Nicola Mining Inc. , is pleased to provide a preliminary 2022 exploration plan on its New Craigmont Project, as well as provide a summary of 2021 exploration activities at both its New Craigmont Project and Treasure Mountain Project, both of which are wholly-owned. In addition to exploration summaries, the Company will also provide a brief operational update on its wholly-owned Merritt Mill. Exploration Plans for 2022 The [...]
Nicola Mining Inc. is pleased to announce that it has obtained Depository Trust Company[1] eligibility in the United States. The Company is also pleased to announce that its shares had been listed for quotation in the United States on the OTCQB operated by the OTC Markets Group Inc. under the ticker HUSIF. The Company retained the financial consultant firm of OTC Advisory Services, Inc. to pursue its listing on the OTCQB [...]
Nicola Mining Inc. , announces it has repaid in full the $250,000 Prepayment Facility to Ocean Partners UK Limited[1] . The Company had announced on April 30, 2021, that it entered into a purchase contract for gold and silver concentrate with Ocean Partners. On April 27, 2021, the Company received a Prepayment of US$250,000, which was subsequently allocated towards the acquisition of 75% economic interest of the Dominion [...]
Nicola Mining Inc. is pleased to announce that Malcolm Swallow, a principal mining engineer, has joined the Company's Board of Directors. As a professional mining engineer, Mr. Swallow has extensive experience in providing guidance to operating and developing mining companies and mines, including all aspects of precious and base metals and industrial minerals developments, mine and mill construction and operation [...]
Nicola Mining Inc. is pleased to announce that it has completed a second shipment of 105.8 tonnes of gold and silver concentrate to Ocean Partners UK Limited1 . On August 31, 2021, the Company announced its first shipment, which produced via a partnership with Blue Lagoon Resources Inc. . Combined with the initial concentrate shipment, the Company has now sent a total of 140.9 tonnes of concentrate to Ocean Partners for [...]
Nicola Mining Inc. , is pleased to announce that it has commenced shipping of concentrate with Ocean Partners UK Limited[1] . To date 140 dry metric tonnes of gold and silver concentrate grading an estimated 90 g/t Au and 500 g/t Ag have been prepared for shipping . All concentrate assays were completed at Base Met Labs[2], an accredited metallurgical testing facility located in Kamloops, BC. Concentrate grades have increased [...]
Nicola Mining Inc. is pleased to provide an exploration update for its 2021 Exploration Phase I Drill Program on its wholly owned New Craigmont property. The focus of Phase I was to test targets defined by magnetic anomalies located lateral and adjacent to the historic Craigmont Copper Mine. Results from Phase I drilling have recently been received from Actlabs and are reported herein. 2021 Phase I Exploration Program The [...]
Nicola Mining Inc. announces that the Evacuation Order , which was issued on August 15, 2021, for the Lower Nicola and Area - EA MN has been downgraded to evacuation alert The Order temporarily affected gold and silver milling operations at the Company's New Craigmont Project. Nicola is committed to protecting the health and safety of employees and contractors and continues to closely to monitor wildfire and regional air [...]
Nicola Mining Inc. , announces that an Evacuation Order was issued in the Lower Nicola and Area - EA MN temporarily affecting milling operations at its New Craigmont Project . All workers were safely evacuated from the Property, with the exception of a small number of employees necessary to responsibly ensure safety and environmental protection. The site is well equipped with water and firefighting equipment and there is [...]
Nicola Mining Inc. is pleased to announce that it has commenced processing of gold and silver mill feed at its mill, located near Merritt, British Columbia . The Company will produce a gold and silver concentrate that will be purchased by Ocean Partners UK Limited[2] , a company that provides global trading services to miners, smelters, and refiners. Crushing of mill feed, which was transported to the site by [...]
Nicola Mining Inc. is pleased to announce that it has nearly completed mill upgrades and secured spare parts prior to recommencing milling operations. In its May 5, 2021 press release, the Company announced that it had extended the Gold and Silver Profit Share Agreement with Blue Lagoon and received its first shipment from the Dome Mountain Mine. With the end of spring runoff, the parties have been able to increase [...]
Nicola Mining Inc. , announces that it has signed an Amended and Restated Mineral Purchase Agreement with High Range Exploration Ltd. to acquire 50% of the Dominion Creek Property which is located 43 kilometers northeast of the Town of Wells and approximately 110 kilometers east-southeast of Prince George. The Company announced on September 17, 2020 that it had signed a Strategic Milling and Profit Share Agreement with [...]