Nine Mile Metals Announces (7) New High Priority TDEM VMS Drill Targets at the West Wedge and Tribag Zones
Nine Mile Metals (VMSXF) has identified seven new high-priority TDEM VMS drill targets at the Tribag and West Wedge zones through a Time Domain Electromagnetic Survey conducted by EarthEx Geophysical Solutions. The survey covered 17.4-line kilometers, revealing significant conductors along the same magnetic trend as the historic Wedge Mine.
Previous mineral occurrences in the area have shown promising results, with surface samples at Tribag returning 12.6% Zn, 7.22% Pb, and 0.53% Cu. Historic drilling at West Wedge reported assays up to 0.78% Cu, 5.35% Pb, 12.9% Zn, 70.62 g/tonne Ag, and 1.37 g/tonne Au over 3.75m.
Six of the seven modeled target plates (B1, C1, C2, C3, C4, and D1) are at modest depths of 300-450m, while plate A1 is larger and deeper. The company plans to prioritize these targets for a Spring 2025 drilling program.
Nine Mile Metals (VMSXF) ha identificato sette nuovi obiettivi di perforazione TDEM VMS ad alta priorità nelle zone Tribag e West Wedge attraverso un'indagine elettromagnetica nel dominio del tempo condotta da EarthEx Geophysical Solutions. L'indagine ha coperto 17.4 chilometri lineari, rivelando conduttori significativi lungo la stessa tendenza magnetica della storica Miniera Wedge.
Le precedenti occorrenze minerali nell'area hanno mostrato risultati promettenti, con campioni di superficie a Tribag che hanno restituito il 12.6% di Zn, il 7.22% di Pb e lo 0.53% di Cu. La perforazione storica al West Wedge ha riportato analisi fino allo 0.78% di Cu, 5.35% di Pb, 12.9% di Zn, 70.62 g/tonnellata di Ag e 1.37 g/tonnellata di Au su 3.75m.
Sei delle sette piastre target modellate (B1, C1, C2, C3, C4 e D1) si trovano a profondità modeste di 300-450m, mentre la piastra A1 è più grande e profonda. L'azienda prevede di dare priorità a questi obiettivi per un programma di perforazione nella Primavera 2025.
Nine Mile Metals (VMSXF) ha identificado siete nuevos objetivos de perforación TDEM VMS de alta prioridad en las zonas de Tribag y West Wedge a través de un estudio electromagnético en el dominio del tiempo realizado por EarthEx Geophysical Solutions. El estudio abarcó 17.4 kilómetros lineales, revelando conductores significativos a lo largo de la misma tendencia magnética que la histórica Mina Wedge.
Las ocurrencias minerales anteriores en el área han mostrado resultados prometedores, con muestras superficiales en Tribag que retornan 12.6% de Zn, 7.22% de Pb y 0.53% de Cu. La perforación histórica en West Wedge informó análisis de hasta 0.78% de Cu, 5.35% de Pb, 12.9% de Zn, 70.62 g/tonelada de Ag y 1.37 g/tonelada de Au en 3.75m.
Seis de las siete placas objetivo modeladas (B1, C1, C2, C3, C4 y D1) están a profundidades modestas de 300-450m, mientras que la placa A1 es más grande y profunda. La empresa planea priorizar estos objetivos para un programa de perforación en la Primavera de 2025.
Nine Mile Metals (VMSXF)는 EarthEx Geophysical Solutions가 수행한 시간 영역 전자기 조사(Time Domain Electromagnetic Survey)를 통해 Tribag 및 West Wedge 구역에서 7개의 새로운 고우선 TDEM VMS 굴착 목표를 식별했습니다. 이 조사는 17.4킬로미터 구간을 포함하여, 역사적인 Wedge 광산과 동일한 자기 경향을 따라 중요한 전도체를 드러냈습니다.
