Our Latest News Releases

Stay up to date with our latest projects and announcements.

Nicola Mining Has Commenced Diamond Drilling At Its Flagship New Craigmont Copper Project

TSX.V: NIM FSE: HLIOTCBB: HUSIF VANCOUVER, BC, June 6, 2023 – Nicola Mining Inc. (the “Company” or “Nicola”) announces that it has commenced a diamond drilling exploration program (the “2023 Program”) at its wholly-owned New Craigmont Copper Project (“New Craigmont”), located near Merritt, BC, and 33 km south of Teck Resources Ltd.’s Highland Valley Copper, Canada’s…

Nicola Mining Inc. And Blue Lagoon Resources Inc. Sign Long Term Extension To Gold And Silver Profit Share Agreement With Blue Lagoon

TSX.V: NIM FSE: HLIOTCBB: HUSIF VANCOUVER, BC, May 17, 2023 – Nicola Mining Inc. (TSX.V: NIM)(FSE: HLI), (the “Company” or “Nicola”) is please to announce that it and Blue Lagoon Resources Inc. (CNSX: BLLG) (“Blue Lagoon”) have signed a second amending agreement (the “Second Amending Agreement”) to the Original Agreement (“Original”)[1] and Amending Agreement, the latter…

Nicola Mining Prepares For 2023 Drilling Exploration At New Craigmont Copper Project

TSX.V: NIM FSE: HLIOTCBB: HUSIF VANCOUVER, BC, May 2, 2023 – Nicola Mining Inc. (the “Company” or “Nicola”) is pleased to announce that it has finalized its 2023 diamond drilling exploration planning (the “2023 Program”) at its wholly-owned New Craigmont Copper Project (“New Craigmont”), located near Merritt, BC, and 33 km south of Teck Resources Ltd.’s…

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.

To learn more about Nicola Mining please check out our featured videos.

Projects

New Craigmont Property

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

Nicola Mining New Craigmont Samples

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.

Nicola Mining Merrit Tailings

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.

Treasure Mountain

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.

Sand and Gravel aggregate operations

CEO Interview

Mining Network interviews Peter Espig at the London England Mining Show

Published Dec 7, 2022
13 minutes and 17 seconds

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.

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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