Welcome to our dedicated page for Nine Mile Metals news (Ticker: VMSXF), a resource for investors and traders seeking the latest updates and insights on Nine Mile Metals stock.
Nine Mile Metals Ltd. (VMSXF) news centers on its role as a Canadian public mineral exploration company focused on volcanogenic massive sulphide (VMS) deposits in the Bathurst Mining Camp in New Brunswick, Canada. The company’s releases highlight copper-rich and polymetallic mineralization across its four VMS projects: the Wedge VMS Project, Nine Mile Brook VMS Project, California Lake VMS Project, and the Canoe Landing Lake (East–West) VMS Project.
Recent news has been dominated by detailed updates from the Wedge Project, where Nine Mile Metals reports completion of multiple drill holes in a Wedge Western Extension Drill Program and the confirmation of zones of massive copper-bearing sulphides (VMS – Cu-Pb-Zn-Ag-Au). Releases include descriptions of visible chalcopyrite, bornite and covellite in drill core, as well as tables of certified assay results and XRF data showing high-grade copper values from surface and pre-drill sampling programs.
Investors following VMSXF news can also find announcements on drill rig mobilization, exploration planning, and private placement financings that fund drilling and related exploration work on the company’s New Brunswick critical minerals projects. Technical news items describe sampling protocols, analytical methods at laboratories such as ALS Global and Actlabs, and the use of geophysical modeling and downhole geophysics to refine targets.
This news feed is useful for readers tracking how Nine Mile Metals advances its copper-focused and polymetallic VMS exploration programs, interprets new geological data, and allocates capital across its Bathurst Mining Camp projects over time.
Nine Mile Metals (OTC: VMSXF) reported certified assays from drill hole WD-25-02B at the Wedge Mine, Bathurst Mining Camp, dated April 2, 2026. Key intercepts include 15.00 m @ 3.17% CuEq (107.00–122.00 m) and 6.84 m @ 5.99% CuEq (115.16–122.00 m).
The hole returned visible massive copper sulphides with associated Ag and Au, expanded the mineralized footprint to the west, but terminated at 122 m due to a fault and water loss. Phase 3 drilling is planned for May 2026 with BHEM surveys to help target high-grade lenses.
Nine Mile Metals (OTC: VMSXF) reported certified assays from drill hole WD-25-01 at the Wedge Mine, Bathurst Mining Camp on March 12, 2026. Highlights include 3.83% CuEq over 22.65 m and 4.33% CuEq over 17.65 m, including 13.00 m at 1.21 g/t Au and 50.33 g/t Ag. The interval shows peak assays to 1.72 g/t Au and 148 g/t Ag, strong Pb-Zn values (to 13.90% Pb and 19.30% Zn), and a Cu-dominant zone at the base with elevated Co and Bi.
Assays were produced by an independent lab and CuEq uses March 6, 2026 metal prices with 80% recoveries assumed.
Nine Mile Metals (OTC: VMSXF) paid the third anniversary consideration under its February 9, 2023 purchase option for the Wedge Project: a $40,000 CAD cash payment and 300,000 common shares issued. One remaining anniversary on February 2027 requires $50,000 CAD and 400,000 shares to complete the 100% purchase.
The Wedge VMS Project covers 35.83 km2 and hosts multiple targets. Nine Mile completed its Fall 2025 Phase 2 drill program and is releasing certified assays. The company also engaged Generation IACP for market making and issuer services at $8,500 CAD/month for an initial six-month term.
Nine Mile Metals (OTC: VMSXF) has started Phase 1 bulk-sample metallurgical testing on the Nine Mile Brook high-grade VMS lens with SGS Canada and Glencore Canada. The program will ship up to two ~1 tonne representative samples and a 15.10m drill-core interval (DDH NM220004) for crushing, mineralogy, Bond testing, flotation and Glencore IsaMILLTM analysis.
