Vancouver, British Columbia–(Newsfile Corp. – April 9, 2024) – Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA), (the “Company” or “Nicola“) is pleased to announce that on April 1, 2024, it and Talisker Resources Ltd. (TSX: TSK) (OTCQX: TSKFF) (“Talisker”) have signed a Milling Agreement (the “Agreement”). Under the Agreement, Talisker may transport material to Nicola’s mill site, located near Merritt, British Columbia. Nicola’s Merritt Mill is a unique $30.0 million plus milling and processing facility constructed on free-hold industrial-zoned land owned 100% by the Company.
Nicola’s Merritt Mill is the only facility in the Province of British Columbia permitted to accept third party gold and silver mill feed from throughout the province.
Since 2016, Nicola has entered into several profit share agreements with mining companies, including Osisko Development.
The Company is in a strong position as it prepares to commence milling…
