Nicola Mining (NASDAQ: NICM) (TSXV: NIM) (FSE: HLIA) recently took a significant step in fostering industry collaboration and bolstering regional gold development with its $2 million line of credit to strategic partner Blue Lagoon Resources Inc. “The move reflects Nicola’s mission to support responsible mining initiatives in British Columbia and aligns with its vertically integrated approach that combines milling capabilities with financial facilitation,” an article discussing this reads. “This move exemplifies Nicola’s strategic model, which links its Merritt milling infrastructure and tailings facility to British Columbian projects. Merritt Mill stands as the only facility in British Columbia permitted to process third-party gold and silver mill feed from across the province. Since 2016, Nicola has entered into several profit-share agreements with mining companies, allowing its fully permitted mill to act as a critical partner, processing ore and providing liquidity for regional exploration partners. Extending a $2 million credit facility further advances this integrated approach by providing Blue Lagoon a flexible financial buffer as the company accelerates its growth.”

To view the full article, visit https://ibn.fm/3JMop.

About Nicola Mining

Nicola Mining Inc. is a junior mining company listed on the TSX-V Exchange and Frankfurt Exchange that maintains a 100% owned mill and tailings facility, located near Merritt, British Columbia. It has signed Mining and Milling Profit Share Agreements with high-grade BC-based gold projects. Nicola’s fully permitted mill can process both gold and silver mill feed via gravity and flotation processes.

The Company owns 100% of the New Craigmont Project, a property that hosts historic high-grade copper mineralization and covers an area of over 10,800 hectares along the southern end of the Guichon Batholith and is adjacent to Highland Valley Copper, Canada’s largest copper mine. The Company also owns 100% of the Treasure Mountain Property, which includes 30 mineral claims and a mineral lease, spanning an area exceeding 2,200 hectares.

For further information, please contact:

Corporate Development
Bill Cawker
+1 (604) 649-0080
info@nicolamining.com
www.nicolamining.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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