Home - Nicola Mining

A Public Resource
Mining company

With a successful management team experienced in consolidating and unlocking high-potential assets.

Environmental

Nicola Mining Inc. is committed to responsible development and operational activities adhering to the belief that natural resources can and must coexist with the environment and the region’s rich heritage.

Our
Projects

New Craigmont Property, Merrit Mill Tailings Facility, Treasure Mountain Property, and our sand and gravel property.

Our Latest News Releases

Stay up to date with our latest projects and announcements.

February 22, 2023

Nicola Mining Announces Soil Geochemistry Results from the WP Area at the New Craigmont Property

TSX.V: NIM FSE: HLIOTCBB: HUSIF VANCOUVER, BC, February 22, 2022 – Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the “Company” or “Nicola Mining“) is pleased to announce soil geochemistry results collected from the WP area at the New Craigmont Property. The WP Zone (See Map 1) (MINFILE 092ISE068) consists of sheared, brecciated, and mineralized…

February 10, 2023

Brent Omland to Join Nicola Mining’s Board of Directors

TSX.V: NIM FSE: HLIOTCBB: HUSIF VANCOUVER, BC, February 10, 2023 – Nicola Mining Inc. (TSXV: NIM) (FSE: HLI), (the “Company” or “Nicola“) is pleased to announce that Brent Omland, co-CEO of Ocean Partners[1], has joined the Company’s Board of Directors. Ocean Partners delivers trading services to miners, smelters, and refiners by applying technical, commercial, financial, and…

January 30, 2023

Nicola Mining Inc. Plans To Recommence Gold Production

TSX.V: NIM FSE: HLIOTCBB: HUSIF VANCOUVER, BC, January 30, 2023 – Nicola Mining Inc. (TSX.V: NIM)(FSE: HLI), (the “Company” or “Nicola”) is pleased to announce completing final preparations to commence operations in Q1 of 2023. Currently the Company has received in excess of 15,000 tonnes of gold mill feed from Osisko Development Corp’s. (NYSE: ODV, TSX.V:…

CEO Interview

Peter Espig Explains Their B.C. Mining Assets Along With Multi-Stream Revenue Plan

Published Sep 1, 2022
18 minutes and 27 seconds

Projects

New Craigmont Property

Nicola’s New Craigmont project is based on solid historical realities and exceptional exploration upside.

Merrit Mill & Tailings Facility

The mill processed 5,700 tonnes of stock pile material received from Gavin Mines Inc. per a Milling and Profit Share Agreement during 2016.

Treasure Mountain Property

A 7,000 acre silver deposit consisting of 51 mineral tenures, comprising 21 legacy claims: 100 cell units, and five crown grants for a total of approximately 2,850 hectares.

Sand and Gravel Property

The Merritt Mill Property is host to an active run gravel pit that has a tolling agreement in place for up to 60,000 tonnes per year with a local cement company.

About our company

Nicola Mining Inc. (TSX-V.NIM) is a public resource mining company with a successful management team experienced in consolidating and unlocking asset value of its high-potential assets. The Company’s portfolio consists of high-potential assets.

New Craigmont Exploration Property – comprised of 20 contiguous mineral claims covering approximately 8,456.95 ha, and 10 contiguous mining leases covering approximately 347.35 ha in the prolific Guichon Batholith region. The claims are currently owned 100% by a wholly owned subsidiary of the Company.

Merritt Mill and Tailings Facility – approximate $23,400,000 mineral processing facility located on an $8,000,000 property, and a $1,800,000 fully lined tailings facility property located near Merritt BC.

Treasure Mountain Exploration Property – 100% owned high-grade silver/lead/zinc vein deposit, and the claim holdings consist of 51 mineral tenures comprising 21 legacy claims, 100 cell units and one Crown Grant for a total of approximately 2,850 hectares (7,000 acres).

Sand and Gravel Property – The Merritt Mill Property is host to an active run gravel pit that has a tolling agreement in place for up to 60,000 tonnes per year with a local cement company.

Nicola Mining is committed to responsible development

Responsible development means meeting the needs of the present without compromising the future. During 2018, the Company continued to expand its focus on minimizing dust from historic tailings that are located on site.

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Our team

Peter Espig

President, CEO and Director

Mr. Espig assumed the role of President and CEO on November 7, 2013 and guided the Company through its restructuring, which included entering the company into CCAA and successfully exiting on November 21, 2014.
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Warwick Bay

CFO & Corporate Secretary

Mr. Bay has been a member of the Institute of Chartered Accountants of B.C. since 1979. Mr. Bay practiced for over 10 years with one of the big five public accounting firms and is specialized in the audit of mining companies.
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