Nicola Mining Reports High-Grade Gold Discoveries at Quebec Dominion Project

Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) has reported final assay results from chip sampling at its Dominion Gold Project in Quebec, confirming multiple new high-grade vein discoveries and strong mineralization at the Pit Vein. The results include grades reaching 113.51 grams per tonne gold over 1.0 meter, along with additional intercepts of 55.17 g/t and 37.2 g/t gold from newly exposed areas.

The discovery of three previously unknown veins—the West, Mid West, and 16 East Veins—represents a significant expansion of the project's mineral potential. All three veins remain open in all directions, with the 16 East Vein traced for 40 meters at surface, indicating substantial exploration upside. These findings suggest the Dominion Gold Project may host a more extensive mineralized system than previously recognized.

CEO Peter Espig stated the results "confirm what we had hoped for" and revealed "unanticipated exciting revelations of Dominion's long-term potential." The company, which holds a 75% economic interest in the Dominion project, plans to advance bulk sampling and further define project scale in 2026. Additional information about the company's progress can be found at https://ibn.fm/HUSIF.

The high-grade nature of these discoveries is particularly significant given current gold market conditions and the growing demand for new gold discoveries. Grades exceeding 100 g/t gold are considered exceptionally high in the mining industry and typically indicate the potential for economically viable mineral deposits. The fact that these discoveries come from previously unknown veins suggests the property may contain additional undiscovered mineralization.

For investors and the mining industry, these results demonstrate the continued potential for significant gold discoveries in established mining jurisdictions like Quebec. The province's well-developed infrastructure and mining-friendly policies make such discoveries particularly valuable. The full details of the press release are available at https://ibn.fm/lkFXs.

The timing of these discoveries comes as global gold demand remains strong, driven by both investment and industrial uses. High-grade discoveries in safe mining jurisdictions are increasingly valuable assets in the current economic environment. Nicola Mining's progress at Dominion could position the company as an attractive investment opportunity in the junior mining sector while contributing to Quebec's status as a premier gold mining destination.