Nicola Mining Receives Five Year Mine Life Extension for Its Flagship Copper Project New Craigmont Property
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) ha ottenuto una significativa estensione quinquennale per sei Miniere Concesse presso la New Craigmont Property dal Ministero delle Miniere e dei Minerali Critici. Il terreno, che copre oltre 10.800 ettari, è strategicamente situato accanto alla più grande miniera di rame del Canada, Highland Valley Copper di Teck Resources.
Il CEO dell’azienda, Peter Espig, ha messaggiato le attività esplorative recenti focalizzate sull’identificazione di un sistema porfirico, spostandosi oltre l’esplorazione tradizionale di skarn. L’estensione dei permessi di estrazione (M-68) e dei leasing posiziona la società per accelerare la transizione dall’esplorazione allo stato operativo, mantenendo gli impegni ambientali e di consultazione.
Nicola Mining (OTCQB: HUSIF) ha asegurado una importante prórroga de cinco años para seis concesiones mineras en su propiedad New Craigmont, concedida por el Ministerio de Minería y Minerales Críticos. La propiedad, que abarca más de 10.800 hectáreas, está estratégicamente ubicada junto a la mayor mina de cobre de Canadá, Highland Valley Copper de Teck Resources.
El CEO de la empresa, Peter Espig, destacó sus recientes actividades de exploración centradas en identificar un sistema porfirico, yendo más allá de la exploración tradicional de skarn. La extensión de los permisos de extracción (M-68) y de las concesiones posiciona a la compañía para acelerar la transición de exploración a operación, manteniendo los compromisos ambientales y de consulta.
Nicola Mining (OTCQB: HUSIF)가 뉴 크레이그몬트 자산의 광산 임대 6건에 대해 광업 및 핵심 광물부로부터 5년의 중요한 연장을 확보했습니다. 이 자산은 10,800헥타르를 넘어으며, 캐나다에서 가장 큰 구리 광산인 Teck Resources의 Highland Valley Copper 옆에 전략적으로 위치해 있습니다.
CEO Peter Espig는 전통적인 석회석(skarn) 탐사에서 벗어나 포러스 시스템을 식별하는 것을 목표로 하는 최근 탐사 활동을 강조했습니다. 채굴 허가(M-68) 및 임대의 연장은 회사를 탐사에서 운영으로의 전환을 가속화할 수 있는 위치로 만들고, 환경 및 협의 약속을 유지합니다.
Nicola Mining (OTCQB: HUSIF) a obtenu une prolongation quinquennale significative pour six baux d’exploitation minière sur son terrain New Craigmont, accordée par le Ministère des Mines et des Minéraux Critiques. La propriété, couvrant plus de 10 800 hectares, est stratégiquement située adjacente à la plus grande mine de cuivre du Canada, Highland Valley Copper de Teck Resources.
Le PDG de l’entreprise, Peter Espig, a souligné ses récentes activités d’exploration axées sur l’identification d’un système porphyrique, allant au‑delà de l’exploration conventional de skarn. L’extension des permis d’exploitation (M-68) et des baux positionne la société pour accélérer la transition de l’exploration à l’exploitation, tout en respectant les engagements environnementaux et de consultation.
Nicola Mining (OTCQB: HUSIF) hat eine bedeutende fünfjährige Verlängerung für sechs Bergbaurechte auf dem New Craigmont-Gelände vom Ministerium für Bergbau und Kritische Mineralien erhalten. Das Gelände erstreckt sich über mehr als 10.800 Hektar und liegt strategisch angrenzend an die größte Kupfermine Kanadas, Highland Valley Copper von Teck Resources.
Der CEO des Unternehmens, Peter Espig, hob die jüngsten Explorationsaktivitäten hervor, die darauf abzielen, ein Porphyrsystem zu identifizieren, und damit über die traditionelle Skarn-Erkundung hinausgehen. Die Verlängerung der Bergbaulizenz (M-68) und der Liegenschaften positioniert das Unternehmen möglicherweise besser, um den Übergang von der Erkundung zur Betriebsaufnahme zu beschleunigen, bei gleichbleibender Umwelt- und Konsultationsverpflichtung.
Nicola Mining (OTCQB: HUSIF) قد أمنت تمديداً هاماً لمدة خمس سنوات لست رخص تعدين في ممتلكاتها نيو كريгоماونت من وزارة التعدين والمعادن الحيوية. تمتد الملكية على أكثر من 10,800 هكتار وتقع استراتيجياً بجوار أكبر منجم نحاس في كندا، Highland Valley Copper التابع لـ Teck Resources.
أبرز الرئيس التنفيذي للشركة بتر إسبِغ أن نشاطاتهم الاستكشافية الأخيرة تركزت على تعريف نظام بورفي، متجاوزين الاستكشاف التقليدي للزركنة. تمديد رخص التعدين (M-68) والاشتراطات يمنح الشركة إمكانية تسريع الانتقال من الاستكشاف إلى التشغيل مع الحفاظ على الالتزامات البيئية والاستشارة.
Nicola Mining (OTCQB: HUSIF) 已从矿业与关键矿物部获得六个矿业租约在New Craigmont财产上为期五年的重大延长。该财产规模超过10,800公顷，地处加拿大最大的铜矿Teck Resources的Highland Valley Copper旁，具有战略位置。
公司CEO Peter Espig强调，最近的勘探活动聚焦于识别花岗岩型系统，超越了传统的角砾岩勘探。矿业许可（M-68）及租约的延长，使公司有可能加速从勘探向运营阶段的转变，同时维持环保和协商承诺。
- Secured five-year extension for six Mining Leases
- Strategic location adjacent to Canada's largest copper mine
- Property includes site of Canada's highest grade historic copper mine
- Large land package of over 10,800 hectares
- Existing mining permits could expedite transition from exploration to operations
- Currently still in exploration phase with no active mining operations
- Exploration success in identifying porphyry system not yet confirmed
Vancouver, British Columbia--(Newsfile Corp. - September 17, 2025) - Nicola Mining Inc. (TSXV: NIM) (OTCQB: HUSIF) (FSE: HLIA) (the "Company" or "Nicola Mining") is pleased to announce that it has received six Mining Lease extensions for five years from the Ministry of Mining and Critical Minerals. The six Mining Lease extensions (together, "Mine Lease Extensions"), 237642 to 237647, extend its wholly-owned New Craigmont Property (the "Property") for five years, which is located adjacent to Teck Resources Ltd.'s Highland Valley Copper, Canada's largest copper mine.
The Mine Lease Extensions hold significant value for the Company's over 10,800-hectare project, which is the location of Canada's highest grade historic copper mine.
Peter Espig, CEO of Nicola, commented, "This year we have actively conducted exploration that was not focused on skarn, but vectoring towards a porphyry system. Maintaining mine permits (M-68) and garnering Mine Lease Extensions can significantly expedite a projected moving from exploration to operation. At Nicola, we have, and will continue to, work diligently on environmental, consultation, and maintaining permits in good standing."
About Nicola Mining
Nicola Mining Inc. is a junior mining company listed on the Exchange and Frankfurt Exchange that maintains a
The Company owns
On behalf of the Board of Directors
"Peter Espig"
Peter Espig
CEO & Director
For additional information
Contact: Peter Espig
Phone: (778) 385-1213
Email: info@nicolamining.com
URL: www.nicolamining.com
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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/266764
FAQ
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