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Nicola Mining and Lower Nicola Site Services Complete Gravel Pit Expansion and Full Completion of Cement Ready Mix Plant

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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) ha annunciato due importanti sviluppi nelle sue operazioni infrastrutturali. L’azienda, insieme al partner Lower Nicola Site Services Ltd (LNSS), ha completato l’espansione della cava di ghiaia e la costruzione di un impianto di cemento pronto all’uso.

La società ha ottenuto due permessi significativi: una Notifica di Partenza (NoD) per operare una cava con capacità di estrazione fino a 3,0 milioni di tonnellate a circa 1.500 tonnellate al giorno, e una estensione della vita utile della cava di ghiaia (Permesso G1519) insieme a un permesso per le operazioni su diritto di passaggio stradale.

Notabilmente, LNSS ha assicurato contratti per fornire ghiaia e cemento per l’estensione da 2,5 miliardi di dollari di Teck Resources per Highland Valley Copper, nonché contratti con il Ministero dei Trasporti e diverse entità del settore privato.

Nicola Mining (OTCQB: HUSIF) ha anunciado dos avances importantes en sus operaciones de infraestructura. La empresa, junto con su socia Lower Nicola Site Services Ltd (LNSS), ha completado la expansión de la cantera de grava y la construcción de una planta de cemento listo para usar.

La empresa ha obtenido dos permisos significativos: una Notificación de Salida (NoD) para operar una cantera con capacidad de extracción de hasta 3.0 millones de toneladas a aproximadamente 1.500 toneladas por día, y una extensión de la vida útil de la Grava (Permiso G1519) junto con un permiso para operaciones en el derecho de paso de la carretera.

Notablemente, LNSS ha asegurado contratos para suministrar grava y cemento para el proyecto de expansión de Highland Valley Copper de Teck Resources por 2.5 mil millones de dólares, así como contratos con el Ministerio de Transportes y diversas entidades del sector privado.

Nicola Mining (OTCQB: HUSIF)는 인프라 운영의 두 가지 주요 발전을 발표했습니다. 파트너 Lower Nicola Site Services Ltd (LNSS)와 함께 자갈 채석장 확장과 시멘트 프리믹스 공장 건설을 완료했습니다.

회사는 두 가지 중요한 허가를 확보했습니다: 최대 3.0백만 톤의 채굴 생산 능력을 갖춘 채석장 운영을 위한 출발 통지(NoD)와 약 1,500톤/일, 채석장 수명 연장(허가 G1519) 및 고속도로 통행권 운영 허가를 포함합니다.

특히 LNSS는 Teck Resources의 Highland Valley Copper 25억 달러 확장 프로젝트에 대한 자갈 및 시멘트를 공급하는 계약과 도로교통부 및 다수의 민간 부문 기업과의 계약을 확보했습니다.

Nicola Mining (OTCQB: HUSIF) a annoncé deux avancées majeures dans ses opérations d’infrastructure. L’entreprise, avec son partenaire Lower Nicola Site Services Ltd (LNSS), a terminé l’extension de la carrière de gravier et la construction d’une usine de ciment prêt à l’emploi.

La société a obtenu deux permis importants : un Avis de Départ (NoD) pour exploiter une carrière avec une capacité d’extraction allant jusqu’à 3,0 millions de tonnes à environ 1 500 tonnes par jour, et une extension de la vie de la carrière de gravier (Permis G1519) ainsi qu’un permis pour les opérations sur les emprises routières.

À noter, LNSS a obtenu des contrats pour fournir gravier et ciment pour le projet d’expansion de Teck Resources Highland Valley Copper de 2,5 milliards de dollars, ainsi que des contrats avec le Ministère des Transports et diverses entités du secteur privé.

Nicola Mining (OTCQB: HUSIF) hat zwei bedeutende Entwicklungen im Bereich Infrastruktur bekannt gegeben. Das Unternehmen hat gemeinsam mit seinem Partner Lower Nicola Site Services Ltd (LNSS) die Erweiterung der Kiesgrube abgeschlossen und eine Cement-Mischanlage errichtet.

