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April 1, 2025 5 mins

Frank Basa, CEO and Chairman of Nord Precious Metals Mining Inc. (TSXV: NTH | OTCQB: CCWOF), delivered a compelling message during an interview with InvestorNews.com host Tracy Hughes at PDAC 2025, highlighting a breakthrough silver discovery that positions Nord as a standout player in Ontario’s historic Cobalt Camp. Emphasizing the exceptional potential of the region, Basa boldly stated, "The Cobalt camp had the highest grade silver mines in its day in the world." Nord's aggressive exploration strategy has resulted in over 60,000 meters of drilling, revealing extraordinary silver grades including a remarkable 89,000 grams per tonne. Basa proudly underscored the significance of this discovery, noting, "I think we're the first, probably in the last 50-60 years, that had a major discovery in the camp," setting the stage for Nord to lead a new era of silver exploration.Discussing Nord’s competitive advantage, Basa highlighted the combination of robust infrastructure and exceptional geology, positioning the company to rapidly capitalize on its high-grade discoveries. Reflecting on his early experience in the region, he recalled, "We had a very small mill...and we poured 1.6 million ounces of silver every year," demonstrating the immense potential for profitability even with modest-scale operations. Nord's strategic vision includes integrating extensive drilling data, historical mine plans, and recent geophysical surveys into a comprehensive 3D geological model. Basa emphasized this meticulous approach, saying, "We want to see if we missed any other vein structures," indicating confidence that more significant discoveries await.Basa also praised the agility and dedication of Nord's exploration team, attributing the company’s success to a unique operational approach. "Our people are driven by success," Basa explained, underscoring the company's results-oriented culture. With silver prices energized by investor interest and predictions like those from Eric Sprott, Basa confidently projected Nord’s trajectory, suggesting the company could swiftly transition into "a billion market cap company in a very short time frame," firmly establishing Nord Precious Metals as a key player in the resurgence of Canada's silver mining sector.

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