Nicola Mining Provides Update on Plans for the 2018 Exploration Programs at the New Craigmont Project, British Columbia

TSX.V: NIM NEWS RELEASE VANCOUVER, B.C., May 1, 2018 Nicola Mining Inc. (TSX.V: NIM), (the “Company” or “Nicola”) is pleased to provide an update on the 2018 Exploration Plan at the Company’s 100% owned New Craigmont Project, located near Merritt British Columbia. Nicola’s geological team is finalizing the 2018 Exploration Plan, which will be comprised of 4 drilling programs and a field sampling program: Waste Piles: Reverse circulation drilling (“RC Drilling”) Promontory Hill: Diamond drilling Craigmont Central: Diamond drilling Craigmont West: Diamond drilling Marb Zone: Mapping and channel sampling The finalized plan and a schedule will be released shortly upon completion. 2018 Waste Dump RC Drilling During Craigmont Mine’s operating life between 1961 and 1982, an estimated 34 million tonnes of ore was mined at an average grade of approximately 1.28% copper.  Due to falling copper prices, the mine halted operations with the understanding that it could be reopened in the future.  The Bristow Report[1] highlights that the mine was closed leaving behind an estimated 54.1 million tonnes mineralization at 0.42% Cu surrounding the historical open pit deposit and 27,754 tonnes grading 1.79% Cu left in underground section.  The report also highlights a historic cut-off grade of 0.7%, which is above cut-off grades currently applied at mines in British Columbia that can be as low as 0.15%. Waste rock from Craigmont Mine activities (not processed through the mill) has been stockpiled in terraces immediately adjacent to the historic pit and is inside the Company’s active mine permit (M-68). The size of these stockpiles is estimated to be 80 to 90 million tonnes. On September 26, 2017, the Company announced...