Nicola Mining (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) has received the Final Permit to conduct a bulk sample at its Dominion Creek Mineral Project, a high-grade gold and silver property in which the company holds a 75% economic interest. The permit, effective until Feb. 27, 2030, allows Nicola and partner High Range Exploration Ltd. to extract ore before transitioning to reclamation. The company also obtained a Free Use Permit to upgrade a haul road for ore transport. Additionally, Nicola closed a non-brokered private placement, issuing 4,038,955 units for gross proceeds of approximately $1.13 million, with net proceeds of $1.07 million after finder’s fees. Ore extraction at Dominion is expected to begin in July 2025.
To view the full press release, visit https://ibn.fm/soROg
About Nicola Mining
Nicola Mining Inc. is a junior mining company listed on the Exchange and Frankfurt Exchange that maintains a 100% owned mill and tailings facility, located near Merritt, British Columbia. It has signed Mining and Milling Profit Share Agreements with high grade gold projects. Nicola’s fully permitted mill can process both gold and silver mill feed via gravity and flotation processes.
The Company owns 100% of the New Craigmont Project, a high-grade copper property, which covers an area of 10,913 hectares along the southern end of the Guichon Batholith and is adjacent to Highland Valley Copper, Canada’s largest copper mine. The Company also owns 100% of the Treasure Mountain Property, which includes 30 mineral claims and a mineral lease, spanning an area exceeding 2,200 hectares.
For more information, visit the company’s website at https://nicolamining.com/
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