Nicola Mining Inc. is pleased to provide the following updates on 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 has previously announced two key agreements that it has entered in with High Range Exploration Ltd. . Strategic [...]
Nicola Mining Inc. is pleased to announce that it has commenced shipping of concentrate produced jointly with Osisko Development Corp. . To date approximately 160 dry metric tonnes of gold concentrate grading an estimated 90 g/t Au have been shipped from site. The Company has secured an offtake agreement1 with Ocean Partners UK Limited2 to sell the [...]
Nicola Mining Inc. , is please to announce that it and Blue Lagoon Resources Inc. have signed a second amending agreement to the Original Agreement 1 and Amending Agreement, the latter which was described in the Company's May 5, 2021 news release. The extension now extends to March 31, 2027, and includes certain adjusted terms that were agreed upon [...]
Nicola Mining Inc. is pleased to announce that it has finalized its 2023 diamond drilling exploration planning at its wholly-owned New Craigmont Copper Project , located near Merritt, BC, and 33 km south of Teck Resources Ltd.'s Highland Valley Copper, Canada's largest open pit copper mine. Drilling is expected to commence mid-May and the Company [...]
Nicola Mining Inc. , is pleased to announce that it has completed mill upgrades and has commenced milling operations with material supplied from Osisko Development Corp. . The Company announced in its January 9, 2023 news release that the two parties had signed a Mining and Milling Profit Share Agreement . The Company has noticed a significant [...]
Nicola Mining Inc. , is pleased to announce that the TSX Venture Exchange has accepted its Notice of Intention to Make a Normal Course Issuer Bid which shall commence on March 15, 2023 and terminate on August 15, 2023, or such earlier date if the maximum number of shares are purchased. At the opening of the stock market on today's date, the Company [...]
Nicola Mining Inc. is pleased to announce soil geochemistry results collected from the WP area at the New Craigmont Property. The WP Zone consists of sheared, brecciated, and mineralized Nicola Group volcanic rocks with associated chalcopyrite, pyrite, and specularite. Previous chip channel sampling by Nicola Mining returned values of 0.37% Cu over [...]
Nicola Mining Inc. , is pleased to announce that Brent Omland, co-CEO of Ocean Partners1, has joined the Company's Board of Directors. Ocean Partners delivers trading services to miners, smelters, and refiners by applying technical, commercial, financial, and political insight, bringing expertise in every aspect of the business. Brent Omland has [...]
Nicola Mining Inc. , is pleased to announce completing final preparations to commence operations in Q1 of 2023. Currently, the Company has received in excess of 15,000 tonnes of gold mill feed from Osisko Development Corp.'s. Cariboo Gold Project. The Company has hired employees to fill key positions required for gold production. See photos of [...]
Nicola Mining Inc. , is pleased to announce that it and Osisko Development Corp. have signed a Mining and Milling Profit Share Agreement . Under the Agreement, Osisko may transport material to Nicola's mill site, located near Merritt, British Columbia. Nicola's Merritt Mill site is a unique milling and processing facility because the Company owns [...]
Nicola Mining Inc. , announces that it has repaid in full the US$750,000 Prepayment Facility to Ocean Partners UK Limited1 . Repayment funds were derived from operating cash flow at the Company's Craigmont Mill site, located near Merritt, British Columbia. Peter Espig, CEO of Nicola, commented, "We continue to make headways on our corporate goals [...]
Nicola Mining Inc. is providing "Year in Review: 2022", with the hope that it provides additional clarity on several key milestones that were achieved in 2022. In addition to highlighting the significance of noteworthy events, we are hopeful that this letter provides insight into our plans for 2023. The year began with the Company announcing that [...]