이 지역의 이전 광물 발생은 유망한 결과를 보여주었고, Tribag의 표면 샘플에서 12.6% Zn, 7.22% Pb, 0.53% Cu가 나타났습니다. West Wedge에서의 역사적 굴착은 3.75m에서 Cu 0.78%, Pb 5.35%, Zn 12.9%, Ag 70.62 g/톤, Au 1.37 g/톤의 분석 결과를 보고했습니다.
모델링된 7개의 목표판 중 6개(B1, C1, C2, C3, C4, D1)는 300-450m의 적당한 깊이에 위치하고 있으며, A1은 더 크고 깊습니다. 회사는 2025년 봄에 이 목표들을 우선적으로 굴착할 계획입니다.
Nine Mile Metals (VMSXF) a identifié sept nouveaux cibles de forage TDEM VMS à haute priorité dans les zones Tribag et West Wedge grâce à une enquête électromagnétique dans le domaine du temps effectuée par EarthEx Geophysical Solutions. L'enquête a couvert 17,4 kilomètres linéaires, révélant des conducteurs significatifs le long de la même tendance magnétique que la mine historique Wedge.
Les occurrences minérales antérieures dans la région ont montré des résultats prometteurs, avec des échantillons de surface à Tribag retournant 12,6 % de Zn, 7,22 % de Pb et 0,53 % de Cu. Les forages historiques à West Wedge ont rapporté des analyses allant jusqu'à 0,78 % de Cu, 5,35 % de Pb, 12,9 % de Zn, 70,62 g/tonne d'Ag et 1,37 g/tonne d'Au sur 3,75m.
Six des sept plaques cibles modélisées (B1, C1, C2, C3, C4 et D1) se trouvent à des profondeurs modestes de 300-450m, tandis que la plaque A1 est plus grande et plus profonde. La société prévoit de prioriser ces cibles pour un programme de forage au printemps 2025.
Nine Mile Metals (VMSXF) hat sieben neue hochpriorisierte TDEM VMS Bohrziele in den Zonen Tribag und West Wedge durch eine zeitdomänenelektromagnetische Untersuchung, die von EarthEx Geophysical Solutions durchgeführt wurde, identifiziert. Die Untersuchung umfasste 17,4 Kilometer und offenbarte signifikante Leiter entlang derselben magnetischen Linie wie die historische Wedge Mine.
Frühere mineralische Vorkommen in der Region haben vielversprechende Ergebnisse gezeigt, wobei Oberflächenproben in Tribag 12,6% Zn, 7,22% Pb und 0,53% Cu zurückbrachten. Historische Bohrungen bei West Wedge berichteten von Analysen von bis zu 0,78% Cu, 5,35% Pb, 12,9% Zn, 70,62 g/Tonne Ag und 1,37 g/Tonne Au über 3,75m.
Sechs der sieben modellierten Zielplatten (B1, C1, C2, C3, C4 und D1) liegen in bescheidenen Tiefen von 300-450m, während die Platte A1 größer und tiefer ist. Das Unternehmen plant, diese Ziele für ein Bohrprogramm im Frühjahr 2025 zu priorisieren.
- Discovery of 7 new high-priority TDEM VMS drill targets
- Historical high-grade mineralization confirmed at Tribag (12.6% Zn, 7.22% Pb, 0.53% Cu)
- Previous drilling at West Wedge showed significant polymetallic grades
- Target plates correlate with Late Time Conductor Axis Analysis
- Targets are at accessible drilling depths (300-450m)
- None.
