Nicola Mining Inc.

Nicola provides investors exposure to COPPER, GOLD AND SILVER and is in the process of uplisting to the NASDAQ in Q1 of 2026. Our uplisting is greatly bolstered by hockey-stick style revenue growth in 2026, which will continue into 2027, at which time we expect our Treasure Mountain Silver Mine, to commence full production. As a company, Nicola can be conceptualized as “the Consolidator of high-grade gold and silver projects in British Columbia and the Explorer of Canada’s highest grade major copper mine.”

Management has put together a portfolio of synergistic assets that all work together and secured five mining and milling permits all in the province of British Columbia. Our exposure to gold and silver is via production and our exposure to copper is at our fully permitted New Craigmont Project, located 15 km from Merritt, British Columbia, Canada.

QUICK ASSET SYNAPSE (All Assets are Fully Permitted)

New Craigmont Copper (Mine Permit M-68) New Craigmont Copper Project is the site of North America’s highest grade major copper mine. Incredibly, the Project has zero exploration since 1961, as the mine operated from1962-82, and left ½ billion pounds of copper in-situ after closing due to depressed copper prices. Nicola consolidated ownership in 2015 and has actively been exploring new targets, producing world class skarn results while vectoring towards a porphyry. The 150 sq km project is located adjacent to the largest copper mine in Canadian history (Highland Valley Copper – Tech Resources), on major highways, uses hydro power and has a 650,000 gallon / day water permit.

Currently, there are two exploration objectives: extend known skarn mineralization that was historically mined and vectoring for a (or several) porphyry copper system(s), which is believed to be the source of fluid responsible for the skarn mineralization. A collaborative study with the UBC is ongoing to investigate the presence of a porphyry system on the property; the university will be publishing its research in February 2026.

Merritt Gold and Silver Mill (Permit M-68) Nicola’s wholly owned $35.0 million gold and silver mill is a state-of-the-art processing facility that is the “only site in British Columbia permitted to process material from anywhere in the province.” Not only is it permitted as a mill site, but the Company also owns the land freehold and has converted the property into an Industrial Site.

Key Highlights

• Only facility permitted to process third party gold and silver ores in B.C.
• Prepared to commence gold production in July of 2026 for our Dominion Project, one of the highest grade gold projects in the Americas.
• The state-of-the-art 200 tpd facility will be upgraded to 500 tpd in 2026.
• Longstanding milling & profit share agreements in place with mines ramping to full production.

Nicola spent years garnering a province-wide carte blanche permit and is in the process of executing on a province wide small-project gold and silver roll up platform.

Treasure Mountain Silver Mine: (Permit M-239)
Wholly owned high-grade Ag-Pb-Zn mine with a valid mining permit and significant exploration upside that will be reopened in 2026. The first thing that I executed upon assuming the helm of Nicola and spearheading a turnaround was to place the silver mine into care and maintenance in 2013. At the time silver was C$15 / oz and the Canadian dollar traded at par with the USD – we predicted stronger silver prices in the future so it didn’t make sense to deplete our resource.

Clicking the link above will take you to the site to learn more. We expect huge upside on this commencing this year. ITS TIME TO REOPEN THE MINE

Dominion Gold Project: Free Use Permit 1101145
World class grades that will see us executing on a bulk-sample permitted project to go into production in 2026. Production to commence in July of 2026. In Summary: WE WILL CONTINUE TO EXECUTE ON MILESTONES

2025 Operationally the company executed the following:
1. BC-based gold and silver production commenced in July.
2. Infrastructure began to more than double throughput capacity
3. Commenced high-grade bulk sample at Dominion Creek Gold Project in July of 2025
4. Additional revenues stream from gravel pit, rock quarry and ready-mix cement plant.
5. Successful copper exploration at the Marb-Cas and Draken zones to explore key porphyry targets at depth following a highly successful 2024 drill campaign. (Results Pending)
6. Company received a ten-year mine extension for its Treasure Mountain Property and has applied for a 5-year exploration permit for areas on the northern side of the mine. Reviewed recommencing operations of high-grade silver mine and planned 2026 exploration program.

What’s in store for 2026?
1. Applications and prospectus filed for a NASDAQ listing expected in Q1.
2. One of 10 mining companies selected (out of approximately 500) to be featured in the Core Shack at the Vancouver Resource Investment Conference.
3. Significant increase in revenues with full production at Blue Lagoon Resources; Nicola is the second largest shareholder.
4. Having completed all mine development work, focus shifts to high-grade gold extraction at Dominion, which Nicola currently owns a 75% interest. Post bulk sample, Nicola will own 100%.
5. Currently reviewing high-grade gold acquisition opportunities for 2026.
6. Significant contracts for Highland Valley Expansion Project.
7. Exploring and possibly reopening Treasure Mountain Silver Mine.
8. Completion of 250% mill throughput expansion and amending Permit M-68 to increase throughput.
9. Vector to copper porphyry at New Craigmont Copper Project.