Nicola Mining Company

Nicola Mining Inc. (TSX-V.NIM) is a public resource mining company with a successful management team experienced in consolidating and unlocking asset value of its high-potential assets. The Company’s portfolio consists of high-potential assets.

New Craigmont Exploration Property – comprised of 20 contiguous mineral claims covering 10,800+ hectares, and 10 contiguous mining leases covering approximately 347.35 ha in the prolific Guichon Batholith region. The claims are currently owned 100% by a wholly owned subsidiary of the Company.

Merritt Mill and Tailings Facility – approximate $23,400,000 mineral processing facility located on an $8,000,000 property, and a $1,800,000 fully lined tailings facility property located near Merritt BC.

Treasure Mountain Exploration Property – The property comprises 31 mineral tenures consisting of 30 claims and 1 lease, covering an area of 2,200+ hectares and is accessible year-round by road from Hope or Princeton and is host to polymetallic veins including the historical Treasure Mountain silver-lead-zinc Mine.

Sand and Gravel Property – The Merritt Mill Property is host to an active run gravel pit that has a tolling agreement in place for up to 60,000 tonnes per year with a local cement company.

To learn more about Nicola Mining please check out our featured videos.

Our Projects

New Craigmont Property

Nicola’s New Craigmont project is based on solid historical realities and exceptional exploration upside.

Merrit Mill & Tailings Facility

The mill is a 200 tonne per day crushing, grinding and flotation mill, permitted to conduct custom milling of ore, and is located 10 kilometers northwest of Merritt, BC.

Treasure Mountain Property

The property comprises 31 mineral tenures consisting of 30 claims and 1 lease, covering an area of 2,200+ hectares and is accessible year-round by road from Hope or Princeton and is host to polymetallic veins including the historical Treasure Mountain silver-lead-zinc Mine.

Sand and Gravel Property

The Merritt Mill Property is host to an active run gravel pit that has a tolling agreement in place for up to 60,000 tonnes per year with a local cement company.

CEO Interview

CEO.CA Interviews Peter Espig from Nicola Mining Company – Sharing Cashflow + Exploration Model | Mines & Money Coverage

Published Dec 7, 2023
8 minutes and 35 seconds

Nicola Mining is committed to responsible development

Responsible development means meeting the needs of the present without compromising the future. During 2018, Nicola Mining Company continued to expand its focus on minimizing dust from historic tailings that are located on site.

Latest News Releases: Nicola Mining

Nicola Mining Inc. Engages Dias Geophysical To Conduct IP Survey At New Craigmont Copper Project

Nicola Mining Inc. (the “Company” or “Nicola”) is pleased to announce that it has contracted Dias Geophysical (“Dias”) to conduct a 3D Induced Polarization survey (“IP survey”) at its wholly-owned New Craigmont Copper Project (“New Craigmont”), which  is located near Merritt, B.C. and adjacent to Teck Resources’ Highland Valley Copper[1], Canada’s largest copper mine. The…

Nicola Mining Announces Prepayment Of Convertible Debentures

Nicola Mining Inc. (the “Company” or “Nicola”) announces that it has agreed with certain debenture holders to prepay 22% of the current principal amount of $5,296,706 (the “Principal Prepayment Amount”) of certain convertible debentures (each, a “Debenture”) maturing on November 21, 2025 (the “Maturity Date”), pay a prepayment premium of 10% of the Principal Prepayment…

Nicola Mining 2023 Drilling Program At New Craigmont Copper Project Reveals Significant Porphyry-Style Alterations

Nicola Mining Inc. (the “Company”) announces the completion of its 2023 drilling exploration program (the “2023 Program”) at the New Craigmont Copper Project (“New Craigmont”), a wholly owned venture located near Merritt, BC, and 33 km south of Teck Resources Ltd.’s Highland Valley Copper, Canada’s largest open pit copper mine. The Company initiated the 2023…