VANCOUVER, British Columbia, Nov. 08, 2017 (GLOBE NEWSWIRE) -- Nicola Mining Inc. (TSX-V:NIM) (the “Company” or “Nicola”) is pleased to announce that it has entered into a Mining and Milling Profit Share Agreement (the “AMA Agreement”) with AMA Gold Exploration (“AMA” or the “Miner”). AMA [...]
Nicola Mining announces that it intends to amend the secured convertible debentures in the aggregate principal amount of $7,000,882 issued to certain subscribers as previously announced in its News Releases of November 24, 2014, August 25, 2014 and August 8, 2014. In connection with the issuance of the Debentures, the Company also issued 7,000,882 [...]
Nicola Mining is pleased to announce that it has commenced its 2017 Exploration Program. The Company owns 100% of the New Craigmont Property, also referred to as Thule Copper, which is located adjacent to Highland Valley Copper and the site of the historic Craigmont Mine. The 2017 Program will focus on the following:
Nicola Mining is pleased to announce the results of a Reverse Circulation drill program. The program was designed to evaluate the copper grade and volume of historical material excavated from underground workings of the Craigmont Mine, located near Merritt. The material is located adjacent to the 3060-Portal (figure 1). Results of the RC Program [...]
Nicola Mining is pleased to announce that it has entered into thirty-year ash management contract ith Merritt Operations Services Limited Partnership. MOSLP is a partnership backed by a global leader in optimized resource management, focused on supplying the Thompson Nicola Region clean electrical power by operating a sustainable 40-megawatt [...]
Nicola Mining is pleased to announce results of an Induced Polarization (IP) geophysical survey over Promontory Hill, an area of high interest on the Company’s wholly-owned New Craigmont Project and located southwest of the Craigmont pit. The New Craigmont Project that the Company had previously referred to as Thule Copper is the site of the [...]
VANCOUVER, BROTISH COLUMBIA--(Marketwired - Apr 6, 2017) - Nicola Mining Inc. (the "Company" or "Nicola") (TSX VENTURE:NIM) is pleased to announce that it has entered into a long-term Mining and Milling Profit Share Agreement ("LT Agreement") with Gavin Mines Inc. ("Gavin Mines"). On May 31, 2016, the Company announced that it had entered into a [...]
Nicola Mining is pleased to announce results of historic and resampled diamond drill core from hole S-100. Hole S-100 was originally drilled in January 1978 on the Embayment target located on the Thule property 10 km west of Merritt, B.C. Early in January 2017, Nicola Mining geologists re-sampled S-100, an historic surface drill hole from the [...]
Nicola Mining is pleased to announce that it has shipped to MRI Trading Ag, 296.35 dry metric tonnes of gold and silver concentrate grading 97.116 grams Au and 535.491 grams Ag per tonne, for an aggregate total of approximately 28,780.49 grams Au and 158,694.1 grams Ag. The source of the mill feed that produced the concentrate is from Gavin Mines [...]
Nicola Mining is pleased to announce that it has completed its non-brokered private placement as further described in its news release of December 2, 2016. In connection with the closing of the Financing, the Company sold an aggregate of 3,500,000 units at a price of $0.20 per Unit for gross proceeds of $700,000. Each Unit consists of one common [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 3, 2016) - Nicola Mining Inc. (TSX VENTURE:NIM) (the "Company") is pleased to announce that it has entered into an Exploration and Material Purchase Agreement (the "Agreement") with Teck Highland Valley Copper Partnership ("HVCP"), a wholly owned subsidiary of Teck Resources Ltd.. [...]
VANCOUVER, B.C. / TheNewswire / September 7, 2016 - Nicola Mining Inc. (TSXV: NIM) (the "Company" or "Nicola") is pleased to report that significant copper mineralization has been intersected on the Thule Copper Property located 14 km northwest of Merritt, British Columbia. The Thule Copper Property covers 10,084 hectares along the southern end of [...]