$NIM.V

3 stories mentioning NIM.VUpdated 14d ago

Every FINWIRES story that references NIM.V, newest first.

Nicola Mining Up 5% as It Readies to Begin Production at Its Dominion Gold Project

Nicola Mining (NIM.V) were last seen up 5% after the company on Monday said it is in the final stages of preparing for the start of gold and silver mining operations at its Dominion Gold project in British Columbia.Material extracted from Dominion will be processed at Nicola's Merritt Mill.The company said it is advancing multiple key infrastructure, equipment, and operational initiatives ahead of the start of operations, while also strengthening its reclamation profile through an additional $251,000 payment toward its reclamation bonding requirement. Mill feed extraction is expected to start first week of July."Dominion represents a highly compelling high-grade gold asset that we believe possesses both exceptional near-term production potential and significant long-term strategic value for Nicola," said Chief Executive Peter Espig. "As we transition toward extraction, we are particularly excited by the opportunity to establish Dominion as a meaningful and sustainable source of premium-grade mill feed for our Merritt Mill operations."Shares of the company were last seen up $0.04 to $0.84 on the TSX Venture Exchange.Price: $0.84, Change: $+0.04, Percent Change: +5.00%

$NIM.V

Mining & Metals48d ago

Nicola Mining Starts Exploration Drilling at Its Flagship New Craigmont Copper Project

Nicola Mining (NIM.V) on Tuesday said it launched its 2026 exploration diamond-drilling program at its New Craigmont Copper project, near Merritt, British Columbia.The company's 2026 plans include drilling an exploration hole to directly test the ZTEM anomaly and evaluate its potential as a core of a porphyry-skarn system. It notes, however, that New Craigmont "has the potential of hosting multiple porphyries, as highlighted by the adjacent Highland Valley Copper".Drilling at the Jotun target is expected to provide "valuable" geological information to support ongoing target development, including improved understanding of alteration assemblages, structural controls, lithological contacts, and mineralization, which are critical components in advancing exploration of a potential porphyry copper system at New Craigmont. The estimated budget for the 2026 program is $1.5 million, which includes a geophysical survey and a soil sampling campaign.The company expects drilling to conclude in early June before starting another drilling program at its Treasure Mountain silver project. It also expects to have its thermal vectoring dataset fully processed during the season, which will support further interpretation of hydrothermal alteration patterns and help guide decisions on whether to continue expanding this work with additional data collection in the following year.Shares of the company were last seen down $0.02 to $0.77 on the TSX Venture Exchange.Price: $0.77, Change: $-0.02, Percent Change: -2.53%

$NIM.V

Mining & Metals63d ago

Nicola Mining Announces Nasdaq Listing and Pricies US$6 Million Offering

Nicola Mining (NIM.V) on Monday priced its US$6-million underwritten public offering of share units in the United States.The company said it is offering 930,233 American Depositary Share (ADSs) units priced at US$6.45 including an ADS and a five-year warrant with an exercise price of C$12.2213.The company said each ADS represents 12 shares of Nicola.The ADSs are expected to begin trading today on the Nasdaq Capital Market under the ticker symbol "NICM".The company plans to use the net proceeds for mill expansion, property, plant and equipment expenditures and general and administrative and working capital.The company's shares were last seen down C$0.06 to C$0.87 on the TSX Venture Exchange.Price: $0.88, Change: $-0.05, Percent Change: -5.38%

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