Nicola Mining Inc. CEO Letter to Shareholders
Vancouver, British Columbia--(Newsfile Corp. - March 25, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI). Dear Shareholders and Investors, Over the past year, Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (the "Company" or "Nicola") has released several news releases providing updates on the Company's New Craigmont copper project (the "New Craigmont"), Treasure Mountain silver project ("Treasure Mountain"), and Dominion Gold project, as well as operations at its Merritt Mill gold and silver...
2022-03-25 8:50 AM EDT
Nicola Mining Enters into Agreement with Lower Nicola Site Services Ltd., a Company Affiliated with the Lower Nicola Indian Band
Vancouver, British Columbia--(Newsfile Corp. - March 14, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI), (the "Company" or "Nicola") is pleased to announce that it has entered into a Rock and Gravel Extraction and Preferential Engagement Agreement (the "Agreement") with Lower Nicola Site Services Ltd. ("LNSS") 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...
2022-03-14 8:58 AM EDT
Nicola Mining Inc. Ships Its Largest Shipment of Gold and Silver Concentrate to Port
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI), (the "Company" or "Nicola") is pleased to announce that it has completed a second shipment of 196 tonnes (175 dry metric tonnes) of gold and silver concentrate to Ocean Partners UK Limited1 ("Ocean Partners"). 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...
2022-02-24 9:05 AM EST
Nicola Mining Provides Exploration Updates for New Craigmont and Treasure Mountain Projects and Operational Update for Merritt Mill
Vancouver, British Columbia--(Newsfile Corp. - January 20, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI), (the "Company" or "Nicola") is pleased to provide a preliminary 2022 exploration plan ("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...
2022-01-20 8:00 AM EST
Nicola Mining Lists on OTCQB and Receives DTC Eligibility
Vancouver, British Columbia--(Newsfile Corp. - November 3, 2021) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (the "Company" or "Nicola") is pleased to announce that it has obtained Depository Trust Company[1] ("DTC") 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. (the "OTCQB") under the ticker HUSIF. The Company retained the financial consultant...
2021-11-03 8:02 AM EDT
Nicola Mining Announces Repayment of Prepayment to Ocean Partners and Closing of Flow Through Financing
Vancouver, British Columbia--(Newsfile Corp. - October 14, 2021) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI), (the "Company" or "Nicola") announces it has repaid in full the $250,000 Prepayment Facility ("Prepayment") to Ocean Partners UK Limited[1] ("Ocean Partners"). 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...
2021-10-14 8:50 AM EDT
Malcolm Swallow to Join Nicola Mining's Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - October 5, 2021) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (the "Company" or "Nicola") 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...
2021-10-05 8:50 AM EDT
Nicola Mining Inc. Ships Second Shipment of Gold and Silver Concentrate
Vancouver, British Columbia--(Newsfile Corp. - September 16, 2021) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (the "Company" or "Nicola") 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 ("Ocean Partners"). On August 31, 2021, the Company announced its first shipment, which produced via a partnership with Blue Lagoon Resources Inc. (CNSX: BLLG). Combined with the initial concentrate shipment, the...
2021-09-16 8:50 AM EDT
Nicola Mining Inc. Ships and Receives Payment for Concentrate Produced Jointly with Blue Lagoon Resources
Vancouver, British Columbia--(Newsfile Corp. - August 31, 2021) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI), (the "Company" or "Nicola") is pleased to announce that it has commenced shipping of concentrate with Ocean Partners UK Limited[1] ("Ocean Partners"). 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 (See Diagram 1). All concentrate assays were completed at Base Met Labs[2], an accredited...
2021-08-31 12:06 PM EDT
Nicola Mining Inc. Provides Exploration Update
Vancouver, British Columbia--(Newsfile Corp. - August 27, 2021) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI), (the "Company" or "Nicola") is pleased to provide an exploration update for its 2021 Exploration Phase I Drill Program ("Phase I Program") on its wholly owned New Craigmont property. The focus of Phase I was to test targets defined by magnetic anomalies located lateral and adjacent to the historic Craigmont Copper Mine. Results from Phase I drilling have recently been received from...
2021-08-27 9:05 AM EDT
Nicola Mining Inc. Resumes Operations at New Craigmont Project
Vancouver, British Columbia--(Newsfile Corp. - August 23, 2021) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (the "Company" or "Nicola") announces that the Evacuation Order (the "Order"), which was issued on August 15, 2021, for the Lower Nicola and Area - EA MN (Beautiful Nicola Valley - North) has been downgraded to evacuation alert The Order temporarily affected gold and silver milling operations at the Company's New Craigmont Project. Nicola is committed to protecting the health and safety...
2021-08-23 9:15 AM EDT
Nicola Mining Inc. Provides Update on Evacuation Order and Operations
Vancouver, British Columbia--(Newsfile Corp. - August 19, 2021) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI), (the "Company" or "Nicola") announces that an Evacuation Order (the "Order") was issued in the Lower Nicola and Area - EA MN (Beautiful Nicola Valley - North) temporarily affecting milling operations at its New Craigmont Project (the "Property"). All workers were safely evacuated from the Property, with the exception of a small number of employees necessary to responsibly ensure safety...
