Nicola Mining Commences Drilling Exploration and Lidar Survey

TSX.V: NIM NEWS RELEASE   VANCOUVER, B.C., June 29, 2016 – Nicola Mining Inc. (the “Company”) is pleased to announce that it has commenced a drilling program on its 10,084 hectare Thule Copper Property (the “Property”) located at the southern end of the Guichon Batholith approximately 14 km northwest of Merritt.   The drill program will consist of approximately 1,500 metres of drilling and will focus on three key targets zones: the Eric, Embayment and Titan Queen Zones. The purpose is to expand copper mineralization from previously known historic drilling and 2016 surface sampling. In addition to the three key target zones the Company hopes to prepare future drilling options on the Marb Zone, pending additional surface sampling.   Previous highlights in the 3 zones consist of the following:   Embayment Zone: S-100 – 150 metres of 0.47% copper Titan Queen Zone: S-80 – 4.57 metres of 0.40% copper S-81 – 11.59 metres of 0.40% copper S-83 – 3.05 metres of 0.86% copper 2016 sampling Trench 1 – 0.30% copper over 16 metres Trench 2 – 0.56% copper over 10 metres Trench 3 – 0.60% copper over 6 metres Eric Zone: S-86 – 3.05 metres of 0.92% copper S-90 – 54.25 metres of 0.23% copper 2016 sampling of the Eric Shaft – 0.52% copper over 9 metres (perimeter). Drilling conducted in 2005 by Christopher James Gold Corp in the Embayment Zone failed to penetrate through the Kingsvale/Spences Bridge unit into the permeable Nicola Group volcanics. The Titan Queen and Eric Zones were last drill tested in the 1970’s by Craigmont Mines.   LIDAR Survey   The Company hired McElhanney...

Nicola Mining Commences Milling Operations

TSX.V: NIM NEWS RELEASE   VANCOUVER, B.C., June 16, 2016 – Nicola Mining Inc. (the “Company”) is pleased to announce that it has commenced milling operations at its 200 tonne per day mill facility (the “Mill”), located 14 kilometers from Merritt, British Columbia. The Company has completed successful test runs to confirm gold recovery rates and has commenced processing of material received from Gavin Mines Inc. (“Gavin Mines”). Terms of the Milling and Profit Share Agreement (the “GMI Agreement”) were announced in the Company’s news release of May 31, 2016. Under the GMI Agreement the Company will produce both gravity and flotation concentrates that will be sold to third parties for production of gold doré bars. The Company plans to mill the initial amount of approximately 5,000 tonnes and will consider the option of processing an additional 1,000 tonnes of material located in a separate stockpile. The Company collected 62 representative samples, approximately 2 kg each, from 31 truckloads of material for grade control prior to processing. All samples returned significant gold grades ranging from 0.575 g/t gold to 33.6 g/t gold, with an average grade of 9.53 g/t gold. 31 of the samples collected returned values over 8 g/t gold. Peter Espig, Chief Executive Officer of the Company, commented, “We are very excited to have the Mill running and commencing gold processing. The startup has had a few delays and required adjustments; however, we continue to move towards becoming BC’s newest high-grade gold and processor.” The Company also announces that it has issued 200,000 options to a key member of the technical team. Quality Control The sampling of...

Nicola Mining Provides Update on Thule Project Exploration Activities

TSX.V: NIM NEWS RELEASE   VANCOUVER, B.C., June 8, 2016 – Nicola Mining Inc. (the “Company” or “Nicola”) is pleased to provide an update on its 2016 Thule Project (“Thule Project” or the “Property”) exploration activities.   The Thule Project is a wholly-owned exploration opportunity that covers an area of 10,084 hectares in the Nicola Mining Division, located 14 kilometres northwest of Merritt in southern British Columbia. It is located near Highland Valley Copper and is the site of the historical Craigmont Copper Mine. During the first half of 2016, the Company is pleased to announce the following achievements: Successfully re-logging and cataloging 7000 metres of historical drill core covering the Embayment, Eric and Titan Queen mineral showings;   53 trench samples collected with a range from 71 ppm Cu to 1.68% Cu. The current programs was highlighted by the following detailed chip channel sampling results from the Eric, WP, and Titan Queen mineral showings 0.52% Cu over 9 meters at the Eric Shaft, including 1.3% Cu from 5-6 meters 0.37% Cu over 10 meters at WP Trench 1 0.71% Cu over 4 meters at the WP Shaft, including 1.68% Cu from 2-3 meters 0.30% Cu over 16 meters at Titan Queen Trench 1, including 0.51% Cu from 10-12 meters 0.56% Cu over 10 meters at Titan Queen Trench 2, including 0.96% Cu from 5-6 meters 0.60% Cu over 6 meters at Titan Queen Trench 3, including 0.74% Cu from 10-11 meters Approximately 4000 drill hole locations from 27 drill levels have been entered into the Craigmont drill database. The Craigmont drill database remains a priority for the Company, with...

Nicola Mining Announces Filing of Amended Financial Statements

TSX.V: NIM NEWS RELEASE   VANCOUVER, B.C. June 6, 2016 – Nicola Mining Inc. (the “Company”) announces that it has filed amended Financial Statements for the period ended March 31, 2016 to correct two errors in the Condensed Consolidated Interim Statements of Operations and Comprehensive Loss: Net Loss Per Share-Basic and Diluted – should be ($0.01) and not $(0.06) as shown on the statement, and Weighted Average Number of Common Shares Outstanding – should be 121,419,088 and not 123,073,200 as shown on the statement. The Company has also filed Refiled Certifications for the period ended March 31, 2016. On behalf of the Board of Directors “Peter Espig”                                                                                  Peter Espig CEO & Director For additional information Contact:          Peter Espig (604) 647-0142   [email protected]   Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this...