Nicola Mining Inc. Advances Towards Steady Production in British Columbia

Nicola Mining Inc. (TSX.V: NIM) (OTCQB: HUSIF) has commenced processing high-grade gold and silver ore at its Merritt Mill facility, a move that underscores the company’s transition into a steady, long-term producer in British Columbia’s mining industry. This development is particularly noteworthy as it comes at a time when the value of precious metals is on the rise, positioning Nicola Mining to capitalize on current market conditions.

The Merritt Mill is expected to process 60,000 tons of ore annually, producing 21,000 ounces of gold-equivalent concentrate at full capacity. This facility not only provides accessible and reliable revenue for Nicola Mining’s British Columbian partners but also supports the company’s own copper, gold, and silver projects across the province. The mill’s ability to process both gold and silver mill feed via gravity and flotation processes makes it a unique asset in British Columbia, being the only permitted third-party processing facility in the region.

Peter Espig, CEO of Nicola Mining, expressed enthusiasm about the company’s progress, highlighting the rarity of junior miners reaching such a production milestone. Espig also noted the improved efficiencies in British Columbia’s permitting of underground mining operations, which are known for their minimal environmental impact. The strategic importance of the fully permitted mill, coupled with the company’s enhanced geological team, sets the stage for an exciting exploration campaign at the New Craigmont Project and the Treasure Mountain silver mine.

Nicola Mining’s ownership of the New Craigmont Copper Project, adjacent to Canada’s largest copper mine, and the Treasure Mountain Silver Project further solidifies its position in the mining sector. These assets, along with the operational Merritt Mill, provide a strong foundation for the company’s future growth and exploration efforts.

For more information on Nicola Mining Inc. and its projects, visit https://www.NicolaMining.com.

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