Nicola Mining Inc. announced that it has received assay results from all 14 portable drill holes. These drill holes tested the recently identified 1.2 km mineralized trend during Phase One of the 2020 Program1 at its wholly owned Treasure Mountain Property, a fully-permitted high grade silver mine located approximately 90 minutes to its Craigmont Mill. The drilling was done at five locations along the approximately 1.2 km mineralized trend. These results are the first known drill results along this structure. These demonstrate this vein system contains silver, trace gold and copper. Several historic mine adits were identified proximal to some of the outcrop vein exposures, but the extent and age of these workings is unknown. Despite the narrow vein widths intersected in this drilling, the apparent strike length is significant. The results from the drilling are interpreted to be the source of the soil anomaly defining a potential 1.2km mineralized trend, identified in the 2019 and 2020 Phase One Soil Programs. Additionally, the soil anomaly extends 700m along a more west-east trend within the Paysayten Group, where no mineralized outcrop has been identified. The Company is awaiting assay results from the Phase Two program which comprised of an additional 168 soil samples, extending the soil grid east. Nicola Mining applies a thorough quality assurance/quality control (QA/QC) program at the Project, which is compliant with industry best practices. Trained personnel collected and logged drill core according to lithology, alteration, and mineralization. The drill core was photographed prior to being sampled. Suitable certified reference material is inserted into sample batches, which are submitted to the Actlabs (ISO 17025 Certified) in Kamloops, British Columbia. All results included in this release have passed the QA/QC procedures. There are no known factors that could materially affect the reliability of data collected and verified.