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 > Newgold is milling GMTN ore

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Comment by greatlakesgenton May 26, 2023 7:46am

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Post# 35465328

RE:Newgold is milling GMTN ore

and your point is? Newgold and the GMTN mine are in close proximity.

Nicola's claim is that they can process feed from anywhere in BC and no one else has that ability.

Nicola does not claim they are the only mill in BC that can process ore from another property.

Maybe Nicola does not want to process GMTN ore? Given their profit sharing basis Nicola will want the higher grade properties.

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