Nicola Mining Reports US$2.3 Million in August Gold Sales Through Talisker Partnership

Nicola Mining Inc. has commenced shipping gold concentrate under its Mining, Milling and Smelting Agreement with Talisker Resources Ltd., selling 707 ounces of gold in August for gross proceeds of approximately US$2.3 million. The production gains followed extensive upgrades to Nicola's processing facilities, including automation to enhance flotation recovery and installation of a large concentrator to optimize free gold recovery for ore from Talisker and Nicola's Dominion Gold Project.

CEO Peter Espig stated that these improvements solidify Nicola's position as a producer positioned to benefit from gold and silver prices while advancing work at its high-grade Treasure Mountain silver project. The company maintains a 100% owned mill and tailings facility near Merritt, British Columbia, which is fully permitted to process both gold and silver mill feed via gravity and flotation processes.

Nicola Mining's operational success through the Talisker partnership demonstrates the viability of its milling operations and profit-sharing business model. The company has signed Mining and Milling Profit Share Agreements with high-grade gold projects, providing a revenue stream while minimizing exploration and development risks. This approach allows Nicola to generate cash flow while maintaining exposure to precious metal price appreciation.

The company's asset portfolio includes 100% ownership of the New Craigmont Project, a high-grade copper property covering 10,913 hectares along the southern end of the Guichon Batholith. This property is adjacent to Highland Valley Copper, Canada's largest copper mine, providing strategic positioning in a proven mining district. Additionally, Nicola owns 100% of the Treasure Mountain Property, which includes 30 mineral claims and a mineral lease spanning over 2,200 hectares.

For investors seeking additional information, the latest news and updates relating to Nicola Mining are available in the company's newsroom at https://ibn.fm/HUSIF. The company's diversified asset base and operational improvements position it to capitalize on strong precious metal markets while developing its copper and silver projects in British Columbia's established mining regions.