Latest news with #PeterEspig
Yahoo
24-06-2025
- Business
- Yahoo
CEO.CA's Inside the Boardroom: Nicola Mining in 'Envious Position' for First Treasure Mountain Exploration in Decade
Toronto, Ontario--(Newsfile Corp. - June 24, 2025) - (" the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers. Founded in 2012, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites and apps in Canada and for investors globally - with industry leading audience engagement and mobile functionality. Millions of people visit each year to connect with investors from around the world, share knowledge and view impactful stories about stocks, commodities, and emerging companies. As a media partner at investor events around the world, provides coverage of the companies shaping the future of mining, meeting with industry leaders to learn more about their vision and strategy. Meet the Executives Shaping the Mining Landscape We caught up with Peter Espig, CEO of Nicola Mining (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) to understand how dual permits (10-year mining lease extension plus 5-year exploration permit) positions Nicola in an "envious position" to systematically explore high-grade surface samples showing up to 9,221 g/t silver, while the company simultaneously ramps up gold and silver production at their Craigmont operations with multiple projects coming online throughout 2025. Nicola Mining (TSXV: NIM) (FSE: HLIA) (OTCQB: HUSIF) Cannot view this video? Visit: Tune into 'Inside the Boardroom' each week and be part of the conversation that's shaping the business landscape. Visit or our YouTube page for hundreds more executive interviews from here. Interested in showcasing your company on 'Inside the Boardroom'? Get in touch with our team at sales@ for further details and opportunities. About leading community for investors & traders in junior resource & venture stocks. is one of the most popular free financial websites and apps in Canada and for small-cap investors globally -- with industry leading audience engagement and mobile functionality. Since 2012, has brought millions of investors together from over 164 countries to discuss their portfolio holdings and find new investment opportunities. Download our App on iOS or Android marketplace or visit us today at to set up your free account. is a wholly owned subsidiary of EarthLabs, Inc. For further information please contact: hello@ Neither the TSX Venture Exchange ("TSXV"), OTC Best Market "(OTCQX") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. Cautionary Statement The information regarding any issuer contained or referred to in any interviews conducted by has been furnished by such issuer directly, and neither nor any of its affiliates or principals assumes any responsibility for the accuracy or completeness of such information or for any failure by an issuer to ensure disclosure of events or facts which may affect the significance or accuracy of any such information. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the objectives, goals, future plans, statements regarding exploration results and exploration and/or development plans of companies featured on the platform. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects, currency risk and the other risks involved in the applicable exploration and development industry, and those risks set out in the public documents of such companies filed on SEDAR or elsewhere from time to time. Undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-06-2025
- Business
- Yahoo
IBN Announces Latest Episode of The MiningNewsWire Podcast Featuring Peter Espig, CEO of Nicola Mining Inc.
AUSTIN, Texas, June 10, 2025 (GLOBE NEWSWIRE) -- via IBN – IBN, a multifaceted communications organization engaged in connecting public companies to the investment community, is pleased to announce the release of the latest episode of The MiningNewsWire Podcast as part of its sustained effort to provide specialized content distribution via widespread syndication channels. The MiningNewsWire Podcast features revealing sit-downs with executives who are shaping the future of the global mining industry. The latest episode features Peter Espig, CEO and Director of Nicola Mining Inc. (TSX.V: NIM) (OTCQB: HUSIF), a junior resource company focused on monetizing high-grade mineral assets in British Columbia. To begin the interview, Peter outlined Nicola Mining's mission: delivering shareholder exposure to gold, silver and copper while maintaining a disciplined, cash-flow-first approach. 'We aim to provide shareholders exposure to gold, silver and copper with a strong foundation of cash flow,' he said, citing his background in distressed debt. 'We've worked hard to get the company where it is today. We have all our permits, we're producing, and we're generating operating cash flow that reduces the need for dilution.' He added that Nicola still offers 'the upside of an explorer' through its copper asset and is now actively monetizing — a position many peers haven't yet reached. Peter went on to discuss the company's infrastructure advantage: owning and operating British Columbia's only provincially permitted mill capable of processing gold and silver from across the province. 'Our permit reads: Nicola Mining has the right to accept and process gold and silver mill feed from anywhere in British Columbia,' he explained. 'There's no need for additional testing or consultation — we've already completed that.' Production at Nicola's Merritt-based mill resumed in June 2025, marking a shift to consistent operations at the centrally located New Craigmont site, which also hosts the company's copper exploration project.' He also framed Nicola as a hub for smaller high-grade projects that can't justify mill construction. 'We're the airport, and all those high-grade projects not backed by billion-dollar companies are the airplanes,' he said. 