Welcome to our dedicated page for Nicola Mining news (Ticker: HUSIF), a resource for investors and traders seeking the latest updates and insights on Nicola Mining stock.
Nicola Mining Inc. (HUSIF) operates as a vertically integrated junior mining company with active exploration projects and milling operations in British Columbia. This page serves as the definitive source for official news releases, operational updates, and strategic developments directly from the company.
Investors and industry stakeholders will find timely updates on drilling program results, milling capacity expansions, and strategic partnership announcements. The resource consolidates critical information spanning earnings reports, regulatory filings, and progress on key assets like the New Craigmont Copper Project and Merritt Mill operations.
Content highlights include exploration milestones from the Treasure Mountain Property, updates on profit-sharing agreements, and advancements in mineral processing technologies. All materials adhere to strict NI 43-101 standards, ensuring reliability for investment research and market analysis.
Bookmark this page to stay informed on Nicola Mining’s latest developments, partnership initiatives with entities like Talisker Resources, and its role in advancing sustainable mining practices through community-aligned projects.
Nicola Mining Inc. (TSXV: NIM) (OTCQB: HUSIF) has begun processing gold mill feed from Talisker Resources at its Merritt Mill, the only facility in British Columbia permitted to accept third-party gold and silver mill feed province-wide. The company has completed mill upgrades, including a water recirculation system and process automation, enhancing efficiency and safety.
Nicola has also started its 2024 diamond drilling program, targeting copper porphyry and skarn mineralization at the WP Zone. To boost investor awareness, the company has engaged Red Cloud Financial Services for media and marketing services. CEO Peter Espig noted a significant increase in operational activities and interest in milling agreements, indicating heightened mining activity in the province.
Nicola Mining has completed a 3D induced polarization (IP) survey at its New Craigmont Copper Project near Merritt, BC. The survey, conducted by Dias Geophysical, covered approximately 6.5 square kilometers and focused on the MARB-CAS and West Craigmont Zones. Key findings include significant resistivity and chargeability anomalies that indicate potential copper-rich areas. Based on these results, Nicola has commenced its 2024 diamond drilling program, targeting 5,000 meters of core drilling. Initial drilling will focus on the West Craigmont Zone, with possible expansion to the MARB/CAS areas later in the summer.
Nicola Mining and High Range Exploration have initiated work at the Dominion Creek Gold/Silver Project. Nicola Mining has provided $50,000 in funding to High Range Exploration for road construction, which will support bulk sample exploration after a permit is obtained. Nicola holds a 75% economic interest in Dominion. High Range received support from First Nations and submitted a revised 10,000-tonne bulk sample application to the Ministry of Energy, Mines and Low Carbon Innovation. Past sampling at Dominion revealed high-grade gold and silver results but progress was delayed due to COVID-19 and permit adjustments. Work began in early June 2024.
Nicola Mining has begun a 3D induced polarization (IP) survey at its New Craigmont Copper Project, located near Merritt, BC. Dias Geophysical is conducting this survey to refine two key exploration zones: MARB-CAS and WP-MARB 72. The survey spans approximately 6.5 square kilometers and aims to enhance the 2024 diamond drilling program. Historical IP surveys have shown strong correlations between chargeability anomalies and copper mineralization. This survey is expected to identify potential extensions and new drilling targets, particularly in areas with previously detected anomalies. Nicola Mining uses advanced 3D array technology to survey depths up to 700 meters, promising to improve the delineation of mineralized zones.
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