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Nicola Mining's New Craigmont Study Reveals Major Copper Potential

Nicola Mining Inc. announces a UBC study redefining its New Craigmont copper project, revealing porphyry system indicators and narrowing exploration targets for 2026.

This news is significant for the mining investment community and the broader copper market. The reclassification of the New Craigmont deposit as part of a porphyry system, supported by academic research, substantially de-risks the exploration thesis and increases the probability of discovering a large, economically viable copper resource. Given the project's location next to the Highland Valley Copper mine—one of Canada's most significant copper producers—the findings suggest potential for a major new deposit in a proven mining district. For investors, this represents a pivotal development that could enhance shareholder value and attract further capital as the company progresses toward its 2026 drilling campaign. In a global context where copper demand is soaring due to electrification and renewable energy transitions, identifying new sources of this critical metal is of paramount strategic importance.