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Mine and New Gold Inc.’s New Afton Mine. Volcanic rocks belonging to the
Spences Bridge Group, known to contain epithermal-style gold mineralization, predominate the west of the New Craigmont property. Large north-south trending faults with considerable displacement are intersected by regional-scale geophysical anomalies, potentially ideal structural environments for the emplacement of porphyries.
153:, including the three largest in Canada. The 10.900+ land package includes one of Canada's highest grade former producing copper mines, the Craigmont Mine, and despite this dense concentration of current and historical production, as of 2024, none match the historic grades found at the former producing Craigmont Mine.
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The
Treasure Mountain mine property, under the full ownership of Nicola Mining Inc., is located within the Similkameen Mining Division in British Columbia, positioned 29 kilometers northeast of Hope, BC. The property consists of 31 mineral tenures, which include 30 mineral claims and a single mineral
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Nicola Mining received a multi-year area-based exploration permit in
November 2022, allowing for extensive drilling and exploration over the next four years. Its CEO, Peter Espig, emphasized the significance of exploring previously undrilled areas of the property, noting the potential for discovering
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As of 2024, Nicola Mining is exploring copper in the
Quesnel Trough with ongoing drilling campaigns and exploration programs. The company's MYAB permit allows for significant expansion of exploration activities, targeting areas that have not previously been drilled. The company's collaboration with
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This facility is critical to Nicola Mining's operations, serving as a gold and silver ore processing site. The
Merritt Mill and its tailings site span roughly 980 acres of fee simple land and can process 200 tones of ore per day through crushing, grinding, and flotation. It is authorized for custom
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appear to be laterally the most extensive group within the southern portion of the
Quesnel Trough. These are intruded by batholiths or large regionally extensive intrusions. The batholith in the southern Quesnel Trough hosts world-class porphyry deposits, like Teck Resources’ Highland Valley Copper
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Nicola Mining maintains multiple synergistic assets within
British Columbia. These include two permitted mine properties: the historic Craigmont Copper Mine (Permit M-68) and the Treasure Mountain Silver Mine (Permit M-239). Additionally, the company owns the Merritt Mill, the only site in the
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of Late
Paleozoic to Cretaceous age plus younger intrusions and sediments. Predecessor Company "Hudra Silver Inc.” prior to the 2015 name change to Nicola Mining Inc., put Treasure Mountain on care and maintenance on June 25, 2013.
125:, and a ready-mix concrete plant. Nicola Mining holds a 75% economic stake in the Dominion Creek Property and has partnered with Lower Nicola Site Services to operate its gravel pit and rock quarry.
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milling and is situated 10 kilometers northwest of
Merritt, BC. It is the only facility in British Columbia permitted to process third-party gold and silver mill feed from across the province.
142:. The property spans over 10,900 hectares and includes the Craigmont Mine, one of Canada's highest-grade former copper producers. Recent exploration activities have included drilling,
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The
Treasure Mountain property hosts polymetallic veins, including those of the historic Treasure Mountain silver-lead-zinc mine. It is situated in the northward continuation of the
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headquartered in Vancouver, British Columbia. Established as Huldra Silver Inc. on March 31, 1980, the company was reorganized as Nicola Mining Inc. on May 29, 2015.
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in the Dominion Creek Property, a gold exploration project. The company is focused on advancing exploration activities on the property, leveraging its
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between the Lower Nicola Indian Band Corporation and Infracon Construction of Kamloops. This partnership enables the operation of the company's
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Nicola Mining's flagship project, the New Craigmont Copper Project, is in the Quesnel Trough, a historically significant copper belt in
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new copper deposits. The drilling commenced on July 3, 2024, about 6 Km west of the Craigmont Mine.
323:"Nicola Mining drills 2.19% copper over 11.5 metres at New Craigmont, BC – Resource World Magazine"
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Nicola Mining has established a mutually beneficial partnership with Lower Nicola Site Services, a
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298:"Nicola Mining Commences 5,000 metres of exploration drilling at New Craigmont copper project"
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province permitted to process gold and silver ore from sources throughout British Columbia.
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421:"Fresh drilling set after promising find near old Craigmont Mine site northwest of Merritt"
343:"Nicola Mining diamond drilling New Craigmont, British Columbia – Resource World Magazine"
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268:"Peter Espig, President & CEO of Nicola Mining Inc., Top 10 Admired Leaders of 2023"
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The company also has a relationship with Ocean Partners UK Limited, a global trader of
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March 1980 (as Huldra Silver Inc.) May 29, 2015 (as Nicola Mining Inc.)
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445:"Miner Adds High-Grade Gold Property to Its Copper, Silver Projects"
494:"Talisker signs B.C. gold processing deal with Nicola Mining"
105:(TSX.V: NIM) (FSE: HLIA) (OTCQB: HUSIF) is a Canadian junior
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The company's operations include a gravel pit, a rock
181:of Washington State, which contain sedimentary and
149:New Craigmont Copper Project is surrounded by five
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174:lease, spanning an area exceeding 2,200 hectares.
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369:"Craigmont Mines closes 'for good'"
190:Merritt Mill and Tailings Facility
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419:Potestio, Michael (2024-04-10).
169:Treasure Mountain Silver Project
367:Herald, Merritt (2012-11-15).
240:University of British Columbia
215:Partnerships and collaboration
160:The Nicola Group volcanic and
72:Will Whitty (VP-Exploration)
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113:Business model and operations
134:New Craigmont Copper Project
469:"MINFILE Mineral Inventory"
393:"MINFILE Mineral Inventory"
60:Vancouver, British Columbia
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203:Nicola Mining holds a 75%
74:Kairan Liu (SR. Geologist)
449:www.streetwisereports.com
296:Redaktion (2024-07-03).
498:Resource World Magazine
492:Staff, Resource World.
211:from other operations.
199:Dominion Creek Property
16:Junior mining company
144:geophysical surveys
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425:Castanet Kam Loops
227:and rock quarry.
70:Peter Espig (CEO)
473:minfile.gov.bc.ca
397:minfile.gov.bc.ca
205:economic interest
179:Cascade Mountains
162:sedimentary rocks
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57:Headquarters
36:OTCQB: HUSIF
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304:(in German)
32:TSX.V: NIM
503:2024-09-26
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302:Goldinvest
277:2024-09-26
246:References
225:gravel pit
66:Key people
34:FSE: HLIA
209:cash flow
27:Traded as
518:Category
129:Projects
79:Services
41:Industry
87:Website
49:Founded
123:quarry
44:Mining
238:the
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