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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. 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.


TSXV:NIM - Post by User

Comment by pogohereon May 03, 2023 8:34pm
173 Views
Post# 35428961

RE:I once owned this

RE:I once owned this The mountain of silver is there and remains undeveloped.

Think copper.  The 
New Craigmont Copper Project is next door to Teck's Highland Valley Copper mine/mill.

The Company owns 100% of the New Craigmont Project, a high-grade copper property, which covers an area of 10,913 hectares along the southern end of the Guichon Batholith and is adjacent to Teck Resources Ltd.'s Highland Valley Copper, Canada's largest copper mine. The Company also owns 100% of the Treasure Mountain Property, which is comprised of 51 mineral tenures, 21 legacy claims: 100 cell units, and five crown grants for a total of approximately 2,850 hectares.

How important is that ?  I suggest you make the reasonable commonsense inference regarding this statement in NIM's 5-2-23 press release:

 

The Company has signed an NDA with a global miner that will work with the Company during 2023 exploration program. [emphasis added]
 

Do your own dd.

 

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