Curated News
By: NewsRamp Editorial Staff
November 04, 2025

Nicola Mining Discovers New Veins, Advances Dominion Project

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Original Source

TLDR

  • Nicola Mining's discovery of three new gold veins at the Dominion project provides potential for expanded gold-bearing zones and competitive advantage in resource extraction.
  • Nicola Mining completed its 2025 work program, deferred mill shipments due to rainfall, and sent samples from newly discovered veins to Paragon Geochemical for analysis.
  • Nicola Mining's expanded project scope and new vein discoveries contribute to responsible resource development that supports local economies and sustainable mining practices.
  • Nicola Mining discovered three new gold veins near historically known zones during development, with analysis results pending that could reveal significant mineral wealth.

Impact - Why it Matters

This development matters because it signals potential expansion of gold resources at Nicola Mining's Dominion project, which could significantly impact the company's valuation and future production capacity. For investors, the discovery of three new veins suggests untapped mineralization potential that may lead to increased reserves and longer mine life. The proximity to historically productive areas and the pending assay results from Paragon Geochemical could reveal substantial gold-bearing zones, potentially driving stock performance. In the broader mining sector, successful exploration results from junior mining companies like Nicola often attract additional investment into the industry and can indicate regional mining potential in British Columbia. The company's strategic position with its own milling facility provides operational flexibility and cost advantages, making any resource expansion particularly valuable for long-term profitability.

Summary

Nicola Mining Inc. (TSX.V: NIM, FSE: HLIA, OTCQB: HUSIF) has successfully completed its 2025 work program at the Dominion project, marking a significant milestone in the company's mining operations. The program included all necessary mine development for the upcoming 10,000-tonne bulk sample, which is scheduled to recommence operations in July 2026. However, the company made the strategic decision to defer initial shipments to its Nicola mill facility due to unusually heavy rainfall conditions and an expanded project scope. During the development phase, exploration teams made an exciting discovery of three new mineral veins—designated as Mid-West, West, and 16 East—located in proximity to historically known South Pit and 16 Veins areas. These newly identified zones were systematically sampled and sent to Paragon Geochemical for comprehensive analysis, with results currently pending. Company management, including CEO leadership, expressed that these findings significantly enhance confidence in the project's overall scale and potential for expanded gold-bearing mineralization zones.

The company maintains a robust portfolio of mining assets, highlighted by its 100% owned mill and tailings facility near Merritt, British Columbia, which is fully permitted to process both gold and silver mill feed through gravity and flotation processes. Nicola Mining has established strategic Mining and Milling Profit Share Agreements with various high-grade gold projects, positioning the company for sustainable growth. Additionally, the company owns 100% of the New Craigmont Project, a high-grade copper property spanning 10,913 hectares along the southern end of the Guichon Batholith, adjacent to Highland Valley Copper, Canada's largest copper mine. The company's asset base further includes the Treasure Mountain Property, comprising 30 mineral claims and a mineral lease covering over 2,200 hectares. The news was disseminated through the Investor Brand Network's specialized communications platform, which provides comprehensive corporate communications solutions including press release enhancement and social media distribution through their Dynamic Brand Portfolio.

Source Statement

This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Nicola Mining Discovers New Veins, Advances Dominion Project

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