# Nicola Mining Provides an Update for Ongoing Exploration at Its Flagship New Craigmont Copper Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/nicola-mining-provides-an-update-for-ongoing-exploration-at-its-flagship-new-cra--53adc504-bc4f-4f92-9895-cc6f91dfedb2 Original source: https://money.tmx.com/en/quote/NIM/news/8067126724122321/nicola-mining-provides-an-update-for-ongoing-exploration-at-its-flagship-new-cra Publisher: tmx Original announcement: 2026-02-03T14:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Nicola Mining Inc. - Ticker: NIM - Exchange: TSX - Region: British Columbia - Primary commodity: Copper - Secondary commodities: Molybdenum - Document categories: Drill results - Extracted: 2026-09-14 15:07:17 UTC Narrative sentiment: 0.30 · Bullish ## Minestarters Atlas summary Nicola Mining provided an update on its 2025 exploration program at the New Craigmont Copper Project in British Columbia. Drilling at the Draken target showed visual evidence of a porphyry system, and the MARB target returned a 9.5m copper intercept of 0.39% Cu. Reasoning: The release provides an update on exploration progress, noting visual porphyry indicators and specific copper intercepts, though primary assay results are still pending. - Positive factor: presence of porphyry alteration assemblages - Positive factor: visual identification of chalcopyrite and molybdenite - Positive factor: encouraging copper intercepts at MARB - Negative factor: results pending for multi-element analysis - Negative factor: weak mineralization reported at some targets Facts used in scoring: 10 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release mentions insertion of CRMs, blanks, and duplicates into the sample stream. Evidence · text > Company protocols include the insertion of quality control \(QC\) samples consisting of Certified Reference Materials \(CRMs\), blanks and duplicates ## Extracted facts Stored fact records: 10. Some facts used in scoring do not have a stored record. ## Drill Results (10) ### MB-25-008 [Link to this fact](https://atlas-extractions.minestarters.com/news/nicola-mining-provides-an-update-for-ongoing-exploration-at-its-flagship-new-cra--53adc504-bc4f-4f92-9895-cc6f91dfedb2#fact-drill-facts-0) New Craigmont · copper #### Identity - Hole ID: MB-25-008 - Project: New Craigmont - Commodity: copper - Region: canada\_bc - Reported Region: canada\_bc - Ticker: NIM #### Geometry - Grade: 0.39 - Grade Unit: % - Intercept: 9.5 m - From: 220.5 m - To: 230 m - Intercept Depth: 220.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: MB-25-008:220.5-230 - Mining Method: unknown #### Location - Location: MARB - Loc. Source: document #### QA/QC - Laboratory: AGAT Laboratories Ltd. - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-03T00:00:00.000Z Reasoning: 9.5m at 0.39% Cu is an encouraging intercept for a porphyry target. - Positive factor: encouraging copper intercept Evidence · text > MB-25-008 returning 9.5m of 0.39% Cu from 220.5m to 230.0m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The Company owns 100% of the New Craigmont Project, a property that hosts historic high-grade copper mineralization and " ### MB-25-008 [Link to this fact](https://atlas-extractions.minestarters.com/news/nicola-mining-provides-an-update-for-ongoing-exploration-at-its-flagship-new-cra--53adc504-bc4f-4f92-9895-cc6f91dfedb2#fact-drill-facts-1) New Craigmont · copper #### Identity - Hole ID: MB-25-008 - Project: New Craigmont - Commodity: copper - Region: canada\_bc - Reported Region: canada\_bc - Ticker: NIM #### Geometry - Grade: 0.12 - Grade Unit: % - Intercept: 0.75 m - From: 220.5 m - To: 221.25 m - Intercept Depth: 220.