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BRIEF-Nicola Mining announces long-term mining, milling profit share deal with Gavin Mines

Published 2017-04-06, 12:39 p/m
© Reuters.  BRIEF-Nicola Mining announces long-term mining, milling profit share deal with Gavin Mines

April 6 (Reuters) - Nicola Mining Inc NIM.V :

* Nicola Mining enters into long-term Mining and Milling Profit Share Agreement and receives final payment for 289.381 dry metric tonnes concentrate

* Entered into a long-term Mining and Milling Profit Share Agreement with Gavin Mines Inc

* Four-year LT Agreement will focus on material mined from Gavin Mine's dome mountain and replaces and supersedes original 2016 agreement

* Under agreement Gavin Mines agreed to ship up to 40,000 tonnes of mill feed per year to co's mill facility near Merritt, British Columbia Source text for Eikon: Further company coverage: NIM.V

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