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Nicola Mining Announces Results of 2019 Soils Sampling Program at Treasure Mountain Property
Vancouver, British Columbia--(Newsfile Corp. - January 23, 2020) - Nicola Mining Inc. (TSXV: N...
About this update from Nicola Mining Inc.
[{"type":"text","content":"Nicola Mining Announces Results of 2019 Soils Sampling Program at Treasure Mountain PropertyVancouver, British Columbia--(Newsfile Corp. - January 23, 2020) - Nicola Mining Inc. (TSXV: NIM), (the \"Company\" or \"Nicola\") is pleased to announce that it has received results from the 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 2019 Program focused on infilling and extending the MB Zone; an area north-west of Treasure Mountain Underground Development (Figure 1). Due to inclement weather the program was cut short, with 137 of the 538 soils being collected. The Company also collected rock samples at three locations and will release results once received. Figure 1: Treasure Mountain Property with soil sample results and historic sample locations (Note: Coloured dots represent 2019 testing while grey dots are historic).To view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/4873/51750_f092fb0424404b31_001full.jpgThe results of this incomplete campaign identify the fringe of the western extent of a northeast-trending silver anomaly, identified in the MB Zone. This has a similar orientation to that of the silver-bearing veins encountered in the Treasure Mountain underground workings and seen in outcrop at the Cal Vein-trench (Figure 2). These results are encouraging and warrant further work to the south and east of the MB zone, including additional geological mapping of this area. Figure 2: Galena-sphalerite-chalcopyrite bearing vein identified in the Cal-Vein trenchTo view an enhanced version of Figure 2, please visit:https://orders.newsfilecorp.com/files/4873/51750_f092fb0424404b31_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 43-101 - Standards of Disclosure for Mineral Projects. Sample Preparation, Analysis and Quality Assurance/Quality ControlNicola Mining applies a thorough quality assurance/quality control program at the Project, which is compliant with industr...