Nicola Mining Inc. Commences 10,000-Tonne Bulk Sample at Dominion Creek Gold-Silver Project
TL;DR
Nicola Mining's 10,000-tonne bulk sample at Dominion Creek offers investors a stake in high-grade gold and silver extraction, enhancing portfolio value with potential high returns.
Nicola Mining has completed site preparations for a 10,000-tonne bulk sample at Dominion Creek, including camp setup and roadwork, with extraction set post-road improvements by August 10.
Nicola Mining's project at Dominion Creek, supported by First Nations and local communities, promotes sustainable mining practices and economic growth in British Columbia.
Discover Nicola Mining's ambitious Dominion Creek project, where high-grade gold and silver ore extraction could redefine small-scale mining success in British Columbia.
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Nicola Mining Inc. (TSX.V: NIM) (FSE: HLIA) (OTCQB: HUSIF) has initiated a 10,000-tonne bulk sample at its Dominion Creek Mineral Project in British Columbia, a move that underscores the company's commitment to exploring and developing high-grade gold and silver deposits. The project, in which Nicola holds a 75% economic interest, has seen the completion of essential site preparations, including the setup of a 14-man camp, bridge construction, equipment mobilization, and roadwork. Extraction activities are set to begin after the completion of road improvements, anticipated by August 10.
The company received a draft permit in March for the extraction of 10,000 tonnes of high-grade gold and silver ore from Dominion Creek. Previous surface and chip samples from the site have yielded promising assays, including 62.1 g/t Au and 320 g/t Ag, alongside significant lead and zinc values. This development is a testament to the potential of the Dominion Creek project and Nicola Mining's strategic focus on high-grade mineral exploration.
Peter Espig, CEO of Nicola Mining, highlighted the significance of this milestone, noting it as the culmination of years of dedicated work. He also pointed to the growing support for small, high-grade projects in British Columbia from First Nations, local communities, and provincial ministries. This collaborative approach not only facilitates the advancement of mining projects but also ensures that they are developed in a manner that respects environmental and community interests.
The Dominion Creek project is part of Nicola Mining's broader portfolio, which includes the fully permitted mill and tailings facility near Merritt, British Columbia. The company's ability to process both gold and silver mill feed through gravity and flotation processes positions it as a key player in the mining sector. Additionally, Nicola's ownership of the New Craigmont Project and the Treasure Mountain Property further solidifies its presence in the mining industry, with assets that offer significant exploration and development potential.
For more information on Nicola Mining Inc. and its projects, visit https://ibn.fm/yuz4U. Investors looking for the latest updates on Nicola Mining can find them in the company's newsroom at https://ibn.fm/HUSIF.
Curated from InvestorBrandNetwork (IBN)
