Nicola Provides Year in Review: 2023
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSID) (the "Company" or "Nicola") is pleased to provide its "Year in Review: 2023", with the hope of providing additional clarity on several key milestones that were achieved in 2023. In addition to highlighting the significance of noteworthy events, we are hopeful that this letter can provide clarity on key news releases and insight into next year.Financially the Company has undergone a positive...
2023-12-11 9:00 AM EST
Nicola Mining Inc. Provides Update on Letter of Intent with Nitettsu Mining
Vancouver, British Columbia--(Newsfile Corp. - November 28, 2023) - Nicola Mining Inc. (TSXV: 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 September 6, 2023, which was subsequently followed by a two-week site visit by Nittetsu's geological team.During...
2023-11-28 8:00 AM EST
Nicola Mining Inc. Signs Letter of Intent with Nittetsu Mining Co. Ltd. for Exploration at New Craigmont Copper Project
Vancouver, British Columbia--(Newsfile Corp. - September 6, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI), (the "Company" or "Nicola") is pleased to announce that it has signed a non-binding letter of intent ("LOI") with Nittetsu Mining Co. Ltd. ("Nittetsu")1, a public arm's length company based in Japan, whereby Nicola would agree to establish a joint venture entity with Nittetsu in respect of the Company's wholly-owned New Craigmont Copper Project (the "Project") in exchange for the payment by Nittetsu...
2023-09-06 11:00 AM EDT
Nicola Mining and High Range Submit Bulk Sample Permit Application and Commence Road Work at the High-Grade Dominion Creek Gold Project
Vancouver, British Columbia--(Newsfile Corp. - August 3, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (the "Company" or "Nicola") is pleased to provide the following updates on the Dominion Creek Property (the "Gold Project"), which is located 43 kilometers northeast of the Town of Wells and approximately 110 kilometers east-southeast of Prince George. The Company has previously announced two key agreements that it has entered in with High Range Exploration Ltd. ("High Range"). Strategic Milling and Profit...
2023-08-03 9:00 AM EDT
Nicola Mining Inc. Ships Concentrate Produced Jointly with Osisko Development and Commences Joint Exploration Preparations with UBC
Vancouver, British Columbia--(Newsfile Corp. - July 5, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola") is pleased to announce that it has commenced shipping of concentrate produced jointly with Osisko Development Corp. (NYSE: ODV) (TSXV: ODV) ("Osisko"). To date approximately 160 dry metric tonnes of gold concentrate grading an estimated 90 g/t Au have been shipped from site. The Company has secured an offtake agreement1 with Ocean Partners UK Limited2 ("Ocean...
2023-07-05 12:00 PM EDT
Nicola Mining Has Commenced Diamond Drilling at Its Flagship New Craigmont Copper Project
Vancouver, British Columbia--(Newsfile Corp. - June 6, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (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 largest copper mine.The Company announced in its May 2, 2023 news release, that it had hired an Economic Geologist / VP of Exploration to...
2023-06-06 9:00 AM EDT
Nicola Mining Inc. and Blue Lagoon Resources Inc. Sign Long Term Extension to Gold and Silver Profit Share Agreement with Blue Lagoon
Vancouver, British Columbia--(Newsfile Corp. - May 17, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF), (the "Company" or "Nicola") is please to announce that it and Blue Lagoon Resources Inc. (CSE: BLLG) ("Blue Lagoon") have signed a second amending agreement (the "Second Amending Agreement") to the Original Agreement ("Original")1 and Amending Agreement, the latter which was described in the Company's May 5, 2021 news release. The extension now extends to March 31, 2027, and includes certain adjusted...
2023-05-17 9:00 AM EDT
Nicola Mining Prepares for 2023 Drilling Exploration at New Craigmont Copper Project
Vancouver, British Columbia--(Newsfile Corp. - May 2, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (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 Highland Valley Copper, Canada's largest open pit copper mine. Drilling is expected to commence mid-May and the Company has...
2023-05-02 11:59 AM EDT
Nicola Mining Inc. Resumes Operations at New Craigmont Project
Vancouver, British Columbia--(Newsfile Corp. - March 28, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI), (the "Company" or "Nicola") is pleased to announce that it has completed mill upgrades and has commenced milling operations with material supplied from Osisko Development Corp. (NYSE: ODV) (TSXV: ODV) ("Osisko"). The Company announced in its January 9, 2023 news release that the two parties had signed a Mining and Milling Profit Share Agreement (the "Osisko Agreement"). The Company has noticed a...
2023-03-28 9:00 AM EDT
Nicola Mining Announces Normal Course Issuer Bid
Vancouver, British Columbia--(Newsfile Corp. - March 10, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF), (the "Company" or "Nicola") is pleased to announce that the TSX Venture Exchange ("TSXV") has accepted its Notice of Intention to Make a Normal Course Issuer Bid ("NCIB") which shall commence on March 15, 2023 and terminate on August 15, 2023, or such earlier date if the maximum number of shares are purchased.At the opening of the stock market on today's date,...
