Blockchain Registration Transaction Record

Nicola Mining Secures 5-Year Lease Extensions for New Craigmont Copper Project

Nicola Mining receives 5-year mining lease extensions for New Craigmont copper property adjacent to Canada's largest copper mine, accelerating potential operations.

This development matters because copper is a critical mineral essential for renewable energy infrastructure, electric vehicles, and global decarbonization efforts. With copper demand projected to surge significantly in coming years, securing mining leases for high-grade deposits near existing operations reduces development risks and accelerates production timelines. For investors and the mining industry, this represents potential increased copper supply from a strategically located Canadian asset, contributing to North American mineral security and supporting the transition to clean energy technologies.