Nicola Mining Completes First Drilling Program at Treasure Mountain's MB Zone

• Nicola Mining's rock and gravel extraction agreement with Lower Nicola Site Services at Craigmont Mine will remain effective until March 3, 2033.
• The extension preserves exclusive extraction rights for Lower Nicola Site Services, with Nicola receiving a per-tonne royalty.
• The 2026 diamond drilling program at Treasure Mountain's previously undrilled MB Zone concluded with four holes totaling approximately 800 meters.
• Core sampling is underway ahead of laboratory analysis; preliminary visual observations identified intense sulfide mineralization but do not substitute for assay results.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nicola Mining Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001062993-26-005354), on October 15, 2026, and is solely responsible for the information contained therein.