Nicola Mining Inc. has reported a material increase in throughput of high-grade gold and silver mill feed sourced from its partnership with Blue Lagoon Resources at the Dome Mountain Gold Project. The company has transitioned its fully permitted Merritt Mill to a flotation-only recovery circuit to better process sulphide-hosted mineralization, enhance metallurgical recoveries and improve concentrate grades.
The operational shift to a flotation-only circuit represents a strategic adaptation to the specific mineralogy of the material being processed. This technical adjustment is designed to optimize the extraction of gold and silver from sulphide ores, potentially leading to higher recovery rates and more valuable concentrate production. The high-grade gold-silver flotation concentrate produced is being sold to Ocean Partners UK Limited, establishing a revenue stream from the mill's operations.
Beyond the mill enhancements, Nicola Mining announced continued underground development at the Dome Mountain project. The company is also procuring equipment for planned bulk sample extraction at its Dominion Gold Project, with operations scheduled to begin in July 2026. These parallel developments indicate a multi-project approach to resource development and testing.
The company reiterated its objective to pursue a planned first-quarter 2026 NASDAQ uplisting, a move that would provide increased visibility and potentially broader access to capital markets. This strategic financial goal accompanies the operational advancements being implemented across Nicola's portfolio.
Nicola Mining maintains a 100% owned mill and tailings facility near Merritt, British Columbia, which can process both gold and silver mill feed via gravity and flotation processes. The company's asset base includes 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. Additional holdings include the Treasure Mountain Property, comprising 30 mineral claims and a mineral lease spanning over 2,200 hectares.
The increased throughput and operational enhancements at the Merritt Mill demonstrate progress in Nicola Mining's partnership model and processing capabilities. For the mining industry, successful implementation of specialized recovery circuits for specific mineralization types can serve as a case study for optimizing existing infrastructure. The company's multi-project development approach and NASDAQ uplisting plans suggest an evolving corporate strategy aimed at growth and increased market presence. Additional information about the company is available at https://ibn.fm/HUSIF.
