Nicola Mining’s CEO Discusses Company’s Now Positive Operational Cash Flow & Milestone Achievements
Nicola Mining President and CEO Peter Espig discusses his Company’s most recent achievements including Nicola’s now positive operational cash flow, their Milling and Profit Sharing Agreements for gold concentrate production, and positive updates on Nicola Mining’s New Craigmont and Treasure Mountain projects.
Nicola’s Merritt Mill and Tailings Facility, Sand and Gravel Property and Cement Plant, currently under construction, now generate revenue that supports the Company’s other exploration activities without the need for excessive capital raises.
Mr. Espig also discusses another significant milestone which involves the Company forging Milling and Profit Sharing Agreements with several key partners, starting gold concentrate production in 2023. This sales contract also enables global distribution of the concentrate.
Peter Espig also provides an update on mining projects under Nicola Mining’s ownership. This involved milestone progress on the Company’s New Craigmont Project, a high-grade copper resources evidenced by multiple copper intercepts grading over 1.0% Cu. For the Company’s Treasure Mountain Project, a high-grade silver-lead-zinc mine that is fully permitted (M-239) for mining operations, they plan on submitting a Multi-Year Area-Based (“MYAB”) permit this year.
🖱️ Video Timestamps
0:22 – Introducing Nicola Mining President and CEO Peter Espig to our studio
0:36 – 2023 progress milestones achieved by B.C. mining company Nicola Mining
1:25 – Nicola Mining’s successful 2023 exploration program
1:32 – Nicola’s world-class mining exploration team
2:17 – Nicola Mining’s ESG sustainability leadership award in mining
2:30 – Merritt and the Nicola Valley flood updates and Nicola Mining’s role in repair
4:06 – CEO Peter Espig reviews rock samples
5:25 – Blue Lagoon Resources gold silver mining mill and profit share agreement with Nicola Mining
5:57 – Nicola’s goals moving forward
8:10 – What makes Nicola Mining a unique investment opportunity in closing remarks
Learn more about Nicola Mining from their website
➡️ https://nicolamining.com/
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