Nicola Mining Drills 53.0 Metres of over 1.0% Copper and Confirms near Surface Copper in MARB / CAS Zones
Vancouver, British Columbia--(Newsfile Corp. - February 20, 2025) - Nicola Mining Inc. (TSX: NIM) (OTCQB: HUSIF) (FSE: HLIA) (the "Company" or "Nicola") has completed drilling (totaling 4874m and 14 holes; Table 1) and is pleased to provide updates on its highly successful 2024 Drilling Exploration Program (the "2024 Program")1 at its New Craigmont Copper Project, near Merritt, BC. Intervals of significant copper mineralization are presented in Table 2. Table 1. 2024 Drill Holes*
2025-02-20 9:00 AM EST
Nicola Mining Letter to Shareholders
Vancouver, British Columbia--(Newsfile Corp. - December 18, 2024) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) (the "Company" or "Nicola") Dear Shareholders and Investors, Nicola Mining Inc. (the "Company" or "Nicola") is pleased to provide its "Year in Review: 2024", with the hope that it provides additional clarity on several key milestones that were achieved and insight into what looks to be an exciting 2025. Corporately, the began with the Company announcing that solid...
2024-12-18 9:00 AM EST
Nicola Mining Provides Updates on Exploration, Operations and Announces Closing of Flow-Through Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 4, 2024) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) (the "Company" or "Nicola"), has completed drilling (totaling 4872m and 14 holes) and is pleased to provide updates on its 2024 drilling exploration program (the "2024 Program")1 at its New Craigmont Copper Project, near Merritt, B.C. The first phase of the 2024 Program at the never-before-drilled West Craigmont-WP target totaled ~1829.70m, with initial findings...
2024-12-04 9:00 AM EST
Nicola Mining Provides Operations and Exploration Update
Vancouver, British Columbia--(Newsfile Corp. - October 23, 2024) - Nicola Mining Inc. (TSX: NIM) (OTCQB: HUSIF) (FSE: HLIA) (the "Company" or "Nicola") is pleased to announce that it has shipped concentrate produced jointly with Talisker Resources Ltd. (TSX: TSK) (OTCQX: TSKFF) ("Talisker"). The initial shipment of concentrate was for approximately 55 dry tonnes (64 wet tonnes) that contained an estimated grade of 97.75 grams gold per tonne. The Company is also pleased that concentrate grades...
2024-10-23 9:00 AM EDT
Nicola Mining Provides Operations and Exploration Update
Vancouver, British Columbia--(Newsfile Corp. - August 30, 2024) - Nicola Mining Inc. (TSXV: NIM) (OTCQB: HUSIF) (FSE: HLIA) (the "Company" or "Nicola") is pleased to provide updates on operations and exploration at its Merritt Mill, New Craigmont Copper Project and Treasure Mountain Mine. Merritt Mill The Company continues to produce gold concentrate with mill feed from Talisker Resources Ltd. (TSX: TSK) (OTCQX: TSKFF) ("Talisker"), as announced on April 9, 2024. Because Bralorne mill feed...
2024-08-30 9:00 AM EDT
Nicola Mining Commences Gold Concentrate Production, Commences Diamond Drilling and Engages Red Cloud Financial Services
Vancouver, British Columbia--(Newsfile Corp. - July 18, 2024) - Nicola Mining Inc. (TSXV: NIM) (OTCQB: HUSIF) (FSE: HLIA) (the "Company" or "Nicola") is pleased to announce that it has commenced processing gold mill feed from Talisker Resources Ltd. (TSX: TSK) (OTCQX: TSKFF) ("Talisker"). The Company has also completed further upgrades to the mill that include: Water Recirculation System: Installation of a water recirculation system between the mill and lined tailings facility that...
2024-07-18 9:00 AM EDT
Nicola Mining Announces Completion of 3D IP Survey and Commencement of Exploration Drilling at the New Craigmont Copper Project
Vancouver, British Columbia--(Newsfile Corp. - July 3, 2024) - Nicola Mining Inc. (TSXV: NIM) (the "Company" or "Nicola") is pleased to announce the completion of a 3D induced polarization survey ("3D IP Survey"). Based on 3D IP Survey results the Company is in the process of commencing of its 2024 diamond drilling program ("Program") at the New Craigmont Copper Project ("New Craigmont"), situated approximately 11 kilometres from Merritt, BC and adjacent to Teck Resources Ltd.'s Highland...
2024-07-03 9:00 AM EDT
Nicola Mining and High Range Exploration Commence Work at Dominion Creek High Grade Gold / Silver Project
Vancouver, British Columbia--(Newsfile Corp. - June 3, 2024) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola") is pleased to announce that it has forwarded funds to High Range Exploration ("High Range") allowing the latter to commence road work at the Dominion Creek Gold / Silver Project ("Dominion"). Nicola forwarded High Range $50,000 on May 24th, 2024, to expedite road work, which is expected to augment bulk sample1 exploration work upon receipt of a...
2024-06-03 9:00 AM EDT
Nicola Mining Announces Commencement of 3D IP Survey at New Craigmont Copper Project
Vancouver, British Columbia--(Newsfile Corp. - May 13, 2024) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (the "Company" or "Nicola") is pleased to announce the commencement of a 3D induced polarization survey ("3D IP Survey") at the New Craigmont Copper Project ("New Craigmont"), situated approximately 11 kilometres from Merritt, BC and adjacent to Teck Resources Ltd.'s Highland Valley Copper, Canada's largest open-pit copper mine. As previously announced in the Company's Feb. 21, 2024 news...
