08:02:41 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Nord Precious Metals Mining Inc
Symbol NTH
Shares Issued 302,994,947
Close 2024-04-02 C$ 0.03
Market Cap C$ 9,089,848
Recent Sedar Documents

Nord to develop process for silver paste production

2024-04-03 10:59 ET - News Release

Mr. Frank Basa reports

NORD PRECIOUS METALS TO DEVELOP PROCESS FOR SILVER PASTE PRODUCTION FOR SOLAR CELLS AND HIGH-TECH APPLICATIONS

Nord Precious Metals Mining Inc. is in development of a process to manufacture silver paste, a critical component for the solar cell sector and various high-tech applications. This innovative advancement underscores Nord Precious Metals' commitment to driving technological innovation in the materials and manufacturing sectors.

Nord Precious Metals is currently engaged in discussions with leading cell producers across Canada to explore collaborative opportunities. The company eagerly anticipates the specifications required for production, poised to leverage its analytical lab capabilities and research hub infrastructure to expedite the commercialization process.

"Our focus on advancing analytical capabilities and research facilities (Temiskaming Testing Laboratories) aligns with our vision to become a premier destination for advanced materials and manufacturing research in Canada," stated Matthew Halliday, PGeo, chief operating officer of Nord Precious Metals. "Our team, led by world-class experts including chemical engineer Dr. Anthony Dapaah, PhD, CChem, and metallurgical specialist Frank Basa, PEng, Ontario, is well equipped to lead the charge in pioneering value-added products like silver paste."

Nord Precious Metals has a proven record of innovation, having achieved a remarkable 22.6-per-cent cobalt sulphate production on spec in 2018. Leveraging this expertise, the company is strategically positioned to capitalize on the growing demand for critical metals and high-tech materials.

"We are excited to embark on this journey towards commercialization," remarked Dr. Anthony Dapaah, PhD, CChem, Temiskaming Testing Laboratories' esteemed analytical chemist. "Our lab is fully prepared to undertake the production process, and we are eager to collaborate with Mr. Halliday in developing a robust business plan for widespread commercial applications."

As Nord Precious Metals continues to pioneer advancements in materials science, the company remains committed to exploring non-dilutive funding opportunities to support its transition toward cash flow. Moreover, Nord Precious Metals is actively engaged in discussions regarding the new recovery permit for tailings in Ontario, further reinforcing its dedication to sustainable resource management and monetization strategies. By developing the process to produce silver paste now, the company can be ready to produce value-added product once it is permitted to extract tailings and eventually mining at the Castle system.

"We firmly believe that our cobalt facility and Coleman location are well suited for the production of this value-added product," added Matthew Halliday. "With the support of government initiatives and strategic partnerships, we are confident in our ability to help drive economic growth and establish Canada as a global hub for critical metals and advanced manufacturing."

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.

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