Nicola Mining reopens Treasure Mountain Silver Mine portals, targets 2027 restart
Bitget2026/09/18 10:03Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Nicola Mining reopened Portals 1 and 2 at the Treasure Mountain silver-lead-zinc mine in British Columbia to support a 2027 restart.
- An independent July 27, 2026 underground inspection found workings in better condition than expected following about 13 years of inactivity.
- Both portals remained accessible; no flooded sections or major collapse zones were encountered in inspected areas; ventilation was functioning.
- Rehabilitation is expected, with localized work flagged near the Portal 2 entrance before systems are recommissioned.
- Next steps include geotechnical work, rehabilitation planning, surveying, then mine planning to prioritize areas for renewed extraction.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nicola Mining Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001062993-26-005006), on September 18, 2026, and is solely responsible for the information contained therein.
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