2021-08-19 10:19 AM EDT
Nicola Mining Inc. Commences Mill Processing to Become Canada's Newest Gold - Silver Producer[1]
Vancouver, British Columbia--(Newsfile Corp. - July 9, 2021) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (the "Company" or "Nicola") is pleased to announce that it has commenced processing of gold and silver mill feed at its mill, located near Merritt, British Columbia ("BC"). The Company will produce a gold and silver concentrate that will be purchased by Ocean Partners UK Limited[2] ("Ocean Partners"), a company that provides global trading services to miners, smelters, and refiners....
2021-07-09 9:05 AM EDT
Nicola Nears Final Mill Preparation, Increased Gold Mill Feed Deliveries, and Engages Vesta Filipchuk for ESG Initiatives
Vancouver, British Columbia--(Newsfile Corp. - June 25, 2021) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (the "Company" or "Nicola") is pleased to announce that it has nearly completed mill upgrades and secured spare parts prior to recommencing milling operations. In its May 5, 2021 press release, the Company announced that it had extended the Gold and Silver Profit Share Agreement with Blue Lagoon and received its first shipment from the Dome Mountain Mine. With the end of spring runoff,...
2021-06-25 7:59 AM EDT
Nicola Mining Inc. Obtains Extension to Mineral Purchase Agreement to Acquire 50% of Dominion Creek Gold Project
Vancouver, British Columbia--(Newsfile Corp. - June 2, 2021) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI), (the "Company" or "Nicola") announces that it has signed an Amended and Restated Mineral Purchase Agreement (the "Amended Mineral Purchase Agreement") with High Range Exploration Ltd. ("High Range") to acquire 50% of 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...
2021-06-02 9:03 AM EDT
Nicola Mining Commences Phase 1 Exploration at the New Craigmont Copper Project
Vancouver, British Columbia--(Newsfile Corp. - May 12, 2021) - Nicola Mining Inc. (TSXV: NIM) (the "Company" or "Nicola") is pleased to announce that it has commenced Phase 1 exploration drilling ("Phase 1") at its 100% owned New Craigmont Copper Project, located near Merritt, BC, and 33 km south of the Highland Valley porphyry district. The Company announced its 2021 exploration objectives in its January 18, 2021 news release. Phase 1 will be composed of approximately 2,000m of diamond...
2021-05-12 9:30 AM EDT
Nicola Mining Inc. Extends Gold and Silver Profit Share Agreement with Blue Lagoon for Dome Mountain Mine and Receives First Shipment
Vancouver, British Columbia--(Newsfile Corp. - May 5, 2021) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI), (the "Company" or "Nicola") is pleased to announce that it and Blue Lagoon Resources Inc. (CSE: BLLG) have signed an amending agreement (the "Amending Agreement") to the Milling and Smelting Profit Share Agreement dated March 31, 2017 (the "Original Agreement"). The Amending Agreement extends the Original Agreement by two years, through to March 31, 2023. The Amending Agreement comes at a...
2021-05-05 9:05 AM EDT
Nicola Mining Signs Purchase Contract for Gold and Silver Concentrate with Ocean Partners Holdings
Vancouver, British Columbia--(Newsfile Corp. - April 30, 2021) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI), (the "Company" or "Nicola") is pleased to announce that it has signed a purchase contract (the "Purchase Contract") for gold and silver concentrate with Ocean Partners UK Limited1 ("Ocean Partners"), a company that provides global trading services to miners, smelters, and refiners. The Purchase Contract also includes a revolving US$500,000 prepayment provision (the "Prepayment") that...
2021-04-30 9:10 AM EDT
Nicola Mining Announces 2021 Exploration Objectives at New Craigmont Copper Project
Vancouver, British Columbia--(Newsfile Corp. - January 18, 2021) - Nicola Mining Inc. (TSXV: NIM) (the "Company" or "Nicola") is pleased to provide a 2021 exploration outline at its wholly-owned New Craigmont Copper Project, located near Merritt, BC, and 33 km south of the Highland Valley Copper porphyry district. In 2020, the Company filed for a multi-year area-based ("MYAB") exploration permit that would allow it to move forward on a five-year exploration plan. Additional to the MYAB...
2021-01-18 9:30 AM EST
Nicola Mining Announces Results of Phase Two Soil Samples at Treasure Mountain and Completion of the 2020 Exploration Program
Vancouver, British Columbia--(Newsfile Corp. - December 22, 2020) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI), (the "Company" or "Nicola") is pleased to announce that it has received assay results from 167 soil samples collected during Phase Two of the 2020 Program[1] at its wholly owned Treasure Mountain Property, a fully-permitted high grade silver mine located approximately 90 minutes to its Craigmont Mill. The soil samples were consistently collected from the B-horizon. The Second Phase...
2020-12-22 9:10 AM EST