Nicola Mining Announces Debt Settlement
Vancouver, British Columbia--(Newsfile Corp. - November 14, 2018) - Nicola Mining Inc. (TSXV: NIM) (the "Company") today announces that it intends to pay all of the interest owing on the secured convertible debentures (the "Debentures") issued on November 21, 2014 by the issuance of common shares (each, a "Share") of the Company. The Debentures mature on November 21, 2019 and bear interest ("Interest") at a rate of 10% per annum, which Interest is payable under the terms of the...
2018-11-14 7:44 PM EST
Nicola Mining Commences Phase 2 RC Drill Program to Review Copper and Magnetite Grades in Historic Waste Piles
Vancouver, British Columbia--(Newsfile Corp. - October 30, 2018) - Nicola Mining Inc. (TSXV: NIM), (the “Company” or “Nicola”) is pleased to announce that it has commenced an extensive Reverse Circulation (“RC”) drilling program on the historic Craigmont Copper Mine waste piles (“Waste Piles”) and the 3060 Ore Portal. The approximate 80-90 million tonnes of Waste Piles and 3060 Portal surround the historic Craigmont pit, which is located 3km southeast of Merritt, BC. The Waste Piles are part of the...
2018-10-30 8:30 AM EDT
Nicola Mining Prepares to Recommence Milling Operations
Vancouver, British Columbia--(Newsfile Corp. - October 19, 2018) - Nicola Mining Inc. (TSXV: NIM) (the "Company" or "Nicola") is pleased to announce that it is preparing to recommence milling operations under its long-term Mining and Milling Profit Share Agreement ("LT Agreement") with Gavin Mines Inc. ("Gavin Mines"). The Company had hoped to recommence operations in August but there were delays with mine production. Pursuant to the LT Agreement Gavin Mines plans to ship up to 40,000 tonnes...
2018-10-19 8:30 AM EDT
Nicola Mining Inc. Drills 73.6 Metres of 1.05% Copper (150 Metres of 0.54%) in Previously Unexplored Zone Located Within the Mineralized Historic Pit Halo
Vancouver, British Columbia--(Newsfile Corp. - September 25, 2018) - Nicola Mining Inc. (TSXV: NIM), (the "Company" or "Nicola") is pleased to announce and confirm the presence of a previously unexplored mineralized zone north of the historic Craigmont open pit. The near-surface zone is located within the boundaries of Nicola's active Mine Permit M-68. Nicola targeted the area after historic data and recent mapping from the Company's 2017 and 2018 Exploration Programs revealed the potential of mineralization north of...
2018-09-25 9:00 AM EDT
Nicola Mining Announces Positive Reverse Circulation Drilling Results on Historic Wastepiles
Vancouver, British Columbia--(Newsfile Corp. - August 10, 2018) - Nicola Mining Inc. (TSXV: NIM) (the "Company") is pleased to announce results on its 20-hole Phase 1 Reverse Circulation drill program ("Phase 1 RC Program") completed between May 23 to June 8, 2018, at its wholly-owned New Craigmont Project, located near Merritt, British Columbia.The Phase 1 RC Program provides a simple overview of copper grade and sectional volume of the approximate 80-90 million-tonne historical wastepile surrounding the Craigmont Mine pit, as...
2018-08-10 8:30 AM EDT
Nicola Mining Inc. Provides Exploration Update on its New Craigmont Copper Project
Vancouver, British Columbia--(Newsfile Corp. - July 19, 2018) - Nicola Mining Inc. (TSXV: NIM), (the "Company" or "Nicola") is pleased to announce that it has received all required permits and has commenced the 2018 diamond drilling program (the "2018 DD Program") at its wholly-owned New Craigmont Project, located approximately 10 kilometers west of Merritt and 20 km south of the Highland Valley Operation.Following analysis of two induced polarization geophysical surveys (the "2017 IP Survey"), which were announced in November 10,...
2018-07-19 9:00 AM EDT
Nicola Mining Announces Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 25, 2018) - Nicola Mining Inc. (TSXV: NIM) (the "Company") announces that, subject to regulatory approval, it has arranged a non-brokered private placement financing (the "Financing") of up to 10,000,000 units (each, a "Unit") at a price of $0.15 per Unit for gross proceeds of up to $1,500,000. Each Unit will consist of one common share (each, a "Share") and one-half of one share purchase warrant (each whole warrant, a "Warrant"), with each Warrant...
2018-06-25 9:00 AM EDT
Nicola Mining Provides Update on Plans for the 2018 Exploration Programs at the New Craigmont Project, British Columbia
Vancouver, British Columbia--(Newsfile Corp. - May 1, 2018) - Nicola Mining Inc. (TSX.V: NIM), (the "Company" or "Nicola") is pleased to provide an update on the 2018 Exploration Plan at the Company's 100% owned New Craigmont Project, located near Merritt British Columbia.Nicola's geological team is finalizing the 2018 Exploration Plan, which will be comprised of 4 drilling programs and a field sampling program: Waste Piles: Reverse circulation drilling ("RC Drilling")Promontory Hill: Diamond drillingCraigmont Central: Diamond drillingCraigmont West: Diamond drillingMarb...
2018-05-01 8:00 AM EDT
Nicola Mining Drills 100.6 Metres of 1.33% Copper and Reports on the Winter Drilling Program at the New Craigmont Project, British Columbia
Vancouver, British Columbia--(Newsfile Corp. - April 2, 2018) - Nicola Mining Inc. (TSXV: NIM) (the "Company" or "Nicola") is pleased to provide the results of their latest drill hole, as well as a summary of results on its 2017-2018 Winter Drilling Program (the "Program"). The Program focused on extending and defining boundaries on the Craigmont West Zone, previously referred to as the Embayment Zone at the Company's 100%-owned New Craigmont Project, British Columbia. The name was changed from "Embayment" to...
2018-04-02 11:00 AM EDT
IIROC Trade Resumption - Nicola Mining Inc.
Vancouver, British Columbia--(Newsfile Corp. - September 7, 2016) - Trading resumes in: Company: Nicola Mining Inc.
2016-09-07 9:26 AM EDT
IIROC Trade Halt - Nicola Mining Inc.
Vancouver, British Columbia--(Newsfile Corp. - September 6, 2016) - The following issues have been halted by IIROC: Company:
2016-09-06 7:48 AM EDT