Nicola Mining Enters Into Long-Term Mining and Milling Profit Share Agreement and Receives Final Payment for 289.381 Dry Metric Tonnes Concentrate

VANCOUVER, BROTISH COLUMBIA--(Marketwired - April 6, 2017) - Nicola Mining Inc. (the "Company" or "Nicola") (TSX VENTURE:NIM) is pleased to announce that it has entered into a long-term Mining and Milling Profit Share Agreement ("LT Agreement") with Gavin Mines Inc. ("Gavin Mines"). On May 31, 2016, the Company announced that it had entered into a Milling and Profit Share Agreement with Gavin Mines. The Company subsequently announced that it had commenced milling operations on June 16, 2016. Under the original Milling and Profit Share Agreement Gavin Mines shipped approximately 5,700 tonnes of stockpile material that the Company processed and produced approximately 47,193 grams Au (1,517.3 troy ounces) and 249,628 grams Ag (8,025.7 troy ounces). Gross proceeds for the stockpile material was approximately USD $1,706,711.