Nicola Mining Initiates 10,000-Tonne Bulk Sample at Dominion Creek Gold-Silver Project
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. has commenced a 10,000-tonne bulk sample program at its Dominion Creek Mineral Project in British Columbia, representing a significant advancement in evaluating the property's potential for high-grade gold and silver extraction. The company holds a 75% economic interest in the project and has completed essential site preparations including establishment of a 14-man camp, bridge construction, equipment mobilization, and roadwork improvements scheduled for completion by August 10, after which ore extraction will begin.
The Dominion Creek Project has demonstrated promising mineralization through previous surface and chip sampling, with assays revealing impressive results of 62.1 grams per tonne gold and 320 grams per tonne silver, accompanied by significant lead and zinc values. This bulk sampling initiative serves as a crucial phase in determining the project's commercial viability and follows the company's receipt of a draft permit in March specifically authorizing the extraction of 10,000 tonnes of ore from the property.
Peter Espig, Chief Executive Officer of Nicola Mining, emphasized the importance of this milestone, describing it as the culmination of years of preparatory work and planning. He noted the growing support from First Nations communities, local stakeholders, and provincial ministries for small-scale, high-grade mining projects throughout British Columbia, highlighting the positive regulatory and community environment for such developments.
Nicola Mining maintains a diversified portfolio of mining assets beyond the Dominion Creek Project, including a fully permitted mill and tailings facility near Merritt, British Columbia, which the company owns outright. This processing facility is equipped to handle both gold and silver mill feed through advanced gravity and flotation separation processes. Additional company holdings include the New Craigmont Project, a high-grade copper property strategically located adjacent to Canada's largest copper mine, the Highland Valley Copper operation. For comprehensive information about Nicola Mining's corporate profile and project portfolio, visit https://ibn.fm/yuz4U. Ongoing developments and corporate announcements can be accessed through the company's dedicated newsroom at https://ibn.fm/HUSIF.
Curated from InvestorBrandNetwork (IBN)
