Nicola Mining Completes 2025 Dominion Work Program, Discovers Three New Veins

Nicola Mining Inc. (TSX.V: NIM) (FSE: HLIA) (OTCQB: HUSIF) has successfully completed its 2025 work program at the Dominion project, marking a significant milestone in the company's exploration and development efforts. The completion includes all mine development work necessary for the upcoming 10,000-tonne bulk sample, which is scheduled to recommence operations in July 2026. This development represents a crucial step forward in advancing the project toward potential production and resource definition.

During the development phase, the company made a substantial discovery of three new veins—Mid-West, West and 16 East—located near historically known South Pit and 16 Veins. These newly identified mineralized zones were systematically sampled and sent to Paragon Geochemical for comprehensive analysis, with results currently pending. The discovery of multiple new veins in close proximity to known mineralized structures suggests potential for expanded gold-bearing zones and increased resource potential at the Dominion property.

The company management noted that these findings significantly enhance confidence in the project's scale and geological potential. The identification of additional vein systems could potentially expand the mineralized footprint and increase the overall resource potential of the Dominion project. This development comes at a time when the global mining industry faces increasing challenges in discovering new high-grade deposits, making such discoveries particularly valuable for junior mining companies and their stakeholders.

Nicola Mining deferred initial shipments to its fully permitted Nicola mill due to heavy rainfall conditions and an expanded project scope resulting from the new vein discoveries. The company's mill and tailings facility, located near Merritt, British Columbia, represents a significant strategic asset that can process both gold and silver mill feed through gravity and flotation processes. This infrastructure advantage positions Nicola Mining uniquely among junior mining companies, providing operational flexibility and potential revenue streams from third-party milling agreements.

The company maintains additional significant assets including the New Craigmont Project, a high-grade copper property covering 10,913 hectares along the southern end of the Guichon Batholith, adjacent to Highland Valley Copper, Canada's largest copper mine. The strategic location of this property provides potential synergies and exploration advantages in a well-established mining district. Additional information about the company's developments is available through their corporate communications at https://ibn.fm/HUSIF.

The discovery of new veins at the Dominion project has broader implications for the mining sector, particularly in British Columbia's evolving mineral exploration landscape. Successful development of these new zones could contribute to regional economic development while demonstrating the continued potential for new discoveries in established mining districts. The pending analytical results from Paragon Geochemical will be crucial in determining the economic significance of these new discoveries and guiding future exploration and development decisions at the property.