Nicola Mining Inc.

VANCOUVER, British Columbia, Jan. 12, 2018 -- Nicola Mining Inc. has received the required permitting to commence reverse circular drilling on the approximate 80 – 90 million tonnes of waste piles surrounding the historic Craigmont Mine. The Company is also pleased to announce that the 2017 Embayment Zone Exploration Program has expanded the Embayment Skarn Zone to 400 metres in strike length . On December 27, 2017 [...]

Nicola Mining is pleased to announce that it has completed its non-brokered private placement as further described in its news releases of December 8, 2017 and December 15, 2017. In connection with the closing of the Financing, the Company sold an aggregate of 10,262,500 shares at a price of $0.20 per Share for gross proceeds of $2,052,500. The Shares were issued on a “flow-through” basis pursuant to the [...]

VANCOUVER, British Columbia, Dec. 21, 2017 -- Nicola Mining Inc. is pleased to provide an update on its 2017 Exploration Program focused on copper exploration at its wholly-owned New Craigmont Property. The first four holes all successfully intersected skarn alteration, including previously untested segments of the Embayment Zone. The skarn alteration, consisting of a mineral assemblage of [...]

VANCOUVER, British Columbia, Dec. 08, 2017 -- Nicola Mining Inc. is pleased to announce a non-brokered private placement financing of up to $1,500,000 consisting of the issuance of up to 7,500,000 flow-through common shares of the Company at $0.20 per FT Share. Finders’ fees may be payable in connection with the Financing in accordance with the policies of the Exchange. Insiders may participate in the Financing. All [...]

VANCOUVER, British Columbia, Nov. 14, 2017 -- Nicola Mining Inc. today announces that it intends to pay all of the interest owing on the secured convertible debentures issued on November 21, 2014 by the issuance of common shares of the Company. The Debentures mature on November 21, 2017 and bear interest at a rate of 10% per annum, which Interest is payable annually as to 50% in cash and 50% by the issuance of Shares at a [...]

VANCOUVER, British Columbia, Nov. 10, 2017 -- Nicola Mining Inc. is pleased to announce results on an additional Induced Polarization Geophysical Survey that focused on the Embayment, Titan Queen, and Promontory Hill Zones, which are located on the Company’s wholly-owned New Craigmont Property. Location of Titan Queen/Embayment IP geophysical lines. The background is Total Magnetic Intensity from 2012 AeroMagnetic [...]

VANCOUVER, British Columbia, Nov. 08, 2017 (GLOBE NEWSWIRE) -- Nicola Mining Inc. (TSX-V:NIM) (the “Company” or “Nicola”) is pleased to announce that it has entered into a Mining and Milling Profit Share Agreement (the “AMA Agreement”) with AMA Gold Exploration (“AMA” or the “Miner”). AMA recently received its bulk sample permit allowing it to extract an initial [...]

Nicola Mining announces that it intends to amend the secured convertible debentures in the aggregate principal amount of $7,000,882 issued to certain subscribers as previously announced in its News Releases of November 24, 2014, August 25, 2014 and August 8, 2014. In connection with the issuance of the Debentures, the Company also issued 7,000,882 non-transferable common share purchase warrants (each, a “Warrant”), with [...]

Nicola Mining is pleased to announce that it has commenced its 2017 Exploration Program. The Company owns 100% of the New Craigmont Property, also referred to as Thule Copper, which is located adjacent to Highland Valley Copper and the site of the historic Craigmont Mine. The 2017 Program will focus on the following:

Nicola Mining is pleased to announce the results of a Reverse Circulation drill program. The program was designed to evaluate the copper grade and volume of historical material excavated from underground workings of the Craigmont Mine, located near Merritt. The material is located adjacent to the 3060-Portal (figure 1). Results of the RC Program confirm significant copper mineralization in the material sampled by [...]