Nicola Mining Inc. (TSX.V: NIM) (OTCQB: HUSIF) Extends $2 Million Credit Line to Support Gold Production, Key Partners
The credit facility provides Blue Lagoon access to C$2 million over a 12-month term and underlies Nicola’s confidence in the project’s near-term production trajectory. Nicola CEO praised Blue Lagoon’s disciplined execution, noting the company’s thorough permitting navigation and strong community engagement. This move exemplifies Nicola’s strategic model, which links its Merritt milling infrastructure and tailings facility to nearby projects. Nicola Mining (TSX.V: NIM) (OTCQB: HUSIF) has taken a significant step in fostering industry collaboration and bolstering regional gold development with its announcement of a $2 million line of credit to strategic partner Blue Lagoon Resources Inc. The move reflects Nicola’s…