Nicola Mining Expands Operations with Gravel Pit Expansion and New Cement Plant

Nicola Mining Inc. together with partner Lower Nicola Site Services Ltd. has announced the long-term expansion of its wholly owned gravel pit and completion of construction of its cement ready mix plant. The company secured two significant permits that will substantially increase its operational capacity and extend mine life. The first permit, a Notice of Departure at the New Craigmont Project, allows extraction of up to 3.0 million tonnes of inert rock material at approximately 1,500 tonnes per day. This represents a major expansion of the company's mining capabilities and provides a clear pathway for increased production volumes.

The second permit, received September 5, 2025, extends the gravel pit mine life alongside a provincial highway, ensuring continued operations and transportation access. The completion of the cement ready mix plant marks a significant diversification of Nicola Mining's operations beyond traditional mining activities. This new facility will enable the company to process materials on-site and create value-added products for construction and infrastructure markets. The expansion aligns with the company's strategy to maximize the potential of its mineral properties while developing complementary business lines.

Nicola Mining maintains a 100% owned mill and tailings facility near Merritt, British Columbia, and has signed Mining and Milling Profit Share Agreements with high grade gold projects. The company's fully permitted mill can process both gold and silver mill feed via gravity and flotation processes. Additional information about the company's operations is available at https://ibn.fm/HUSIF. The company's portfolio includes 100% ownership of the New Craigmont Project, a high-grade copper property covering 10,913 hectares along the southern end of the Guichon Batholith.

This strategic location adjacent to Highland Valley Copper, Canada's largest copper mine, provides significant geological advantages and potential for resource development. The company also owns 100% of the Treasure Mountain Property, which includes 30 mineral claims and a mineral lease spanning over 2,200 hectares. These developments represent important milestones for Nicola Mining as it expands both its traditional mining operations and diversifies into construction materials production. The combination of expanded extraction capacity and new processing capabilities positions the company for sustained growth in British Columbia's resource sector while creating additional revenue streams through its cement ready mix operations.