Nicola Mining Inc.

Recent News

  • Nicola Mining Inc. and Osisko Development Corp. Enter into a Mining and Milliing Profit Share Agreement

    Vancouver, British Columbia--(Newsfile Corp. - January 9, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI), (the "Company" or "Nicola") is pleased to announce that it and Osisko Development Corp. (NYSE: ODV) (TSXV: ODV) ("Osisko") have signed a Mining and Milling Profit Share Agreement (the "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 the...

    2023-01-09 9:00 AM EST
  • Nicola Mining Announces Repayment of Prepayment to Ocean Partners

    Vancouver, British Columbia--(Newsfile Corp. - December 29, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF), (the "Company" or "Nicola") announces that it has repaid in full the US$750,000 (C$1,028, 475) Prepayment Facility to Ocean Partners UK Limited1 ("Ocean Partners"). 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 and expect...

    2022-12-29 9:00 AM EST
  • Nicola Provides Year in Review: 2022

    Vancouver, British Columbia--(Newsfile Corp. - December 20, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola") 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 it had completed shipment of...

    2022-12-20 9:00 AM EST
  • Nicola Mining Inc. And Osisko Development Corp Sign Memorandum of Understanding

    Vancouver, British Columbia--(Newsfile Corp. - December 2, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola") is pleased to announce that it and Osisko Development Corp (NYSE: ODV) (TSXV: ODV) ("Osisko") have signed a Memorandum of Understanding ("MOU") for the processing of gold mill feed currently stock piled at Osisko's site, located in the Cariboo Mining District in east-central BC, east and southeast of the City of Quesnel. The gold mill feed originates...

    2022-12-02 9:00 AM EST
  • Nicola Mining Receives Multi-Year Area Based Exploration Permit for Its Flagship Copper Project New Craigmont Property

    Vancouver, British Columbia--(Newsfile Corp. - November 21, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola Mining") is pleased to announce that it has received a multi-year area-based exploration permit, Permit Number MX-4-697 (the "MYAB Permit[1]"), on November 3, 2022. The MYAB Permit allows Nicola to conduct extensive copper exploration on its wholly-owned New Craigmont Property (the "Property"), which is located adjacent to Teck Resources Ltd.'s Highland Valley Copper, Canada's largest copper mine, thro

    2022-11-21 9:05 AM EST
  • Nicola Mining Provides Exploration Update Including Results from Recently Completed ZTEM Survey

    Vancouver, British Columbia--(Newsfile Corp. - September 13, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola Mining") is pleased to announce the completion of a district-wide airborne geophysical survey and related inversion modeling results carried out across its wholly owned New Craigmont Property (the "Property"), which is located in Central British Columbia. The Z-axis Tipper Electromagnetic ("ZTEM") survey has imaged the electrical conductivity signature of known mineral occurrences ("MINFILEs1") in th

    2022-09-13 8:50 AM EDT
  • Nicola Mining Completes Partial Prepayment of Outstanding Debenture and Encouraging Initial ZTEM Results

    Vancouver, British Columbia--(Newsfile Corp. - July 12, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF), (the "Company" or "Nicola") announces that it has completed a prepayment of 20% (the "Prepayment") of the outstanding principal, as well as interest, of the debenture due November 21, 2022. The Company prepaid $1,329,176 of the principal and $81,936 in accrued interest of the $6,942,882 outstanding principal. The remaining principal of the debenture is now $5,613,706. Approximately 89% of...

    2022-07-12 4:10 PM EDT
  • Nicola Mining Announces Partnership with the University of British Columbia to Explore for Porphyry Targets at New Craigmont Copper Project

    Vancouver, British Columbia--(Newsfile Corp. - June 29, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI), (the "Company" or "Nicola") is pleased to announce that it has entered into a funding agreement with the University of British Columbia's ("UBC") and UBC Mineral Deposit Research Unit ("MDRU") 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...

    2022-06-29 8:50 AM EDT