Curated News
By: NewsRamp Editorial Staff
June 02, 2025
Nicola Mining to Restart Mill for Continuous Production
TLDR
- Nicola Mining is restarting its fully permitted mill, setting the stage for 8 years of continuous production with new contracts.
- Nicola Mining owns 100% of the New Craigmont Project, a high-grade copper property covering 10,913 hectares.
- Nicola Mining's unique status as Canada's only designated mining industrial site supports province-wide processing rights for gold and silver, benefiting the local economy.
- Nicola Mining's mill can process both gold and silver feed via gravity and flotation processes, showcasing innovative mining techniques.
Impact - Why it Matters
This news highlights Nicola Mining's strategic move to resume operations, signaling potential growth and stability in the mining sector. Investors and stakeholders should take note of the company's unique position and diversified project portfolio, which could lead to increased profitability and market presence.
Summary
Nicola Mining (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) plans to restart its fully permitted mill in June 2025 for eight years of continuous production, CEO Peter Espig announced. The company holds six active permits for gold, silver, copper, quarrying, and milling and is Canada's only designated mining industrial site. Nicola Mining owns the New Craigmont Project and the Treasure Mountain Property, both with significant mineral resources.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, Nicola Mining to Restart Mill for Continuous Production
