Nicola Mining Inc. (TSX.V: NIM) (FSE: HLIA) (OTCQB: HUSIF) has completed its 2025 work program at the Dominion project, including all mine development for the upcoming 10,000-tonne bulk sample scheduled to recommence in July 2026. The company announced the discovery of three new veins—Mid-West, West and 16 East—during the development phase, which were sampled and sent to Paragon Geochemical for analysis, with results pending. These new zones are located near historically known South Pit and 16 Veins, and management noted the findings enhance confidence in the project’s scale and potential for expanded gold-bearing zones.
The company deferred initial shipments to its Nicola mill due to heavy rainfall and expanded project scope after discovering the new veins. CEO management highlighted that the discoveries underscore the project's potential for significant mineralization. The Dominion project is part of Nicola Mining's portfolio, which includes a 100% owned mill and tailings facility near Merritt, British Columbia. The mill is fully permitted to process both gold and silver mill feed via gravity and flotation processes.
Nicola Mining also holds 100% of the New Craigmont Project, a high-grade copper property covering 10,913 hectares adjacent to Highland Valley Copper, Canada’s largest copper mine. Additionally, the company owns the Treasure Mountain Property, which includes 30 mineral claims and a mineral lease spanning over 2,200 hectares. The company's operations are supported by Mining and Milling Profit Share Agreements with high-grade gold projects.
The full press release can be viewed at https://ibn.fm/lSyWk. For the latest news and updates relating to HUSIF, visit the company’s newsroom at https://ibn.fm/HUSIF.
