VANCOUVER, B.C. / TheNewswire / June 16, 2016 - Nicola Mining Inc. (the "Company") is pleased to announce that it has commenced milling operations at its 200 tonne per day mill facility (the "Mill"), located 14 kilometers from Merritt, British Columbia. The Company has completed successful test runs to confirm gold recovery rates and has commenced processing of material received from Gavin Mines Inc. ("Gavin Mines [...]
VANCOUVER, B.C. / TheNewswire / June 8, 2016 - Nicola Mining Inc. (the "Company" or "Nicola") is pleased to provide an update on its 2016 Thule Project ("Thule Project" or the "Property") exploration activities. The Thule Project is a wholly-owned exploration opportunity that covers an area of 10,084 hectares in the Nicola Mining Division, located 14 kilometres northwest of Merritt in southern British Columbia. It is [...]
VANCOUVER, B.C. / TheNewswire / June 6, 2016 - Nicola Mining Inc. (the "Company") announces that it has filed amended Financial Statements for the period ended March 31, 2016 to correct two errors in the Condensed Consolidated Interim Statements of Operations and Comprehensive Loss: Net Loss Per Share-Basic and Diluted - should be ($0.01) and not $(0.06) as shown on the statement, and Weighted Average Number of Common [...]
VANCOUVER, B.C / TheNewswire / June 1, 2016 - Nicola Mining Inc. (the "Company") announces that it has successfully closed a private placement of $164,000 with strategic investors that were unable to participate in the recent Fourth Tranche Unit Financing, which the Company announced in its news release of May 2, 2016. The Company sold an aggregate of 2,050,000 Units for gross proceeds of $164,000. The Company did not pay [...]
VANCOUVER, B.C. / TheNewswire / May 31, 2016 - Nicola Mining Inc. (the "Company") is pleased to provide the following key updates on corporate operations. The Company has completed all upgrades to its fully-permitted, modern, 200 tonne per day mill facility (the "Mill"), located 14 kilometers from Merritt, British Columbia. On April 15, 2016, the Company received the required permit amendment to its mine permit M-68 (the [...]
VANCOUVER, B.C, / TheNewswire / MAY 27, 2016 - Nicola Mining Inc. (the "Company") announces that it has successfully closed a Tranche of $164,000 with strategic investors that were unable to participate in the recent Fourth Tranche Unit Financing, which the Company announced in its May 2, 2016 news release. The Company sold to 2,050,000 Units, for gross proceeds of $164,000. The Company will pay $7,000 in finder's fees [...]
VANCOUVER, BC / TheNewswire / May 25, 2016 - Nicola Mining Inc. (the "Company") announces that it plans to raise up to $164,000 with strategic investors that were unable to participate in the recent Fourth Tranche Unit Financing, which the Company announced in its news release of May 2, 2016. The current financing will be on the same terms as the Fourth Tranche. The Company intends to sell up to 2,050,000 Units for gross [...]
VANCOUVER, B.C. / TheNewswire / May 19, 2016 - Nicola Mining Inc. (the "Company" or "Nicola") is pleased to announce that Dr. Paul Johnston (Ph.D. Geological Sciences) has joined the Board of Directors of Nicola. Dr. Johnston's extensive experience in recognizing and enhancing value-adding exploration projects will be particularly useful as the Company looks deeper into its Thule Copper Project, as well as potential [...]
VANCOUVER, B.C., / TheNewswire / April 28, 2016 - Nicola Mining Inc. (the "Company" or "Nicola") is pleased to announce that it has recently added an additional mineral tenure, approximately 1280 hectares, to its Thule mineral claim package. Referred to as the Montwest claim, it is situated to the west of the southern extension of the north-south trending Lornex Fault. The claim is situated within the Lower Cretaceous [...]
VANCOUVER, B.C. / TheNewswire / April 18, 2016 - Nicola Mining Inc. (the "Company" or "Nicola") is pleased to announce that it has received an amendment to its M-68 Mine Permit. The amendment allows the Company to enter into third part custom milling contracts and enables it to mill up to 200 tonnes per day at its wholly-owned Craigmont Mine site, located 10 kilometers from Merritt, British Columbia. The Company's mill is [...]
VANCOUVER, B.C. / TheNewswire / March 30, 2016 - Nicola Mining Inc. (the "Company" or "Nicola") is pleased to announce that it has entered into the Lower Nicola Joint Venture Agreement (the "Agreement") with 1050214 B.C. Ltd. (the "JV Partner"). Under the Agreement, the Company and the JV Partner will participate in the continued operation and expansion of the Company's gravel business, which is located on District Lot [...]
VANCOUVER, B.C. / TheNewswire / March 23, 2016 - Nicola Mining Inc. (the "Company") is pleased to announce that, on March 22, 2016, it completed a third tranche of its previously announced private placement financing (the "Financing") as further described in its news releases of November 19, 2015, November 24, 2015 and December 7, 2016. In connection with the closing of the third tranche, the Company sold an aggregate of [...]