Nicola Mining and Lower Nicola Site Services Complete Gravel Pit Expansion and Full Completion of Cement Ready Mix Plant
Nicola Mining and Lower Nicola Site Services
Complete Gravel Pit Expansion and Full
Completion of Cement Ready Mix Plant
Vancouver, British Columbia--(Newsfile Corp. - September 29, 2025) - Nicola Mining Inc. (
TSXV: NIM
)
(
FSE: HLIA
) (
OTCQB: HUSIF)
, (the "
Company
" or "
Nicola
") is pleased to announce that it, along with
its partner Lower Nicola Site Services Ltd ("
LNSS
"), has successfully completed a long term expansion
of its wholly-owned gravel pit (Permit G1519) and fully completed construction of its cement ready mix
plant
[1]
.
The Company has now garnered two very significant permits for its gravel / rock quarry and cement
operations:
1
.
Notice of Departure ("
NoD
")
[2]
at the New Craigmont Project from the Ministry of Mining and
Critical Minerals, formerly known as the Ministry of Energy, Mines and Low Carbon Innovation
("
EMLI
"), to operate a rock quarry.
Under the NoD the Company can extract of up to 3.0 million
tonnes ("
Mt
") of inert available rock material that may be used for the infrastructure reconstruction
efforts at a production rate of approximately 1500 tonnes per day.
2
.
Extension of Gravel Pit mine life (Permit G1519) and Permit to Construct, Use, And
Maintain Works Within a Right-of-Way of a Provincial Public Highway (Permit/File
Number: 2024-05539), the latter which was received on September 5, 2025.
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Garnering all required permits to operate and expand gravel pit operations, coupled with the installation
of an underground culvert allowing for aggregate to be transferred from opposite side of the highway,
has significant long term implications:
Teck Resources' Highland Valley Copper
(HVC) has received permit approval from the British
Columbia Ministry of Mines for its planned $2.5 billion expansion project.
The approval marks a
major milestone for Canada's largest copper operations.
LNSS has secured contracts to supply
gravel and cement for the project, which will be sourced from Nicola's gravel pit and ready-mix
cement plant.
LNSS has secured contracts with the Ministry of Transportation and various private sector entities
that will be sourced from the site.
Potentially extends gravel pit operations for decades
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Peter Espig, Chief Executive Officer, commented, "Though Nicola continues to solidify itself as a
regional milling partner and operator of the Dominion Gold Project, which we will provide updates soon,
we highlight an emphasis on operational revenues as the fuel of expansion.
We recognize that the rock
quarry, gravel pit and cement ready-mix plant are not our long-term core revenue generators; however, it
all contributes to a solid bottom line.
In addition, these operations are a catalyst to work closely with First
Nations, local communities, and numerous infrastructure projects.
Qualified Person
The scientific and technical disclosure included in this news release have been reviewed and approved
by Will Whitty, P.Geo., who is the Qualified Person as defined by NI 43-101. Mr. Whitty is Vice President,
Exploration for the Company.
About Nicola Mining
Nicola Mining Inc. is a junior mining company listed on the TSX-V 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 BC-based 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 property that hosts historic high-grade
copper mineralization and covers an area of over 10,800 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.
On behalf of the Board of Directors
"
Peter Espig
"
Peter Espig
CEO & Director
For additional information
Contact:
Peter Espig
Phone: (778) 385-1213
Office Phone: (604) 649-0080
Email:
Forward-Looking Information
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
[1]
Nicola Commences Construction of Cement Ready Mix Plant:
Link
[2]
May 2, 2022, News Release:
Link
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