Nicola Mining Inc. Secures Multi-Year Exploration Permit for Treasure Mountain Silver Project
TL;DR
Nicola Mining secures a multi-year exploration permit for the Treasure Mountain Silver Project, offering investors a strategic advantage in a rising silver market.
The MYAB Permit allows Nicola Mining to conduct 30 drill holes, trenching, and geophysical surveys over five years, enhancing exploration and mining potential.
Nicola Mining's expanded permits and exploration activities contribute to local economic growth and the sustainable development of British Columbia's mining sector.
Discover how Nicola Mining's new permits unlock the potential of the Treasure Mountain Silver Project, blending history with modern exploration techniques.
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Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) has been granted a multi-year area-based exploration permit (MX-15-121) for its Treasure Mountain Silver Project in British Columbia. This permit, alongside a previously secured 10-year mining lease extension, authorizes the company to conduct up to 30 drill holes, trenching, trail building, and geophysical surveys over the next five years. CEO Peter Espig highlighted that these permits are a strategic advantage, allowing Nicola Mining to advance both mining and exploration efforts in a region with a rich mining history.
The significance of this development lies in the potential to revitalize the Treasure Mountain Silver Project, a historically significant asset, at a time when silver prices are strong. This could have substantial implications for the local economy, the mining industry, and investors, as it opens up new opportunities for resource extraction and economic growth in British Columbia. The project's advancement is a testament to Nicola Mining's commitment to leveraging its assets and expertise to contribute to the mining sector's development.
Curated from InvestorBrandNetwork (IBN)
