Nicola Mining extends gravel deal, completes Treasure Mountain drilling

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Nicola Mining Announces Extension of Agreement with Lower Nicola Site Services Ltd. and Completion of Drill Exploration for 2026 at Treasure Mountain

October 8, 2026 9:02 AM EDT

Vancouver, British Columbia--(Newsfile Corp. - October 8, 2026) - Nicola Mining Inc. (NASDAQ: NICM) (TSXV: NIM) (FSE: HLIA) (the "Company" or "Nicola") is pleased to announce that Lower Nicola Site Services Ltd. ("LNSS") has exercised its option to extend the Rock and Gravel Extraction and Preferential Engagement Agreement (the "Agreement") originally entered into between Nicola and LNSS in March 2022. The parties have confirmed that the Agreement will now remain in effect until March 3, 2033.

LNSS is an indirectly majority-owned company formed through a partnership between the Lower... More