Nicola Mining Inc. (TSX.V: NIM)(FSE: HLI), (the “Company” or “Nicola”) announces the suspension to the process of entering into a definitive agreement with Nittetsu Mining Co. Ltd. (“Nittetsu”) with respect of the Company’s wholly-owned New Craigmont Copper Property (the “Property”). The Company announced that it had entered into a non-binding letter of intent (“LOI”) on…
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.
The mill is a 200 tonne per day crushing, grinding and flotation mill, permitted to conduct custom milling of ore, and is located 10 kilometers northwest of Merritt, BC.
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.
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.
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Nicola Mining Inc. (TSX.V: NIM)(FSE: HLI) (OTCQG: HUSIF), (the “Company” or “Nicola”) announces that, further to its News Release of October 25, 2023, the TSX Venture Exchange has approved the consolidation of its issued and outstanding common shares (the “Shares”) on the basis of one new Share (a “Post-consolidated Share”) for every two currently outstanding…
Nicola Mining Inc. (TSX.V: NIM)(FSE: HLI) (OTCQG: HUSIF), (the “Company” or “Nicola”) announces that it intends to complete a consolidation of its issued and outstanding common shares (the “Shares”) on the basis of one new Share (a “Post-consolidated Share”) for every two currently outstanding Shares (the “Consolidation”). It is anticipated that the Consolidation will reduce…