Curated News
By: NewsRamp Editorial Staff
June 01, 2026

Nicola Mining Nears Gold and Silver Production at Dominion Project

Discuss on LinkedIn Discuss on X, formerly Twitter Discuss on Substack Discuss on Telegram participate in discussion on bluesky Participate in discussion on Mastodon
Original Source

TLDR

  • Nicola Mining starts gold and silver extraction in July, offering early investors a chance to capitalize on high-grade potential.
  • Nicola Mining will process Dominion Gold Project material at its permitted Merritt Mill using gravity and flotation methods.
  • Nicola Mining strengthens reclamation bonds, ensuring responsible mining that protects British Columbia's environment for future generations.
  • Grades up to 113 grams of gold per tonne highlight the Dominion project's exceptional mineralization and expansion potential.

Impact - Why it Matters

This news matters because Nicola Mining's imminent production at the Dominion Gold Project could generate new cash flow and strengthen the company's financial position. For investors, it signals a potential turning point for the junior miner, as high-grade mill feed from Dominion may enhance profitability and provide a steady revenue stream. Additionally, the use of the fully permitted Merritt Mill underscores Nicola's unique infrastructure advantage in British Columbia, positioning it as a key player in the region's mining sector. The project's open vein systems and high gold grades suggest significant upside potential, making this development one to watch for those interested in precious metals and mining stocks.

Summary

Nicola Mining Inc. (NASDAQ: NICM) (TSXV: NIM) (FSE: HLIA) is set to commence gold and silver extraction operations at its Dominion Gold Project in British Columbia, with mill feed extraction expected to begin in the first week of July. The high-grade material will be processed at the company's wholly owned Merritt Mill, the only fully permitted milling facility in British Columbia authorized to process gold and silver material from across the province. Nicola Mining has completed key infrastructure and operational initiatives, including installing a 14-person operational camp, acquiring mining equipment, and hiring crews and contractors. The company also made an additional $251,000 payment toward reclamation bonding requirements, strengthening its environmental profile. Management highlighted that the Dominion project has demonstrated strong mineralization with vein systems open in all directions and grades of up to 113 grams of gold per tonne, underscoring its potential to become a significant source of high-grade mill feed and support future cash flow growth.

Nicola Mining is a junior mining company listed on the Exchange and Frankfurt Exchange that maintains a 100% owned mill and tailings facility near Merritt, British Columbia. It has signed Mining and Milling Profit Share Agreements with high-grade gold projects. The company's fully permitted mill can process both gold and silver mill feed via gravity and flotation processes. Additionally, Nicola owns 100% of the New Craigmont Project, a high-grade copper property covering 10,913 hectares adjacent to Highland Valley Copper, Canada's largest copper mine, and the Treasure Mountain Property, which includes 30 mineral claims and a mineral lease spanning over 2,200 hectares. For more details, visit the full press release at https://ibn.fm/AWGFu. The latest news and updates relating to NICM are available in the company's newsroom at https://ibn.fm/NICM.

This news was disseminated by Rocks & Stocks, a specialized communications platform delivering deep insights into the mining industry, and part of the Dynamic Brand Portfolio @ IBN. Rocks & Stocks provides access to a vast network of wire solutions via InvestorWire, article and editorial syndication to 5,000+ outlets, enhanced press release enhancement, social media distribution, and a full array of tailored corporate communications solutions. With broad reach and a seasoned team, R&S is uniquely positioned to serve companies wanting to reach a wide audience. For more information, visit RocksAndStocks.news.

Source Statement

This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Nicola Mining Nears Gold and Silver Production at Dominion Project

blockchain registration record for this content.