Nicola Completes 2026 Mining Campaign at Dominion Gold Project and Delivers Material to Merritt for Processing

(TSXV:NIM) (FSE:HLIA) (OTCQB:HUSIF) Nicola Mining Inc. has completed its 2026 mining campaign at the Dominion Creek Gold Project, which included the shipment of approximately 1,300 tonnes of high-grade mill feed to Merritt, British Columbia for processing. The company expects that material sourced from Dominion Gold and Red Eye Resources, along with mill feed processed under its agreement with Blue Lagoon Resources, will contribute to fourth-quarter revenue. The 2026 mining campaign was initially scheduled to begin in early July but was modestly deferred to mid-July due to the arrival of purchased equipment and additional mine development prompted by the identification of previously unrecognized mineralized veins. Mine development is now complete, and key mining equipment has been mobilized and is operational. Nicola believes Dominion Gold is now positioned to support increased material extraction and potential gold production in 2027. Mining activities in 2026 focused on three mineralized structures: the approximately five-metre-diameter Pit Vein, the approximately 1.5-metre-diameter 16 Vein, and the newly identified 16 East Vein. The late-July deployment of a Traxxon drilling unit mounted on a CAT 336 excavator materially improved extraction efficiency, and this equipment is expected to enhance mining productivity during the 2027 campaign. The identified veins remain open in multiple directions, and the discovery of additional mineralized structures during the 2026 program highlights opportunities for further geological evaluation and potential expansion of future mining activities. CEO Peter Espig stated that the completion of the 2026 Dominion Gold campaign is an important milestone in the company's strategy to translate targeted mineral asset investments into tangible operating activity within a disciplined timeframe. In approximately three years, Nicola has advanced Dominion Gold from acquisition through mine development and bulk-sample extraction. The company intends to evaluate additional acquisition opportunities with a clear pathway to potential monetization within approximately three years, while continuing to advance its exploration portfolio. The Dominion Creek Property comprises nine mineral claims (55 units) covering approximately 1,058 hectares. Noranda Exploration Company Ltd. acquired the property from prospector N. Kencayd in 1986 and conducted geological, geochemical, and geophysical investigations that led to an expanded land position. Between 1987 and 1990, the exploration program included an initial geochemical silt survey of 20 samples and a more extensive soil geochemical survey of 3,399 samples. Noranda also completed 53 shallow diamond drill holes totaling 3,483.86 metres, with an average hole depth of approximately 65.7 metres. Trenching of coincident lead, zinc, copper, silver, and gold soil-geochemical anomalies led to the identification of several mineralized quartz veins. A Technical Report on the Dominion Creek Project was completed by Geospectrum Engineering on August 22, 2003. Nicola Mining owns a fully permitted mill and tailings facility near Merritt, British Columbia, capable of processing gold- and silver-bearing mill feed using gravity and flotation circuits. The company owns 100% of the New Craigmont Project, a copper exploration property encompassing more than 10,800 hectares along the southern margin of the Guichon Batholith, adjacent to Highland Valley Copper. Nicola also holds a 100% interest in the Treasure Mountain Property, comprising 30 mineral claims and a mineral lease over more than 2,200 hectares. Will Whitty, P.Geo., Vice President of Exploration, is the Qualified Person for the company.