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A Public Resource
Mining company With a successful management team experienced in consolidating and unlocking high-potential assets. Watch Full Video 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. See More Our
Projects New Craigmont Property, Merrit Mill Tailings Facility, Treasure Mountain Property, and our sand and gravel property. See More

Our Latest News Releases

Stay up to date with our latest projects and announcements.

December 22, 2020

Nicola Mining Announces Closing Of Flow-Through Private Placement

TSX.V: NIM NEWS RELEASE VANCOUVER, BC, December 22, 2020 – Nicola Mining Inc. (TSX.V: NIM)(FSE: HLI), (the “Company” or “Nicola”) announces that, further to its news release dated December 14, 2020, it has completed its flow-through private placement financing (the “Offering”) pursuant to which it sold an aggregate of 4,761,535 units (each, a “Unit”) at…

December 14, 2020

Nicola Mining Announces Flow-Through Unit Private Placement

TSX.V: NIM NEWS RELEASE VANCOUVER, BC, December 14, 2020 – Nicola Mining Inc. (the “Company”) is pleased to announce a non-brokered private placement consisting of the issuance of up to 4,615,384 units (each, a “Unit”) at a price of $0.13 per Unit for gross proceeds of up to $600,000 (the “Offering”).  Insiders may participate in…

November 9, 2020

Nicola Mining Announces Results Of Portable Drilling From Treasure Mountain Including An Intercept Of 589 G/T Silver At Surface

TSX.V: NIM NEWS RELEASE VANCOUVER, BC, November 9, 2020 – Nicola Mining Inc. (TSX.V: NIM)(FSE: HLI), (the “Company” or “Nicola”) is pleased to announce that it has received assay results from all 14 portable drill holes. These drill holes tested the recently identified 1.2 km mineralized trend during Phase One of the 2020 Program[1] at…

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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

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 was appointed interim CEO on July 7, 2013 and full time President and CEO on November 7, 2013 during CCAA proceedings culminating in the restructuring of the Company 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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Dr. Jacob Longridge

Senior Exploration Geologist

Dr. Jacob Longridge joined the Nicola Mining team in 1 February 2019. He has been actively engaged in mineral exploration from boots-on-the ground field work to high level district-scale target generation in Canada and South America for multiple commodities including Silver, Lead, Copper, Gold and Uranium.
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Interview with Peter Espig,
CEO of Nicola Mining

“We are the only mill permitted in British Columbia to accept gold and silver mill feed from anywhere in the province.”

Published Apr 23, 2018