Business
Nicola Mining Provides Update on Dominion Gold Project
Vancouver, British Columbia--(Newsfile Corp. - November 4, 2025) - Nicola Mining Inc. (TSXV: NIM...
About this update from Nicola Mining Inc.
[{"type":"text","content":"Nicola Mining Provides Update on Dominion Gold ProjectVancouver, British Columbia--(Newsfile Corp. - November 4, 2025) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF), (the \"Company\" or \"Nicola\") is pleased to announce that it has completed work at Dominion for 2025 and has completed all mine development for the 10,000 bulk sample, which is planned to recommence in July of 2026. Initially, the Company had planned to ship up to 2000 tonnes to the Nicola mill in 2025 for processing, but opted to wait until next year for two reasons:Weather: Abnormally high rainfall during August and September would likely degrade the haul road from overuse. Project Size: During the mine development phase (\"Development Phase\"), which commenced in August following completion of haul road upgrades, a landing area (\"Landing\") was constructed to provide access for vein extraction. The Development Phase included lowering the entire Landing by approximately 6 metres to create a face suited for vein extraction. While developing the Landing, three additional veins were discovered. Dominion Map Highlighting 2025 Work and Vein Discoveries Figure 1. Map showing the locations of 3 new veins discovered in 2025. Note: The map is from 2020 due diligence with additional of veins uncovered in 2025 indicated.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/4873/273067_6bfb2a9da4748848_001full.jpgHistorically Known Veins:South Pit Vein: Historically known vein from which previously chip samples were taken in 2020 Link. Samples taken were comprised of two South Pit Samples and two 16 Vein Samples. During 2025, the Company commenced vein extraction in the South Pit Zone, having moved the Landing down and working into the vein approximately 2 metres. Approximately 20 metres from the entrance, the vein expands to approximately 5 metres in width. Figure 2. Working faces of the bulk sample site - September 14, 2025. Total width of photo is 40m, distance between hanging wall (right side) of 16 Vein and Pit Vein is 20m. Figure 3. Pit Vein system as exposed on the working face.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/4873/273067_6bfb2a9da4748848_002full.jpg16 Vein: This historically known vein is located approximately 20 metres from the Sout...