Categories Mining Stocks

Nicola Mining Inc. (TSX.V: NIM) (OTCQB: HUSIF) Unlocks Value at Dominion Creek Gold-Silver Project

  • The Dominion Creek property lies within a highly prospective ground underlain by the Isaac Lake Fault system.
  • Nicola marked a major milestone at Dominion by obtaining the final bulk sample permit from BC authorities, allowing extraction of up to 10,000 tonnes of ore.
  • Resource potential at Dominion Creek is supported by historic high-grade production. 

Nicola Mining (TSX.V: NIM) (OTCQB: HUSIF) is steadily advancing its Dominion Creek project in British Columbia’s gold-rich region, integrating gold and silver exploration with nearby milling infrastructure to deliver both resource growth and early-stage production outcomes. The company’s focus on strategic permits, strong assay results and a vertically integrated model underscores its vision of becoming a reliable, cash-flow generating junior miner.

The Dominion Creek property, located 43 kilometers northeast of Wells, lies within a highly prospective ground underlain by the Isaac Lake Fault system (https://ibn.fm/kJ1VH). Nicola holds a 75% economic interest in the project through a combination of land ownership and profit-sharing agreements with High Range Exploration Ltd. The 7.5 km-long claim package hosts high-grade gold-silver veins, with historic sampling revealing standout grades, such as 62.1 g/t Au and 320 g/t Ag from a 9.7 kg surface sample, underscoring the area’s exploration potential (https://ibn.fm/JiVTT).   

In March, Nicola marked a major milestone with the Dominion Creek project by obtaining the final bulk sample permit from the BC government, which will allow Nicola to extract up to 10,000 tonnes of ore (https://ibn.fm/h4km5). A free-use permit accompanying this licence authorizes construction of haulage roads to support future mining activities. This regulatory win positions Nicola to initiate extraction at Dominion Creek, which is the next major step for the company. The company has funded road upgrades via a $50,000 investment to High Range, accelerating progress toward bulk sampling (https://ibn.fm/lvFrS). 

The company plans to transport the high-grade gold ore from the town of Wells to Nicola’s wholly owned Merritt Mill, a fully permitted custom processing facility capable of handling multiple gold-silver feed sources. This mill operation encourages Nicola’s self-sustaining balance sheet, generating cash flow while developing its copper, gold and silver projects. According to a recent Noble Research Report, the company expects Dominion Creek to contribute to the Merritt Mill’s ramp-up in Q3, complementing other ore sources such as Blue Lagoon’s Dome Mountain project (https://ibn.fm/6Vt0y). 

The potential upside at Dominion Creek is worth highlighting. It is supported by a historic 1,180-tonne bulk sample taken in 1992 from the South Zone, which delivered head-grade gold of approximately 14.1 g/t and gold recovery rates near 93% through conventional processing (https://ibn.fm/enaAB). Recent head samples from vein targets such as Number 16 have yielded up to 62.1 g/t Au and 320 g/t Ag, with similar high-grade results (e.g., 58.7 g/t Au, 130 g/t Ag) from concentrates produced in 1989–1992. These grades speak to the high-end potential of Dominion’s mineralization. The project also benefits from established infrastructure, First Nations engagement — including a letter of support from the Lheidli T’enneh — and a bulk-sample permitting process (https://ibn.fm/3LrH2). 

Nicola’s operational blueprint for 2025 includes commencing Dominion Creek’s bulk sample extraction in Q3, reaching and maintaining full-production capacity at the Merritt Mill, and publishing exploration results for the flagship New Craigmont (Copper) Project (https://ibn.fm/U71Qd). Nicola’s strategy synergizes with its broader corporate objectives: To concentrate operations within British Columbia. In tandem with Dominion Creek and New Craigmont, the company is advancing Treasure Mountain, a silver-lead-zinc project (https://ibn.fm/njFlN). The integration of exploration and processing capability enhances Nicola’s sustainability and operational efficiency, positioning itself for further organic growth.

Nicola Mining stands out among other junior miners, especially in BC. Its balanced strategy blends exploration upside with steady cash flow from processing ore. By capturing value from its high-grade gold-silver system, and converting it into tangible ore through a permitted mill, Nicola effectively minimizes dilution and enhances its appeal to investors seeking actionable exposure to resource development in British Columbia.

In summary, Nicola Mining’s Dominion Creek project is entering a new phase, transitioning from exploration to bulk sampling and production. Supported by records of historically high-grade samples, operational permits, and the Merritt Mill, Dominion Creek highlights Nicola’s growing impact on the BC’s mining sector.

For more information, visit www.NicolaMining.com.

NOTE TO INVESTORS: The latest news and updates relating to HUSIF are available in the company’s newsroom at https://ibn.fm/HUSIF 

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