Nicola Mining in ‘Envious Position’ for First Treasure Mountain Exploration in Decade

Jul 17, 2025

We caught up with Peter Espig, CEO of Nicola Mining (TSXV: NIM | FSE: HLIA | OTCQB: HUSIF) to understand how dual permits (10-year mining lease extension plus 5-year exploration permit) positions Nicola in an “envious position” to systematically explore high-grade surface samples showing up to 9,221 g/t silver, while the company simultaneously ramps up gold and silver production at their Craigmont operations with multiple projects coming online throughout 2025.

Inside Nicola Mining’s Growth in Gold, Silver, and Copper – with CEO Peter Espig

In this episode, Peter Espig, CEO and President of Nicola Mining, elaborates on the company’s dynamic ventures. Currently transitioning a gold asset into production, Nicola Mining is set to begin operations with their partner Talisker. The company is also initiating exploration on projects involving a very high grade copper mine and a significant silver project. Espig discusses the promising prospects of the Treasure Mountain Project and the impact of mining permits on their operations. In addition to insights into the Dominion Creek and new Craigmont projects, Espig highlights the company’s financial philosophy, focusing on cash flow stability to avoid excessive fundraising and dilution. Join us for a comprehensive dive into Nicola Mining’s strategic progress and ambitious exploration plans.

00:00 Introduction to Nicola Mining’s New Ventures

00:43 Interview with CEO Peter Espig

01:10 Current Projects and Developments

02:55 Treasure Mountain Project Overview

21:58 Financial Strategy and Philosophy

25:23 Future Prospects and Investor Information

28:50 Conclusion and Contact Information

https://nicolamining.com/