Nicola Mining Inc. , is pleased to announce that it has entered into a funding agreement with the University of British Columbia's and UBC Mineral Deposit Research Unit to research the potential and existence of copper porphyry systems. MDRU is a partnership between UBC Mineral Deposit Research Unit, Lakehead University and Universities of Alberta and Calgary, and 15 partner organizations, which includes [...]
Nicola Mining Inc. , is pleased to announce that it has recommenced operations at its gravel pit with its partner Lower Nicola Site Services Ltd. an indirectly majority-owned company which is a partnership between the Lower Nicola Indian Band Development Corporation and Infracon Construction Inc. The gravel pit is located at the Company's Craigmont Mine Site, located approximately 14 kilometers from Merritt, British [...]
Nicola Mining Inc. , is pleased to announce that on March 29, 2022, it successfully received a Notice of Departure at the New Craigmont Project from the Ministry of Energy, Mines and Low Carbon Innovation . The NoD on the Company's M-68 Permit allows for the extraction of up to 3.0 million tonnes of inert available rock material that may be used for the infrastructure reconstruction efforts at a production rate of [...]
Nicola Mining Inc. . Dear Shareholders and Investors, Over the past year, Nicola Mining Inc. has released several news releases providing updates on the Company's New Craigmont copper project , Treasure Mountain silver project , and Dominion Gold project, as well as operations at its Merritt Mill gold and silver milling facility . While the diversity of news may cause confusion as to the Company's near, mid, and long term [...]
Nicola Mining Inc. , is pleased to announce that it has entered into a Rock and Gravel Extraction and Preferential Engagement Agreement with Lower Nicola Site Services Ltd. an indirectly majority-owned company which is a partnership between the Lower Nicola Indian Band Development Corporation and Infracon Construction Inc. The Agreement provides LNSS the exclusive right to extract gravel and rock from the Company's [...]
Nicola Mining Inc. , is pleased to announce that it has completed a second shipment of 196 tonnes of gold and silver concentrate to Ocean Partners UK Limited1 . The tonnage is the single largest shipment of concentrate shipped to port, to date. The material shipped contained an approximate 92 grams gold / tonne and 562 grams silver per tonne. As announced in the December 22, 2021, its Mill Site, which is located between [...]
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 [...]
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