Information
Nicola Mining Inc. maintains a 75% economic interest in the Dominion Creek Property via 50% land interest and 50% Mining and Milling Profit Share Agreement. Ore from the Dominion Creek Property will be extracted and processed at the Merritt Mill Site.
The Dominion Creek Property which is approximately 43 kilometers northeast of the Town of Wells and is strategically located in highly prospective ground with excellent potential for the discovery of major gold and associated base metal deposits.
The claims cover approximately 7.5 kilometers of the highly anomalous Isaac Lake Fault system. A British Columbia regional stream geochemical survey (RGS) originally identified the mineral potential of this area. The Company and its partner have received a bulk sample permit to extract up to 10,000 tonnes or ore, which it expects to commence in 2025.
Permits to follow.