launches High-Grade Silver Drilling After Boundary Consolidation as Prices Exceed $75/Oz

Nord Precious Metals closed its March 31, 2026 acquisition, consolidating ~4 km of Gowganda-Castle properties to target high-grade silver-cobalt veins across historic boundaries inaccessible to past producers. The company plans immediate drilling, backed by a 600 tpd modular gravity plant, TTL Laboratories, and a historical tailings resource of 1.94 million tonnes at 47.5 g/t Ag (~2.96M oz contained). With silver above US$75/oz—more than double year-ago levels—this supports a bullish outlook for production restart and silver exposure amid strong market fundamentals.

Category

Silver

Sentiment

Bullish

Event

Corporate action

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