Nicola Mining Inc. , is pleased to announce that it has commenced shipping of concentrate with Ocean Partners UK Limited[1] . 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 . All concentrate assays were completed at Base Met Labs[2], an accredited metallurgical testing facility located in Kamloops, BC. Concentrate grades have increased [...]
Nicola Mining Inc. is pleased to provide an exploration update for its 2021 Exploration Phase I Drill 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 Actlabs and are reported herein. 2021 Phase I Exploration Program The [...]
Nicola Mining Inc. announces that the Evacuation Order , which was issued on August 15, 2021, for the Lower Nicola and Area - EA MN 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 of employees and contractors and continues to closely to monitor wildfire and regional air [...]
Nicola Mining Inc. , announces that an Evacuation Order was issued in the Lower Nicola and Area - EA MN temporarily affecting milling operations at its New Craigmont Project . All workers were safely evacuated from the Property, with the exception of a small number of employees necessary to responsibly ensure safety and environmental protection. The site is well equipped with water and firefighting equipment and there is [...]
Nicola Mining Inc. is pleased to announce that it has commenced processing of gold and silver mill feed at its mill, located near Merritt, British Columbia . The Company will produce a gold and silver concentrate that will be purchased by Ocean Partners UK Limited[2] , a company that provides global trading services to miners, smelters, and refiners. Crushing of mill feed, which was transported to the site by [...]
Nicola Mining Inc. 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, the parties have been able to increase [...]
Nicola Mining Inc. , announces that it has signed an Amended and Restated Mineral Purchase Agreement with High Range Exploration Ltd. to acquire 50% of 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 announced on September 17, 2020 that it had signed a Strategic Milling and Profit Share Agreement with [...]
Nicola Mining Inc. is pleased to announce that it has commenced Phase 1 exploration drilling 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 drilling that primarily targets two magnetic [...]
Nicola Mining Inc. , is pleased to announce that it and Blue Lagoon Resources Inc. have signed an amending agreement to the Milling and Smelting Profit Share Agreement dated March 31, 2017 . The Amending Agreement extends the Original Agreement by two years, through to March 31, 2023. The Amending Agreement comes at a particularly exciting time, as Blue Lagoon has received permission allowing it to extract more than 6,000 [...]
Nicola Mining Inc. , is pleased to announce that it has signed a purchase contract for gold and silver concentrate with Ocean Partners UK Limited1 , a company that provides global trading services to miners, smelters, and refiners. The Purchase Contract also includes a revolving US$500,000 prepayment provision that allows the Company to request an advance prepayment for the purpose of working capital. The Company entered [...]
Nicola Mining Inc. 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 exploration permit that would allow it to move forward on a five-year exploration plan. Additional to the MYAB application, the Company continues to actively [...]
Nicola Mining Inc. , 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 of the Program extended the 2019 and 2020 soil [...]
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