The reported intersection averages 13.71% CuEq over 15.10m; assays include individual meter intervals up to 22.06% CuEq and anomalous indium. Results, recoveries and smelter-path evaluation will follow completion of Phase 1.
Nine Mile Metals (OTC: VMSXF) reported certified assays for drill hole WD-25-02 at the Wedge Mine (Bathurst Mining Camp) dated February 17, 2026. The hole returned 32.10 m @ 2.78% CuEq, including 11.52 m @ 4.78% CuEq and 6.02 m @ 5.64% CuEq, plus high silver and gold (up to 70 g/t Ag, 1.19 g/t Au).
Three distinct VMS horizons were intersected between 138.72–170.82 m; a standout sample returned 6.52% Cu over 1 m. CuEq uses Feb 13, 2026 metal prices and 80% recoveries.
Nine Mile Metals (OTC: VMSXF) reported drillhole WD-25-05 and a 2025 drill program update at the Wedge Project, stating a 44-meter copper-bearing mineralized intercept in the western extension and ~40 meters of mineralized felsic volcanics. The company completed 7 holes totaling 1,654 metres and shipped 57 samples to ALS for rush assay processing. Management said all five western-target holes hit VMS-style mineralization and that BHEM surveying and new permitting will guide an expanded 2026 drill campaign.
Nine Mile Metals (OTC: VMSXF) completed drill hole DDH WD-25-04 to a final depth of 239 m and intersected 40 m of copper-bearing VMS mineralization starting at 158 m. Mineralization includes covellite, bornite, chalcopyrite and pyrite within silicified rhyolite and sheared graphitic sediments, with sulphide bands of 5–8% increasing to 50–60% at 183 m. Core was logged, cut and a 57-sample batch dispatched to ALS Global in Moncton for base and precious metal assays. The company reports an oversubscribed financing that it says supports an extensive 2026–2027 exploration program across four projects.
Nine Mile Metals (OTC: VMSXF) announced certified assay results from surface sampling at the Wedge VMS Project, Bathurst Mining Camp, New Brunswick on December 29, 2025. Highlights include assays up to 15.00% Cu (sample 280460) and copper-equivalent values to 16.64% Cu-Eq. Multiple samples returned >10% Cu and several returned >14% Cu-Eq (samples 280461–280464).
Samples were analyzed by ActLabs using UT-7 fusion methods with ore-grade follow-up and 30g fire assay for gold. Cu-Eq was calculated using December 16, 2025 metal prices and an assumed 80% metallurgical recovery.
Nine Mile Metals (OTC: VMSXF) completed diamond drill hole DDH WD-25-02B at the Wedge western extension on Dec 22, 2025, reaching a final depth of 122 m and intersecting massive copper-bearing VMS mineralization from 56.4 m to 122.0 m (≈66 m). Visible chalcopyrite was reported and XRF screening confirmed strong copper presence. The hole was collared ~60 m northwest of WD-25-01, expanding the mineralized footprint westward. Fault-zone ground conditions forced termination at 122 m; a permit-required follow-up hole from the other side of the fault is planned in Phase 2 (2026).
All core was logged, photographed, cut and sampled; 27 three‑metre sections were shipped to ALS Global (Moncton) for rush assays including base and precious metals and antimony.
Nine Mile Metals (OTC: VMSXF) reported ALS-certified surface assay results from the Wedge VMS Project, Bathurst Mining Camp, New Brunswick on December 17, 2025. Key highlights include maximum CuEq 15.21% (sample 280366) and multiple high-grade samples: 11.28% CuEq (280381), 10.32% CuEq (280376), and 9.82% CuEq (280370).
Historical context: the original Wedge mine produced 1.5 million tonnes of mainly copper ore (1962–1968); company modelling suggests >60% of the deposit remains at depth. Assays were prepared in Moncton and analyzed in Vancouver by ALS Global. CuEq used metal prices dated December 16, 2025, with an 80% assumed recovery.