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Nicola Mining Announces 2019 Rock Samples Results at Treasure Mountain Silver Mine Property
Vancouver, British Columbia--(Newsfile Corp. - February 21, 2020) - Nicola Mining Inc. (TSXV: ...
About this update from Nicola Mining Inc.
[{"type":"text","content":"Nicola Mining Announces 2019 Rock Samples Results at Treasure Mountain Silver Mine PropertyVancouver, British Columbia--(Newsfile Corp. - February 21, 2020) - Nicola Mining Inc. (TSXV: NIM), (the \"Company\" or \"Nicola\") is pleased to announce that it has received rock sample results taken during the Company's 2019 soil sampling program (the \"2019 Program\") at its wholly owned Treasure Mountain Property, a fully-permitted high-grade silver mine located approximately 90 minutes from its Craigmont Mill.The Company provided results from soil samples in a news release issued on January 23, 2020. In addition to soil sampling, the Company took five rock samples, three from soil sample locations where a rock sample was taken in lieu of adequate soil, and two samples from outcropping mineralized material that appears to be part of the Cal Vein. Sample 2100151, which was one of the two Cal Vein samples, provided significant mineralization:Sample 2100151: 813 grams Ag and 0.518 grams Au per tonne and 19% zinc and 4.66% copperThe Cal Vein is a well-known structure located on the northern side of the mountain, within the MB Zone, which is located approximately 1.5 km from the Treasure Mountain Mine. Figure 1 shows the location of rock and soil samples from the 2019 Program.Figure 1: Treasure Mountain Property soil and rock sampling program locationsTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/4873/52659_6274599414e31bad_001full.jpgThe select rock samples of mineralized vein material from the 2019 Program appear to be from the same Cal Vein system that was tested in 2010 and 2013 that also provided high-grade assays. Mineralization remains open and the Company plans to conduct additional testing during 2020. Assay results of the rock samples taken during the 2019 field program are provided in Figure 2, below:Figure 2: Rock Sample ResultsTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/4873/52659_6274599414e31bad_002full.jpgScientific and Technical InformationAll information of a scientific or technical nature contained in this document, including sampling, analytical and test data has been reviewed and approved by Kevin Wells, P. Geo., a consulting Geologist to Nicola Mining. Wells is a Qualified Person as defined by National Instrument 43-1...