This article has been disseminated on behalf of Nicola Mining Inc. and may include paid advertising.
Nicola Mining (NASDAQ: NICM) (TSXV: NIM) (FSE: HLIA) announced that its first-ever drill hole at the newly identified Jotun target within the New Craigmont Copper Project in British Columbia confirmed geological characteristics consistent with a prospective porphyry copper system. The 840-meter drill hole intersected multiple hydrothermal alteration styles, structurally controlled native copper mineralization and bornite-bearing veins, supporting the company’s evolving exploration model and identifying Jotun as a priority target for additional drilling.
The company also completed a property-wide Mobile Magnetotelluric geophysical survey and an extensive Mobile Metal Ion soil sampling program over the Draken target as part of its 2026 exploration campaign. Nicola said the integrated drilling, geochemical and geophysical data will refine future drill targets and support an expanded exploration program in 2027, while additional geochemical analyses from the Jotun drill hole are expected later this year.
To view the full press release, visit https://nnw.fm/CQfwb
About Nicola Mining
Nicola Mining Inc. is a junior mining company listed on the Exchange and Frankfurt Exchange that maintains a 100% owned mill and tailings facility, located near Merritt, British Columbia. It has signed Mining and Milling Profit Share Agreements with high grade gold projects. Nicola’s fully permitted mill can process both gold and silver mill feed via gravity and flotation processes.
The Company owns 100% of the New Craigmont Project, a high-grade copper property, which covers an area of 10,913 hectares along the southern end of the Guichon Batholith and is adjacent to Highland Valley Copper, Canada’s largest copper mine. The Company also owns 100% of the Treasure Mountain Property, which includes 30 mineral claims and a mineral lease, spanning an area exceeding 2,200 hectares.
NOTE TO INVESTORS: The latest news and updates relating to NICM are available in the company’s newsroom at https://nnw.fm/NICM
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