Nicola Mining Nears Gold and Silver Extraction at Dominion Project

Nicola Mining Inc. (NASDAQ: NICM) (TSXV: NIM) (FSE: HLIA) announced it is in the final stages of preparation to commence gold and silver extraction operations at its Dominion Gold Project in British Columbia, with mill feed extraction expected to begin during the first week of July. Material from the high-grade project will be processed at the company’s wholly owned Merritt Mill, the only fully permitted milling facility in British Columbia authorized to process gold and silver material from across the province.

In preparation for production, Nicola has completed several key infrastructure and operational initiatives, including installation of a 14-person operational camp, acquisition of mining equipment and hiring of operational crews and contractors. The company also strengthened its reclamation profile with an additional $251,000 payment toward reclamation bonding requirements.

Management said Dominion has demonstrated strong mineralization with vein systems open in all directions and grades of up to 113 grams of gold per tonne, while highlighting the project’s potential to become a significant source of high-grade mill feed and support future cash flow growth. The announcement underscores Nicola’s strategic focus on near-term production from the Dominion project, which is expected to generate revenue and enhance shareholder value.

Nicola Mining Inc. is a junior mining company 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 also owns 100% of the New Craigmont Project, a high-grade copper property covering 10,913 hectares adjacent to Highland Valley Copper, Canada’s largest copper mine, and the Treasure Mountain Property spanning over 2,200 hectares.

For more details, the full press release is available at https://ibn.fm/AWGFu, and the latest news and updates relating to NICM are in the company’s newsroom at https://ibn.fm/NICM. This development positions Nicola to capitalize on its Dominion project’s high-grade potential, leveraging its unique milling infrastructure in British Columbia.

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