Nicola Mining Inc. reported that 2025 represented the most transformative year in its history, driven by disciplined execution and meaningful operational milestones across its precious-metal portfolio in British Columbia. The company's progress occurred against a strong macroeconomic backdrop for gold and silver, with focused efforts on exploration, permitting, and revenue-oriented initiatives throughout the year.
The company's transformative year began with February drill results that expanded the Embayment Zone and confirmed near-surface mineralization supportive of a larger copper system at its Craigmont property. This geological advancement provided important validation for the company's exploration strategy and resource potential.
Subsequent developments included receiving both draft and final bulk sample permits for the high-grade Dominion Creek Gold Project. This regulatory achievement enabled a structured 10,000-tonne bulk sample program conducted in partnership with High Range Exploration Ltd. The permitting milestone was reinforced by a successful private placement completed at $0.28 per unit, providing additional capital for project advancement.
Financially, Nicola Mining strengthened its position significantly by reducing its current portion of outstanding convertible debentures from $4.48 million at the start of 2025 to zero by December 1. This debt reduction represents a substantial improvement in the company's balance sheet and financial flexibility. The company also expanded its analyst coverage into the United States through Noble Capital Markets, complementing existing coverage by Atrium Research in Canada, which may improve market visibility and investor access.
The company's operational assets include 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. Nicola Mining has signed Mining and Milling Profit Share Agreements with high-grade gold projects, leveraging this infrastructure for potential revenue generation.
Nicola Mining's property 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. This property is adjacent to Highland Valley Copper, Canada's largest copper mine, providing strategic positioning in a proven mining district. The company also owns 100% of the Treasure Mountain Property, which includes 30 mineral claims and a mineral lease spanning over 2,200 hectares.
For investors seeking additional information, the latest news and updates relating to the company are available through various channels. The company maintains a newsroom at https://nnw.fm/HUSIF where stakeholders can access current developments. The broader financial news and content distribution platform that disseminated this information, NetworkNewsWire, operates as part of a larger communications network and provides detailed information about its services at https://www.NetworkNewsWire.com.
The combination of operational progress, permitting achievements, and financial strengthening positions Nicola Mining for continued advancement in the competitive junior mining sector. These developments are particularly significant given the company's strategic assets in British Columbia's established mining regions and its infrastructure advantages through owned processing facilities.
