Ships Its Largest Shipment of Gold and Silver Concentrate Vancouver, British Columbia--(Newsfile Corp. - February 24, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI), (the "Company" or "Nicola") is pleased to announce that it has completed a second shipment of 196 tonnes (175 dry metric tonnes) of gold and silver concentrate to Ocean Partners UK Limited1 ("Ocean Partners"). The tonnage is the single largest shipment of concentrate shipped to port, to date. The material shipped contained an approximate 92 grams gold / tonne and 562 grams silver per tonne.
As announced in the December 22, 2021, its Mill Site, which is located between Merritt and Spences Bridge, was not adversely affected by recent southern BC flooding. The highway that connects the region, Highway 8, was, however, severely damaged and is currently undergoing extensive repairs. As part of its commitment to the environment and local communities, the Company submitted a Notice of Departure ("NoD") for the extraction and processing of rock at the New Craigmont Project to the Ministry of Energy, Mines, and Low Carbon Innovation ("EMLI"). Upon approval, the Company hopes to work with First Nations and contractors by providing much needed riprap for infrastructure repairs.
https://www.newsfilecorp.com/release/114675