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Nord Precious Metals reviews 1987 study showing 325,000 oz silver/year from Gowganda tailings over 7 years.

Market News
11 May 2026
TheNewswire
View Source
Bullish
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Nord Precious Metals Mining Inc. reviewed a 1987 feasibility study by Kilborn Limited for reprocessing silver tailings at its Gowganda property, projecting annual production of about 325,000 ounces of silver over seven years with 85% recovery. The study, done when silver prices were much lower, showed strong economics with an internal rate of return up to 49.3% at $12/oz silver. Nord is now conducting updated metallurgical tests and resource estimates, aiming to leverage modern silver prices and consolidated land holdings to advance the project. This tailings reprocessing aligns with growing industry interest in environmentally friendly resource recovery from historic mine waste.

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