Nicola Mining (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) has received a multi-year area-based exploration permit (MX-15-121) for its wholly owned Treasure Mountain Silver Project in British Columbia, complementing the previously granted 10-year mining lease extension under Permit M-239. The new MYAB Permit authorizes extensive exploration activities, including 30 drill holes, trenching, trail building, and geophysical surveys over the next five years. CEO Peter Espig said the combined permits position Nicola to advance both mining and exploration, leveraging strong silver prices to revitalize a historically significant asset.
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About Nicola Mining
Nicola Mining Inc. is a junior mining company listed on the Exchange and Frankfurt Exchange that maintains a 100% owned mill and tailings facility, located near Merritt, British Columbia. It has signed Mining and Milling Profit Share Agreements with high grade gold projects. Nicola’s fully permitted mill can process both gold and silver mill feed via gravity and flotation processes.
The Company owns 100% of the New Craigmont Project, a high-grade copper property, which covers an area of 10,913 hectares along the southern end of the Guichon Batholith and is adjacent to Highland Valley Copper, Canada’s largest copper mine. The Company also owns 100% of the Treasure Mountain Property, which includes 30 mineral claims and a mineral lease, spanning an area exceeding 2,200 hectares.
NOTE TO INVESTORS: The latest news and updates relating to HUSIF are available in the company’s newsroom at https://ibn.fm/HUSIF
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