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 at its Dominion Creek Mineral Project in British Columbia, marking a significant advancement in evaluating the project's potential for high-grade gold and silver extraction. The company maintains a 75% economic interest in the project and has completed essential infrastructure preparations including establishment of a 14-person camp, bridge construction, equipment mobilization, and road improvements. Ore extraction activities are scheduled to begin following completion of road enhancements by August 10.
The Dominion Creek Project has demonstrated promising mineralization through previous surface and chip sampling, with assay results revealing values of 62.1 grams per tonne gold and 320 grams per tonne silver, accompanied by significant lead and zinc concentrations. This bulk sampling initiative represents a crucial phase in determining the project's commercial viability and follows the company's receipt of a draft permit in March authorizing the extraction of 10,000 tonnes of ore. Peter Espig, Chief Executive Officer of Nicola Mining, emphasized the importance of this milestone as the culmination of years of preparatory work and noted increasing support from First Nations communities, local stakeholders, and provincial ministries for small-scale, high-grade mining operations in British Columbia.
Nicola Mining operates as a junior mining company with a diversified portfolio that includes a fully owned mill and tailings facility located near Merritt, British Columbia, along with the New Craigmont Project, a high-grade copper property situated adjacent to Canada's largest copper mine, Highland Valley Copper. The company's permitted mill facility possesses processing capabilities for both gold and silver mill feed through gravity separation and flotation methods, establishing Nicola Mining as a significant participant in the regional mining sector. Additional corporate information is available through the company's investor portal while ongoing developments can be monitored via the corporate newsroom.
Curated from InvestorBrandNetwork (IBN)
