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Nicola Mining’s Dominion Gold Project Assays Return Up To 113 Grams Gold Per Tonne / 3.31 Ozt Gold Per Ton

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Executive Summary

Nicola Mining Inc. has announced the receipt of final assay results from its Dominion Gold Project in British Columbia, marking a significant milestone in the company's 2025 exploration campaign. The assay results revealed high-grade gold mineralization, with chip samples returning up to 113 grams gold per tonne (3.31 ounces per ton), representing exceptional grades that substantially exceed typical commercial thresholds for gold mining operations.

The sampling program encompassed five distinct veins within the property, demonstrating the project's multi-vein gold system potential. This systematic approach to sampling across multiple vein structures suggests a comprehensive understanding of the mineralization controls and distribution patterns across the Dominion Gold Project area. The Company had previously provided a work program update on November 4, 2025, indicating ongoing systematic exploration activities.

These high-grade results position the Dominion Gold Project as a potentially significant asset within Nicola Mining's portfolio, particularly given the current gold price environment and renewed investor interest in high-grade gold projects. The 113 g/t gold result represents grades that could support economic extraction scenarios, though additional drilling and resource definition work would typically be required to advance the project toward development consideration.

For the broader British Columbia gold sector, these results contribute to the province's reputation as a prolific gold jurisdiction and may attract additional exploration investment to similar geological settings. The success at Dominion Gold could also enhance Nicola Mining's position for future financing activities and potential partnership opportunities as the company advances this and other projects in its portfolio.
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