Nicola Mining Inc. , has completed drilling and is pleased to provide updates on its 2024 drilling exploration 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 reported in the August 30, 2024 Operations [...]
Nicola Mining Inc. is pleased to announce that it has shipped concentrate produced jointly with Talisker Resources Ltd. . The initial shipment of concentrate was for approximately 55 dry tonnes that contained an estimated grade of 97.75 grams gold per tonne. The Company is also pleased that concentrate grades have increased during the milling [...]
Nicola Mining Inc. 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. , as announced on April 9, 2024. Because Bralorne mill feed contains free gold, Nicola [...]
Nicola Mining Inc. is pleased to announce that it has commenced processing gold mill feed from Talisker Resources Ltd. . 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 significantly decreases water [...]
Nicola Mining Inc. is pleased to announce the completion of a 3D induced polarization survey . Based on 3D IP Survey results the Company is in the process of commencing of its 2024 diamond drilling program at the New Craigmont Copper Project , situated approximately 11 kilometres from Merritt, BC and adjacent to Teck Resources Ltd.'s Highland [...]
Nicola Mining Inc. is pleased to announce that it has forwarded funds to High Range Exploration allowing the latter to commence road work at the Dominion Creek Gold / Silver Project . 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 Bulk Sample [...]
Nicola Mining Inc. is pleased to announce the commencement of a 3D induced polarization survey at the New Craigmont Copper Project , 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 [...]
Nicola Mining Inc. , is pleased to announce that on April 1, 2024, it and Talisker Resources Ltd. have signed a Milling 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 facility constructed on [...]
Nicola Mining Inc. announces that it has commenced construction of a cement plant along with its partner Lower Nicola Site Services Ltd , 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 [...]
Nicola Mining Inc. is pleased to announce that it has contracted Dias Geophysical to conduct a 3D Induced Polarization survey at its wholly-owned New Craigmont Copper Project , which is located near Merritt, B.C. and adjacent to Teck Resources' Highland Valley Copper[1], Canada's largest copper mine. The IP Survey, targeted for late April / early May [...]
Nicola Mining Inc. , announces that it has agreed with certain debenture holders to prepay 22% of the current principal amount of $5,296,706 of certain convertible debentures maturing on November 21, 2025 , pay a prepayment premium of 10% of the Principal Prepayment Amount and prepay interest on the Debentures to the Maturity Date. The Company [...]
Nicola Mining Inc. announces the completion of its 2023 drilling exploration program at the New Craigmont Copper Project , 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, drilling six [...]