en.Wedoany.com Reported - Recently, Canadian junior mining company Nicola Mining Inc. (NASDAQ: NICM, TSX Venture Exchange: NIM, Frankfurt Stock Exchange: HLIA) announced that its Dominion Gold Project in British Columbia has entered the pre-production preparation phase, with extraction of mill feed expected to begin in the first week of July 2026. Ore from the Dominion Gold Mine will be processed at the company's wholly-owned Merritt Mill, which is the only processing facility in British Columbia authorized to receive third-party gold and silver mill feed from across the province.
Nicola Mining Inc. is a junior mining company focused on British Columbia, Canada, owning a 100% interest in a mill and tailings facility. The company also has mining and milling profit-sharing agreements with several high-grade gold projects. The Dominion property consists of nine mineral claims covering approximately 1,058 hectares, with the company holding a 75% economic interest in the project. The project is characterized by high-grade gold mineralization, with vein systems remaining open in all directions and sample gold grades reaching up to 113 grams per tonne. Peter Espig, CEO of Nicola Mining Inc., stated that the Dominion Gold Mine is a "compelling" gold asset with near-term production potential and long-term value.
All ore from the Dominion Gold Project will be transported to Nicola Mining's Merritt Mill for processing. This mill is currently the only processing facility in British Columbia authorized to receive third-party gold and silver ores from across the province for custom milling. The facility is located on industrial freehold land approximately 12 kilometers northwest of Merritt, British Columbia, with Nicola Mining holding 100% ownership of the property. The mill can switch between gravity and flotation processes to optimize gold and silver recovery rates based on ore characteristics.
In preparation for mining, Nicola Mining has completed several infrastructure and operational preparations, including: completing an operational camp with capacity for 14 people and all on-site facilities; acquiring three Caterpillar 336-07 excavators, a high-performance rock breaker attachment (Traxxon TR-EX2000), and a John Deere 310E haul truck; assembling an operations team; and hiring a primary mining contractor. Additionally, the company made an additional payment of CAD 251,000 to the reclamation security account to strengthen environmental obligation compliance.
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