- Nicola Mining (OTCQB: HUSIF) secures a 10-year mining lease extension and a 5-year exploration permit for Treasure Mountain.
- Remarkable silver grades discovered at Treasure Mountain with surface samples showing up to 9,221 g/t silver.
- Plans to ramp up gold and silver production at Craigmont operations by 2025.
Nicola Mining (OTCQB: HUSIF) has strategically positioned itself following the receipt of key permit approvals for its Treasure Mountain project. The mining company has secured a significant 10-year mining lease extension alongside a 5-year exploration permit, enabling further exploration and development of the site.
The Treasure Mountain project stands out with surface samples showing impressive silver grades of up to 9,221 grams per tonne (g/t), indicating high-grade silver potential and boosting the project's prospects.
Apart from Treasure Mountain, Nicola Mining is advancing its Craigmont operations, with multiple gold and silver production projects expected to come online throughout 2025. This dual-focus strategy positions the company to enhance both its exploration endeavors and precious metal output, aligning with its long-term growth objectives.
