| VANCOUVER, B.C., September 16, 2021 – Nicola Mining Inc. (TSX.V: NIM) (FSE: HLI), (the “Company” or “Nicola”) is pleased to announce that it has completed a second shipment of 96.7 dry tonnes of gold and silver concentrate to Ocean Partners UK Limited[1] (“Ocean Partners”). On August 31, 2021, the Company announced its first shipment, which was produced via a partnership with Blue Lagoon Resources Inc. (CNSX: BLLG). Combined with the initial concentrate shipment, the Company has now sent a total of 136.8 dry tonnes of concentrate to Ocean Partners for an aggregate total value of USD664,081.36. The first shipment (40.075 dry metric tonnes) was invoiced based on 85 g/t Au and 430 g/t Ag, while the second shipment of (96.74 dry metric tonnes) was invoiced at 93 g/t and 468 g/t Ag, respectively. ______________________ [1] Ocean Partners operates in a number of countries, including Canada, Chile, China, Cyprus, Mexico, Mongolia, Netherlands, Peru, Taiwan, Turkey, United Kingdom, and the United States, and retains agency representation in Argentina, Australia, Bolivia, Brazil, Chile, Ecuador, India, Japan, South Africa, South Korea. The Company maintains a strong global network of relationships and contacts in the base metal mining and smelting sector. |
Webinar Nicola Mining will host a webinar to discuss the Company’s recent updates. The webinar will take place on Friday, September 17th at 9am PST / 12pm EST. Management will be available to answer questions following the presentation. To join the webinar, register from this link (also includes dial-in instructions): |
Qualified Person Kevin Wells, P.Geo, a consulting geologist to the Company, is the independent qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects for the technical disclosure contained in this news release. About Nicola Mining Nicola Mining Inc. is a junior mining company listed on the TSX Venture and Frankfurt Exchanges that maintains a 100% owned mill and tailings facility, located near Merritt, British Columbia. It is comprised of four key assets: A $30.0 million plus modern mill facility that is held freehold and is the only site permitted to process material province wide. 100% ownership of the historic Craigmont Copper Mine located in southern British Columbia. 100% ownership of Treasure Mountain, a high-grade silver mine located in southern British Columbia. 75% economic interest in the high grade Dominion Creek Project gold project. In depth explanations can be seen on the Company’s Corporate Presentation. https://nicolamining.com/investors/corporate-presentation/ On behalf of the Board of Directors “Peter Espig” Peter Espig CEO & Director For additional information Contact: Peter Espig Phone: (778) 385-1213 Email: info@nicolamining.com |
