TSX-V:NIM

Nicola Mining Inc. and Talisker Resources Ltd. Enter into Milling Agreement

Retrieved on: 
Tuesday, April 9, 2024
Agreement, Gold, News, National instrument, TSX, Qualified person (European Union), Artemis program, Nicola, Talisker, Mining

Vancouver, British Columbia--(Newsfile Corp. - April 9, 2024) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA), ( the "Company" or "Nicola ") is pleased to announce that on April 1, 2024, it and Talisker Resources Ltd. (TSX: TSK) (OTCQX: TSKFF) (“Talisker”) have signed a Milling Agreement (the “Agreement”).

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - April 9, 2024) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA), ( the "Company" or "Nicola ") is pleased to announce that on April 1, 2024, it and Talisker Resources Ltd. (TSX: TSK) (OTCQX: TSKFF) (“Talisker”) have signed a Milling Agreement (the “Agreement”).
  • Under the Agreement, Talisker may transport material to Nicola's mill site, located near Merritt, British Columbia.
  • Nicola's Merritt Mill is a unique $30.0 million plus milling and processing facility constructed on free-hold industrial-zoned land owned 100% by the Company.
  • Since 2016, Nicola has entered into several profit share agreements with mining companies, including Osisko Development .

Nicola Mining and Lower Nicola Site Services Commence Construction of Cement Plant to Service Infrastructure Projects

Retrieved on: 
Friday, April 5, 2024
Carbon, Partner, First Nations, Partnership, Sand, News, National instrument, Qualified person (European Union), Ministry

Vancouver, British Columbia--(Newsfile Corp. - April 5, 2024) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) (the " Company" or "Nicola ") announces that it has commenced construction of a cement plant along with its partner Lower Nicola Site Services Ltd ("LNSS"), which is a partnership between the Lower Nicola Indian Band Development Corporation and Infracon Construction Inc.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - April 5, 2024) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) (the " Company" or "Nicola ") announces that it has commenced construction of a cement plant along with its partner Lower Nicola Site Services Ltd ("LNSS"), which is a partnership between the Lower Nicola Indian Band Development Corporation and Infracon Construction Inc.
  • The cement plant is to be located on a gravel pit owned by the Company (Permit G1519) that is operated by LNSS.
  • Given that Nicola and LNSS (together, the "Partners") are already active in supplying riprap, sand and gravel to the region and infrastructure projects, the vertical integration was a logical development.
  • Supplying cement will not only augment our revenues, but it will also benefit communities and bridge relationships."

Nicola Mining Inc. Engages Dias Geophysical to Conduct IP Survey at New Craigmont Copper Project

Retrieved on: 
Wednesday, February 21, 2024
Anomaly, MARB, Teck Resources, WP, IP, Guichón, Nicola

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.
  • To view an enhanced version of this graphic, please visit:
    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).

Nicola Mining Announces Prepayment of Convertible Debentures

Retrieved on: 
Friday, December 29, 2023
Finance Secretary (India), Security (finance)

Vancouver, British Columbia--(Newsfile Corp. - December 29, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF), (the "Company" or "Nicola") announces that it has agreed with certain debenture holders to prepay 22% of the current principal amount of $5,296,706 (the "Principal Prepayment Amount") of certain convertible debentures (each, a "Debenture") maturing on November 21, 2025 (the "Maturity Date"), pay a prepayment premium of 10% of the Principal Prepayment Amount and prepay interest (the "Prepayment of Interest Amount") on the Debentures to the Maturity Date.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - December 29, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF), (the "Company" or "Nicola") announces that it has agreed with certain debenture holders to prepay 22% of the current principal amount of $5,296,706 (the "Principal Prepayment Amount") of certain convertible debentures (each, a "Debenture") maturing on November 21, 2025 (the "Maturity Date"), pay a prepayment premium of 10% of the Principal Prepayment Amount and prepay interest (the "Prepayment of Interest Amount") on the Debentures to the Maturity Date.
  • The Company intends to pay an aggregate of $1,165,275 in Principal Prepayment Amount, an aggregate of $116,527.50 in Prepayment Premium Amount and an aggregate of $233,055 in Prepayment Interest Amount, leaving a balance of an aggregate of $4,131,431 in Debentures.
  • This marks the second prepayment of outstanding debenture obligations, as the Company previously announced, on July 12, 2022, the prepayment of $1,329,176 of the principal and $81,936 in accrued interest.

Nicola Mining 2023 Drilling Program at New Craigmont Copper Project Reveals Significant Porphyry-style Alterations

Retrieved on: 
Thursday, December 21, 2023
Quartz, National instrument, Database, Anomaly, QA/QC, 1E3, Quality control, Gravity anomaly, News, QC, Digestion, ICP-OES, IP, CRMS, Certified reference materials, CAS, Typesetting

Once complete, Nicola will begin building a 3D geological interpretation using core logs, mapping data and geophysics.

