Nicola Mining Inc. · TSXV:NIM
Nicola Mining — Investor Presentation (April 2024)
30 slides from Nicola Mining's investor presentation, April 2024
Slide 1: British Columbia Based Diverse Mining Company
BRITISH COLUMBIA BASED DIVERSE MINING COMPANY Nicola mining inc. CORPORATE PRESENTATION April 2024 TSX.V: NIM | FSE: HLIA | OTCQB: HUSIF
Slide 2: Cautionary Note Regarding Forward-Looking Statements
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Ce rt ai n s t ate me n ts a n d proj e c ti ons i n thi s pre s e nt ati o n are f orw ar d-l o ok i n g s ta te m e nts a n d f orw ar d-l ook i n g i nf or m ati o n wi t hi n t he m e a ni n g of a ppl i c a bl e s e c uri ti e s l aws . F orw
Slide 3: About Nicola Mining Inc.
Nicola Mining Inc. offers a unique investment opportunity, combining robust exploration potential in key metals with stable operational revenues. About Strong Operational Cashflow Gold Concentrate Production Nicola Mining Inc. Merritt Mill and Tailings Facility, Nicola Mining Inc. has forged Milling
Slide 4: Diversified Core Assets
DIVERSIFIED CORE ASSETS NEW CRAIGMONT COPPER PROJECT MERRITT GOLD/SILVER MILL FACILITY • 100% ownership of the historic • British Columbia’s only mill permitted to Craigmont Mine process material province-wide • Proven high-grade copper skarn • 100% ownership of $30.0 million facility • Received mul
Slide 5: Location
LOCATION Elephant Country Favorable Mining Policies Southern BC is known for large- British Columbia boasts a mining- scale mines like Highland Valley friendly regulatory framework with and New Afton. Favourable geology efficient permitting processes, in the region supports major coupled with robust
Slide 6: Merritt Mill Facility
MERRITT MILL FACILITY The only facility permitted to process gold and silver from sources throughout the province of British Columbia. TSX.V: NIM | FSE: HLIA | OTCQB: HUSIF
Slide 7: Merritt Mill
Merritt Mill The Merritt Mill benefits from BC’s high regulatory requirements that imply multi-year approval processes and high CAPEX costs for mill and infrastructure construction. Unlike other projects Nicola owns, the Merritt Mill is freehold and is zoned as an industrial site. Merritt mill site
Slide 8: Merritt Mill Facility
Merritt Mill Facility Strategic Alliance Global Sales The Company has secured Milling and Profit Share Through a purchase contract with Ocean Partners UK Agreements with notable partners including Blue Lagoon Ltd., a firm specializing in global trading services, Nicola Resources Inc., Osisko Develop
Slide 9: New Craigmont Project
NEW CRAIGMONT PROJECT Formerly the highest-grade copper mine in North America TSX.V: NIM | FSE: HLIA | OTCQB: HUSIF
Slide 10: New Craigmont
New Craigmont The site has excellent infrastructure: • Road right to site. • Adjacent to major highway (BC Highway 8 and Coquihalla). • Connected to power (BC Hydro grid connected for mill). The right land package: • Holds mine and mill permit (Permit M-68). • 10,800+ ha of 100% owned mineral claim
Slide 11: New Craigmont
• 1961-1982, 34Mt ore @ 1.3% New Craigmont Cu both from underground The Craigmont Mine has contributed to the and open pit produced at rich history of mining in British Columbia for Craigmont more than 50 years. • Cut-off grade: 0.7% Cu • Body No. 3 remains in-situ • 1993-2014, magnetite produced by
Slide 12: Regional Geology
REGIONAL GEOLOGY Shares the regional geologic setting with the Highland Valley Copper District, the largest copper producer in Canada. TSX.V: NIM | FSE: HLIA | OTCQB: HUSIF
Slide 13: Local Geology
Local GEOLOGY Geologic Map New Craigmont Project LITHOLOGY Upper Triassic Nicola Group was intruded by Late Triassic Guichon Creek batholith. The western portion is overlain by the Cretaceous Spences Bridge Group. Nicola Group - Rhyolitic to andesitic volcaniclastic rocks - Carbonate-rich sedimentar
Slide 14: Mineralization
Epidote (Replacement of garnet) Mineralization C U-F E S K ARN Approximately two-thirds of the Craigmont ore body occurs within Actinolite & chlorite skarn, hosted by limey sandstone and limey siltstone of the Nicola Group, confined to a narrow, steeply south-dipping zone. The remaining ore is hoste
Slide 15: Exploration
Exploration The combination of ownership consolidation (Nov. 2015) and receipt of the MYAB Permit (Nov. 2022) allows Nicola to conduct extensive exploration on never-before-drilled high priority targets. HISTORIC EXPLORATION INSIGHTS Skarn Focused Geophysical Challenges Only focused on targeting lim
