# Nord Reports Updated Gowganda Tailings Indicated Mineral Resource of 2.814 Million Ounces of Silver at 47.4 g/t

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/nord-reports-updated-gowganda-tailings-indicated-mineral-resource-of-2-814-milli--edde9aa7-e6d8-44af-9110-6f04b90e2c95

Original source: https://orestocks.com/company/NTH.V/press-releases/7278505146730986

Publisher: orestocks

Original announcement: 2026-09-15T12:31:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Nord Precious Metals Mining Inc.

- Ticker: NTH.V

- Exchange: Unavailable

- Region: Ontario

- Primary commodity: Silver

- Secondary commodities: None reported

- Document categories: Resource update

- Extracted: 2026-09-15 13:35:47 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Nord Precious Metals Mining Inc. has reported an updated Indicated Mineral Resource for the Gowganda Silver Tailings Project in Ontario, totaling 1.845 million tonnes at 47.4 g/t silver \(2.814 million ounces\). The estimate, prepared by GeoVector Management Inc., covers four domains including Main Tailings and South Tailings, using a 10 g/t Ag cut-off grade.

Reasoning: The update provides a defined Indicated resource for the Gowganda tailings, though it relies heavily on historical data and a 2007 metallurgical benchmark.

- Positive factor: Indicated resource established

- Positive factor: Defined silver inventory

- Positive factor: QP signed off

- Positive factor: NI 43-101 compliant

- Negative factor: Relies on historical tailings data

- Negative factor: Historical data cannot be fully verified

Facts used in scoring: 4

## Classification and evidence

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The entire resource is classified as Indicated.

Evidence · text

> comprises an Indicated Mineral Resource

**QP/CP Signed**

Polarity: positive

Definition: 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 is responsible and an independent QP.

Evidence · text

> Duncan Studd, M.Sc., P.Geo. of GeoVector is responsible... and is an independent Qualified Person

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The resource is prepared in accordance with NI 43-101 standards.

Evidence · text

> as defined by NI 43-101

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: A base case cut-off grade of 10 g/t Ag is clearly stated.

Evidence · text

> at a 10 g/t silver cut-off grade

## Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

## Resource Estimates (4)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nord-reports-updated-gowganda-tailings-indicated-mineral-resource-of-2-814-milli--edde9aa7-e6d8-44af-9110-6f04b90e2c95#fact-resource-facts-0)

Gowganda Silver Tailings Project · silver

#### Identity

- Project: Gowganda Silver Tailings Project
- Commodity: silver
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NTH.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-08-01T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Duncan Studd
- Resource group id: resource:470fab35cf63c5bbf4b7
- Deposit or zone: Main Tailings
- Mining method: open\_pit

#### 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

#### Lab

- Laboratory: ALS Geochemistry

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-15T00:00:00.000Z

Reasoning: Main tailings domain provides the bulk of the resource.

- Positive factor: Indicated category

- Negative factor: Historical data reliance

Evidence · table

> 46.3

Context: 1,762,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nord-reports-updated-gowganda-tailings-indicated-mineral-resource-of-2-814-milli--edde9aa7-e6d8-44af-9110-6f04b90e2c95#fact-resource-facts-1)

Gowganda Silver Tailings Project · silver

#### Identity

- Project: Gowganda Silver Tailings Project
- Commodity: silver
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NTH.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-08-01T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Duncan Studd
- Resource group id: resource:e14ecece65589e3e876a
- Deposit or zone: South Tailings
- Mining method: open\_pit

#### 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

#### Lab

- Laboratory: ALS Geochemistry

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-15T00:00:00.000Z

Reasoning: Smaller secondary domain.

Evidence · table

> 42.9

Context: 52,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nord-reports-updated-gowganda-tailings-indicated-mineral-resource-of-2-814-milli--edde9aa7-e6d8-44af-9110-6f04b90e2c95#fact-resource-facts-2)

Gowganda Silver Tailings Project · silver

#### Identity

- Project: Gowganda Silver Tailings Project
- Commodity: silver
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NTH.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-08-01T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Duncan Studd
- Resource group id: resource:96adceb2ce2257b33b32
- Deposit or zone: Outflow One
- Mining method: open\_pit

#### 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

#### Lab

- Laboratory: ALS Geochemistry

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-15T00:00:00.000Z

Reasoning: High grade intercept in outflow domain.

- Positive factor: High grade

Evidence · table

> 96.5

Context: 10,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/nord-reports-updated-gowganda-tailings-indicated-mineral-resource-of-2-814-milli--edde9aa7-e6d8-44af-9110-6f04b90e2c95#fact-resource-facts-3)

Gowganda Silver Tailings Project · silver

#### Identity

- Project: Gowganda Silver Tailings Project
- Commodity: silver
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NTH.V

#### Resource scope

- Estimate type: resource
- Effective date: 2026-08-01T00:00:00.000Z
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Duncan Studd
- Resource group id: resource:5f287afb3bb81599742f
- Deposit or zone: Outflow Two
- Mining method: open\_pit

#### 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

#### Lab

- Laboratory: ALS Geochemistry

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-15T00:00:00.000Z

Reasoning: Highest grade domain in the estimate.

- Positive factor: High grade

Evidence · table

> 134.0

Context: 21,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Resource Update**

Polarity: neutral

Definition: 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.
