This article has been disseminated on behalf of Nicola Mining Inc.ย and may include paid advertising.
Nicola Mining (TSX.V: NIM) (FSE: HLIA) (OTCQB: HUSIF) said Blue Lagoon Resources (CSE: BLLG) has started transporting high-grade gold and silver millfeed to the Companyโs mill near Merritt, British Columbia, advancing the long-term partnership under which Nicola also provided a non-dilutive $2 million line of credit. CEO Peter Espig said the milestone reflects Blue Lagoonโs transition of Dome Mountain into a producing mine and aligns with both companiesโ sustainability focus, noting Nicolaโs ability to process materials from multiple sites including Treasure Mountain, Dominion Creek and New Craigmont.
To view the full press release, visit https://ibn.fm/ns5Ad
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. Nicolaโs 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, Canadaโs 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:โฏThe latest news and updates relating to HUSIF are available in the companyโs newsroom atโฏhttps://ibn.fm/HUSIF
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