Mr. Frank Basa reports

NORD PRECIOUS METALS RESUMES PERMITTING PROCESS FOR CASTLE, PAVING THE WAY FOR A BULK SAMPLE

Nord Precious Metals Mining Inc. has resumed the permitting process for the Castle East high-grade silver project, nestled in the prolific Cobalt mining camp where, for almost a century, high-grade silver and cobalt were extracted. These projects hold immense potential for Nord Precious Metals.

The restart of the permitting process signifies a strategic move by Nord Precious Metals to enhance its operations and contribute to the legacy of the Cobalt mining camp. In addition to the permitting process, the company is set to embark on taking a bulk sample -- marking a crucial step toward the potential of future mining in the region.

In more than 60,000 metres of diamond drilling at the Castle property, which includes the past-producing Castle silver-cobalt mine and a recent major discovery at Castle East, the company has intersected several mineralized veins with exceptional grades -- the highest to date being 89,853 grams per tonne silver (2,621 ounces per ton) over 0.3 metre in hole CS-20-39 (see company news release, Jan. 29, 2021).

The company also intends to produce critical metals that the economy demands, and is exploring the potential to place existing and future tailings underground in historic mines, as an environmentally friendly process to contribute to the restoration and rehabilitation of these sites.

As it awaits the finalization of the recovery permit program in Ontario following changes to the Mining Act, Nord Precious Metals anticipates collaborative opportunities as an operator with key companies in the region. This aligns with the company's commitment to sustainable and efficient mining practices.

Matt Halliday, PGeo, president of Nord Precious Metals, expressed enthusiasm for the initiatives on the Castle property, stating: "We believe there is great opportunity in the Miller Lake basin, which, during past mining, witnessed approximately 60 million ounces of silver production at the rim. However, our focus is on extending operations to the centre of the basin, presenting unparalleled prospects. Moreover, there are opportunities to produce low-cost byproducts for the EV market, such as cobalt sulphate and nickel sulphate."

The Miller Lake basin is in the Gowganda area of the Cobalt mining camp, which produced well over 500 million ounces of silver and over 30 million pounds of cobalt from more than 100 mines operating from 1903 to 1989.

Nord Precious Metals remains dedicated to advancing responsible mining practices and contributing positively to the mining industry's growth. The company looks forward to making significant strides in the Castle projects and further establishing its presence in the Cobalt mining camp.

Qualified person

The technical information in this news release was approved by and prepared under the supervision of Mr. Halliday, PGeo, (PGO), president, chief operating officer and vice-president, exploration, of Nord Precious Metals, a qualified person in accordance with National Instrument 43-101.

About Nord Precious Metals Mining Inc.

Nord Precious Metals Mining (formerly Canada Silver Cobalt Works Inc.) recently discovered a major high-grade silver vein system at Castle East located 1.5 kilometres from its 100-per-cent-owned, past-producing Castle mine near Gowganda in the prolific and world-class silver-cobalt mining district of Northern Ontario. The company has completed a 60,000-metre drill program aimed at expanding the size of the deposit with an update to the resource estimate under way.

We seek Safe Harbor.