Nicola reported the results of an independent underground inspection at its 100%-owned Treasure Mountain silver-lead-zinc mine, as it targets a restart in 2027.
After ~13 years in care and maintenance, the mine was found in better condition than expected, with both portals accessible.
The inspection found no conditions preventing advancement and flagged a historical muck pile near the Level 1 portal that Nicola will sample as a potential source of near-term mill feed.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
NIM: Reopens Treasure Mountain Mine; Operations to Start in 2027