Nicola Mining Initiates 10,000-Tonne Bulk Sample at Dominion Creek Gold-Silver Project
TL;DR
Nicola Mining's 10,000-tonne bulk sample at Dominion Creek offers investors a stake in high-grade gold and silver extraction, enhancing portfolio value with potential high returns.
Nicola Mining has completed site preparations for a 10,000-tonne bulk sample at Dominion Creek, including camp setup and roadwork, with extraction set post-road improvements by August 10.
Nicola Mining's project at Dominion Creek, supported by First Nations and local communities, promotes sustainable mining practices and economic growth in British Columbia.
Discover Nicola Mining's ambitious Dominion Creek project, where high-grade gold and silver ore extraction could redefine small-scale mining success in British Columbia.
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Nicola Mining Inc. has commenced a 10,000-tonne bulk sample at its Dominion Creek Mineral Project in British Columbia, representing a significant advancement in assessing the property's potential for high-grade gold and silver extraction. The company, which holds a 75% economic interest in the project, has completed essential site preparations including establishment of a 14-man camp, bridge construction, equipment mobilization, and roadwork improvements. Ore extraction is scheduled to begin following completion of road enhancements by August 10, positioning the project for its most substantial evaluation to date.
The Dominion Creek Project has demonstrated promising results from previous surface and chip sampling, with assays revealing impressive grades of 62.1 grams per tonne gold and 320 grams per tonne silver, along with significant lead and zinc values. This bulk sampling initiative serves as a crucial phase in determining the project's commercial viability and follows the company's receipt of a draft permit in March specifically authorizing the extraction of 10,000 tonnes of ore. The systematic approach to development reflects the company's methodical strategy for advancing the property toward potential production.
Peter Espig, CEO of Nicola Mining, emphasized the importance of this milestone, describing it as the culmination of years of preparatory work and planning. 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 to resource development represents an evolving model for mineral exploration in the region, balancing economic opportunity with environmental and community considerations.
Nicola Mining maintains a diversified portfolio that includes a 100% owned mill and tailings facility near Merritt, British Columbia, along with the New Craigmont Project, a high-grade copper property adjacent to Canada's largest copper mine, Highland Valley Copper. The company's fully permitted mill facility is equipped to process both gold and silver mill feed through advanced gravity and flotation processes, providing strategic flexibility for future operations. Additional project details and corporate information are available through the company's comprehensive online resources at https://ibn.fm/yuz4U, while ongoing updates and news regarding the company's activities can be accessed via their dedicated newsroom at https://ibn.fm/HUSIF.
Curated from InvestorBrandNetwork (IBN)

