Treasure Mountain Mine Reopening

Nicola Mining inspects and reopens portals at Treasure Mountain Silver Mine for 2027 operations.

Nicola Mining Inc. (NASDAQ: NICM) (TSXV: NIM) (FSE: HLIA) has announced the results of an independent underground inspection and assessment of its Treasure Mountain Silver Mine (Permit M-239), located 30 kilometres northeast of Hope, British Columbia. The inspection found that Treasure Mountain is in generally better condition than anticipated following approximately 13 years of inactivity. Both principal portals remain accessible, significant portions of the underground development remain open, natural ventilation pathways are functioning, and much of the historical underground infrastructure remains in place. The assessment also identified several features that may provide meaningful opportunities as Nicola advances its evaluation of Treasure Mountain.