Rockbreaks Nicola Mining Inc. (NASDAQ: NICM) (TSXV: NIM) (FSE: HLIA) Reports Treasure Mountain Mine In Better-Than-Anticipated Condition Ahead Of Planned 2027 Restart

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Nicola Mining (NASDAQ: NICM) (TSXV: NIM) (FSE: HLIA) announced the results of an independent underground inspection and factual assessment of its Treasure Mountain Silver Mine in British Columbia as the company evaluates reopening the mine in 2027. McElhanney Ltd., an independent Canadian engineering and consulting firm, found the mine to be in generally better condition than anticipated after approximately 13 years of inactivity, potentially expediting the timeline for recommencing mining activities. Both principal portals remain accessible, significant portions of the underground development remain open, natural ventilation is functioning and much of the historical infrastructure remains in place, with no conditions observed that would prevent the project from advancing to the next stage of evaluation.

The assessment also identified accessible underground drill stations, partially developed headings, unexplored areas and potential unprocessed material that could provide exploration opportunities. Nicola plans to advance a detailed geotechnical and rehabilitation assessment, followed by surveying and mapping, with the work expected to support subsequent mine planning, ventilation design, rehabilitation and the recommencement of mineral extraction. CEO Peter Espig said the existing underground development, combined with Nicola's permitted Merritt milling infrastructure, could provide a disciplined and capital-efficient pathway toward renewed silver production.

To view the full press release, visit

About Nicola Mining

Nicola Mining Inc. is a junior mining company listed on the Exchange and Frankfurt Exchange that maintains a 100% owned mill and tailings facility, located near Merritt, British Columbia. It has signed Mining and Milling Profit Share Agreements with high grade gold projects. Nicola's fully permitted mill can process both gold and silver mill feed via gravity and flotation processes.

The Company owns 100% of the New Craigmont Project, a high-grade copper property, which covers an area of 10,913 hectares along the southern end of the Guichon Batholith and is adjacent to Highland Valley Copper, Canada's largest copper mine. The Company also owns 100% of the Treasure Mountain Property, which includes 30 mineral claims and a mineral lease, spanning an area exceeding 2,200 hectares.

NOTE TO INVESTORS: The latest news and updates relating to NICM are available in the company's newsroom at

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