Nicola Mining Inc.

Nicola Mining Inc. is pleased to announce a non-brokered private placement consisting of the issuance of up to 9,000,000 units at a price of $0.10 per Unit for gross proceeds of up to $900,000 . Insiders are participating in the Offering. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant , with each Warrant entitling the holder to purchase one Share at a price of [...]

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, 2019 and bear interest at a rate of 10% per annum, which Interest is payable under the terms of the Debentures annually as to 50% in cash and 50% by the issuance of Shares at a price per [...]

Nicola Mining Inc. , is pleased to announce that it has commenced an extensive Reverse Circulation drilling program on the historic Craigmont Copper Mine waste piles and the 3060 Ore Portal. The approximate 80-90 million tonnes of Waste Piles and 3060 Portal surround the historic Craigmont pit, which is located 3km southeast of Merritt, BC. The Waste Piles are part of the Company’s wholly-owned New Craigmont Project. In [...]

Nicola Mining Inc. is pleased to announce that it is preparing to recommence milling operations under its long-term Mining and Milling Profit Share Agreement with Gavin Mines Inc. . The Company had hoped to recommence operations in August but there were delays with mine production. Pursuant to the LT Agreement Gavin Mines plans to ship up to 40,000 tonnes of mill feed per year to the Company's 200 tonne per day mill [...]

Nicola Mining Inc. , is pleased to announce and confirm the presence of a previously unexplored mineralized zone north of the historic Craigmont open pit. The near-surface zone is located within the boundaries of Nicola's active Mine Permit M-68. Nicola targeted the area after historic data and recent mapping from the Company's 2017 and 2018 Exploration Programs revealed the potential of mineralization north of the pit [...]

Nicola Mining Inc. is pleased to announce results on its 20-hole Phase 1 Reverse Circulation drill program completed between May 23 to June 8, 2018, at its wholly-owned New Craigmont Project, located near Merritt, British Columbia. The Phase 1 RC Program provides a simple overview of copper grade and sectional volume of the approximate 80-90 million-tonne historical wastepile surrounding the Craigmont Mine pit, as well as [...]

VANCOUVER, British Columbia, July 23, 2018 -- Nicola Mining Inc. is pleased to announce that it has completed its non-brokered private placement financing as further described in its news release of June 25, 2018. In connection with the closing, the Company sold an aggregate of 9,333,329 units , at a price of $0.15 per Unit, for gross proceeds of $1,399,999.35. Each Unit consists of one common share of the Company and [...]

Nicola Mining is pleased to announce that it has received all required permits and has commenced the 2018 diamond drilling program at its wholly-owned New Craigmont Project, located approximately 10 km west of Merritt and 20 km south of the Highland Valley Operation. Following analysis of two induced polarization geophysical surveys, which were announced in November 10, 2017 and July 24, 2017 news releases, the Company [...]

Nicola Mining announces that, subject to regulatory approval, it has arranged a non-brokered private placement financing of up to 10,000,000 units at a price of $0.15 per Unit for gross proceeds of up to $1,500,000. Each Unit will consist of one common share and one-half of one share purchase warrant , with each Warrant entitling the holder to purchase one additional Share at a price of $0.18 per Share for a period of two [...]

Nicola Mining is pleased to provide an update on the 2018 Exploration Plan at the Company's 100% owned New Craigmont Project, located near Merritt British Columbia. Nicola's geological team is finalizing the 2018 Exploration Plan, which will be comprised of 4 drilling programs and a field sampling program: Waste Piles: Reverse circulation drilling Promontory Hill: Diamond drilling Craigmont Central: Diamond drilling [...]