Nicola Mining Inc. Engages Dias Geophysical to Conduct IP Survey at New Craigmont Copper Project
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Wednesday, February 21, 2024
Vancouver, British Columbia--(Newsfile Corp. - February 21, 2024) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) (the "Company" or "Nicola") is pleased to announce that it has contracted Dias Geophysical ("Dias") to conduct a 3D Induced Polarization survey ("IP survey") at its wholly-owned New Craigmont Copper Project ("New Craigmont"), which is located near Merritt, B.C.
Key Points:
- Vancouver, British Columbia--(Newsfile Corp. - February 21, 2024) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) (the "Company" or "Nicola") is pleased to announce that it has contracted Dias Geophysical ("Dias") to conduct a 3D Induced Polarization survey ("IP survey") at its wholly-owned New Craigmont Copper Project ("New Craigmont"), which is located near Merritt, B.C.
- The IP Survey, targeted for late April / early May, will encompass two key target areas and cover about 4.5 square kilometers.
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In 2017 and 2018 , Nicola engaged Scott Geophysics to complete 32.45 line-kilometers of IP survey, as shown in Figure 1. - Survey results and subsequent exploration drilling saw a significant correlation between IP data and high-grade copper intercepts at the Embayment Zone (Figure 2).