Nicola Mining Stock Price, News & Analysis

Nicola Mining (OTCQB: HUSIF) completed 2025 mine development at the Dominion Creek project and finished all work required for a 10,000‑tonne bulk sample planned to restart in July 2026. The company delayed shipping up to 2,000 tonnes to the Nicola mill until 2026 due to abnormally high August–September rainfall and haul‑road concerns. During development the Landing was lowered by approximately 6 metres, extraction advanced ~2 metres into the South Pit Vein (which widens to ~5 metres ~20m in) and three new veins (Mid‑West, West, 16 East) were exposed. Samples were submitted to an ISO 17025 lab; results are pending.

LaFleur Minerals (symbol: HUSIF) is advancing from explorer to near-term gold producer by restarting the fully permitted Beacon Gold Mill and developing the Swanson Gold Project in Québec's Abitibi belt.

Key facts: Beacon is a 750 tpd mill refurbished in 2022 with a stated replacement value >C$71.5M; LaFleur budgets C$5–6M to restart (launch Q4 2025, ramp in early 2026). Swanson MRE: 123.4 koz Indicated and 64.5 koz Inferred. PEA is underway; bulk sample ~100,000 t at 1.89 g/t Au (~6,350 oz) planned to support restart economics. Financing initiatives include a proposed C$5M secured-debt facility and a completed C$2.88M private placement.

Nicola Mining (OTCQB: HUSIF) filed a listing application with The Nasdaq Capital Market seeking to uplist its common shares in the U.S. and to list under the symbol NICM.

On October 7, 2025 the company filed a Preliminary Short Form Base Shelf Prospectus in Ontario, Alberta and British Columbia to permit offers of qualified securities up to C$10,000,000 during the 25-month period following receipt of a final shelf prospectus receipt. Qualified securities may include preferred shares, debt, warrants, subscription receipts, common shares and units. No amounts or terms have been determined and no securities may be sold until the Canadian regulators issue a receipt for the final shelf prospectus. Copies are available on SEDAR+ or by request. This release is not an offer to sell securities.

Nicola Mining (OTCQB: HUSIF) announced 2026 diamond drilling plans for the Treasure Mountain silver project after 2025 preparation work, including field reconnaissance and prior geophysics and soil sampling. The company received a multi-year area-based exploration permit (MYAB) permitting diamond drilling and trenching (announced June 9, 2025) and holds a mine lease extension through April 26, 2032 (announced August 30, 2024). Treasure Mountain is a permitted silver mine 30 km northeast of Hope, BC, with surface vein-hosted silver, copper, lead, zinc and gold that is reported as open in all directions.

Nicola Mining (OTCQB: HUSIF) has announced two major developments in its infrastructure operations. The company, along with partner Lower Nicola Site Services Ltd (LNSS), has completed the expansion of its gravel pit and construction of a cement ready-mix plant.

The company has secured two significant permits: a Notice of Departure (NoD) to operate a rock quarry with extraction capacity of up to 3.0 million tonnes at approximately 1,500 tonnes per day, and an extension of Gravel Pit mine life (Permit G1519) along with a permit for highway right-of-way operations.

Notably, LNSS has secured contracts to supply gravel and cement for Teck Resources' Highland Valley Copper $2.5 billion expansion project, as well as contracts with the Ministry of Transportation and various private sector entities.

Nicola Mining (OTCQB: HUSIF) has secured a significant five-year extension for six Mining Leases at its New Craigmont Property from the Ministry of Mining and Critical Minerals. The property, spanning over 10,800 hectares, is strategically located adjacent to Canada's largest copper mine, Teck Resources' Highland Valley Copper.

The company's CEO Peter Espig highlighted their recent exploration activities focusing on identifying a porphyry system, moving beyond traditional skarn exploration. The extension of mining permits (M-68) and leases positions the company to potentially accelerate the transition from exploration to operational status while maintaining environmental and consultation commitments.

Nicola Mining (OTCQB: HUSIF) has initiated gold concentrate shipments through its partnership with Talisker Resources. Under their Mining, Milling and Smelting Agreement, the companies successfully sold 707 ounces of gold in August, generating gross proceeds of approximately US$2.3 million.

The Company's production capabilities have been enhanced through significant facility upgrades, including automation of concentrate production and the installation of a large concentrator for optimized free gold recovery. These improvements are particularly beneficial for processing ore from both Talisker and Nicola's Dominion Gold Project.

Additionally, Nicola continues operations at its wholly-owned Treasure Mountain high-grade silver mine, positioning itself as a potential mining hub in British Columbia with support from the Ministry of Mining and Critical Minerals.

Nicola Mining (OTCQB: HUSIF) has successfully transformed its business model from occasional bulk sample processing to operating British Columbia's only third-party precious metals mill at full capacity. CEO Peter Espig revealed this transition as part of an eight-year strategic plan, now coming to fruition through partnerships with Talisker and Blue Lagoon Resources who provide steady material flow.

In response to this operational transformation, Atrium Research has increased their price target for Nicola Mining from $0.90 to $1.10. The upgrade reflects the company's unique position in generating consistent cash flow, distinguishing it from other junior miners that typically require frequent capital raises.

Nicola Mining (OTCQB: HUSIF) has initiated a 10,000-tonne bulk sample project at its Dominion Creek Mineral Project, where it holds a 75% economic interest. The company has established infrastructure including a 14-man camp and bridge, with roadwork expected to complete by August 10th, 2025.

The project, located 43km northeast of Wells and 110km east-southeast of Prince George, British Columbia, previously demonstrated impressive mineral grades from a 9.7kg surface sample: 62.1 g/t gold, 320 g/t silver, 23.4% lead, and 12.4% zinc. The British Columbia Ministry of Mining and Critical Minerals has issued a draft permit for the extraction.