Business
Nicola Mining Ramps Up Production of High Grade Gold and Silver Concentrate
Vancouver, British Columbia--(Newsfile Corp. - February 26, 2026) - Nicola Mining Inc.  (TSX...
About this update from Nicola Mining Inc.
[{"type":"text","content":"Nicola Mining Ramps Up Production of High Grade Gold and Silver ConcentrateVancouver, British Columbia--(Newsfile Corp. - February 26, 2026) - Nicola Mining Inc. (TSXV: NIM) (OTCQB: HUSIF) (FSE: HLIA) (the \"Company\" or \"Nicola Mining\") is pleased to report a material increase in throughput of high-grade gold and silver mill feed sourced from its partnership with Blue Lagoon Resources (CSE: BLLG) at the Dome Mountain Gold Project.High-grade gold and silver material is being processed at Nicola's fully permitted Merritt Mill, where the Company has transitioned from gravity & flotation gold recovery to a flotation-only recovery circuit to suit the new mill feed and to streamline production. This optimization reflects the sulphide-hosted nature of the mineralization and is designed to enhance metallurgical recoveries, improve concentrate grades, and maximize payable metal content. The resulting high-grade gold-silver flotation concentrate is sold to Ocean Partners UK Limited1 (\"Ocean Partners\")., a globally recognized metals trading and finance group.The transition from gravity-centric recovery to a flotation-focused flowsheet has been executed without operational disruption. Incremental plant upgrades and circuit refinements are being implemented concurrently with production to further improve recoveries, throughput stability, and operating efficiencies. Underground development at Dome Mountain continues, with additional mining faces being prepared to sustainably increase mill feed tonnage.In parallel, Nicola has initiated procurement of key mobile equipment and personnel in preparation for planned extraction at its Dominion Gold Project. The Dominion project hosts structurally controlled, high-grade gold. which Nicola intends to commence extraction under a bulk sample permit in July 2026. Gold production will allow validation of grade continuity, metallurgical performance, and mining selectivity while further augment the Company's cash flow.Peter Espig, CEO of Nicola, stated, \"Nicola continues to systematically advance its near-, mid-, and long-term development strategy. Our integrated milling infrastructure, coupled with high-grade feed sources in a premier mining jurisdiction, provides operating leverage to strengthening precious and base metal markets. Concurrently, we remain focused on achieving our p...