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BRIEF-Nicola Mining enters into gold profit share agreement with AMA Gold Exploration

Published 2017-11-08, 09:19 a/m
Updated 2017-11-08, 09:20 a/m
© Reuters.  BRIEF-Nicola Mining enters into gold profit share agreement with AMA Gold Exploration

Nov 8 (Reuters) - Nicola Mining Inc NIM.V -

* Nicola Mining Inc. enters into gold profit share agreement with AMA Gold Exploration Ltd.

* Nicola Mining Inc - under AMA agreement, miner plans to ship mill feed containing a minimum grade of 12.44 (0.4 oz.) grams per tonne gold

* Nicola Mining - under AMA agreement, miner will control revenues for sale of gold and silver concentrate and reimburse cost associated with production

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