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Nicola Mining Drills 53.0 Metres of over 1.0% Copper and Confirms near Surface Copper in MARB / CAS Zones
Vancouver, British Columbia--(Newsfile Corp. - February 20, 2025) - Nicola Mining Inc. (TSX: N...
About this update from Nicola Mining Inc.
[{"type":"text","content":"Nicola Mining Drills 53.0 Metres of over 1.0% Copper and Confirms near Surface Copper in MARB / CAS ZonesVancouver, British Columbia--(Newsfile Corp. - February 20, 2025) - Nicola Mining Inc. (TSX: NIM) (OTCQB: HUSIF) (FSE: HLIA) (the \"Company\" or \"Nicola\")  has completed drilling (totaling 4874m and 14 holes; Table 1) and is pleased to provide updates on its highly successful 2024 Drilling Exploration Program (the \"2024 Program\")1 at its New Craigmont Copper Project, near Merritt, BC. Intervals of significant copper mineralization are presented in Table 2.Table 1. 2024 Drill Holes*Hole IDEastingNorthingElevation (m)Azimuth (°)Dip (°)End of Hole (m)WP-24-001642289556527113620-75377.93WP-24-00264228955652711362270-45207.25WP-24-00364225655649031377355-45658.00WP-24-00464226855649041378110-45211.22WP-24-004A64226855649041378110-45374.89MB-24-0016449775565105143735-55402.43MB-24-00264497755651051437325-55252.98MB-24-00364511355651291460210-60323.07MB-24-0046451135565129146035-60276.76MB-24-00564584855648581529180-60399.29MB-24-00664511355651291460265-67119.01MB-24-006A64511355651291460265-67121.92NC-24-0016466805564179934205-60594.36NC-24-0026466805564179934185-58554.71 *Collar coordinates approximate based on handheld GPS (NAD83, Zone 10), and will be professionally surveyed in 2025 when the snow melts.Table 2. Significant Drill Hole IntervalsHole IDInterval (m)GradeFrom (m)To (m)MB-24-00140.50.10% Cu52.5m93.0m Includes: 9.48m @ 0.34% CuMB-24-00428.30.11% Cu18.3m46.7m Includes: 10.86m @ 0.23% CuNC-24-00156.60.17% Cu313.7m370.3m Includes: 33.8m @ 0.23% Cu75.00.36% Cu404.0m479.0m Includes: 10m @ 0.97% Cu and Includes: 12m @ 0.85% Cu andNC-24-00252.9m1.03% 344.1m397.0m Includes: 13.0m @ 3.46% Cu Note: Detailed results on Company website.New Craigmont Copper Project 2024 ExplorationThe first phase of the 2024 Program at the never-before-drilled West Craigmont-WP target totaled ~1829.70m (5 holes, 1 of which was a twin/redrill, Fig. 1) with initial findings reported in the August 30, 2024 Operations and Exploration Update. Observations suggest a porphyry system; however, additional geological analysis and drilling will be required to establish potential in the area.Figure 1. Collar locations of 2024 drilling Program at the New Craigmont Project.To view an enhanced version of this graphic, please visit:htt...