Pits & Quarries
Nicola gets green light to begin quarrying for B.C. highway repairs
May 3, 2022 By Don Horne
Nicola Mining Inc. announced that it successfully received a Notice of Departure at the New Craigmont Project from the Ministry of Energy, Mines and Low Carbon Innovation for its M-68 Permit, allowing for the extraction of up to 3.0 million tonnes of inert available rock material that may be used for the infrastructure reconstruction efforts at a production rate of approximately 1,500 tonnes per day.
“The opportunity to work with LNSS on our rock quarry represents much more than a new revenue stream; it highlights our community relations initiatives and allows communities to benefit from our efforts. Currently, we are in the process of applying for a gravel quarry permit, which will further augment our revenues and benefit communities,” says Peter Espig, Chief Executive Officer, Nicola Mining.
The material supplied from the company’s quarry is expected to aid MOTI in its repairing of the Trans-Canada Highway, Highway 99, Highway 7, Highway 3, Highway 5, and Highway 8, which were damaged by the flooding events that occurred in November of 2021.
Nicola is to receive a per tonne royalty for extracted material.
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