FULL DISCLOSURE: Nord Precious Metals is a sponsor of theDeepDive.ca.
In this conversation with Frank Basa, CEO of Nord Precious Metals Mining Inc. (TSXV: NTH), we discuss where the company stands in Ontario’s new recovery permit process, why the recent Gowganda tailings acquisition could materially change the scale of the opportunity, and how higher silver prices are reshaping the economics of both tailings reprocessing and the hard rock potential underneath.
Frank also shares stories from his time working with the late Paul Penna at Agnico Eagle, and explains why Nord sees a path to both near-term processing and a much larger silver and critical metals opportunity in Cobalt.
We also get into the realities of drilling these high-grade narrow veins, how wedge drilling and underground work can improve targeting, what the recovery permit could unlock over the next year, and why the company believes there may be much more sitting below the tailings than the market currently appreciates.
FULL DISCLOSURE: Nord Precious Metals is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of Nord Precious Metals. The author has been compensated to cover Nord Precious Metals on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.
