RockBreaks – Nicola Mining Inc. (TSX.V: NIM) (FSE: HLIA) (OTCQB: HUSIF) Gains Lease Extensions and Reports Gold Shipments in Noble Capital Markets Coverage
Nicola Mining (TSX.V: NIM) (FSE: HLIA) (OTCQB: HUSIF) received a five-year extension for six mining leases at its New Craigmont Property, covering more than 10,800 hectares adjacent to Teck Resources’ Highland Valley Copper Mine, the largest copper operation in Canada. Nicola also began a 4,000-to-5,000-meter diamond drill program at New Craigmont on June 1. Earlier this month, the company reported shipping 707 ounces of gold concentrate in partnership with Talisker Resources Ltd. (TSX: TSK, OTCQX: TSKFF), generating gross proceeds of about US$2.3 million, supported by recent upgrades to the Merritt Mill. Coverage was provided by Mark Reichman, Managing Director and…