FAQ: Nicola Mining's Treasure Mountain Silver Project Exploration Update
Summary
Nicola Mining Inc. is advancing preparation work for its 2026 exploration drilling program at the Treasure Mountain Silver Project in British Columbia, following recent permit approvals and mine lease extensions that position the company to capitalize on improving silver market conditions.
What is the main focus of Nicola Mining’s recent announcement?
The announcement focuses on the company’s 2025 preparation work and planned 2026 exploration drilling program at its wholly owned Treasure Mountain Silver Project, including recent permit approvals and mine lease extensions.
Where is the Treasure Mountain Silver Project located?
The project is located 30 km northeast of Hope, British Columbia, and consists of 30 mineral claims and a mineral lease spanning over 2,200 hectares.
Why was the Treasure Mountain mine previously suspended?
The mine was placed on care and maintenance in 2013 due to low silver prices, but remains a core asset for Nicola Mining as market conditions strengthen.
What recent permits and approvals has Nicola Mining received?
The company received a multi-year area-based exploration permit allowing diamond drilling and trenching, as well as a 10-year mine lease extension through April 26, 2032.
What preparation work has been completed for the 2026 drilling program?
Preparation work includes years of groundwork, an airborne magnetic geophysical survey, extensive soil sampling, and 2025 field reconnaissance focused on defining drill targets northwest of the currently suspended mine.
What other major projects does Nicola Mining own?
The company owns 100% of the New Craigmont Project, a high-grade copper property covering 10,913 hectares adjacent to Highland Valley Copper, Canada’s largest copper mine.
What processing capabilities does Nicola Mining have?
The company maintains a 100% owned mill and tailings facility near Merritt, British Columbia, that can process both gold and silver mill feed via gravity and flotation processes.
Where can investors find the latest news and updates about Nicola Mining?
The latest news and updates relating to HUSIF (OTCQB ticker) are available in the company’s newsroom at https://ibn.fm/HUSIF
What stock exchanges is Nicola Mining listed on?
Nicola Mining is listed on the TSX Venture Exchange (TSXV: NIM), Frankfurt Exchange (FSE: HLIA), and OTCQB (OTCQB: HUSIF).
How does the company plan to advance exploration at Treasure Mountain?
The company plans to advance exploration through the upcoming 2026 drilling program, leveraging its recent permit approvals and mine lease extension as silver market conditions strengthen.
This story is based on an article that was registered on the blockchain. The original source content used for this article is located at InvestorBrandNetwork (IBN)
Article Control ID: 253965