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Bullboard - Investor Discussion Forum 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... see more

TSXV:NIM - Post Discussion

Nicola Mining Inc > NICOLA buys 90+% of Blue Lagoon's share offering
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Post by pogohere on Jan 17, 2024 3:01pm

NICOLA buys 90+% of Blue Lagoon's share offering

VANCOUVER, BC / ACCESSWIRE / January 17, 2024 / Blue Lagoon Resources Inc. (the "Company") (CSE:BLLG)(FSE:7BL)(OTCQB:BLAGF) is pleased to announce that the Company has closed a non-brokered, oversubscribed, private placement offering of 7,857,857 common shares of the Company at a price of $0.14 per share for gross proceeds of $1,100,100 (the "Private Placement"), with more than 90% of the offering taken by the Company's toll milling partner, Nicola Mining Inc., that operates a state of the art milling facility in Merritt, B.C.

https://finance.yahoo.com/news/blue-lagoon-toll-mill-partner-190000870.html
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Investor Presentation

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Investment Opportunity

Potential to increase the size of ball mill up to 500 tonnes a day, from its current capacity of 200 tonnes, optimizing performance due to demand.


Highest Concentration of Cu in Soils Collected at the Craigmont Property

  • Mining And Milling Profit Share Agreement with Osisko Development Corp
  • Only Facility in BC Permitted to Accept Third Party Gold and Silver Mill Feed

Mining And Milling Profit Share Agreement with Osisko Development Corp

  • Only Facility in BC Permitted to Accept Third Party Gold and Silver Mill Feed

Finalizing 2023 plans for the first stage of exploration at our flagship property, New Craigmont Copper Project


The Top Line: Peter Espig, CEO

Nicola Mining: Company Overview

Merritt Mill Facility Drone Video

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