Nicola Mining Inc. Releases Grades on Continued Embayment Zone Expansion That Includes 71.4m of 0.6% Cu

TSX.V: NIM NEWS RELEASE VANCOUVER, B.C., February 28, 2018 – Nicola Mining Inc. (TSXV: NIM) is pleased to provide an update on its ongoing exploration program at the Company’s 100%-owned New Craigmont Project           located in British Columbia’s Thompson-Nicola Region. The program is designed to expand the Embayment Zone along strike to the west and delimit its northern and southern boundaries. On January 12, 2018, the Company announced that it had successfully expanded the strike extent of the Embayment Skarn Zone to 400 metres and established the true width reaching 150 metres. Selected Expansion Drill Hole Highlights include: NC-2018-01 with 0.6% Copper over 71.4m, including 1.4% Copper over 16m NC-2017-01 with 0.3% Copper over 32m, including 0.6% Copper over 10m   Highlights from the 2017-2018 Winter drilling program are summarized in Table 1 below: Table.1 Assay Results for Embayment Expansion Drilling   The New Craigmont Property is host to the past-producing Craigmont Mine, a copper-iron skarn deposit located along the southern flank of the Guichon Creek Batholith, approximately 55 km south of the Highland Valley Copper Operation. The Embayment Zone is the western extension of the west-striking corridor of skarn-style alteration that hosts the Craigmont deposit. The Embayment fault offsets the continuous zone of skarn alteration and displaces the Embayment segment approximately 300 metres to the northwest of the Craigmont segment. Nicola’s Geology team has been able to trace mineralized skarn of the Embayment Zone for 400 metres laterally west from the Embayment Fault. The zone is still open at depth and to the west and additional drilling will be required to test the continuity and extent along strike and...