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, representing a significant milestone in assessing the project's potential for high-grade gold and silver extraction. The company, which holds a 75% economic interest in the project, has completed essential site preparations including the establishment of a 14-man camp, bridge construction, equipment mobilization, and roadwork. Ore extraction is scheduled to commence following the completion of road improvements by August 10.
The Dominion Creek Project has demonstrated promising results from previous surface and chip samples, with assays revealing impressive values of 62.1 grams per tonne gold and 320 grams per tonne silver, along with significant lead and zinc concentrations. This bulk sampling initiative serves as a crucial evaluation phase for determining the project's commercial viability and follows the company's receipt of a draft permit in March specifically authorizing the extraction of 10,000 tonnes of ore.
Peter Espig, Chief Executive Officer of Nicola Mining, emphasized the importance of this development, describing it as the culmination of years of preparatory work. He noted the growing support from First Nations communities, local stakeholders, and provincial ministries for small-scale, high-grade mining operations throughout British Columbia. The company's broader portfolio includes a 100% owned mill and tailings facility located near Merritt, British Columbia, along with the New Craigmont Project, a high-grade copper property adjacent to Canada's largest copper mine, Highland Valley Copper.
Nicola Mining's fully permitted mill facility is equipped to process both gold and silver mill feed through advanced gravity and flotation processing methods, positioning the company as an important contributor to the regional mining sector. Additional information about the company and its ongoing projects is available through their corporate communications at https://ibn.fm/yuz4U, while specific updates regarding the company's activities can be accessed through their newsroom at https://ibn.fm/HUSIF.
Curated from InvestorBrandNetwork (IBN)
