Nord Precious Metals Announces Filing of Ni 43-101 Technical Report for the Gowganda Silver Tailings Project, Ontario with an Updated Mineral Resource Estimate
Original announcement by jmn on
- Company
- Nord Precious Metals Mining Inc.
- Ticker
- NTH
- Exchange
- TSXV
- Region
- Ontario
- Primary commodity
- Silver
- Secondary commodities
- None reported
- Document categories
- Resource update
- Extracted
- 2026-10-14 00:18:34 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 silver tailings deposit.
Reasoning: The document announces the formal filing of a technical report containing an updated silver resource estimate that was already partially disclosed in a prior news release.
Positive factors
- Updated mineral resource estimate filed
- NI 43-101 compliant technical report
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 report is explicitly stated to be prepared following NI 43-101 standards.
Evidence · text
“The report, dated October 13, 2026, and effective as of August 1, 2026, is entitled “NI 43-101 Technical Report and Updated Mineral Resource Estimate for the Gowganda Silver Tailings Deposit, Castle Silver Property, Gowganda, Ontario, Canada””
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 GeoVector Management Inc. is named as the independent Qualified Person.
Evidence · text
“by Duncan Studd, M.Sc., P.Geo., of GeoVector Management Inc., an independent Qualified Person as defined by National Instrument 43-101.”
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The announcement provides an updated mineral resource estimate.
Evidence · text
“with an Updated Mineral Resource Estimate”
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: 2.814Contained Unit: mozView 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:3374454500895377a00f
- Deposit or zone
- Total
- Mining method
- combined
- Ownership percent
- 100 %
Resource Data
- Category
- indicated
- Tonnes
- 1845000
- Grade
- 47.4
- Grade Unit
- g/t
- Contained Metal
- 2.814
- Contained Unit
- moz
- Cutoff Grade
- 10
- Cutoff Unit
- g/t Ag
Prior Estimate
- Resource Date
- 2026-08-01
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Indicated resource for the total project area.
Positive factors
- Indicated category provides reasonable geological confidence
Negative factors
- Previously disclosed in September news release
Evidence · text
“Updated Gowganda Tailings Indicated Mineral Resource of 2.814 Million Ounces of Silver at 47.4 g/t”
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: ozView 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:d47aafe2922c3ddb09fc
- Deposit or zone
- Main Tailings
- Mining method
- combined
- Ownership percent
- 100 %
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
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Indicated resource for the Main Tailings zone.
Evidence · text
“Updated Gowganda Tailings Indicated Mineral Resource of 2.814 Million Ounces of Silver at 47.4 g/t”
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: ozView 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:7838e1fd5c82ea6990f0
- Deposit or zone
- South Tailings
- Mining method
- combined
- Ownership percent
- 100 %
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
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Indicated resource for the South Tailings zone.
Evidence · text
“Updated Gowganda Tailings Indicated Mineral Resource of 2.814 Million Ounces of Silver at 47.4 g/t”
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: ozView 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:b3876f0a237d59aa824e
- Deposit or zone
- Outflow Two
- Mining method
- combined
- Ownership percent
- 100 %
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
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Indicated resource for the Outflow Two zone.
Positive factors
- High grade intercept (134 g/t)
Evidence · text
“Updated Gowganda Tailings Indicated Mineral Resource of 2.814 Million Ounces of Silver at 47.4 g/t”
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: ozView 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:7488087a519ee8bf1d59
- Deposit or zone
- Outflow One
- Mining method
- combined
- Ownership percent
- 100 %
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
- No
- Historical
- No
Dates
- Event date
- 2026-10-13T00:00:00.000Z
Reasoning: Indicated resource for the Outflow One zone.
Positive factors
- High grade intercept (96.5 g/t)
Evidence · text
“Updated Gowganda Tailings Indicated Mineral Resource of 2.814 Million Ounces of Silver at 47.4 g/t”
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.