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: MB-25-008:220.5-221.25 - Mining Method: unknown #### Location - Location: MARB - Loc. Source: document #### QA/QC - Laboratory: AGAT Laboratories Ltd. - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-03T00:00:00.000Z Reasoning: Sub-interval of the main intercept. Evidence · table > 0.12 Context: 0.75 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The Company owns 100% of the New Craigmont Project, a property that hosts historic high-grade copper mineralization and " ### MB-25-008 [Link to this fact](https://atlas-extractions.minestarters.com/news/nicola-mining-provides-an-update-for-ongoing-exploration-at-its-flagship-new-cra--53adc504-bc4f-4f92-9895-cc6f91dfedb2#fact-drill-facts-2) New Craigmont · copper #### Identity - Hole ID: MB-25-008 - Project: New Craigmont - Commodity: copper - Region: canada\_bc - Reported Region: canada\_bc - Ticker: NIM #### Geometry - Grade: 0.12 - Grade Unit: % - Intercept: 1.35 m - From: 221.25 m - To: 222.6 m - Intercept Depth: 220.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: MB-25-008:221.25-222.6 - Mining Method: unknown #### Location - Location: MARB - Loc. Source: document #### QA/QC - Laboratory: AGAT Laboratories Ltd. - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-03T00:00:00.000Z Reasoning: Sub-interval of the main intercept. Evidence · table > 0.12 Context: 1.35 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The Company owns 100% of the New Craigmont Project, a property that hosts historic high-grade copper mineralization and " ### MB-25-008 [Link to this fact](https://atlas-extractions.minestarters.com/news/nicola-mining-provides-an-update-for-ongoing-exploration-at-its-flagship-new-cra--53adc504-bc4f-4f92-9895-cc6f91dfedb2#fact-drill-facts-3) New Craigmont · copper #### Identity - Hole ID: MB-25-008 - Project: New Craigmont - Commodity: copper - Region: canada\_bc - Reported Region: canada\_bc - Ticker: NIM #### Geometry - Grade: 0.81 - Grade Unit: % - Intercept: 1.4 m - From: 222.6 m - To: 224 m - Intercept Depth: 220.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: MB-25-008:222.6-224 - Mining Method: unknown #### Location - Location: MARB - Loc. Source: document #### QA/QC - Laboratory: AGAT Laboratories Ltd. - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-03T00:00:00.000Z Reasoning: Higher grade sub-interval within the intercept. - Positive factor: higher grade sub-interval Evidence · table > 0.81 Context: 1.4 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The Company owns 100% of the New Craigmont Project, a property that hosts historic high-grade copper mineralization and " ### MB-25-008 [Link to this fact](https://atlas-extractions.minestarters.com/news/nicola-mining-provides-an-update-for-ongoing-exploration-at-its-flagship-new-cra--53adc504-bc4f-4f92-9895-cc6f91dfedb2#fact-drill-facts-4) New Craigmont · copper #### Identity - Hole ID: MB-25-008 - Project: New Craigmont - Commodity: copper - Region: canada\_bc - Reported Region: canada\_bc - Ticker: NIM #### Geometry - Grade: 0.51 - Grade Unit: % - Intercept: 1 m - From: 224 m - To: 225 m - Intercept Depth: 220.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: MB-25-008:224-225 - Mining Method: unknown #### Location - Location: MARB - Loc. Source: document #### QA/QC - Laboratory: AGAT Laboratories Ltd. - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-03T00:00:00.000Z Reasoning: Sub-interval of the main intercept. Evidence · table > 0.51 Context: 1 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The Company owns 100% of the New Craigmont Project, a property that hosts historic high-grade copper mineralization and " ### MB-25-008 [Link to this fact](https://atlas-extractions.minestarters.com/news/nicola-mining-provides-an-update-for-ongoing-exploration-at-its-flagship-new-cra--53adc504-bc4f-4f92-9895-cc6f91dfedb2#fact-drill-facts-5) New Craigmont · copper #### Identity - Hole ID: MB-25-008 - Project: New Craigmont - Commodity: copper - Region: canada\_bc - Reported Region: canada\_bc - Ticker: NIM #### Geometry - Grade: 0.25 - Grade Unit: % - Intercept: 1 m - From: 225 m - To: 226 m - Intercept Depth: 220.