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Nicola Mining (TSXV:NIM) readying for drill exploration program

Simon Druker Simon Druker , The Market Herald Canada
0 Comments| May 2, 2023

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  • Nicola Mining (NIM) is now finished finalizing plans for an exploration program this summer on its Craigmont Copper Project in British Columbia
  • Work on a diamond drilling exploration program will begin work later this month
  • Ongoing sampling and analytical work are expected to provide additional exploration targets
  • Nicol Mining is currently permitted to drill on the property until 2027
  • Nicola Mining (TSXV:NIM) is unchanged, trading at $0.16 at 10 am ET

Nicola Mining (NIM) is now finished finalizing plans for an exploration program this summer on its Craigmont Copper Project in British Columbia.

The British Columbia-based mineral exploration company will conduct a diamond drilling exploration program, with work beginning this month.

The project is located 33 kilometres from south of Highland Valley Copper, Canada’s largest open pit copper mine.

The first four to five drill holes will focus on the untested extensions of the near vertical Craigmont skarn body hosted within Nicola Volcanic and Sedimentary rocks, first identified last year.

Ongoing sampling and analytical work are expected to provide additional exploration targets on the New Craigmont property.

Nicola Mining has regulatory approval to drill on the property, with permits issued up until 2027.

The company owns 100 percent of the New Craigmont Project, which covers an area of 10,913 hectares along the southern end of the Guichon Batholith in British Columbia.

Nicola Mining (TSXV:NIM) is unchanged, trading at $0.16 at 10 am ET.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.



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