Monitor for assay results from both the Treasure Mountain (silver) and New Craigmont (copper) 2026 drill programs, which management stated will be announced when received. The extended gravel agreement provides a stable but undisclosed revenue base — any disclosure of royalty rates or extraction volumes would be a catalyst.
Price Chart
Executive Summary
Nicola Mining announced a 10-year extension (to March 2033) of its gravel extraction agreement with Lower Nicola Site Services Ltd., securing a long-term royalty stream from the Craigmont Mine Site. The company also completed its first-ever diamond drill program at the Treasure Mountain Silver Project (4 holes, ~800m), with assay results pending. No financial figures, royalty rates, or drill results were disclosed.
Key Facts
- Lower Nicola Site Services Ltd. exercised its option to extend the Rock and Gravel Extraction Agreement through March 3, 2033 (originally entered March 2022).
- Nicola receives a per-tonne royalty for material extracted from the Craigmont Mine Site; no royalty rate or revenue figures were disclosed.
- Completed first-ever diamond drill program at Treasure Mountain Silver Project's MB Zone: 4 holes totaling ~800m.
- Visual examination of drill core identified pyrite, pyrrhotite, and sphalerite mineralization; assay results are pending.
- Company expects to provide a summary of the Treasure Mountain 2026 Exploration Program in the near future.
Financial Impact
Undisclosed — no royalty rate, revenue, or cost figures provided for either the agreement extension or the drill program.
Risk Factors
- No assay results yet — visual mineralization is preliminary and may not translate into economic grades.
- No financial terms disclosed for the extended agreement, making it impossible to quantify revenue impact.
- Junior mining exploration carries inherent execution and financing risk.
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001062993-26-005354 |
| Document: form6k.htm | 0001062993-26-005354 |
| Document: 0001062993-26-005354-index-headers.html | 0001062993-26-005354 |
| Document: 0001062993-26-005354-index.html | 0001062993-26-005354 |
| Document: 0001062993-26-005354.txt | 0001062993-26-005354 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 14, 2026 12d ago | 6-K | $5.30 | awaiting T+20 | — | $4.95 (−6.60%) |
Sep 18, 2026 5w ago | 6-K | $5.99 $5.25 | ▼ −12.30% | ▼ −12.50% | $4.95 (−17.31%) |
Sep 17, 2026 5w ago | 6-K | $5.99 $5.25 | ▼ −12.30% | ▼ −12.50% | $4.95 (−17.31%) |
Aug 31, 2026 8w ago | 6-K | $6.52 $5.56 | ▼ −14.72% | ▼ −14.54% | $4.95 (−24.08%) |
Aug 13, 2026 10w ago | 6-K | $6.02 $5.91 | ▼ −1.83% | ▲ +0.16% | $4.95 (−17.77%) |
Aug 10, 2026 11w ago | 6-K | $6.21 $6.68 | ▲ +7.57% | ▲ +8.48% | $4.95 (−20.29%) |
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