Nicola Mining Inc V.NIM

Alternate Symbol(s): HUSIF

Metals & Mining Industrial Metals & Minerals

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. Its fully permitted mill can process both gold and silver mill feed via gravity and flotation processes. The Company owns 100% of the New Craigmont Project, a high-grade copper property, which is composed of 10 mineral leases and 22 mineral claims covering an area of over 10,800 hectares (ha) along the southern end of the Guichon Batholith and is adjacent to Highland Valley Copper. The Craigmont Property is located over 14 kilometers (km) northwest of Merritt and 190 km northeast of Vancouver. The Company also owns 100% of the Treasure Mountain Silver Property, which includes 30 mineral claims and a mineral lease, spanning an area exceeding 2,200 hectares. The Treasure Mountain mine property is located within the Similkameen Mining Division in British Columbia.

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Nicola Mining Inc

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Post by GUNSSon Mar 09, 2017 11:03am

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Post# 25957207

Feature Article, a Good One!

Feature Article Nicola Mining

Quote,

"Nicola’s Merritt Mill is not just a $30 million+ (invested capital) 200 tpd processing facility, it’s the only Mill in BC allowed to accept feed from anywhere in the Province, and in many cases the ONLY place otherwise stranded mines can send ore. Therefore, on both an operating basis (cash flow multiple) analysis (see above), and on replacement value, the Mill more than covers the entire market cap of the Company. That means an investor today gets Thule Copper & Treasure Mountain for Free."