HUSIFNicola Mining Inc.

About Nicola Mining Inc. (HUSIF)

Nicola Mining Inc. (HUSIF) is a Other Industrial Metals & Mining company headquartered in Lower Nicola, BC, Canada whose shares trade over-the-counter on the OTCQB tier.

Nicola Mining Inc. is a copper explorer advancing its flagship 100%-owned, fully-permitted New Craigmont mine located in Merritt, B.C. The historic Craigmont Mine is adjacent to Highland Valley, North America's largest copper mine, and is North America's highest-grade former producer. Currently, the company is working towards a resource and hopes to reopen the permitted mine in the future. The Company also operates the permitted Merritt mill, the only facility permitted to process Au/Ag anywhere in the province. The facility produced gold and silver concentrate under signed Mining and Milling Profit share agreements in which the company typically receives a 50% economic interest. The Company also owns Treasure Mountain, a high-grade silver mine located near the mill.

Products and services

Nicola Mining Inc. is a junior mining Company listed on the TSX Venture Exchange and operates a 200 ton a day custom mill processing gold/silver mill feed at its 100% owned mill and lined tailings facility, located near Merritt, British Columbia. The fully-permitted mill can process both gold and silver mill feed via gravity and floatation processes. The Company also owns 100% of Treasure Mountain, a high-grade silver property, and an active gravel pit that is located adjacent to its milling operations. In November 2015, the Company became the first group to consolidate ownership of the New Craigmont Project and has been actively conducting mineral exploration since. The Property is a wholly-owned copper property with active mine permit M-68, located 33km south of Highland Valley porphyry district. The property is located to the southern end of the Guichon Creek Batholith, which hosts the Highland Valley copper deposits.

HUSIF key facts

Ticker symbol

HUSIF

Market tier

OTCQB

Sector

Basic Materials

Industry

Other Industrial Metals & Mining

Headquarters

Lower Nicola, BC, Canada

Country of incorporation

CA

Year of incorporation

1987

Employees

13

Estimated market cap

$45.76M (as of Apr 11, 2025)

Shares outstanding

175,999,081

Reporting standard

International Reporting: TSX Venture Exchange

Audit status

Audited

Fiscal year end

12/31

Latest filing

Interim Financial Report (Sep 30, 2024)

Nicola Mining Inc. leadership

• Peter Espig — CEO, President
• Sam Wong — CFO

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