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Nicola Mining extends key gravel extraction deal to 2033, advances silver exploration at Treasure Mountain.

Company Fundamentals
08 Oct 2026
Newsfile Corp
View Source
Bullish
Nicola Mining extends key gravel extraction deal to 2033, advances silver exploration at Treasure Mountain.

Nicola Mining has extended its agreement with Lower Nicola Site Services Ltd. to extract gravel and rock from the Craigmont Mine Site until 2033, ensuring continued collaboration and economic participation with the Indigenous partner. The company also completed its first diamond drill program at the Treasure Mountain Silver Project, marking a milestone in exploring a previously undrilled area. Assay results from this program will soon be released, providing important data to refine the geological model and assess the mineral potential. These developments support Nicola's long-term growth and community engagement strategies.

Nicola Mining's recent operational updates come as the Basic Materials sector on Pluang shows mixed performance. For readers following Basic Materials, here is Pluang's market snapshot as of Oct 08, 2026 19:04 WIB: breadth was 18 gainers and 42 losers among 62 priced US stocks. Notable prices include Steel Dynamics Inc. (STLD) at USD 234.09 with a 1-day change of -1.71%, Hudbay Minerals Inc. (HBM) at USD 25.43 down 1.70%, and BHP Billiton Limited (BHP) at USD 83.86 down 1.60%, with a typical hold time on Pluang of 142 days and order activity fully on the buy side.

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