Nicola Mining Inc. reported a material increase in throughput of high-grade gold and silver mill feed sourced from its partnership with Blue Lagoon Resources at the Dome Mountain Gold Project. The company has transitioned its fully permitted Merritt Mill to a flotation-only recovery circuit to better process sulphide-hosted mineralization, enhance metallurgical recoveries and improve concentrate grades.
The significance of this development lies in the operational optimization of Nicola's milling capabilities, which now focuses specifically on sulphide-hosted mineralization through flotation technology. This technical adjustment allows for more efficient processing of the high-grade material from the Dome Mountain partnership, potentially leading to improved financial returns from mineral extraction. The high-grade gold-silver flotation concentrate produced through this enhanced process is being sold to Ocean Partners UK Limited, creating a direct revenue stream for the company.
Beyond the milling improvements, Nicola Mining continues underground development at Dome Mountain while preparing for future operations. The company has announced equipment procurement for planned bulk sample extraction at its Dominion Gold Project, with operations scheduled to begin in July 2026. This forward-looking planning demonstrates the company's strategic approach to resource development across multiple properties.
For investors, Nicola Mining reiterated its objective to pursue a planned first-quarter 2026 NASDAQ uplisting, which would provide increased visibility and potentially broader market access. The company maintains a 100% owned mill and tailings facility near Merritt, British Columbia, and has signed Mining and Milling Profit Share Agreements with high-grade gold projects. Additional corporate information is available in the company's newsroom at https://ibn.fm/HUSIF.
The company's asset portfolio includes 100% ownership of the New Craigmont Project, a high-grade copper property covering 10,913 hectares along the southern end of the Guichon Batholith, adjacent to Highland Valley Copper, Canada's largest copper mine. Nicola also owns 100% of the Treasure Mountain Property, which includes 30 mineral claims and a mineral lease spanning over 2,200 hectares.
This operational update comes as the mining sector continues to seek efficient processing methods for increasingly complex mineral deposits. The transition to specialized recovery circuits like Nicola's flotation-only system represents an industry trend toward targeted metallurgical approaches that maximize recovery rates from specific mineralization types. The full press release detailing these developments can be viewed at https://ibn.fm/f9oH4.
