FSE:HLIA

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

Retrieved on: 
Tuesday, April 9, 2024

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

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

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).