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Nicola Mining raising $3.0 million for B.C. mill expansion – Resource World Magazine
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Nicola Mining raising $3.0 million for B.C. mill expansion – Resource World Magazine
Nicola Mining Inc. [NIM-TSXV] has upsized a previously announced non-brokered private placement that is now expected to raise $3.0 million, up from an earlier $1.0 million target. The company said it may use to proceeds to expand the processing capacity of its Merritt, B.C. mill to 500 tonnes per day by purchasing and installing equipment that includes a secondary ball mill, supplementary cleaner flotation cells, and associated pumping infrastruc
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