Nicola Mining Provides An Update For Ongoing Exploration At It’s Flagship New Craigmont Copper Project

Nicola Mining Inc. has released an update on the progress of its 2025 Exploration Diamond Drilling Program at the New Craigmont Copper Project, located near Merritt, British Columbia. The company, which trades on multiple exchanges including the TSX under the symbol NIM, has been advancing exploration activities at what it considers its flagship copper asset.

The 2025 drilling program focused on three specific targets, though detailed results from the drilling activities were not disclosed in this preliminary update. The New Craigmont project represents a significant asset in Nicola Mining's portfolio, positioned in the established mining region around Merritt, which has a history of copper production and mining infrastructure.

This exploration update reflects continued investment in copper exploration activities during a period of heightened interest in base metals, particularly copper, driven by electrification and energy transition demands. The company's decision to maintain active drilling programs demonstrates confidence in the project's potential and commitment to advancing the asset through systematic exploration.

The timing of this update suggests that Nicola Mining is working to keep shareholders informed about exploration progress as the company builds its understanding of the deposit's geology and mineralization patterns. Further details regarding drill results and interpretations are likely to follow as assay results become available and geological analysis is completed.