Monday, June 23, 2025
Mark Reichman, Managing Director, Equity Research Analyst, Natural Resources, Noble Capital Markets, Inc.
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New Craigmont drilling program. Nicola Mining (TSX.V: NIM, OTCQB: HUSIF) has commenced the 2025 exploration and diamond drilling program at its New Craigmont Copper Project, which will entail 4,000 to 5,000 meters of drilling. The program is expected to run from June through September and cost $1.5 million to $2.0 million. The purpose of the 2025 program is to collect geological data for target development for a potential porphyry copper system at New Craigmont.
Identifying targets using artificial intelligence. In collaboration with ALS Geoanalytics (formerly ALS GoldSpot), five priority targets, three of which are included in the 2025 program, were identified using artificial intelligence (AI)-based methods to analyze and correlate geophysical and geochemical data from Nicola’s exploration data. The collaboration harnesses the power of AI to identify high-potential targets which could increase the probability of successful outcomes.
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