Nicola Mining Reports High-Grade Gold Discoveries at Dominion Project in Quebec

Nicola Mining Inc. has reported final assay results from chip sampling at its Dominion Gold Project in Quebec, confirming multiple new high-grade vein discoveries and strong mineralization at the Pit Vein. The results, which include grades up to 113.51 grams per tonne gold over 1.0 meter, demonstrate the project's significant gold potential and expand the known mineralization beyond previously identified areas. The company revealed that the West, Mid West, and 16 East Veins—all previously unknown—remain open in all directions, with the 16 East Vein traced for 40 meters at surface.

Additional intercepts included 55.17 g/t and 37.2 g/t gold from newly exposed areas, indicating substantial mineralization across multiple zones. CEO Peter Espig stated that the results confirm what the company had hoped for and revealed unanticipated exciting revelations of Dominion's long-term potential. Nicola Mining, which holds a 75% economic interest in the Dominion Gold Project, plans to advance bulk sampling and further define project scale in 2026. The company's strategic approach focuses on systematically exploring and developing the property's mineral resources.

The discovery of multiple new veins with high-grade gold mineralization represents a significant advancement in understanding the Dominion Gold Project's geological framework. The fact that these veins remain open in all directions suggests substantial potential for resource expansion through continued exploration. The 40-meter surface trace of the 16 East Vein provides a clear target for future drilling programs and resource definition. These results come at a time when gold exploration in Quebec continues to yield promising discoveries, reinforcing the province's status as a premier mining jurisdiction.

The high-grade nature of the findings, particularly the 113.51 g/t gold intercept, positions the Dominion Project as having potential for economic mineralization. The company's planned bulk sampling program in 2026 will provide critical data for assessing the project's commercial viability and guiding future development decisions. Additional information about the company's activities and updates can be found at https://ibn.fm/HUSIF, providing investors with ongoing access to corporate developments.