Mr. Frank Basa reports

NORD PRECIOUS METALS INTERCEPTS HIGH-GRADE SILVER IN 3,500-METER PHASE I DRILL PROGRAM

Nord Precious Metals Inc. has completed over 2,100 metres of its phase 1 drill program at Castle East, the first 3,500-metre stage of a planned 30,000-metre campaign.

The program follows up on some of the highest-grade silver intercepts reported in the Cobalt camp in recent years, including 19,308 grams per tonne silver over 1.30 metres (at 550.60 m in CS-20-39W4) and 89,853 g/t Ag over 0.30 metre (at 557.46 m in CS-20-39).

A comprehensive reinterpretation of the Castle East data set, encompassing geophysics, structural analysis and over 75,000 metres of historical drilling, has identified 29 potential discrete vein structures in a new geological model. Phase 1 is designed to confirm these modelled structures. The broader program aims to increase the resource estimate for Castle East and to position a ramp for underground access, enabling further drilling at depth and the recovery of a bulk sample for processing at the company's fully permitted high-grade mill in Cobalt, Ont.

Three holes have been completed to date. Of these, CS-26-129W2 intersected three distinct mineralized intervals, consistent with the multivein architecture identified in the company's 2025 3-D geological model. Assay results are pending and will be released as they become available.

Native silver in the Cobalt camp occurs both within high-grade vein structures and as fine fracture-filled silver in the adjacent host rock. To capture the full distribution of mineralization, the company will report results using two sample widths for each interval: a narrower cut representing the high-grade vein proper, and a wider envelope that includes silver hosted in the surrounding wall rock. This dual-width approach is designed to give investors and future engineers a clear picture of both vein-scale grade and the broader mineralized zone available for bulk extraction, supporting the company's planned transition from exploration drilling to underground development and bulk sampling through its existing processing infrastructure in the Cobalt camp.

Management commentary

"The 3-D structural model gave us 29 target veins where previously we had five. Three holes in, and we are already seeing the multivein geometry the model predicted. That is the kind of early confirmation that tells you the geology is real and the program is on the right track," stated Frank J. Basa, PEng, president and chief executive officer.

"Our objective has not changed: confirm enough structure to justify a ramp, get underground and put a bulk sample through our mill. Every metre we drill now is designed to move us closer to that decision."

Qualified person

The technical information in this news release was approved and prepared under the supervision of Frank J. Basa, PEng (PEO), director of Nord Precious Metals, a qualified person in accordance with National Instrument 43-101.

About Nord Precious Metals Mining Inc.

Nord Precious operates TTL Laboratories, the only permitted high-grade milling facility in the historic Cobalt camp of Ontario, where the company has established an integrated position connecting high-grade silver discovery with strategic metal recovery operations.

The company's flagship Castle property encompasses 56 square kilometres of exploration ground and the past-producing Castle mine, complemented by the Castle East discovery, where drilling has delineated 7.56 million ounces of silver in a now historic, inferred resource grading an average of 8,582 grams per tonne Ag (250.2 ounces per ton) in 27,400 tonnes of material from two sections (1A and 1B) of the Castle East Robinson zone, beginning at a vertical depth of approximately 400 metres. The report, titled "NI 43-101 Technical Report Mineral Resource Estimate for Castle East, Robinson Zone, Ontario, Canada," with an effective date of May 28, 2020, written by M. Rachidi, PGeo, PhD, of GoldMinds Geoservices. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Please refer to the Nord Precious Metals press release of May 27, 2020, for the resource estimate.

The above resource is considered a historical resource. This historical resource remains relevant in that there is continuing drilling to expand the known mineralization associated with that resource. The 2020 mineral resource was estimated in conformity with Canadian Institute of Mining, Metallurgy and Petroleum Estimation of Mineral Resource and Mineral Reserves Best Practices Guidelines, and is reported in accordance with Canadian Securities Administrators' National Instrument 43-101. Insufficient work has been done since to categorize the above historical estimate as current. Significant additional diamond drilling and analytical work along with modelling are required before a new resource estimate can be compiled.

Nord's integrated processing strategy enables multiple metal recovery streams. High-grade silver recovery supports the economics of extracting critical minerals including cobalt, nickel and other battery metals. The Re-2Ox hydrometallurgical process, validated at pilot scale through SGS Lakefield, eliminates the typical arsenic barriers in complex silver-cobalt ores while producing battery-grade cobalt sulphate and other metal products to customer specifications. This multimetal approach, combined with established infrastructure including TTL Laboratories and underground mine access, positions Nord within Ontario's emerging critical mineral supply chain.

The company maintains a strategic portfolio of battery metal properties in Northern Quebec through its 35-per-cent ownership in Coniagas Battery Metals Inc., as well as the St. Denis-Sangster lithium project comprising 32 square kilometres of prospective ground near Cochrane, Ont.

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