The company says that restarting the permitting process is a strategic move to advance the Castle East project to advanced exploration. More than 60,000 metres of diamond drilling has been done at Castle East and the former Castle silver-cobalt mine.
Nord PM intends to become a producer of critical metals and lower the impact of mining by placing future tailings underground in historic mines.
“We believe there is great opportunity in the Miller Lake Basin, which, during past mining, witnessed approximately 60 million oz. of silver production at the rim,” said president Matt Halliday.
“However, our focus is on extending operations to the center of the basin, presenting unparalleled prospects. Moreover, there are opportunities to produce low-cost byproducts for the EV market, such as cobalt sulphate and nickel sulphate.”
The Miller Lake Basin is in the Gowganda area of the Cobalt camp, which produced well over 500 million…