Das Unternehmen hat zwei wesentliche Genehmigungen erhalten: eine Departure Notice (NoD) für den Betrieb einer Steinbruchgrube mit einer Förderungskapazität von bis zu 3,0 Millionen Tonnen bei ca. 1.500 Tonnen pro Tag, sowie eine Verlängerung der Lebensdauer der Kiesgrube (Genehmigung G1519) und eine Genehmigung für Straßen-Querspannungen.

Bemerkenswert ist, dass LNSS Verträge zur Lieferung von Kies und Zement für das 2,5-Milliarden-Dollar-Expansionsprojekt Highland Valley Copper von Teck Resources sowie Verträge mit dem Ministry of Transportation und verschiedenen privatwirtschaftlichen Akteuren gesichert hat.

Nicola Mining (OTCQB: HUSIF) أعلنت عن تطورين رئيسيين في عمليات البنية التحتية لديها. أعلنت الشركة، جنباً إلى جنب مع شريكها Lower Nicola Site Services Ltd (LNSS)، عن إكمال توسيع حفرة الحصى وبناء مصنع خلط إسمنت جاهز للاستخدام.

وقد حصلت الشركة على ترخيصين مهمين: إشعار مغادرة (NoD) لتشغيل محجر صخر بسعة استخراج تصل إلى 3.0 ملايين طن عند نحو 1,500 طن في اليوم، وتمديد عمر منجم الحصى (التصريح G1519) مع تصريح لعمليات حق المرور على الطريق السريع.

ومن الجدير بالذكر أن LNSS حصلت على عقود لتوريد الحصى والإسمنت لمشروع توسيع Highland Valley Copper الخاص بـ Teck Resources بقيمة 2.5 مليار دولار، إضافة إلى عقود مع وزارة النقل وكيانات في القطاع الخاص.

Nicola Mining (OTCQB: HUSIF) 宣布了其基础设施运营中的两项重大进展。公司与合作伙伴 Lower Nicola Site Services Ltd (LNSS) 已完成砾石矿扩建及一座熟料混合水泥厂的建设。

公司获得了两项重要许可:一份用于运营采石场的离岗通知(NoD),日生产能力约为 1500吨/天,总产能达至 3.0 百万吨;以及砾石矿生命周期的延长许可(Permít G1519)及公路用地运营许可。

值得注意的是,LNSS 已签订为 Teck Resources 的 Highland Valley Copper 25 亿美元扩建项目提供砾石和水泥的合同,以及与交通部和多家私营企业的合同。

Positive
  • Secured two major operational permits for rock quarry and cement operations
  • Partnership with LNSS secured contracts for Teck Resources' $2.5B Highland Valley Copper expansion project
  • Additional contracts secured with Ministry of Transportation and private sector entities
  • Potential for decades-long gravel pit operations
Negative
  • Gravel pit and cement operations not considered long-term core revenue generators by management

Vancouver, British Columbia--(Newsfile Corp. - September 29, 2025) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF), (the "Company" or "Nicola") is pleased to announce that it, along with its partner Lower Nicola Site Services Ltd ("LNSS"), has successfully completed a long term expansion of its wholly-owned gravel pit (Permit G1519) and fully completed construction of its cement ready mix plant[1].

The Company has now garnered two very significant permits for its gravel / rock quarry and cement operations:

  1. Notice of Departure ("NoD")[2] at the New Craigmont Project from the Ministry of Mining and Critical Minerals, formerly known as the Ministry of Energy, Mines and Low Carbon Innovation ("EMLI"), to operate a rock quarry. Under the NoD the Company can extract of up to 3.0 million tonnes ("Mt") of inert available rock material that may be used for the infrastructure reconstruction efforts at a production rate of approximately 1500 tonnes per day.
  1. Extension of Gravel Pit mine life (Permit G1519) and Permit to Construct, Use, And Maintain Works Within a Right-of-Way of a Provincial Public Highway (Permit/File Number: 2024-05539), the latter which was received on September 5, 2025.

