NetworkNewsBreaks – Nicola Mining Inc. (TSXV: NI
Post# of 14
(Total Views: 64)
Posted On: 05/08/2025 3:50:05 PM
NetworkNewsBreaks – Nicola Mining Inc. (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) Coverage Initiated with Outperform Rating, Target Set at C$0.70 / US$0.50
Nicola Mining (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) a junior exploration company with near-term cash flow and district-scale copper potential, has been initiated with an Outperform rating and a price target of C$0.70 (US$0.50). The coverage highlights Nicola’s diversified asset base, including its flagship New Craigmont Copper Project, the high-grade Treasure Mountain silver-lead-zinc mine, and a 75% economic interest in the Dominion Creek gold project.
The company also owns 100% of the only mill in British Columbia permitted to receive and process third-party material, generating revenue through its Merritt Mill, sand/gravel pit, and rock quarry. This infrastructure provides cash flow to support operations and exploration without dilutive equity issuance.
New Craigmont is located in the prolific Quesnel Trough and borders Teck Resources’ Highland Valley Copper Mine. The site includes the historic Craigmont mine, which produced 900 million pounds of copper between 1961 and 1982 at an average grade of 1.28%.
For more information, visit the company’s website at https://nicolamining.com/
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
Nicola Mining (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) a junior exploration company with near-term cash flow and district-scale copper potential, has been initiated with an Outperform rating and a price target of C$0.70 (US$0.50). The coverage highlights Nicola’s diversified asset base, including its flagship New Craigmont Copper Project, the high-grade Treasure Mountain silver-lead-zinc mine, and a 75% economic interest in the Dominion Creek gold project.
The company also owns 100% of the only mill in British Columbia permitted to receive and process third-party material, generating revenue through its Merritt Mill, sand/gravel pit, and rock quarry. This infrastructure provides cash flow to support operations and exploration without dilutive equity issuance.
New Craigmont is located in the prolific Quesnel Trough and borders Teck Resources’ Highland Valley Copper Mine. The site includes the historic Craigmont mine, which produced 900 million pounds of copper between 1961 and 1982 at an average grade of 1.28%.
For more information, visit the company’s website at https://nicolamining.com/
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
(0)
(0)