Nicola Mining Inc. (TSX.V: NIM) (FSE: HLIA) (OTCQB: HUSIF) has completed its 2026 mining campaign at the Dominion Creek Gold Project in British Columbia, the company announced. The campaign included the shipment of approximately 1,300 tonnes of high-grade mill feed to Nicola's Merritt processing facility. The company expects material from Dominion Creek and Red Eye Resources, along with mill feed processed under its agreement with Blue Lagoon Resources, to contribute to fourth-quarter revenue.
Mining activities focused on three mineralized structures: the Pit Vein, the 16 Vein and the newly identified 16 East Vein. Operations began later than initially planned due to equipment delivery delays and additional mine development. Despite the delays, Nicola completed necessary infrastructure improvements and deployed equipment expected to enhance future productivity. The completion of mine development and mobilization of key equipment position Dominion Creek for increased material extraction and potential gold production in 2027, according to the company.
The identified mineralized veins remain open in multiple directions, while newly discovered structures present additional exploration opportunities. CEO Peter Espig noted that the company advanced Dominion Creek from acquisition through mine development and bulk-sample extraction in approximately three years, demonstrating its strategy of combining targeted mineral asset investments with its wholly owned Merritt processing facility. Nicola also plans to evaluate additional acquisition opportunities with potential pathways to monetization within approximately three years. For full details, see the complete press release.
The announcement matters for investors and the mining sector because it demonstrates progress in converting early-stage acquisitions into near-term revenue streams. Nicola's integrated model, which pairs targeted mineral asset investments with its own permitted processing infrastructure, could serve as a template for junior miners seeking to reduce reliance on third-party mills. The company's ability to advance Dominion Creek through mine development and bulk-sample extraction in roughly three years, as Espig highlighted, underscores the potential for accelerated timelines when processing capacity is already in place.
Nicola Mining is listed on the TSX Venture Exchange and Frankfurt Stock Exchange. The company owns a fully permitted mill and tailings facility near Merritt, British Columbia, capable of processing gold- and silver-bearing mill feed using gravity and flotation circuits. Through mining and milling profit-sharing agreements with high-grade gold projects, Nicola seeks to leverage this infrastructure to generate operating opportunities while advancing its broader mineral asset portfolio. The company owns 100% of the New Craigmont Project, a copper exploration property encompassing more than 10,800 hectares along the southern margin of the Guichon Batholith, adjacent to Highland Valley Copper, Canada's largest copper mine. It also holds a 100% interest in the Treasure Mountain Property, comprising 30 mineral claims and a mineral lease over more than 2,200 hectares.
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