Nicola Mining Inc.

Nicola Mining announces that, subject to regulatory approval, it has arranged a non-brokered private placement financing of up to 10,000,000 units at a price of $0.15 per Unit for gross proceeds of up to $1,500,000. Each Unit will consist of one common share and one-half of one share purchase warrant , with each Warrant entitling the holder to purchase one additional Share at a price of $0.18 per Share for a period of two [...]

Nicola Mining is pleased to provide an update on the 2018 Exploration Plan at the Company's 100% owned New Craigmont Project, located near Merritt British Columbia. Nicola's geological team is finalizing the 2018 Exploration Plan, which will be comprised of 4 drilling programs and a field sampling program: Waste Piles: Reverse circulation drilling Promontory Hill: Diamond drilling Craigmont Central: Diamond drilling [...]

Nicola Mining is pleased to provide the results of their latest drill hole, as well as a summary of results on its 2017-2018 Winter Drilling Program. The Program focused on extending and defining boundaries on the Craigmont West Zone, previously referred to as the Embayment Zone at the Company's 100%-owned New Craigmont Project, British Columbia. The name was changed from "Embayment" to "Craigmont West" to denote the [...]

VANCOUVER, British Columbia, Feb. 28, 2018 -- Nicola Mining Inc. is pleased to provide an update on its ongoing exploration program at the Company’s 100%-owned New Craigmont Project located in British Columbia’s Thompson-Nicola Region. The program is designed to expand the Embayment Zone along strike to the west and delimit its northern and southern boundaries. On January 12, 2018, the Company announced that [...]

VANCOUVER, British Columbia, Jan. 12, 2018 -- Nicola Mining Inc. has received the required permitting to commence reverse circular drilling on the approximate 80 – 90 million tonnes of waste piles surrounding the historic Craigmont Mine. The Company is also pleased to announce that the 2017 Embayment Zone Exploration Program has expanded the Embayment Skarn Zone to 400 metres in strike length . On December 27, 2017 [...]

Nicola Mining is pleased to announce that it has completed its non-brokered private placement as further described in its news releases of December 8, 2017 and December 15, 2017. In connection with the closing of the Financing, the Company sold an aggregate of 10,262,500 shares at a price of $0.20 per Share for gross proceeds of $2,052,500. The Shares were issued on a “flow-through” basis pursuant to the [...]

VANCOUVER, British Columbia, Dec. 21, 2017 -- Nicola Mining Inc. is pleased to provide an update on its 2017 Exploration Program focused on copper exploration at its wholly-owned New Craigmont Property. The first four holes all successfully intersected skarn alteration, including previously untested segments of the Embayment Zone. The skarn alteration, consisting of a mineral assemblage of [...]

VANCOUVER, British Columbia, Dec. 08, 2017 -- Nicola Mining Inc. is pleased to announce a non-brokered private placement financing of up to $1,500,000 consisting of the issuance of up to 7,500,000 flow-through common shares of the Company at $0.20 per FT Share. Finders’ fees may be payable in connection with the Financing in accordance with the policies of the Exchange. Insiders may participate in the Financing. All [...]

VANCOUVER, British Columbia, Nov. 14, 2017 -- Nicola Mining Inc. today announces that it intends to pay all of the interest owing on the secured convertible debentures issued on November 21, 2014 by the issuance of common shares of the Company. The Debentures mature on November 21, 2017 and bear interest at a rate of 10% per annum, which Interest is payable annually as to 50% in cash and 50% by the issuance of Shares at a [...]

VANCOUVER, British Columbia, Nov. 10, 2017 -- Nicola Mining Inc. is pleased to announce results on an additional Induced Polarization Geophysical Survey that focused on the Embayment, Titan Queen, and Promontory Hill Zones, which are located on the Company’s wholly-owned New Craigmont Property. Location of Titan Queen/Embayment IP geophysical lines. The background is Total Magnetic Intensity from 2012 AeroMagnetic [...]