Nicola Mining Inc. · TSXV:NIM
Nicola Mining — Investor Presentation (March 2025)
29 slides from Nicola Mining's investor presentation, March 2025
Slide 1: Nicola Mining Inc. Corporate Presentation March 2025
i tl BRITISH COLUMBIA BASED DIVERSE MINING COMPANY NICOLA MINING INC. CORPORATE PRESENTATION. or MARCH 2025 a. * on TSX.V: NIM | FSE: HLIA | OTCQB: HUSIF ”™ v NICOLA
Slide 2: Forward-looking statements
Certain st at ement s a n d projections in this presentation are forward -look ing statements a n d forward-look ing information w i t h i n the m e a n i n g of ap p l i cab l e securities laws. F orwa rd-l o ok i ng i nformat ion is frequently characterized by w o rds s u c h as “plan”, “expect”,
Slide 3: Unique mining opportunity with exploration upside and operational revenues
Nicola Mining Inc. (“Nicola” or the “Company”) is a unique mining opportunity that provides investors exploration upside on key metals that is supported by operational revenues • The Company owns the New Craigmont Copper Project • The Company holds 100% ownership of the high-grade Treasure Mountain
Slide 4: About Nicola Mining
offers a unique investment opportunity, combining robust exploration potential in key metals with stable operational revenues. About Strong Operational Cashflow Gold Concentrate Production Merritt Mill and Tailings Facility, Nicola Mining Inc. has forged Milling Sand / Gravel Pit and Rock Quarry and
Slide 5: Assets: New Craigmont, Treasure Mountain, Quarry, Merritt Mill
TREASURE MOUNTAIN SILVER MINE NEW CRAIGMONT COPPER PROJECT • 100% owned historic high-grade Ag-Pb-Zn mine in • 100% ownership of the high-grade historic Craigmont southern British Columbia Copper Mine in southern British Columbia • NI 43-101 Resource Estimation • Established high-grade copper skarn
Slide 6: Elephant Country, Politically Stable, Infrastructure
Elephant Country Politically Stable Southern BC is known for large- British Columbia offers a secure scale mines like Highland Valley environment for mining and New Afton. Favorable geology investment. The province has a in the region supports major well-established legal framework, mineral deposits
Slide 7: Only facility permitted to process gold and silver in British Columbia
The only facility permitted to process gold and silver from sources throughout the province of British Columbia.
Slide 8: Merritt Mill benefits from BC's regulatory requirements
Capoose Blackwater Barkerville The Merritt Mill benefits from BC’s high regulatory Cariboo 3Ts requirements that imply multi-year approval Bullion Pit Spanish Mountain processes and high CAPEX costs for mill and infrastructure construction. Mount Polley Frasergold The Merritt Mill site is freehold a
Slide 9: Strategic Facility and Global Sales
Strategic Facility Secured gold/silver concentrate Milling and Profit Share Agreements with notable partners including Blue Lagoon Resources Inc., Osisko Development Corporation, and Talisker Resources Ltd. Nicola to commence production of its Dominion Gold Project in 2025. Global Sales Through a pu
Slide 10: Historically produced around 900 million pounds of copper
Historically produced around 900 million pounds of copper, once a vital source for global markets.
Slide 11: New Craigmont site infrastructure and land package
The site has excellent infrastructure: • Paved road right to site. • Adjacent to major highway (BC Highway 8 and Coquihalla). • Connected to power (Mill is on BC Hydro grid). The right land package: • Valid mine and mill permit (Permit M-68). • 10,800+ ha of 100% owned mineral tenures. In the right
Slide 12: Craigmont Mine history in British Columbia
• 1961-1982, 34Mt ore @ 1.28% Cu both from underground The Craigmont Mine has contributed to the and open pit produced at Craigmont. rich history of mining in British Columbia for • Cut-off grade: 1.0-0.7% Cu more than 50 years. • Body No. 3 remains in-situ. • 1993-2014, magnetite produced by re- pr
Slide 13: Shares regional geologic setting with Highland Valley Copper District
Shares the regional geologic setting with the Highland Valley Copper District, the largest copper producer in Canada.
Slide 14: Geological Map and Lithology
GEOLOGICAL 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 sedimentary rocks (lim
Slide 15: Ownership consolidation and MYAB permit enable 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 targets. HISTORIC EXPLORATION INSIGHTS EXPLORATION SINCE 2015 Skarn Focused • Over 18,000m of diamond drilling Only focused on targ
Slide 16: Cu-Fe Skarn and porphyry style mineralization
Epidote (Replacement of garnet) CU-FE SKARN 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 hosted by the Guichon Cr
Slide 17: Recent drilling highlights from skarn mineralization
High-grade copper-skarn mineralization has been found near the historic Craigmont Mine and in the newly established Embayment Zone. R E C E N T DRILLING HIGHLIGHTS FROM SKARN MINERALIZATION DDH-THU-002: 85.9m @ 1.11% Cu Sep 7, 2016, news release S-100: 116.7m @ 0.54% Cu (re-sampling) Jan 23, 2017, n
Slide 18: NI 43-101 Inferred Copper Resource
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. The Company plans to conduct additional testing with the intention of increasi
Slide 19: Treasure Mountain: historic high-grade Ag-Pb-Zn mine
100% owned historic high-grade Ag-Pb-Zn mine with a valid mining permit and significant exploration upside potential
Slide 20: Treasure Mountain portals
Coquihalla Highway Portal 1 Portal 2 Portal 3 Jensen Portal Portal 4
Slide 21: Treasure Mountain total vein resource
• 2012 – 2013: the Company completed a 10,000-tonne bulk sampling program on Level 1, while Stope 2 remains in-situ. • The Company continues to review opportunities including M&A, joint ventures, and reopening the Treasure Mountain mine. Permit M-239 allows the Company to mine up to 60,000 tonnes pe
Slide 22: Exceptional grades on NW side of the mine
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 2100151: 813 g/t Ag, 0.52 g/t Au, 19
Slide 23: 75% economic interest of permitted gold/silver project
75% economic interest of permitted gold/ silver project
Slide 24: Dominion Creek Property
• Nicola Mining Inc. maintains a 75% economic interest in the Dominion Creek Property via 50% land interest and 50% Mining and Milling Profit Share Agreement. Ore from the Dominion Creek Property will be extracted and processed at the Merritt Mill Site. • The Dominion Creek Property which is approxi
Slide 25: Corporate, Merritt Mill, New Craigmont, Treasure Mountain
CORPORATE MERRITT MILL • Strong operational cashflow • Only facility permitted to • Diverse asset portfolio process mill feed from • Experienced management throughout British Columbia team • Production commenced NEW CRAIGMONT TREASURE MOUNTAIN • Well established infrastructure • Hosts historic Craig
Slide 26: Operations and Exploration outlook 2025
Operations • 2025 expects to see exponential revenue • 2025 Est: Partnership milling estimated to be $50 MM+ • Gravel / rip rap production / cement ready mix plant to further augment sales • Dominion Creek bulk sample permit to expected to commence in July Exploration • Craigmont • 2025 to follow up
Slide 27: Peter Espig and Will Whitty
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 experienced in the analys
Slide 28: Frank Hogel, Dr. Paul Johnston, Malcolm Swallow
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 Beck Performa
Slide 29: Corporate & Investor Contact
Corporate & Investor Contact Bill Cawker Email: info@nicolamining.com Phone: 604-649-0080 NICOLAMINING.COM