Nicola Mining’s 840m Jotun Drill Hole Yields Native Copper, 1,436km Survey Completed
NICM•Nicola Mining’s inaugural 840m drill hole at the Jotun target within New Craigmont intersected hornblende diorite with propylitic, sericitic and potassic alteration, plus visible native copper along fault zones. The company also completed a 1,436-line-km Mobile MT survey and extensive soil geochemistry over the Draken target.
1. Jotun Target Drill Results
Nicola Mining completed its first drill hole, JT-26-001, to a depth of 840 metres at the newly identified Jotun target. The hole encountered hornblende diorite with varying propylitic, sericitic and potassic alteration over significant vertical intervals, multiple fault zones with clay gouge, and visible native copper along fractures, confirming porphyry-style mineralizing processes.
2. Airborne MT Geophysical Survey
The company executed a Mobile Magnetotelluric survey covering approximately 1,436 line-kilometres at New Craigmont. This high-resolution geophysical dataset improves subsurface imaging of resistivity features, allowing Nicola to refine its porphyry target framework and focus future drill locations beneath cover.
3. Draken Target Soil Geochemistry
Nicola conducted a Mobile Metal Ion soil sampling program over the Draken target area, extending previous surveys with enhanced sensitivity to sulphide mineralization. The MMI methodology generated geochemical anomalies that will be integrated with geological and geophysical data to prioritize surface and drill targets.
4. 2027 Exploration Outlook
Integration of 2026 drilling, MT geophysics and soil geochemistry will guide an aggressive, focused 2027 drill campaign. Nicola plans to refine its district-scale model, leverage fault-controlled mineralization insights and define high-priority porphyry targets for follow-up drilling next year.