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: MB-25-008:225-226 - Mining Method: unknown #### Location - Location: MARB - Loc. Source: document #### QA/QC - Laboratory: AGAT Laboratories Ltd. - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-03T00:00:00.000Z Reasoning: Sub-interval of the main intercept. Evidence · table > 0.25 Context: 1 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The Company owns 100% of the New Craigmont Project, a property that hosts historic high-grade copper mineralization and " ### MB-25-008 [Link to this fact](https://atlas-extractions.minestarters.com/news/nicola-mining-provides-an-update-for-ongoing-exploration-at-its-flagship-new-cra--53adc504-bc4f-4f92-9895-cc6f91dfedb2#fact-drill-facts-6) New Craigmont · copper #### Identity - Hole ID: MB-25-008 - Project: New Craigmont - Commodity: copper - Region: canada\_bc - Reported Region: canada\_bc - Ticker: NIM #### Geometry - Grade: 0.63 - Grade Unit: % - Intercept: 1 m - From: 226 m - To: 227 m - Intercept Depth: 220.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: MB-25-008:226-227 - Mining Method: unknown #### Location - Location: MARB - Loc. Source: document #### QA/QC - Laboratory: AGAT Laboratories Ltd. - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-03T00:00:00.000Z Reasoning: Sub-interval of the main intercept. Evidence · table > 0.63 Context: 1 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The Company owns 100% of the New Craigmont Project, a property that hosts historic high-grade copper mineralization and " ### MB-25-008 [Link to this fact](https://atlas-extractions.minestarters.com/news/nicola-mining-provides-an-update-for-ongoing-exploration-at-its-flagship-new-cra--53adc504-bc4f-4f92-9895-cc6f91dfedb2#fact-drill-facts-7) New Craigmont · copper #### Identity - Hole ID: MB-25-008 - Project: New Craigmont - Commodity: copper - Region: canada\_bc - Reported Region: canada\_bc - Ticker: NIM #### Geometry - Grade: 0.1 - Grade Unit: % - Intercept: 1 m - From: 227 m - To: 228 m - Intercept Depth: 220.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: MB-25-008:227-228 - Mining Method: unknown #### Location - Location: MARB - Loc. Source: document #### QA/QC - Laboratory: AGAT Laboratories Ltd. - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-03T00:00:00.000Z Reasoning: Low grade sub-interval. Evidence · table > 0.10 Context: 1 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The Company owns 100% of the New Craigmont Project, a property that hosts historic high-grade copper mineralization and " ### MB-25-008 [Link to this fact](https://atlas-extractions.minestarters.com/news/nicola-mining-provides-an-update-for-ongoing-exploration-at-its-flagship-new-cra--53adc504-bc4f-4f92-9895-cc6f91dfedb2#fact-drill-facts-8) New Craigmont · copper #### Identity - Hole ID: MB-25-008 - Project: New Craigmont - Commodity: copper - Region: canada\_bc - Reported Region: canada\_bc - Ticker: NIM #### Geometry - Grade: 0.39 - Grade Unit: % - Intercept: 1 m - From: 228 m - To: 229 m - Intercept Depth: 220.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: MB-25-008:228-229 - Mining Method: unknown #### Location - Location: MARB - Loc. Source: document #### QA/QC - Laboratory: AGAT Laboratories Ltd. - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-03T00:00:00.000Z Reasoning: Sub-interval of the main intercept. Evidence · table > 0.39 Context: 1 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The Company owns 100% of the New Craigmont Project, a property that hosts historic high-grade copper mineralization and " ### MB-25-008 [Link to this fact](https://atlas-extractions.minestarters.com/news/nicola-mining-provides-an-update-for-ongoing-exploration-at-its-flagship-new-cra--53adc504-bc4f-4f92-9895-cc6f91dfedb2#fact-drill-facts-9) New Craigmont · copper #### Identity - Hole ID: MB-25-008 - Project: New Craigmont - Commodity: copper - Region: canada\_bc - Reported Region: canada\_bc - Ticker: NIM #### Geometry - Grade: 0.46 - Grade Unit: % - Intercept: 1 m - From: 229 m - To: 230 m - Intercept Depth: 220.5 m #### Classification - Program: exploration - Sample Type: drill - Group ID: MB-25-008:229-230 - Mining Method: unknown #### Location - Location: MARB - Loc. Source: document #### QA/QC - Laboratory: AGAT Laboratories Ltd. - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-03T00:00:00.000Z Reasoning: Sub-interval of the main intercept. Evidence · table > 0.46 Context: 1 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The Company owns 100% of the New Craigmont Project, a property that hosts historic high-grade copper mineralization and " ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.