Nicola Mining Inc. (TSX.V: NIM) (FSE: HLIA) (OTCQB: HUSIF) has embarked on a pivotal 10,000-tonne bulk sampling operation at its Dominion Creek Mineral Project located in British Columbia. This initiative is a testament to the project's promising prospects for high-grade gold and silver extraction. The company, which holds a 75% economic interest in the project, has successfully completed necessary site preparations. These include the establishment of a 14-man camp, bridge construction, equipment mobilization, and roadwork, with ore extraction scheduled to commence following the completion of road improvements by August 10.
The Dominion Creek Project has previously demonstrated encouraging results from surface and chip samples, with assays revealing 62.1 g/t Au and 320 g/t Ag, in addition to significant lead and zinc values. This bulk sampling phase is crucial for determining the project's feasibility and comes after the acquisition of a draft permit in March for the extraction of 10,000 tonnes of ore. Peter Espig, CEO of Nicola Mining, emphasized the importance of this milestone, describing it as the fruition of years of preparatory efforts. He also noted the increasing backing from First Nations, local communities, and provincial ministries for small-scale, high-grade mining initiatives in British Columbia.
Nicola Mining Inc. is recognized as a junior mining company with a diverse portfolio. This includes a wholly-owned mill and tailings facility near Merritt, British Columbia, and the New Craigmont Project, a high-grade copper property located next to Highland Valley Copper, Canada's largest copper mine. The company's fully permitted mill is equipped to process both gold and silver mill feed through gravity and flotation methods, establishing Nicola Mining as a significant entity in the regional mining industry. For more information on Nicola Mining Inc. and its ventures, visit https://ibn.fm/yuz4U. Further updates and details regarding HUSIF are available in the company's newsroom at https://ibn.fm/HUSIF.
