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 initiated a 10,000-tonne bulk sample at its Dominion Creek Mineral Project in British Columbia, marking a significant advancement in the evaluation of the property's high-grade gold and silver potential. The company, which holds a 75% economic interest in the project, has completed comprehensive site preparations including the establishment of a 14-man camp, bridge construction, equipment mobilization, and roadwork. Ore extraction is scheduled to commence following the finalization of road improvements by August 10, representing a crucial phase in assessing the project's commercial viability.
The Dominion Creek Project has previously demonstrated promising results from surface and chip samples, with assays revealing impressive grades of 62.1 grams per tonne gold and 320 grams per tonne silver, alongside significant lead and zinc values. This bulk sampling initiative follows the company's receipt of a draft permit in March specifically authorizing the extraction of 10,000 tonnes of ore. Peter Espig, CEO of Nicola Mining, emphasized the importance of this milestone, describing it as the culmination of years of preparatory work and reflecting increasing support from First Nations communities, local stakeholders, and provincial ministries for small-scale, high-grade mining projects throughout British Columbia.
Nicola Mining Inc. maintains a diversified portfolio that includes a fully owned mill and tailings facility 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 is equipped to process both gold and silver mill feed through advanced gravity and flotation separation processes, positioning Nicola Mining as a significant contributor to the regional mining sector. Additional information about the company's operations and development projects can be accessed through their corporate communications at https://ibn.fm/yuz4U, while ongoing updates and corporate announcements are available in the company's newsroom at https://ibn.fm/HUSIF.
Curated from InvestorBrandNetwork (IBN)