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Garnering all required permits to operate and expand gravel pit operations, coupled with the installation of an underground culvert allowing for aggregate to be transferred from opposite side of the highway, has significant long term implications:

  • Teck Resources' Highland Valley Copper (HVC) has received permit approval from the British Columbia Ministry of Mines for its planned $2.5 billion expansion project. The approval marks a major milestone for Canada's largest copper operations. LNSS has secured contracts to supply gravel and cement for the project, which will be sourced from Nicola's gravel pit and ready-mix cement plant.

  • LNSS has secured contracts with the Ministry of Transportation and various private sector entities that will be sourced from the site.

  • Potentially extends gravel pit operations for decades

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Peter Espig, Chief Executive Officer, commented, "Though Nicola continues to solidify itself as a regional milling partner and operator of the Dominion Gold Project, which we will provide updates soon, we highlight an emphasis on operational revenues as the fuel of expansion. We recognize that the rock quarry, gravel pit and cement ready-mix plant are not our long-term core revenue generators; however, it all contributes to a solid bottom line. In addition, these operations are a catalyst to work closely with First Nations, local communities, and numerous infrastructure projects.

Qualified Person

The scientific and technical disclosure included in this news release have been reviewed and approved by Will Whitty, P.Geo., who is the Qualified Person as defined by NI 43-101. Mr. Whitty is Vice President, Exploration for the Company.

About Nicola Mining

Nicola Mining Inc. is a junior mining company listed on the TSX-V Exchange and Frankfurt Exchange that maintains a 100% owned mill and tailings facility, located near Merritt, British Columbia. It has signed Mining and Milling Profit Share Agreements with high-grade BC-based gold projects. Nicola's fully permitted mill can process both gold and silver mill feed via gravity and flotation processes.

The Company owns 100% of the New Craigmont Project, a property that hosts historic high-grade copper mineralization and covers an area of over 10,800 hectares along the southern end of the Guichon Batholith and is adjacent to Highland Valley Copper, Canada's largest copper mine. The Company also owns 100% of the Treasure Mountain Property, which includes 30 mineral claims and a mineral lease, spanning an area exceeding 2,200 hectares.

On behalf of the Board of Directors

"Peter Espig"
Peter Espig
CEO & Director

For additional information

Contact: Peter Espig
Phone: (778) 385-1213

Office Phone: (604) 649-0080
Email: info@nicolamining.com

Forward-Looking Information

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


[1] Nicola Commences Construction of Cement Ready Mix Plant: Link
[2] May 2, 2022, News Release: Link

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268322

FAQ

What permits did Nicola Mining (HUSIF) receive for its gravel and cement operations in September 2025?

Nicola Mining received two key permits: a Notice of Departure (NoD) to operate a rock quarry with 3.0 million tonnes extraction capacity, and an extension of Gravel Pit mine life (Permit G1519) with highway right-of-way operations permit.

What is the significance of Nicola Mining's contract with Teck Resources' Highland Valley Copper project?

Through partner LNSS, Nicola Mining will supply gravel and cement for Teck Resources' $2.5 billion Highland Valley Copper expansion project, representing a significant revenue opportunity.

What is the daily production capacity of Nicola Mining's rock quarry operations?

The rock quarry can operate at a production rate of approximately 1,500 tonnes per day under the Notice of Departure permit.

How does Nicola Mining view its gravel pit and cement operations in its overall business strategy?

While these operations contribute to the bottom line and help build relationships with First Nations and local communities, management does not consider them core long-term revenue generators.

What additional contracts has Nicola Mining secured for its gravel pit operations?

Through LNSS, Nicola Mining has secured contracts with the Ministry of Transportation and various private sector entities for gravel supply from its pit operations.
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