Nicola Mining's Craigmont deposit redefined as porphyry-linked skarn system
Nicola Mining Inc. has updated its understanding of the Craigmont deposit after a recent scientific study. The research, conducted at the University of British Columbia, reclassifies the site as a porphyry-linked skarn system. This shift provides clearer direction for the company's upcoming exploration work in British Columbia. The findings come from an M.Sc. thesis that analysed the New Craigmont copper project. The study highlights geochemical and alteration patterns pointing to a nearby porphyry centre. Such deposits are typically large-scale and lower-grade but can contain substantial copper resources.
The Craigmont property spans 10,913 hectares along the southern edge of the Guichon Batholith. It sits next to Highland Valley Copper, currently Canada's largest copper mine. The thesis results help the company focus its efforts on two key zones: West Craigmont and areas east of the historical mine. By redefining the deposit type, Nicola Mining gains a stronger exploration model. The scientific backing allows for more targeted investigations, reducing guesswork in field operations. The full press release detailing the thesis is available at https://ibn.fm/h970R, while further company updates can be found at https://ibn.fm/HUSIF.
The updated geological model gives Nicola Mining a sharper focus for its next phase of exploration. With priority zones now identified, the company aims to streamline its search for copper resources. The research also reinforces the potential of the New Craigmont project within a proven mining district.