Nicola Mining Provides Update on Dominion Gold Project

Core Insights - Nicola Mining Inc. has completed its work at the Dominion project for 2025 and has finished all mine development for a 10,000 bulk sample, which is set to recommence in July 2026 [1] - The company initially planned to ship up to 2,000 tonnes to the Nicola mill in 2025 but decided to postpone this due to weather conditions that could degrade the haul road [1] Development Phase - The Development Phase began in August after haul road upgrades, including the construction of a landing area for vein extraction [2] - The landing area was lowered by approximately 6 meters to facilitate vein extraction, leading to the discovery of three additional veins during the development [2] Vein Discoveries - The company has identified several veins, including the South Pit Vein, which has expanded to approximately 5 meters in width after extraction efforts [5] - Newly exposed veins include the Mid-West Vein (1 meter wide, exposed over 3 meters), West Vein (3 meters wide, exposed over 6 meters), and 16 East Vein (1.5 meters wide, exposed over 40 meters) [11] Future Prospects - CEO Peter Espig noted that the project is larger than initially anticipated, with five open faces accessible for extraction, providing approximately 6 meters of strike length [12] - The newly exposed veins represent attractive exploration targets as they are open at depth [12] Company Background - Nicola Mining Inc. is a junior mining company that owns a fully permitted mill and tailings facility near Merritt, British Columbia, capable of processing both gold and silver [17] - The company also owns the New Craigmont Project, a high-grade copper property, and the Treasure Mountain Property, which includes 30 mineral claims [19]