02:21 PM EDT, 09/08/2025 (MT Newswires) -- Nicola Mining ( HUSIF ) up 5.2% on last look, on Monday said it began shipping gold concentrate in partnership with Talisker Resources ( TSKFF ) .

The two parties sold 707 ounces of gold in August, generating gross proceeds of US$2.3 million.

Production benefited from extensive upgrades that included automation of several aspects of concentrate production, for the purpose of flotation recovery, a statement said. Nicola's installation of a large concentrator also optimized free gold recovery.

"The culmination of our continuous multiple mill facility upgrades is the solidification of Nicola becoming a producer that is poised to benefit from gold and silver prices," said chief executive Peter Espig. "The company continues to conduct work at its 100% of Treasure Mountain, a high-grade silver mine for which the mill was originally constructed."

Nicola Mining ( HUSIF ) was last seen up $0.04 to $0.81 on the TSX Venture Exchange.

Price: 0.81, Change: +0.04, Percent Change: +5.19