Key Points: 
  • Once complete, Nicola will begin building a 3D geological interpretation using core logs, mapping data and geophysics.
  • To view an enhanced version of this graphic, please visit:
    Mr. Peter Espig, CEO of Nicola Mining Inc., commented on the findings: "Overall the 2023 Program yielded encouraging results.
  • Nicola maintains tight sample security, and quality assurance and quality control (QA/QC) for all aspects of its exploration program.
  • Nicola geologists are currently reviewing the results of the QC program, pending lab re-runs of select sample batches.

Nicola Provides Year in Review: 2023

Retrieved on: 
Monday, December 11, 2023
Carbon, ODV, Nicola, Hope, Gold, WP, News, LOI, Letter, IP, Ministry, Year-in-review, Project, Rare-earth element

Vancouver, British Columbia--(Newsfile Corp. - December 11, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSID) (the "Company" or "Nicola") is pleased to provide its "Year in Review: 2023", with the hope of providing additional clarity on several key milestones that were achieved in 2023.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - December 11, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSID) (the "Company" or "Nicola") is pleased to provide its "Year in Review: 2023", with the hope of providing additional clarity on several key milestones that were achieved in 2023.
  • For the first nine months of the year, Nicola achieved positive earnings, a unique characteristic amongst junior mining companies.
  • The relationship between Nicola and Ocean Partners was further strengthened when the co-CEO of the latter joined our board of directors[3].
  • On May 2, 2023, Nicola announced that it had finalized a 2023 diamond drilling exploration program (the "2023 Program") and hired William Whitty, P. Geo as VP of Exploration.

Nicola Mining Inc. Provides Update on Letter of Intent with Nitettsu Mining

Retrieved on: 
Tuesday, November 28, 2023
National instrument, Research, Engineering, Property, WP, News, Natural science, University, UBC, Mining

The Company announced that it had entered into a non-binding letter of intent ("LOI") on September 6, 2023, which was subsequently followed by a two-week site visit by Nittetsu's geological team.

Key Points: 
  • The Company announced that it had entered into a non-binding letter of intent ("LOI") on September 6, 2023, which was subsequently followed by a two-week site visit by Nittetsu's geological team.
  • During the site visit, Nittetsu and Nicola worked on mapping, evaluating recent and historic drill core, and compilation of historical data.
  • The Property, other than areas associated with the historic mine, remains largely unexplored and lacks drill data.
  • Peter Espig, CEO of Nicola, commented, "We are grateful for the experience working with Nitettsu and its value-added input into our ongoing exploration.

Metals and Mining Virtual Investor Conference: Presentations Now Available for Online Viewing

Retrieved on: 
Friday, October 6, 2023
Metal, Conference, Cryptocurrency

NEW YORK, Oct. 06, 2023 (GLOBE NEWSWIRE) -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Metals and Mining Virtual Investor Conference, held October 3rd- 5th are now available for online viewing.

Key Points: 
  • NEW YORK, Oct. 06, 2023 (GLOBE NEWSWIRE) -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the presentations from the Metals and Mining Virtual Investor Conference, held October 3rd- 5th are now available for online viewing.
  • The company presentations will be available 24/7 for 90 days.
  • Investors, advisors, and analysts may download investor materials from the company’s resource section.
  • Select companies are accepting 1x1 management meeting requests through October 10th.

Metals & Mining Virtual Investor Conference Agenda Announced for October 3rd- October 5th

Retrieved on: 
Monday, October 2, 2023
OTC Markets Group, VIC, Corporate services, Conference, Metal, Cryptocurrency

NEW YORK, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the Metals & Mining Virtual Investor Conference to be held on October 3rd-5th, 2023.

Key Points: 
  • NEW YORK, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the Metals & Mining Virtual Investor Conference to be held on October 3rd-5th, 2023.
  • Individual investors, institutional investors, advisors, and analysts are invited to attend.
  • It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.
  • “We’re looking forward to hosting the upcoming Metals & Mining Virtual Investor Conference,” said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group.

Nicola Mining Inc. Signs Letter of Intent with Nittetsu Mining Co. Ltd. for Exploration at New Craigmont Copper Project

Retrieved on: 
Wednesday, September 6, 2023
Shin Nittetsu-mae Station, Treasure Mountain, Electricity, Property, FSE, Sale, LOI, Coal, Renewable energy, Republic, National instrument, Transaction, Mining, MM, Project, Copper, News, Cryptocurrency, Commercial property

The total aggregate $25.0 MM contribution by Nittetsu would value the New Craigmont Project at $62.5 MM would garner Nittetsu a 40% interest in the New Craigmont Copper Project.

Key Points: 
  • The total aggregate $25.0 MM contribution by Nittetsu would value the New Craigmont Project at $62.5 MM would garner Nittetsu a 40% interest in the New Craigmont Copper Project.
  • Peter Espig, CEO of Nicola, commented, "We are very excited to be working with Nittetsu, which brings a great deal of experience and credibility to our New Craigmont Copper Project.
  • We are also very excited to know that the Project is Nittetsu's first foray into a British Columbia based copper project."
  • Nittetsu operates Atacama Copper Mine and currently in the process of developing a second copper mine in the Republic of Chile.