FAQ: Nicola Mining's High-Grade Gold Discoveries at Dominion Gold Project
Summary
Nicola Mining Inc. reported final assay results from chip sampling at its Dominion Gold Project in Quebec, confirming multiple new high-grade vein discoveries with grades up to 113.51 g/t gold. The company plans to advance bulk sampling and further define project scale in 2026, with CEO Peter Espig highlighting the unanticipated exciting revelations of Dominion's long-term potential.
What are the key findings from Nicola Mining’s Dominion Gold Project?
The final assay results confirm multiple new high-grade vein discoveries including grades up to 113.51 g/t gold over 1.0 meter, with additional intercepts of 55.17 g/t and 37.2 g/t gold from newly exposed areas at the Pit Vein.
What new vein discoveries were made at the Dominion Gold Project?
Three previously unknown veins were discovered: the West, Mid West, and 16 East Veins, all of which remain open in all directions, with the 16 East Vein traced for 40 meters at surface.
Why are these assay results significant for Nicola Mining?
CEO Peter Espig stated the results ‘confirm what we had hoped for’ and revealed ‘unanticipated exciting revelations of Dominion’s long-term potential,’ indicating strong mineralization and project viability.
What is Nicola Mining’s ownership stake in the Dominion Gold Project?
Nicola Mining holds a 75% economic interest in the Dominion Gold Project.
What are Nicola Mining’s future plans for the Dominion Gold Project?
The company plans to advance bulk sampling and further define project scale in 2026.
Where is the Dominion Gold Project located?
The Dominion Gold Project is located in Quebec, Canada.
What other mining properties does Nicola Mining own?
Nicola Mining owns 100% of the New Craigmont Project, a high-grade copper property covering 10,913 hectares, and 100% of the Treasure Mountain Property spanning over 2,200 hectares with 30 mineral claims and a mineral lease.
What processing capabilities does Nicola Mining have?
The company maintains a 100% owned mill and tailings facility near Merritt, British Columbia, which is fully permitted to process both gold and silver mill feed via gravity and flotation processes.
Where can investors find more information about Nicola Mining?
The latest news and updates relating to HUSIF (Nicola Mining’s OTCQB symbol) are available in the company’s newsroom at https://ibn.fm/HUSIF, and the full press release can be viewed at https://ibn.fm/lkFXs.
What stock exchanges does Nicola Mining trade on?
Nicola Mining trades on the TSX Venture Exchange (TSXV: NIM), Frankfurt Stock Exchange (FSE: HLIA), and OTCQB (OTCQB: HUSIF).
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