Nicola Mining Inc. , is pleased to announce that it has received rock sample results taken during the Company's 2019 soil sampling program at its wholly owned Treasure Mountain Property, a fully-permitted high-grade silver mine located approximately 90 minutes from its Craigmont Mill. The Company provided results from soil samples in a news release issued on January 23, 2020. In addition to soil sampling, the Company took [...]
Nicola Mining Inc. is pleased to announce positive preliminary grade and copper recovery results on flotation tests conducted at ALS Metallurgy Kamloops[1] laboratory under program KM5954. The tests were designed to simulate copper and magnetite recovery into separate concentrates through flotation and magnetic separation. A sample from the mine's historic waste rock terraces underwent sorting via COM Tertiary XRT Sorter [...]
Nicola Mining Inc. , is pleased to announce that it has received results from the 2019 soil sampling program at its wholly owned Treasure Mountain Property, a fully-permitted high-grade silver mine located approximately 90 minutes from its Craigmont Mill. The 2019 Program focused on infilling and extending the MB Zone; an area north-west of Treasure Mountain Underground Development . Due to inclement weather the program [...]
Nicola Mining Inc. is pleased to announce successfully staking mineral claims totaling 828 hectares to the immediate south of the New Craigmont Property . The extension expands the Company's land package to 10,913 hectares. Figure 1: New Craigmont Property with recent mineral claim acquisition To view an enhanced version of Figure 1, please visit [...]
Nicola Mining Inc. , at the request of IIROC the Company wishes to clarify certain disclosure in its news release titled "Nicola Mining Announces up to Ten-Fold Copper Upgrading and Solid Copper Recovery from Its Ore Sorting Testing" dated November 27, 2019. Specifically, the Company wishes to clarify the following disclosure: The 80-90 million tonnes of historic waste piles surrounding the pit is not meant to be viewed [...]
Nicola Mining Inc. is pleased to announce that it has received positive assay results from ALS Metallurgy Laboratory . The Company announced on March 29, 2019 that testing conducted at Tomra Sorting's Test Center in Hamburg, Germany appeared to successfully separate copper ore[1] from waste rock based on sulphide and gravity parameters. The ALS Lab results confirm the ability to ore sort with the TOMRA Tertiary XRT Sorter [...]
Nicola Mining Inc. is pleased to announce that it has conducted a soil sampling program at its wholly owned Treasure Mountain Property, a fully-permitted high grade silver mine located approximately 90 minutes to its Craigmont Mill. The 2019 Program focused on the MB Zone, an area north-west of Treasure Mountain Mine that is the Company's highest priority exploration target on the Treasure Mountain Property. Figure 1 [...]
Nicola Mining Inc. announced that it has received a tax refund of previously paid Part X11.6 taxes in the amount of $328,730 from the Canada Revenue Agency . This payment is associated with the successful appeal of certain tax deductions which had been disallowed by CRA, which was disclosed in a news release dated July 11, 2019. On August 27, 2019 the Company filed its Condensed Consolidated Financial Statements for the [...]
Nicola Mining Inc. is pleased to provide assay results from its third drill hole, CC-19-73, from its ongoing 2019 Exploration Program at the Company's wholly-owned New Craigmont Project, located in British Columbia's Thompson-Nicola Region. The purpose of the first three drill holes was to confirm and intersect the unexploited, and incompletely delineated No. 3 Ore Body hole1 , which the Company will refer to as No. 3 [...]
Nicola Mining Inc. is pleased to provide an update on its ongoing 2019 Exploration Program at the Company's 100%-owned New Craigmont Project, located in British Columbia's Thompson-Nicola Region. The Company has received assays on the first of two drill holes. These holes were successful in intersecting the unexploited, and incompletely delineated No. 3 ore body[1]. The No. 3 ore zone is comprised of silicified wacke with [...]
Nicola Mining Inc. is pleased to provide an update on its Notice of Objection filed with the Canada Revenue Agency on July 19, 2018 concerning certain Canadian Exploration Expenses claimed by investors who purchased flow-through securities issued by the Company in 2012, for which tax deductions had previously been disallowed by the CRA. The Company has been advised by the CRA Appeals Officer assigned to the matter that [...]
Nicola Mining Inc. is pleased to announce a non-brokered private placement anchored by an international mining investment group that has set up a Canadian subsidiary for the investment. Insiders will also participate in the private placement, which will consist of the issuance of up to 7,000,000 units at a price of $0.10 per Unit for gross proceeds of up to $700,000 . Insiders may also participate in the Offering. The [...]