Nicola Mining Receives Positive Silver and Gold Initial Assay Results from Red Eye Project
Nicola Mining reported initial assay results from stockpiles at the Red Eye Project, showing a weighted average grade of 2.83 grams per tonne gold and 753.41 grams per tonne silver. The samples totaled 47.82 kilograms from two piles estimated at 1,500 tonnes combined, though the company noted that buried material was not sampled and more material was added to the piles post-sampling.
Key figures
- Total sample weight kg
- 47.82
- Ag grade weighted avg g t
- 753.41
- Au grade weighted avg g t
- 2.83
- Large stockpile estimated tonnes
- 1200
- Small stockpile estimated tonnes
- 300
AI analysis
Red flags3 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.