Nicola Mining Inc. has launched a 10,000-tonne bulk sample operation at its Dominion Creek Mineral Project in British Columbia, representing a pivotal moment in assessing the project's economic viability for high-grade gold and silver extraction. The company, which maintains a 75% economic interest in the venture, has completed comprehensive site preparations including establishment of a 14-person camp, bridge construction, equipment mobilization, and extensive roadwork. Ore extraction activities are scheduled to commence following final road improvements expected by August 10, positioning the project for accelerated development.
The Dominion Creek Project has demonstrated exceptional mineral potential through previous surface and chip sampling programs, with assay results revealing impressive grades of 62.1 grams per tonne gold and 320 grams per tonne silver, accompanied by significant lead and zinc values. This bulk sampling initiative serves as a crucial technical evaluation phase, building upon the company's receipt of a draft permit in March specifically authorizing the extraction of 10,000 tonnes of ore. The systematic approach to project development reflects Nicola Mining's methodical strategy for advancing the property toward potential production.
Peter Espig, Chief Executive Officer of Nicola Mining, emphasized the importance of this operational milestone, describing it as the culmination of years of dedicated preparatory work. He noted the growing support from First Nations communities, local stakeholders, and provincial ministries for small-scale, high-grade mining projects throughout British Columbia. This collaborative approach underscores the evolving landscape for mineral development in the region, where community engagement and environmental stewardship are increasingly integral to project success.
Nicola Mining maintains a diversified portfolio of mining assets, including a fully permitted mill and tailings facility near Merritt, British Columbia, which is capable of processing both gold and silver mill feed through advanced gravity and flotation separation processes. The company's strategic assets also include the New Craigmont Project, a high-grade copper property situated adjacent to Canada's largest copper mine, Highland Valley Copper. Additional information about the company's operations and development strategy is available at https://ibn.fm/yuz4U, while ongoing updates and corporate announcements can be accessed through the company's newsroom at https://ibn.fm/HUSIF.