Slide 16: Exploration
exploration High-grade copper mineralization has been found near the historic Craigmont Mine and in the newly discovered Embayment Zone. R E C E N T DRILLING HIGHLIGHTS DDH-THU-002: 85.6m @ 1.11% Cu Sep 7, 2016, news release (SEDAR Oct. 4, 2016) S-100: 116.7m @ 0.54% Cu (re-sampling) Jan 23, 2017, n
Slide 17: Exploration: 2023 Drilling Summary
exploration 2023 DRILLING SUMMARY • Six holes were drilled north and east of the historic Craigmont pit. • NC23-001 interacted with skarn in the Nicola Group's limey sedimentary rocks east of the historic pit. • NC23-005 and NC23-006 revealed extensive potassic and propylitic alteration, along with
Slide 18: Exploration
Exploration An EW striking magnetic anomaly trend includes known mineralization found in the Embayment, Craigmont, and Eric zones. However, the MARB-CAS Zone remains largely unexplored. MARB MINFILE No. 092ISE033 Direction to WP Proposed 3D IP Area CAS MINFILE No. 092ISE224 MAG-MVI 3D Model TSX.V: N
Slide 19: Exploration
Exploration An EW striking magnetic anomaly trend includes known mineralization found in the Embayment, Craigmont, and Eric zones. However, the MARB-CAS Zone remains largely unexplored. Historic Drilling Historic Drilling 2024 Exploration Target 2024 Exploration Target (not yet drilled) (not yet dri
Slide 20: Exploration: West Craigmont Zone
Exploration F WEST CRAIGMONT ZONE - WP A PORPHYRY TARGET Porphyry-style mineralization and alteration has recently been found in Guichon Quartz Diorite outcrop at WP. F F’ F’ 2022 ZTEM-Resistivity 2022 ZTEM survey detected an oval- shaped resistivity high feature that coincides with magnetic high an
Slide 21: Exploration: MYAB Permit
Exploration For the first time ever, New Craigmont Copper can benefit from property- wide exploration project over the next five years. MYAB Multi-year Area-based Permitting An Exploration Game Changer The MYAB Permit allows the Company to complete the following key exploration activities: • Geophys
Slide 22: Dump Resource Estimation
DUMP RESOURCE ESTIMATION A Technical Report was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101“) supporting the Inferred Copper Resource for the Southern Dump and 3060 Portal Dump1. In 2024, the Company will conduct additional testing
Slide 23: Treasure Mountain Project
TREASURE MOUNTAIN PROJECT 100% owned high-grade Ag-Pb-Zn mine with a valid mining permit TSX.V: NIM | FSE: HLIA | OTCQB: HUSIF
Slide 24: Treasure Mountain
Treasure Mountain Coquihalla Highway Portal 1 Portal 2 Jensen Portal Portal 3 Portal 4
Slide 25: Treasure Mountain
Treasure Mountain • 2012 – 2013: the Company completed a 10,000-tonne bulk sampling program on Level 1, while . • The Company continues to review opportunities including M&A, joint ventures, and reopening the Treasure Mountain. allows the Company to mine up to 60,000 tonnes per year. TREASURE MOUNTA
Slide 26: Treasure Mountain
Treasure Mountain Exceptional grades discovered on the NW side of the mine – untested exploration potential Encouraging results during the 2019 Exploration Program were the catalyst for the expanded 2020 Exploration Program on the MB Zone 2019 Grab Sample Program Results1 • Sample 2100152: 913 g/t A
Slide 27: Management / Officers
MANAGEMENT / OFFICERS Peter Espig | Chief Executive Officer / Director Mr. Espig assumed the role of President and CEO on November 7, 2013, and guided the Company through its restructuring, which included entering the company into CCAA and successfully seeing its exit on November 21, 2014. He is exp
Slide 28: Directors
Directors Frank Hogel | Chairman / Director Mr. Hogel is an Asset Manager actively involved in the financial evaluation of companies and convertible debenture restructuring. He is on the advisory board of Concept Capital Management and has served as President and Chief Executive Officer of Peter Bec
Slide 29: Investment Highlight
Investment Highlight CORPORATE MERRITT MILL • Strong operational cashflow • Only facility permitted to • Diverse asset portfolio process mill feed throughout • Experienced management British Columbia team • Production commenced NEW CRAIGMONT TREASURE MOUNTAIN • Well established infrastructure • Full
Slide 30: Corporate and Investor Relations
Corporate and Investor Relations Email: info@nicolamining.com Phone: 604-608-6176 Fax: 604-608-6163 NICOLAMINING.COM TSX.V: NIM | FSE: HLIA | OTCQB: HUSIF