Nicola Mining Inc. Commences Long-Term Gold and Silver Production at Merritt Mill
TL;DR
Nicola Mining's transition to long-term gold and silver concentrate production at its Merritt Mill offers investors a strategic advantage in the burgeoning precious metals market.
Nicola Mining utilizes upgraded mill features including automation, gravity separation, and water recirculation systems to efficiently process high-grade ore from partnerships like Talisker Resources Ltd.
By responsibly managing mining ventures and partnering with companies like Blue Lagoon Resources, Nicola Mining contributes to sustainable resource development in British Columbia.
Nicola Mining's Merritt Mill now processes gold and silver concentrate, marking a significant leap from trial operations to full-scale production with advanced technology.
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Nicola Mining Inc. (TSX.V: NIM) (FSE: HLIA) (OTCQB: HUSIF) has officially begun long-term gold and silver concentrate production at its Merritt Mill in British Columbia, a significant step forward from its previous trial processing phase. This development was made possible following the arrival of a 3,100-tonne high-grade ore shipment from Talisker Resources Ltd. (TSX: TSK) (OTCQX: TSKFF), which is currently advancing the development of its Mustang Project. The Merritt Mill, now equipped with advanced automation, gravity separation, and water recirculation systems, represents a modern approach to mining operations.
In addition to its collaboration with Talisker Resources, Nicola Mining has entered into a partnership with Blue Lagoon Resources (CSE: BLLG) (OTCQB: BLAGF) (FSE: 7BL) and is gearing up to process bulk samples from the Dominion Creek Gold Project. Nicola holds a 75% economic interest in this project, further solidifying its position in the mining industry. Peter Espig, CEO of Nicola Mining, highlighted the strategic importance of the company's M-68 Mine Permit and the supportive stance of British Columbia towards responsibly managed mining ventures.
The commencement of long-term production at the Merritt Mill not only underscores Nicola Mining's operational capabilities but also its commitment to sustainable and efficient mining practices. With its fully permitted mill capable of processing both gold and silver mill feed through gravity and flotation processes, Nicola Mining is poised to make a significant impact in the mining sector. The company's ownership of the New Craigmont Project and the Treasure Mountain Property further enhances its portfolio, offering promising prospects for future growth and development in the industry.
Curated from InvestorBrandNetwork (IBN)