2024-05-13 4:00 PM EDT
Nicola Mining Inc. and Talisker Resources Ltd. Enter into Milling Agreement
Vancouver, British Columbia--(Newsfile Corp. - April 9, 2024) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA), (the "Company" or "Nicola") is pleased to announce that on April 1, 2024, it and Talisker Resources Ltd. (TSX: TSK) (OTCQX: TSKFF) (“Talisker”) have signed a Milling Agreement (the “Agreement”). Under the Agreement, Talisker may transport material to Nicola's mill site, located near Merritt, British Columbia. Nicola's Merritt Mill is a unique $30.0 million plus milling and processing...
2024-04-09 9:00 AM EDT
Nicola Mining and Lower Nicola Site Services Commence Construction of Cement Plant to Service Infrastructure Projects
Vancouver, British Columbia--(Newsfile Corp. - April 5, 2024) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) (the "Company" or "Nicola") announces that it has commenced construction of a cement plant along with its partner Lower Nicola Site Services Ltd ("LNSS"), which is a partnership between the Lower Nicola Indian Band Development Corporation and Infracon Construction Inc. The Company announced on March 14, 2022, that it had entered into a Rock and Gravel Extraction and...
2024-04-05 9:00 AM EDT
Nicola Mining Inc. Engages Dias Geophysical to Conduct IP Survey at New Craigmont Copper Project
Vancouver, British Columbia--(Newsfile Corp. - February 21, 2024) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) (the "Company" or "Nicola") is pleased to announce that it has contracted Dias Geophysical ("Dias") to conduct a 3D Induced Polarization survey ("IP survey") at its wholly-owned New Craigmont Copper Project ("New Craigmont"), which is located near Merritt, B.C. and adjacent to Teck Resources' Highland Valley Copper[1], Canada's largest copper mine. The IP Survey,...
2024-02-21 9:00 AM EST
Nicola Mining Announces Prepayment of Convertible Debentures
Vancouver, British Columbia--(Newsfile Corp. - December 29, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF), (the "Company" or "Nicola") announces that it has agreed with certain debenture holders to prepay 22% of the current principal amount of $5,296,706 (the "Principal Prepayment Amount") of certain convertible debentures (each, a "Debenture") maturing on November 21, 2025 (the "Maturity Date"), pay a prepayment premium of 10% of the Principal Prepayment Amount and prepay...
2023-12-29 9:00 AM EST
Nicola Mining 2023 Drilling Program at New Craigmont Copper Project Reveals Significant Porphyry-style Alterations
Vancouver, British Columbia--(Newsfile Corp. - December 21, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company") announces the completion of its 2023 drilling exploration program (the "2023 Program") at the New Craigmont Copper Project ("New Craigmont"), a wholly owned venture located near Merritt, BC, and 33 km south of Teck Resources Ltd.'s Highland Valley Copper, Canada's largest open pit copper mine. The Company initiated the 2023 Program on June 6, 2023,...
2023-12-21 9:00 AM EST
Nicola Provides Year in Review: 2023
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSID) (the "Company" or "Nicola") is pleased to provide its "Year in Review: 2023", with the hope of providing additional clarity on several key milestones that were achieved in 2023. In addition to highlighting the significance of noteworthy events, we are hopeful that this letter can provide clarity on key news releases and insight into next year. Financially the Company...
2023-12-11 9:00 AM EST
Nicola Mining Inc. Provides Update on Letter of Intent with Nitettsu Mining
Vancouver, British Columbia--(Newsfile Corp. - November 28, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI), (the "Company" or "Nicola") announces the suspension to the process of entering into a definitive agreement with Nittetsu Mining Co. Ltd. ("Nittetsu") with respect of the Company's wholly-owned New Craigmont Copper Property (the "Property"). The Company announced that it had entered into a non-binding letter of intent ("LOI") on September 6, 2023, which was subsequently followed by a...
2023-11-28 8:00 AM EST
Nicola Mining Inc. Signs Letter of Intent with Nittetsu Mining Co. Ltd. for Exploration at New Craigmont Copper Project
Vancouver, British Columbia--(Newsfile Corp. - September 6, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI), (the "Company" or "Nicola") is pleased to announce that it has signed a non-binding letter of intent ("LOI") with Nittetsu Mining Co. Ltd. ("Nittetsu")1, a public arm's length company based in Japan, whereby Nicola would agree to establish a joint venture entity with Nittetsu in respect of the Company's wholly-owned New Craigmont Copper Project (the "Project") in exchange for the...
2023-09-06 11:00 AM EDT
Nicola Mining and High Range Submit Bulk Sample Permit Application and Commence Road Work at the High-Grade Dominion Creek Gold Project
Vancouver, British Columbia--(Newsfile Corp. - August 3, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (the "Company" or "Nicola") is pleased to provide the following updates on the Dominion Creek Property (the "Gold Project"), 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. ("High Range"). Strategic...
2023-08-03 9:00 AM EDT
Nicola Mining Inc. Ships Concentrate Produced Jointly with Osisko Development and Commences Joint Exploration Preparations with UBC
Vancouver, British Columbia--(Newsfile Corp. - July 5, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola") is pleased to announce that it has commenced shipping of concentrate produced jointly with Osisko Development Corp. (NYSE: ODV) (TSXV: ODV) ("Osisko"). 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...
2023-07-05 12:00 PM EDT
Nicola Mining Has Commenced Diamond Drilling at Its Flagship New Craigmont Copper Project
Vancouver, British Columbia--(Newsfile Corp. - June 6, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola") announces that it has commenced a diamond drilling exploration program (the "2023 Program") at its wholly-owned New Craigmont Copper Project ("New Craigmont"), located near Merritt, BC, and 33 km south of Teck Resources Ltd.'s Highland Valley Copper, Canada's largest copper mine. The Company announced in its May 2, 2023 news release, that it had...
2023-06-06 9:00 AM EDT