Nicola Mining Inc. Completes Preliminary Exploration Program that includes +0.9% Cu sample on its Thule Copper Project, British Columbia

TSX.V: NIM NEWS RELEASE VANCOUVER, B.C, July 7, 2015, – Nicola Mining Inc. (the “Company” or “Nicola Mining”) is pleased to announce that it has successfully completed a preliminary (Spring 2015) mineral exploration program on its Thule Project, which covers an area of 8,272 hectares in the Nicola Mining Division, located 14 kilometres northwest of Merritt in southern British Columbia. A total of 48 rock samples were collected over the property from 14 known mineral tenures (MINFILES) located within the Company’s mineral tenure. (http://minfile.gov.bc.ca/default.aspx?page=searchresults &d=150706062917&10=50&11=10&12=9&13=50&14=15&15=60&16=120&17=52&18=39&19=121&20=1&21=33&22=NAD+83&t=0). The rock samples consisted of grab samples from road-cut, outcrop and historic trench and shaft dumps. Copper values ranged from trace to 9080 ppm copper. The highest value, 9080 ppm copper sample (0.9% copper), was collected from trench dump material located at the TITAN QUEEN (092ISE034) historic showing. Surface copper mineralization above 2000 ppm was also verified at the MARB (092ISE033), ERIC (092ISE036) and the MARB 72 (092ISW037) mineral showings (MINFILES). Mineralization is primarily hosted 1) as malachite-mineralization along fracture zones within quartz diorite and potasically altered volcanics, 2) in quartz veins with finely disseminated chalcopyrite within quartz diorite, and 3) within magnetite + epidote skarn-altered limy tuffs with malachite +/- azurite +/- chalcopyrite mineralization. The 2015 Thule exploration program (the “Initial Program”) consisted of five main objectives: Examine known historical porphyry and skarn mineral showings (MINFILES). Follow-up on geophysical trends defined in the 2012 helicopter aeromagnetic gradient and spectrometer survey, as highlighted on the Company’s website. http://nicolamining.com/wp-content/uploads/2015/03/Geophysical_Interpretation_Memo.pdf. Examine road cut and outcrop exposure along new logging roads. Photo catalogue and re-log diamond drill core from Christopher James Gold Corp’s 2005 drilling program on...