NI 43-101 Technical Report Filed for the Gowganda Silver Tai...
Original announcement by prospectors_exchange on
- Company
- Nord Precious Metals Mining Inc.
- Ticker
- NTH
- Exchange
- Unavailable
- Region
- Ontario
- Primary commodity
- Silver
- Secondary commodities
- None reported
- Document categories
- Resource update, Other
- Extracted
- 2026-10-14 13:20:43 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Nord Precious Metals has filed a NI 43-101 technical report for the Gowganda Silver Tailings Project in Ontario. The report includes an updated 2026 Mineral Resource Estimate for the 100%-owned deposit, which was initially disclosed in a September 15, 2026, news release.
Reasoning: The document announces the formal filing of a NI 43-101 technical report containing an updated resource estimate that was already partially disclosed in a prior news release.
Positive factors
- NI 43-101 compliant technical report filed
- Updated mineral resource estimate provided
- QP sign-off by Duncan Studd
Negative factors
- Results were previously disclosed in a September 15 news release
Facts used in scoring: 5
Classification and evidence
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The technical report was prepared following the regulations laid out in National Instrument 43-101.
Evidence · text
“The report was prepared following the regulations laid out in National Instrument 43-101”
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: Duncan Studd, M.Sc., P.Geo., of GeoVectorManagement Inc. is named as the independent Qualified Person.
Evidence · text
“by Duncan Studd, M.Sc., P.Geo., of GeoVectorManagement Inc., an independent Qualified Person”
Extracted facts
Stored fact records: 5. Some facts used in scoring do not have a stored record.
Resource Estimates (5)
indicatedGowganda Silver Tailings Project · silverTonnes: 1845000Grade: 47.4Grade Unit: g/tContained Metal: 2814000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gowganda Silver Tailings Project
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Ontario
- Ticker
- NTH
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Duncan Studd
- Resource group id
- resource:f5d4d5ea80f5c97ca7fd
- Deposit or zone
- Total
- Ownership percent
- 100 %
- Resource basis
- attributable
Resource Data
- Category
- indicated
- Tonnes
- 1845000
- Grade
- 47.4
- Grade Unit
- g/t
- Contained Metal
- 2814000
- Contained Unit
- oz
- Cutoff Grade
- 10
- Cutoff Unit
- g/t Ag
Prior Estimate
- Resource Date
- 2026-08-01
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-09-15T00:00:00.000Z
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: This is a restatement of the resource estimate disclosed on 2026-09-15.
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Previously disclosed in September news release
Evidence · text
“The updated 2026 Mineral Resource estimates were initially disclosed in a Nord news release dated September 15, 2026.”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGowganda Silver Tailings Project · silverTonnes: 1762000Grade: 46.3Grade Unit: g/tContained Metal: 2622000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gowganda Silver Tailings Project
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Ontario
- Ticker
- NTH
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Duncan Studd
- Resource group id
- resource:855dc6347f6b03e7a11e
- Deposit or zone
- Main Tailings
- Ownership percent
- 100 %
- Resource basis
- attributable
Resource Data
- Category
- indicated
- Tonnes
- 1762000
- Grade
- 46.3
- Grade Unit
- g/t
- Contained Metal
- 2622000
- Contained Unit
- oz
- Cutoff Grade
- 10
- Cutoff Unit
- g/t Ag
Prior Estimate
- Resource Date
- 2026-08-01
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-09-15T00:00:00.000Z
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: This is a restatement of the resource estimate disclosed on 2026-09-15.
Negative factors
- Previously disclosed in September news release
Evidence · text
“The updated 2026 Mineral Resource estimates were initially disclosed in a Nord news release dated September 15, 2026.”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGowganda Silver Tailings Project · silverTonnes: 21000Grade: 134Grade Unit: g/tContained Metal: 89000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gowganda Silver Tailings Project
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Ontario
- Ticker
- NTH
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Duncan Studd
- Resource group id
- resource:80a83f8bb4dd5acc5d2c
- Deposit or zone
- Outflow Two
- Ownership percent
- 100 %
- Resource basis
- attributable
Resource Data
- Category
- indicated
- Tonnes
- 21000
- Grade
- 134
- Grade Unit
- g/t
- Contained Metal
- 89000
- Contained Unit
- oz
- Cutoff Grade
- 10
- Cutoff Unit
- g/t Ag
Prior Estimate
- Resource Date
- 2026-08-01
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-09-15T00:00:00.000Z
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: This is a restatement of the resource estimate disclosed on 2026-09-15.
Negative factors
- Previously disclosed in September news release
Evidence · text
“The updated 2026 Mineral Resource estimates were initially disclosed in a Nord news release dated September 15, 2026.”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGowganda Silver Tailings Project · silverTonnes: 10000Grade: 96.5Grade Unit: g/tContained Metal: 31000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gowganda Silver Tailings Project
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Ontario
- Ticker
- NTH
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Duncan Studd
- Resource group id
- resource:16de98386fa5d5083593
- Deposit or zone
- Outflow One
- Ownership percent
- 100 %
- Resource basis
- attributable
Resource Data
- Category
- indicated
- Tonnes
- 10000
- Grade
- 96.5
- Grade Unit
- g/t
- Contained Metal
- 31000
- Contained Unit
- oz
- Cutoff Grade
- 10
- Cutoff Unit
- g/t Ag
Prior Estimate
- Resource Date
- 2026-08-01
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-09-15T00:00:00.000Z
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: This is a restatement of the resource estimate disclosed on 2026-09-15.
Negative factors
- Previously disclosed in September news release
Evidence · text
“The updated 2026 Mineral Resource estimates were initially disclosed in a Nord news release dated September 15, 2026.”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
indicatedGowganda Silver Tailings Project · silverTonnes: 52000Grade: 42.9Grade Unit: g/tContained Metal: 72000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Gowganda Silver Tailings Project
- Commodity
- silver
- Region
- canada_on
- Reported Region
- Ontario
- Ticker
- NTH
Resource scope
- Estimate type
- resource
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Duncan Studd
- Resource group id
- resource:ef91104c34b538425f3b
- Deposit or zone
- South Tailings
- Ownership percent
- 100 %
- Resource basis
- attributable
Resource Data
- Category
- indicated
- Tonnes
- 52000
- Grade
- 42.9
- Grade Unit
- g/t
- Contained Metal
- 72000
- Contained Unit
- oz
- Cutoff Grade
- 10
- Cutoff Unit
- g/t Ag
Prior Estimate
- Resource Date
- 2026-08-01
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-09-15T00:00:00.000Z
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: This is a restatement of the resource estimate disclosed on 2026-09-15.
Negative factors
- Previously disclosed in September news release
Evidence · text
“The updated 2026 Mineral Resource estimates were initially disclosed in a Nord news release dated September 15, 2026.”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
QP/CP Signedpositive
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.