'They need a place to land, and that material comes to us.' As cash flow scales, Nicola plans to take a measured acquisition approach, targeting near-production assets that can be integrated over time to build long-term value around its milling infrastructure. Join IBN's Carmel Fisher and Peter Espig, CEO and Director of Nicola Mining, for a discussion on ramping up gold production, advancing key B.C. assets and building long-term value through disciplined growth. To hear the whole podcast and subscribe for future episodes, visit The latest installment of The MiningNewsWire Podcast continues to reinforce IBN's commitment to the expansion of its robust network of brands, client partners, followers and the growing IBN Podcast Series. For more than 19 years, IBN has leveraged this commitment to provide unparalleled distribution and corporate messaging solutions to 500+ public and private companies. To learn more about IBN's achievements and milestones via a visual timeline, visit: About Nicola Mining Nicola Mining Inc. is a junior mining company 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. Nicola's gold and silver mill is the only permitted third-party processing facility in all of British Columbia. In addition to its industry-leading mill, Nicola is further strengthened by ownership of multiple strategic mineral projects throughout the province. The company owns 100% of the New Craigmont Copper Project, a high-grade copper property adjacent to Canada's largest copper mine. The company also owns 75% of Dominion Creek Gold Project and 100% of the nearby Treasure Mountain Silver Project. For further information, visit the company's website at Stay connected by following the company on X, LinkedIn, and Facebook About IBN IBN consists of financial brands introduced to the investment public over the course of 19+ years. With IBN, we have amassed a collective audience of millions of social media followers. These distinctive investor brands aim to fulfill the unique needs of a growing base of client-partners. IBN will continue to expand our branded network of highly influential properties, leveraging the knowledge and energy of specialized teams of experts to serve our increasingly diversified list of clients. Through our Dynamic Brand Portfolio (DBP), IBN provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) Press Release Enhancement to ensure maximum impact; (4) full-scale distribution to a growing social media audience; (5) a full array of corporate communications solutions; and (6) total news coverage solutions. For more information, please visit Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: Forward-Looking Statements This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements. Corporate Communications IBNAustin, OfficeEditor@ in to access your portfolio
Yahoo
09-06-2025
- Business
- Yahoo
Nicola Mining Receives Multi-Year Area Based Exploration Permit for Its Mine-Permitted Treasure Mountain Silver Project
Vancouver, British Columbia--(Newsfile Corp. - June 9, 2025) - Nicola Mining Inc. (TSX: NIM) (OTCQB: HUSIF) (FSE: HLIA) (the "Company" or "Nicola") is pleased to announce that it has received a multi-year area-based exploration permit, Permit Number MX-15-121 (the "MYAB Permit") on June 4th, 2025. The MYAB Permit allows Nicola to conduct extensive exploration on its wholly owned Treasure Mountain Silver Project1 (the "Treasure Mountain"), a fully permitted silver mine (Permit 239) located 30 km northeast of Hope and about a 3-hour drive from Vancouver, British Columbia (Fig. 1). Figure 1. Treasure Mountain locationTo view an enhanced version of this graphic, please visit: Receipt of the MYAB Permit, follows the Company's August 30th, 2024, announcement that it had received a ten-year mining lease extension (the "Extension") for Treasure Mountain2 under its M-239 permit. The Extension is valid through April 26, 2032, and receipt of the MYAB Permit positions the Company to leverage both mining and exploration options. Treasure Mountain consists of an historic underground silver mine with a resource estimate in accordance with CIM definition standards3 and exploration upside to the north and west of the historic mine. The MB Zone is approximately 800 m northwest of the current mine workings on undrilled northern flank of the mountain. The Cal Vein was discovered at this location in 2010 and return a surface sample grading as high as 9,221g/t Ag, 1.02% Cu, 1.14% Pb and 1.03% Zn4. Subsequent soil sampling was conducted in 2011/2012 and 2013 with encouraging results.5 Small exploration programs conducted between 2019 and 2021 on the northwestern side of the mountain included soil sampling, rock sampling, mapping, and shallow drilling campaigns. These programs successfully identified a 2 km soil anomaly which appears to be related to a vein system of roughly the same strike length. Drill testing of the exposed vein confirmed continuity of mineralization coincidental with the soil anomaly.6 The MYAB Permit allows the Company to carry out the following exploration activities over the next five years in the areas shown below (Fig. 2): 30 drill holes 1,400 m of trenching 4,500 m of trail building 20 km of geophysical surveys with exposed electrodes To view an enhanced version of this graphic, please visit: Figure 2. Site map with MYAB Permit boundaries Peter Espig, CEO of Nicola Mining Inc., commented, "Receipt of the MYAB under Permit Number MX-15-121 coupled with our recently received ten-year mine life extension under Permit M-239, puts Nicola into an envious position as the confluence of mine and exploration potential brings forth a project that most investors have forgotten. Bolstered by solid silver prices and with permits in hand, we are very excited about its potential and look forward to exploring our Treasure Mountain Project for the first time in over a decade" Qualified PersonWilliam Whitty, P. Geo., the Company's VP Exploration, is the Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects and supervised the preparation of, and has reviewed and approved the technical information in this release. About Nicola MiningNicola Mining Inc. is a junior mining company listed on the TSX-V 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 BC-based 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 property that hosts historic high-grade copper mineralization and covers an area of over 10,800 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. On behalf of the Board of Directors "Peter Espig" Peter EspigCEO & Director For additional information Contact: Peter EspigPhone: (778) 385-1213 Email: info@ Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 1 Treasure Mountain Silver Project / Mine: Link2 August 30, 2024, News: Link3 Ostensoe, E. A., Giroux, G. H. and Beaton, A. J., 2009, Technical Report, Resource Estimation, Mining and Reclamation Plan and Economic Evaluation, Treasure Mountain Property, Tulameen River Area, B. C., Canada.4 August 25, 2010, News: Link5 October 7, 2013, News: Link6 Assessment Report for 2021 Exploration To view the source version of this press release, please visit
