Nicola Mining Starts Exploration Drilling at New Craigmont Copper Project
ByAinvest
Friday, Jun 20, 2025 10:14 am ET1min read
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The exploration targets were identified through collaboration with ALS Geoanalytics, using AI-based methods to analyze geophysical and geochemical data. The 2025 program aims to collect geological data for target development and to understand the potential for a porphyry copper system at the project [1].
Notable among the targets is the Draken area, which features promising porphyry-style alteration and copper oxide minerals. The program will utilize enhanced geochemical data collection methods, including X-ray fluorescence and short-wave infrared data, under the guidance of ALS Geoanalytics [1].
The estimated budget for the 2025 Program is $1.5-2M, and drilling is anticipated to conclude sometime in September. Nicola Mining continues to work with ALS Geoanalytics to refine the program and ensure consistent, high-quality data acquisition [1].
References:
[1] https://www.newsfilecorp.com/release/256097
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Nicola Mining has commenced its 2025 Exploration Diamond Drilling Program at the New Craigmont Copper Project in British Columbia. The program includes 4,000-5,000 meters of diamond drilling at the MARB/CAS, West Craigmont/WP, and two new target areas. The exploration targets were generated through collaboration with ALS Geoanalytics using AI-based methods to analyze geophysical and geochemical data. The program aims to collect geological data for target development and to understand the potential porphyry copper system at the project.
Nicola Mining Inc. (TSX: NIM) has initiated its 2025 Exploration Diamond Drilling Program at the New Craigmont Copper Project near Merritt, British Columbia. The program, which commenced on June 20, 2025, involves 4,000-5,000 meters of diamond drilling across multiple target areas, including MARB/CAS, West Craigmont/WP, and two new targets [1].The exploration targets were identified through collaboration with ALS Geoanalytics, using AI-based methods to analyze geophysical and geochemical data. The 2025 program aims to collect geological data for target development and to understand the potential for a porphyry copper system at the project [1].
Notable among the targets is the Draken area, which features promising porphyry-style alteration and copper oxide minerals. The program will utilize enhanced geochemical data collection methods, including X-ray fluorescence and short-wave infrared data, under the guidance of ALS Geoanalytics [1].
The estimated budget for the 2025 Program is $1.5-2M, and drilling is anticipated to conclude sometime in September. Nicola Mining continues to work with ALS Geoanalytics to refine the program and ensure consistent, high-quality data acquisition [1].
References:
[1] https://www.newsfilecorp.com/release/256097

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