Nicola Mining Inc. Initiates Bulk Sampling at Dominion Creek Project, Highlighting Potential for High-Grade Gold and Silver
TL;DR
Nicola Mining's 10,000-tonne bulk sample at Dominion Creek offers investors a stake in high-grade gold and silver extraction, enhancing portfolio value with potential high returns.
Nicola Mining has completed site preparations for a 10,000-tonne bulk sample at Dominion Creek, including camp setup and roadwork, with extraction set post-road improvements by August 10.
Nicola Mining's project at Dominion Creek, supported by First Nations and local communities, promotes sustainable mining practices and economic growth in British Columbia.
Discover Nicola Mining's ambitious Dominion Creek project, where high-grade gold and silver ore extraction could redefine small-scale mining success in British Columbia.
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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.
Curated from InvestorBrandNetwork (IBN)
