EPISODE · Jul 18, 2024 · 11 MIN
Frank Basa on Nord’s high-grade silver and gold in Ontario, and rare earths in Sweden
from Investor.News · host Investor.News
In a recent InvestorNews interview with host Pat Bolland, Frank Basa, CEO and Chairman of Nord Precious Metals Mining Inc., (TSXV: NTH | OTCQB: CCWOF), shared insights into the company's high-grade silver and gold projects. Basa highlighted the profitable spinout of the Graal property into a new company, Coniagas Battery Metals Inc., providing shareholders with shares and warrants. "We’ve done this before, very lucrative for the shareholders of Nord," Basa noted, referencing a previous similar strategy that yielded substantial dividends. Basa expressed excitement about Nord's recent project in Sweden, emphasizing its high-grade gold samples and rare earth elements essential for EV magnets, such as dysprosium. "Finding a property like the one in Sweden, they’re really, really hard to find. The grades are astronomical," he said. The company recently signed a non-binding Letter of Intent to acquire 80% of two exploration permits in Sweden, with samples showing promising grades of gold and rare earth elements. Additionally, Basa highlighted the continued success at their Castle East project in Ontario, where recent drilling revealed significant high-grade silver, including up to 89,000 grams per ton. These discoveries and strategic acquisitions position Nord Precious Metals Mining Inc. as a promising player in the precious metals and critical minerals markets.
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Frank Basa on Nord’s high-grade silver and gold in Ontario, and rare earths in Sweden
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