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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.


TSXV:NIM - Post by User

Nicola Mining Inc
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Post by Betteryear2on Jul 18, 2024 8:01pm
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Post# 36139353

Nicola Mining Commences Gold Concentrate Production

Nicola Mining Commences Gold Concentrate Production

Vancouver, British Columbia--(Newsfile Corp. - July 18, 2024) - Nicola Mining Inc. (TSXV: NIM) (OTCQB: HUSIF) (FSE: HLIA) (the "Company" or "Nicola") is pleased to announce that it has commenced processing gold mill feed from Talisker Resources Ltd. (TSX: TSK) (OTCQX: TSKFF) ("Talisker"). The Company has also completed further upgrades to the mill that include:

  • Water Recirculation System: Installation of a water recirculation system between the mill and lined tailings facility that significantly decreases water consumption.
  • Process Automation: Installation of automated processes inside the mill, which streamlines processes, decreases production costs, and facilitates employee safety.
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