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Nicola Mining Inc. announced initial assay results from two mill feed stockpiles originating from Red Eye Resources…
HUSIFNicola Mining Inc.
Nicola Mining Inc. announced initial assay results from two mill feed stockpiles originating from Red Eye Resources Ltd., following a profit share agreement dated August 17, 2026. The company sampled 47.82 kilograms of material from piles totaling approximately 1,500 tonnes. Results indicate an overall weighted average grade of 2.83 grams per tonne gold and 753.41 grams per tonne silver. Nicola will proceed with laboratory simulations to maximize recovery before deciding whether to process the material at its Merritt Mill facility. The company operates in the mining industry, owning a fully permitted mill and tailings facility near Merritt, British Columbia, which processes gold and silver.