2023-03-10 2:00 PM EST
Nicola Mining Announces Soil Geochemistry Results from the WP Area at the New Craigmont Property
Vancouver, British Columbia--(Newsfile Corp. - February 22, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola Mining") is pleased to announce soil geochemistry results collected from the WP area at the New Craigmont Property.The WP Zone (See Map 1) (MINFILE 092ISE068) consists of sheared, brecciated, and mineralized Nicola Group volcanic rocks with associated chalcopyrite, pyrite, and specularite. Previous chip channel sampling (2016) by Nicola Mining returned values of 0.37% Cu over 10 metres and 0.71% Cu...
2023-02-22 9:00 AM EST
Brent Omland to Join Nicola Mining's Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - February 10, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI), (the "Company" or "Nicola") is pleased to announce that Brent Omland, co-CEO of Ocean Partners1, has joined the Company's Board of Directors. Ocean Partners delivers trading services to miners, smelters, and refiners by applying technical, commercial, financial, and political insight, bringing expertise in every aspect of the business. Brent Omland has served as the Chief Financial Officer and as a Director of Ocean...
2023-02-10 8:58 AM EST
Nicola Mining Inc. Plans to Recommence Gold Production
Vancouver, British Columbia--(Newsfile Corp. - January 30, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI), (the "Company" or "Nicola") is pleased to announce completing final preparations to commence operations in Q1 of 2023. Currently, the Company has received in excess of 15,000 tonnes of gold mill feed from Osisko Development Corp's. (NYSE: ODV) (TSXV: ODV) ("Osisko") Cariboo Gold Project. The Company has hired employees to fill key positions required for gold production. See photos of Cariboo Gold...
2023-01-30 9:00 AM EST
Nicola Mining Inc. and Osisko Development Corp. Enter into a Mining and Milliing Profit Share Agreement
Vancouver, British Columbia--(Newsfile Corp. - January 9, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI), (the "Company" or "Nicola") is pleased to announce that it and Osisko Development Corp. (NYSE: ODV) (TSXV: ODV) ("Osisko") have signed a Mining and Milling Profit Share Agreement (the "Agreement"). Under the Agreement, Osisko may transport material to Nicola's mill site, located near Merritt, British Columbia. Nicola's Merritt Mill site is a unique milling and processing facility because the Company owns the...
2023-01-09 9:00 AM EST
Nicola Mining Announces Repayment of Prepayment to Ocean Partners
Vancouver, British Columbia--(Newsfile Corp. - December 29, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF), (the "Company" or "Nicola") announces that it has repaid in full the US$750,000 (C$1,028, 475) Prepayment Facility to Ocean Partners UK Limited1 ("Ocean Partners"). Repayment funds were derived from operating cash flow at the Company's Craigmont Mill site, located near Merritt, British Columbia. Peter Espig, CEO of Nicola, commented, "We continue to make headways on our corporate goals and expect...
2022-12-29 9:00 AM EST
Nicola Provides Year in Review: 2022
Vancouver, British Columbia--(Newsfile Corp. - December 20, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola") is providing "Year in Review: 2022", with the hope that it provides additional clarity on several key milestones that were achieved in 2022. In addition to highlighting the significance of noteworthy events, we are hopeful that this letter provides insight into our plans for 2023.The year began with the Company announcing that it had completed shipment of...
2022-12-20 9:00 AM EST
Nicola Mining Inc. And Osisko Development Corp Sign Memorandum of Understanding
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola") is pleased to announce that it and Osisko Development Corp (NYSE: ODV) (TSXV: ODV) ("Osisko") have signed a Memorandum of Understanding ("MOU") for the processing of gold mill feed currently stock piled at Osisko's site, located in the Cariboo Mining District in east-central BC, east and southeast of the City of Quesnel. The gold mill feed originates...
2022-12-02 9:00 AM EST
Nicola Mining Receives Multi-Year Area Based Exploration Permit for Its Flagship Copper Project New Craigmont Property
Vancouver, British Columbia--(Newsfile Corp. - November 21, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola Mining") is pleased to announce that it has received a multi-year area-based exploration permit, Permit Number MX-4-697 (the "MYAB Permit[1]"), on November 3, 2022. The MYAB Permit allows Nicola to conduct extensive copper exploration on its wholly-owned New Craigmont Property (the "Property"), which is located adjacent to Teck Resources Ltd.'s Highland Valley Copper, Canada's largest copper mine, thro
2022-11-21 9:05 AM EST
Nicola Mining Provides Exploration Update Including Results from Recently Completed ZTEM Survey
Vancouver, British Columbia--(Newsfile Corp. - September 13, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola Mining") is pleased to announce the completion of a district-wide airborne geophysical survey and related inversion modeling results carried out across its wholly owned New Craigmont Property (the "Property"), which is located in Central British Columbia. The Z-axis Tipper Electromagnetic ("ZTEM") survey has imaged the electrical conductivity signature of known mineral occurrences ("MINFILEs1") in th
2022-09-13 8:50 AM EDT
Nicola Mining Completes Partial Prepayment of Outstanding Debenture and Encouraging Initial ZTEM Results
Vancouver, British Columbia--(Newsfile Corp. - July 12, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF), (the "Company" or "Nicola") announces that it has completed a prepayment of 20% (the "Prepayment") of the outstanding principal, as well as interest, of the debenture due November 21, 2022. The Company prepaid $1,329,176 of the principal and $81,936 in accrued interest of the $6,942,882 outstanding principal. The remaining principal of the debenture is now $5,613,706. Approximately 89% of...
2022-07-12 4:10 PM EDT