Curated News
By: NewsRamp Editorial Staff
October 15, 2025
Nicola Mining Advances Treasure Mountain Silver Project with 2026 Drilling Plans
TLDR
- Nicola Mining's 2026 drilling program and extended mine lease position investors to capitalize on rising silver prices through its fully permitted Treasure Mountain Silver Project.
- Nicola Mining conducted airborne surveys, soil sampling, and field reconnaissance to define drill targets, supported by multi-year permits for diamond drilling and trenching.
- Advancing the Treasure Mountain Silver Project creates economic opportunities in British Columbia while responsibly developing resources as market conditions improve.
- Nicola Mining's Treasure Mountain Silver Project covers over 2,200 hectares near Canada's largest copper mine, with drilling planned northwest of the suspended mine.
Impact - Why it Matters
The revival of the Treasure Mountain Silver Project signals potential growth in silver production as market conditions improve, which could impact silver supply and investment opportunities. For investors and industry observers, Nicola Mining's progress represents a strategic move to capitalize on strengthening silver prices while leveraging existing infrastructure and permits. The company's multi-asset portfolio, including its copper properties and processing capabilities, positions it as a diversified player in the Canadian mining sector. As global demand for silver continues in industrial applications and renewable energy technologies, successful exploration and development at Treasure Mountain could contribute to regional economic development in British Columbia while providing exposure to precious metals markets.
Summary
Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) has announced significant progress in its 2025 preparation work at the Treasure Mountain Silver Project, located 30 km northeast of Hope, British Columbia, while simultaneously outlining ambitious plans for its 2026 exploration drilling program. The junior mining company, which maintains a 100% owned mill and tailings facility near Merritt, British Columbia, has positioned itself for substantial growth as silver market conditions strengthen. The Treasure Mountain property, a fully permitted silver mine that was placed on care and maintenance in 2013 due to unfavorable silver prices, represents a core asset for Nicola Mining. The company's recent achievements include securing a multi-year area-based exploration permit that authorizes diamond drilling and trenching activities, along with a crucial 10-year mine lease extension valid through April 26, 2032.
The upcoming exploration program builds upon years of meticulous groundwork, including comprehensive airborne magnetic geophysical surveys, extensive soil sampling campaigns, and targeted 2025 field reconnaissance focused on defining promising drill targets northwest of the currently suspended mine operations. Beyond the Treasure Mountain Silver Project, Nicola Mining's portfolio includes the New Craigmont Project, a high-grade copper property spanning 10,913 hectares along the southern end of the Guichon Batholith, strategically positioned adjacent to Highland Valley Copper, Canada's largest copper mine. The company's fully permitted mill facility, capable of processing both gold and silver mill feed through gravity and flotation processes, provides additional operational flexibility and revenue potential through Mining and Milling Profit Share Agreements with high-grade gold projects. For investors seeking the latest updates, comprehensive information about HUSIF remains available through the company's dedicated newsroom and the specialized communications platform Rocks & Stocks, which delivers deep insights into the mining industry as part of the Dynamic Brand Portfolio managed by IBN.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Nicola Mining Advances Treasure Mountain Silver Project with 2026 Drilling Plans
