Nicola Mining Inc.

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 [...]

Nicola Mining Inc. , is pleased to announce that it has received all required permits and has commenced its 2019 Exploration Program . The Company has contracted Western Exploration Diamond Drilling Ltd. to conduct the diamond drilling program , which started on May 23, 2019. Overview The New Craigmont Project does not conform to a "typical" exploration pipeline. The Project is a permitted historic mine site with active [...]

Nicola Mining Inc. is pleased to announce additional drill results from its 2018 Exploration Program[1] at its wholly-owned New Craigmont Project , located 14 km from Merritt, British Columbia. Drill results are from the Craigmont Central Zone and were designed to explore the boundaries of the historic open pit. The economic contribution from magnetite[2] is taken into consideration in this release and reported as a copper [...]

Nicola Mining Inc. is pleased to announce positive results from Outotec's Initial Inspection Study, in which select material from the terraces and highly mineralized zones at the wholly-owned New Craigmont Copper Project was evaluated. The test work was conducted at Tomra Sorting's Test Center in Hamburg, Germany. This study successfully demonstrated that the COM Tertiary XRT Sorter can clearly distinguish ore1 from waste [...]

Nicola Mining Inc. is pleased to announce final results on its 39-hole Reverse Circulation drill program on the 3060-Portal . This program is designed to evaluate the copper equivalent grade and volume of historical material excavated from underground workings of the Craigmont Mine and piled at 3060-Portal . These results confirm significant grades of copper and magnetite, which are combined to create a copper equivalent [...]

Nicola Mining Inc. is pleased to announce the results of a preliminary metallurgical testing program and the significance of a copper-magnetite grade equivalent at its wholly-owned New Craigmont Project , located 14 km from the city of Merritt, BC. Nicola contracted ALS Metallurgy's Kamloops[1] laboratory to perform magnetic separation and froth floatation testing on samples collected from a number of selected diamond drill [...]