News & Videos - NICOLA MINING INC. HUSIF

Vancouver, British Columbia--(Newsfile Corp. - December 29, 2023) - Nicola Mining Inc. ( TSXV: NIM ) ( FSE: HLI ) (OTCQB: HUSIF ), (the " Company " or " Nicola ") announces that it has agreed with certain debenture holders to prepay 22% of the current principal amount of $5,296,706 (the " Principal Prepayment Amount ") of certain convertible debentures (each, a " Debenture ") maturing on November 21, 2025 (the " Maturity Date "), pay a prepayment premium of 10% of the Principal Prepayment Amount...

Vancouver, British Columbia--(Newsfile Corp. - December 21, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) ( OTCQB: HUSIF) (the " Company ") announces the completion of its 2023 drilling exploration program (the " 2023 Program ") at the New Craigmont Copper Project (" New Craigmont "), a wholly owned venture located near Merritt, BC, and 33 km south of Teck Resources Ltd.'s Highland Valley Copper, Canada's largest open pit copper mine. The Company initiated the 2023 Program on June 6, 2023,...

Vancouver, British Columbia--(Newsfile Corp. - December 11, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSID) (the " Company " or " Nicola ") is pleased to provide its " Year in Review: 2023" , with the hope of providing additional clarity on several key milestones that were achieved in 2023. In addition to highlighting the significance of noteworthy events, we are hopeful that this letter can provide clarity on key news releases and insight into next year. Financially the Company...

Vancouver, British Columbia--(Newsfile Corp. - November 28, 2023) - Nicola Mining Inc. ( TSXV: NIM ) ( FSE: HLI ), (the " Company " or " Nicola ") announces the suspension to the process of entering into a definitive agreement with Nittetsu Mining Co. Ltd. (" Nittetsu ") with respect of the Company's wholly-owned New Craigmont Copper Property (the " Property "). The Company announced that it had entered into a non-binding letter of intent (" LOI ") on September 6, 2023, which was subsequently...

Vancouver, British Columbia--(Newsfile Corp. - September 6, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) , (the " Company " or " Nicola ") is pleased to announce that it has signed a non-binding letter of intent (" LOI ") with Nittetsu Mining Co. Ltd. (" Nittetsu ") 1 , a public arm's length company based in Japan, whereby Nicola would agree to establish a joint venture entity with Nittetsu in respect of the Company's wholly-owned New Craigmont Copper Project (the " Project ") in exchange...

Vancouver, British Columbia--(Newsfile Corp. - August 3, 2023) - Nicola Mining Inc. ( TSXV: NIM ) ( FSE: HLI ) (the " Company " or " Nicola ") is pleased to provide the following updates on the Dominion Creek Property (the " Gold Project "), which is located 43 kilometers northeast of the Town of Wells and approximately 110 kilometers east-southeast of Prince George. The Company has previously announced two key agreements that it has entered in with High Range Exploration Ltd. (" High Range ")....

Vancouver, British Columbia--(Newsfile Corp. - July 5, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the " Company " or " Nicola ") is pleased to announce that it has commenced shipping of concentrate produced jointly with Osisko Development Corp. (NYSE: ODV) (TSXV: ODV) (" Osisko "). To date approximately 160 dry metric tonnes of gold concentrate grading an estimated 90 g/t Au have been shipped from site. The Company has secured an offtake agreement 1 with Ocean Partners UK...

Vancouver, British Columbia--(Newsfile Corp. - May 17, 2023) - Nicola Mining Inc. ( TSXV: NIM ) ( FSE: HLI ) ( OTCQB: HUSIF ), ( the " Company " or " Nicola ") is please to announce that it and Blue Lagoon Resources Inc. ( CSE: BLLG ) ("Blue Lagoon") have signed a second amending agreement (the " Second Amending Agreement ") to the Original Agreement ("Original") 1 and Amending Agreement , the latter which was described in the Company's May 5, 2021 news release. The extension now extends to...

Vancouver, British Columbia--(Newsfile Corp. - May 2, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the " Company " or " Nicola ") is pleased to announce that it has finalized its 2023 diamond drilling exploration planning (the " 2023 Program ") at its wholly-owned New Craigmont Copper Project (" New Craigmont "), located near Merritt, BC, and 33 km south of Teck Resources Ltd.'s Highland Valley Copper, Canada's largest open pit copper mine. Drilling is expected to commence...

Vancouver, British Columbia--(Newsfile Corp. - March 28, 2023) - Nicola Mining Inc. ( TSXV: NIM ) ( FSE: HLI ), ( the " Company " or " Nicola ") is pleased to announce that it has completed mill upgrades and has commenced milling operations with material supplied from Osisko Development Corp. ( NYSE: ODV ) ( TSXV: ODV ) (" Osisko "). The Company announced in its January 9, 2023 news release that the two parties had signed a Mining and Milling Profit Share Agreement (the " Osisko Agreement ")....

