Craigmont | Jotup

Nicola Mining Prepares for 2023 Drilling Exploration at New Craigmont Copper Project

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Tuesday, May 2, 2023

Vancouver, British Columbia--(Newsfile Corp. - May 2, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola") is pleased to announce that it has finalized its 2023 diamond drilling exploration planning (the "2023 Program") at its wholly-owned New Craigmont Copper Project ("New Craigmont"), located near Merritt, BC, and 33 km south of Teck Resources Ltd.'s Highland Valley Copper, Canada's largest open pit copper mine.

Key Points:

Vancouver, British Columbia--(Newsfile Corp. - May 2, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola") is pleased to announce that it has finalized its 2023 diamond drilling exploration planning (the "2023 Program") at its wholly-owned New Craigmont Copper Project ("New Craigmont"), located near Merritt, BC, and 33 km south of Teck Resources Ltd.'s Highland Valley Copper, Canada's largest open pit copper mine.
Drilling is expected to commence mid-May and the Company has engaged Western Exploration Diamond Drilling (Western), for the 2023 program.
Western, who is a local drilling company, has successfully completed all diamond drilling at New Craigmont since 2016.
Nicola received a MYAB Permit to conduct exploration activities through to 2027 including diamond drilling and Induce Polarity (IP) geophysical survey.

Nicola Provides Year in Review: 2022

Retrieved on:

Tuesday, December 20, 2022

Vancouver, British Columbia--(Newsfile Corp. - December 20, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola") is providing "Year in Review: 2022", with the hope that it provides additional clarity on several key milestones that were achieved in 2022.

Key Points:

Vancouver, British Columbia--(Newsfile Corp. - December 20, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola") is providing "Year in Review: 2022", with the hope that it provides additional clarity on several key milestones that were achieved in 2022.
On March 14, 2022, Nicola announced that it had entered into a Rock and Gravel Extraction and Preferential Engagement Agreement (the "Agreement") with Lower Nicola Site Services Ltd. ("LNSS") an indirectly majority-owned company.
LNSS is a partnership between the Lower Nicola Indian Band Development Corporation and Infracon Construction Inc.
Last month, on November 21, 2022, we announced that we had received a multi-year area-based exploration permit, Permit Number MX-4-697 (the "MYAB Permit4"), on November 3, 2022.

Nicola Mining Provides Exploration Update Including Results from Recently Completed ZTEM Survey

Retrieved on:

Tuesday, September 13, 2022

The Z-axis Tipper Electromagnetic ("ZTEM") survey has imaged the electrical conductivity signature of known mineral occurrences ("MINFILEs1") in the province of British Columbia.

Key Points:

The Z-axis Tipper Electromagnetic ("ZTEM") survey has imaged the electrical conductivity signature of known mineral occurrences ("MINFILEs1") in the province of British Columbia.
ZTEM has produced similar comparable signatures in other locations within the district of the Property.
The Company is continuing data compilation and interpretation to better refine targets for a drilling exploration program upon receipt of the multi-year area-based ("MYAB1") exploration permit.
A 1,029 line-kilometre ZTEM survey was completed across a 184 square kilometre block covering the New Craigmont Property.

Nicola Mining Provides Exploration Updates for New Craigmont and Treasure Mountain Projects and Operational Update for Merritt Mill

Retrieved on:

Thursday, January 20, 2022

Carbon, Titan, Ministry, Craigmont, FSE, Copper, Soil, Property, First Nations, Company, Fort McKay First Nation, John Work House and Mill Site, MYAB, Anomaly, Lidar, Surveying, Lithium, Road

In addition to exploration summaries, the Company will also provide a brief operational update on its wholly-owned Merritt Mill.

Key Points:

In addition to exploration summaries, the Company will also provide a brief operational update on its wholly-owned Merritt Mill.
The historic Craigmont deposit is a high-grade Cu-Fe skarn deposit that previously produced approximately 34Mt grading 1.3% Cu.
The ZTEM survey will probe for potential fluid sources that precipitated the copper that was previously extracted.
Nicola plans to work with a First Nations' affiliated company to provide gravel and riprap for the repair efforts.

Nicola Mining Announces 2021 Exploration Objectives at New Craigmont Copper Project

Retrieved on:

Monday, January 18, 2021

Nicola Country, Merritt, British Columbia, Craigmont, Porphyry copper deposit

Vancouver, British Columbia--(Newsfile Corp. - January 18, 2021) - Nicola Mining Inc. (TSXV: NIM) (the "Company" or "Nicola") is pleased to provide a 2021 exploration outline at its wholly-owned New Craigmont Copper Project, located near Merritt, BC, and 33 km south of the Highland Valley Copper porphyry district.

Key Points:

Vancouver, British Columbia--(Newsfile Corp. - January 18, 2021) - Nicola Mining Inc. (TSXV: NIM) (the "Company" or "Nicola") is pleased to provide a 2021 exploration outline at its wholly-owned New Craigmont Copper Project, located near Merritt, BC, and 33 km south of the Highland Valley Copper porphyry district.
The 2021 program ("2021 Program") includes up to 21 drill holes (8520 metres1), five new trenches and the reactivation of 6 historic trenches.
A trenching program is aimed at developing three target areas where copper occurrences have been observed but not drill tested.
In November of 2015, Nicola became the first group in decades to consolidate ownership of the New Craigmont Project (the "Property") and has been actively conducting mineral exploration since.