Nicola Mining has signed a letter of intent (LOI) with privately held High Range Exploration, to earn a 50% stake in the Dominion Creek gold project, 110 km from Prince George in B.C. When paired together with a Strategic Milling and Profit Share Agreement that the two companies signed on Sept. 17, Nicola’s economic interest in Dominion Creek would be 75%.

Nicola plans to complete additional due diligence work before committing to a definitive agreement – the two companies intend to advance the 10.4 sq. km property towards a 10,000-tonne bulk sample permit.