Curated News
By: NewsRamp Editorial Staff
February 03, 2026

Nicola Mining Reports Promising Copper Results in BC Drilling Program

TLDR

  • Nicola Mining's 2025 drilling at New Craigmont identified a porphyry system and copper mineralization, offering investors potential early advantage in a promising copper project near Canada's largest copper mine.
  • Nicola Mining drilled seven holes totaling 3,347 meters across three targets, collecting geological data that supports porphyry system presence and guides 2026 drilling plans.
  • This copper exploration contributes to sustainable resource development, supporting future infrastructure and technology needs while creating economic opportunities in British Columbia.
  • The drilling intersected 9.5 meters grading 0.39% copper at MARB-CAS, revealing promising mineralization in a project spanning over 10,000 hectares near Merritt.

Impact - Why it Matters

This news matters because it highlights significant copper discoveries in British Columbia, a region critical for global copper supply amid rising demand from renewable energy and electrification trends. For investors, it signals potential growth opportunities in junior mining companies like Nicola Mining, which operates near Canada's largest copper mine, suggesting resource expansion and enhanced valuation prospects. The findings could also impact local economies through job creation and infrastructure development, while contributing to sustainable resource extraction as copper is essential for technologies like electric vehicles and green energy systems. Understanding such exploration successes helps stakeholders assess market trends and investment risks in the volatile mining sector.

Summary

Nicola Mining Inc., a junior mining company trading on multiple exchanges including TSXV: NIM, FSE: HLIA, and OTCQB: HUSIF, has announced significant progress in its 2025 exploration diamond drilling program at the New Craigmont Copper Project near Merritt, British Columbia. The company reported completing seven drill holes totaling 3,347 meters across three key targets, with geological and geochemical data strongly indicating the presence of a porphyry system at the Draken target. This finding is supported by downhole zonation and copper-molybdenite mineralization, suggesting substantial copper potential in the region. Additionally, encouraging results were intersected at the MARB-CAS target, including a notable 9.5-meter interval grading 0.39% copper, reinforcing the project's viability and guiding future exploration efforts. These discoveries are particularly significant as the New Craigmont Project covers 10,913 hectares along the southern end of the Guichon Batholith and is adjacent to Highland Valley Copper, Canada's largest copper mine, positioning Nicola Mining in a prime location for resource development.

Beyond its exploration activities, Nicola Mining maintains a 100% owned mill and tailings facility near Merritt, which is fully permitted to process both gold and silver mill feed via gravity and flotation processes. The company has also signed Mining and Milling Profit Share Agreements with high-grade gold projects, enhancing its operational flexibility and revenue potential. In addition to the New Craigmont Project, Nicola Mining owns 100% of the Treasure Mountain Property, comprising 30 mineral claims and a mineral lease spanning over 2,200 hectares, further diversifying its asset portfolio. The news release was disseminated through the InvestorBrandNetwork, which includes platforms like Rocks & Stocks, a specialized communications platform delivering deep insights into the mining industry and part of the Dynamic Brand Portfolio that offers extensive distribution and corporate communications solutions to maximize reach and impact for companies like Nicola Mining.

For investors and stakeholders, the latest updates relating to HUSIF are available in the company's newsroom, providing ongoing transparency and access to critical information. The findings from the 2025 drilling program are set to inform planned drilling activities for 2026, with the data supporting continued target development and potential resource expansion. This news underscores Nicola Mining's strategic positioning in a copper-rich region, leveraging its assets and exploration successes to drive growth and value. As the global demand for copper continues to rise, driven by trends in renewable energy and electrification, such developments could have broader implications for the mining sector and investment opportunities, making this update a key point of interest for those following the industry and Nicola Mining's progress.

Source Statement

This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Nicola Mining Reports Promising Copper Results in BC Drilling Program

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