Nicola Mining Inc. Commences 10,000-Tonne Bulk Sample at Dominion Creek Gold-Silver Project
Nicola Mining Inc. has started a significant 10,000-tonne bulk sample at its Dominion Creek Gold-Silver Project in British Columbia, marking a pivotal step in its exploration efforts and highlighting the potential for high-grade gold and silver extraction.
Nicola Mining Inc. (TSX.V: NIM) (FSE: HLIA) (OTCQB: HUSIF) has initiated a 10,000-tonne bulk sample at its Dominion Creek Mineral Project in British Columbia, a move that underscores the company's commitment to exploring high-grade gold and silver deposits. The project, in which Nicola holds a 75% economic interest, has seen the completion of essential site preparations, including the setup of a 14-man camp, bridge construction, equipment mobilization, and necessary roadwork. Extraction activities are set to commence following the conclusion of road improvements, anticipated by August 10.
The company received a draft permit in March for the extraction of 10,000 tonnes of ore, with previous surface and chip samples revealing promising assays of 62.1 g/t Au and 320 g/t Ag, alongside notable lead and zinc values. CEO Peter Espig emphasized that this phase represents the culmination of years of dedicated work and reflects the increasing support from First Nations, local communities, and provincial ministries for small, high-grade mining projects in British Columbia.
Nicola Mining Inc. is a junior mining company that boasts a fully permitted mill and tailings facility near Merritt, British Columbia, capable of processing both gold and silver mill feed through gravity and flotation processes. The company's portfolio includes the 100% owned New Craigmont Project, a high-grade copper property adjacent to Canada's largest copper mine, Highland Valley Copper, and the Treasure Mountain Property, comprising 30 mineral claims and a mineral lease over 2,200 hectares.
For further details on Nicola Mining Inc.'s latest developments, visit https://ibn.fm/yuz4U. Investors seeking updates on HUSIF can find more information in the company's newsroom at https://ibn.fm/HUSIF.