Vancouver, British Columbia--(Newsfile Corp. - March 10, 2023) - Nicola Mining Inc. ( TSXV: NIM ) ( FSE: HLI ) (OTCQB: HUSIF) , (the " Company " or " Nicola ") is pleased to announce that the TSX Venture Exchange (" TSXV ") has accepted its Notice of Intention to Make a Normal Course Issuer Bid (" NCIB ") which shall commence on March 15, 2023 and terminate on August 15, 2023, or such earlier date if the maximum number of shares are purchased. At the opening of the stock market on today's date,...

Vancouver, British Columbia--(Newsfile Corp. - February 22, 2023) - Nicola Mining Inc. ( TSXV: NIM ) ( FSE: HLI ) ( OTCQB: HUSIF ) (the " Company " or " Nicola Mining ") is pleased to announce soil geochemistry results collected from the WP area at the New Craigmont Property. The WP Zone (See Map 1) (MINFILE 092ISE068) consists of sheared, brecciated, and mineralized Nicola Group volcanic rocks with associated chalcopyrite, pyrite, and specularite. Previous chip channel sampling (2016) by Nicola...

Vancouver, British Columbia--(Newsfile Corp. - February 10, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) , (the " Company " or " Nicola ") is pleased to announce that Brent Omland, co-CEO of Ocean Partners 1 , has joined the Company's Board of Directors. Ocean Partners delivers trading services to miners, smelters, and refiners by applying technical, commercial, financial, and political insight, bringing expertise in every aspect of the business. Brent Omland has served as the Chief...

Vancouver, British Columbia--(Newsfile Corp. - January 30, 2023) - Nicola Mining Inc. ( TSXV: NIM ) ( FSE: HLI ), ( the " Company " or " Nicola " ) is pleased to announce completing final preparations to commence operations in Q1 of 2023. Currently, the Company has received in excess of 15,000 tonnes of gold mill feed from Osisko Development Corp's. ( NYSE: ODV ) ( TSXV: ODV ) ( "Osisko" ) Cariboo Gold Project. The Company has hired employees to fill key positions required for gold production....

Vancouver, British Columbia--(Newsfile Corp. - January 9, 2023) - Nicola Mining Inc. ( TSXV: NIM ) ( FSE: HLI ), ( the " Company " or " Nicola ") is pleased to announce that it and Osisko Development Corp. ( NYSE: ODV) ( TSXV: ODV) ("Osisko") have signed a Mining and Milling Profit Share Agreement (the " Agreement "). Under the Agreement, Osisko may transport material to Nicola's mill site, located near Merritt, British Columbia. Nicola's Merritt Mill site is a unique milling and processing...

Vancouver, British Columbia--(Newsfile Corp. - December 29, 2022) - Nicola Mining Inc. ( TSXV: NIM ) ( FSE: HLI ) ( OTCQB: HUSIF ), (the " Company " or " Nicola ") announces that it has repaid in full the US$750,000 (C$1,028, 475) Prepayment Facility to Ocean Partners UK Limited 1 (" Ocean Partners "). Repayment funds were derived from operating cash flow at the Company's Craigmont Mill site, located near Merritt, British Columbia. Peter Espig, CEO of Nicola, commented, "We continue to make...

Vancouver, British Columbia--(Newsfile Corp. - December 20, 2022) - Nicola Mining Inc. ( TSXV: NIM ) ( FSE: HLI ) ( OTCQB: HUSIF ) (the " Company " or " Nicola ") is providing " Year in Review: 2022" , with the hope that it provides additional clarity on several key milestones that were achieved in 2022. In addition to highlighting the significance of noteworthy events, we are hopeful that this letter provides insight into our plans for 2023. The year began with the Company announcing that it...

Vancouver, British Columbia--(Newsfile Corp. - December 2, 2022) - Nicola Mining Inc. ( TSXV: NIM ) ( FSE: HLI ) ( OTCQB: HUSIF ) (the " Company " or " Nicola ") is pleased to announce that it and Osisko Development Corp ( NYSE: ODV ) ( TSXV: ODV ) ("Osisko") have signed a Memorandum of Understanding (" MOU ") for the processing of gold mill feed currently stock piled at Osisko's site, located in the Cariboo Mining District in east-central BC, east and southeast of the City of Quesnel. The gold...

Vancouver, British Columbia--(Newsfile Corp. - November 21, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the " Company " or " Nicola Mining ") is pleased to announce that it has received a multi-year area-based exploration permit, Permit Number MX-4-697 (the " MYAB Permit [1] "), on November 3, 2022. The MYAB Permit allows Nicola to conduct extensive copper exploration on its wholly-owned New Craigmont Property (the " Property "), which is located adjacent to Teck Resources...

Vancouver, British Columbia--(Newsfile Corp. - September 13, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the " Company " or " Nicola Mining ") is pleased to announce the completion of a district-wide airborne geophysical survey and related inversion modeling results carried out across its wholly owned New Craigmont Property (the " Property "), which is located in Central British Columbia. The Z-axis Tipper Electromagnetic (" ZTEM ") survey has imaged the electrical...