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Nicola Mining Inc V.NIM

Alternate Symbol(s):  HUSIF

Nicola Mining Inc. is a Canada-based junior mining company. The Company maintains a 100% owned mill and tailings facility, located near Merritt, British Columbia. The Company owns 100% of the New Craigmont Project, a high-grade copper property, which covers an area of approximately 10,913 hectares (ha) along the southern end of the Guichon Creek Batholith and is adjacent to Teck Resources Ltd.'s Highland Valley Copper. The Company also owns 100% of the Treasure Mountain Property, which comprises approximately 51 mineral tenures, 21 legacy claims: 100 cell units, and five crown grants for a total of approximately 2,850 ha. The Company’s Merritt Mill Property is host to an active run gravel pit, which is located on District Lot 4234. Situated in the heart of the Thompson-Okanagan mining district, the Merritt mill and tailings site consists of approximately 980 acres of fee simple land. The Company also maintains a 75% economic interest in the Dominion Creek Property.


TSXV:NIM - Post by User

Comment by NOAHLOTYOon Aug 15, 2021 6:33am
276 Views
Post# 33707073

RE:PR quality is nice but....

RE:PR quality is nice but....Choco-laty/ Blue Lagoon Mining has raised multi millions to get their Dome Mine operatig. There is ONE mill perrmitted in BC, which is Nicola's state of the art $30 million mill. So this is the answer to "how are they going togenerate cash. cOULD DO $10 MILLION/ per year for it's deal with Blue Lagoon. As I write Nicola is working on milling 600 tons of old stock pile, as a test run. To get a monthly run, Blue Lagoon has to make everyone very happy. I would think the stats on this 600 ton run should be soon. But mining pushes hard to get one to unload "a dog of a stock" . This is a 10 bagger if the precious metals get "frisky" 
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