Vancouver, British Columbia--(Newsfile Corp. - January 6, 2025) - NINE MILE METALS LTD. (CSE: NINE) (OTC Pink: VMSXF) (FSE: KQ9) (the "Company" or "Nine Mile") is pleased to provide an update on its Wedge Time Domain Electromagnetic Survey conducted by EarthEx Geophysical Solutions Inc. (EEX) over the Tribag and West Wedge VMS Zone Areas. Previously in 2022, EEX had reprocessed the legacy MegaTEM and Aerodat airborne data, the late time conductance defining a total of (11) Priority VMS Trends in the company's Western Portfolio. Priority target 1 overlies the Wedge Mine and while priority target 2 is an extension of 1. Approximately 3.0 kilometers northwest of the Wedge Mine are priority Targets 3 and 4 which directly correspond to the Tribag (Pb / Zn) and West Wedge (Cu - Pb - Zn) VMS mineral occurrences while target 7 is approximately 6 kilometers northwest of the Wedge along the same (Wedge VMS Trend). The overall extent of the Wedge VMS Trend is approximately 6.5 kilometers. Two lines were also surveyed over Target 6 north of the Wedge and near the southern terminus of the California Lake East VMS Trend (Target 8) drilled in 2022 (Figure 1) where 8 drill holes confirmed VMS mineralization with drill intersections up to 19m in width.
Figure 1: BMC Western Portfolio Projects
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Gary Lohman, Director, P.Geo., VP Exploration, stated, "The size, extent and location of the target plates is very encouraging especially since mineralization is already present above these target plates at Tribag in both drill hole and at surface. With only a third of the extensive Wedge VMS trend surveyed, the team looks forward to not only drilling these priority targets, but also working along the trend to infill the gap between the Wedge mine area, Tribag and further north towards Target 7 in 2025."
Figure 2: Wedge TDEM Survey Grid over Remanent Magnetic Intensity (RMI), covering Targets areas (3-4-6-7)
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A total of 17.4-line kilometers of Time Domain Electromagnetics (TDEM) were surveyed by EEX, the "Maxwell Plate" modeled results of the strong conductors defining an outstanding cluster of 7 individual targets associated with the Tribag and West Wedge VMS mineral occurrences. The modeled plates are along the same magnetic trend as the historic Wedge Mine.
At the Tribag, (Figure 1: Target 4) mineralization occurs both, in previous shallow drill holes and at surface, a grab sample from trench LF17-11 returning
A total of 7 individual target plates were modeled from the TDEM data with 6 (B1, C1, C2, C3, C4 and D1) shown on Figure 3. Plate A1 is large and at depth, its size suggests a regional, stratigraphic, or structural feature (Figure 4). That has yet to be determined.
As shown on Figures 3 and 4, there are 7 modeled target plates clustered adjacent to the Tribag - West Wedge VMS occurrences, and except for A1, all are at modest depths (300-450m) . Another striking feature is their size relative to the mineralized plates defined at the Wedge. These correlate positively with the entire Late Time Conductor Axis Analysis, including the Wedge Mine itself.
Figure 3: Plan View, Mineral Occurrences, Survey Grid and Modeled Target Plates over the RMI.
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Figure 4: Looking West, Target Plates (A1, B1, C1, C2, C3, C4 and D1.)
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Patrick J Cruickshank, CEO & Director, stated, "we are very excited with the analytical deliverables from EarthEX on the important Wedge Trend in our western portfolio. The fact that the previously identified strong late-time conductor axis correlates perfectly with the TDEM Survey results and has identified 7 Maxwell Plate targets is outstanding. Many of the VMS deposits identified in the BMC occur in clusters. A perfect example mentioned previously are the HalfMile, Stratmat & Heath Steele deposits. The fact that there is VMS mineralization in previous work above these deeper targets is also very encouraging. These targets will be a Spring 2025 priority drill program as soon as access is possible. Included in that designed program will be additional drill holes in the western Wedge Mine area, testing the deeper, unmined portions of the known deposit and additional new untested western extension areas identified. This project is still a highly valued priority for Nine Mile especially on the heels of our highly successful eastern extension confirmation where drill hole WD-24-02 intersected three mineralized zones spanning from 36.74m to 173.05m. This 136.31m width assayed
The disclosure of technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") and reviewed and approved by Gary Lohman, B.Sc., PGO., VP Exploration and Director who acts as the Company's Qualified Person, and is not independent of the Company.
About Nine Mile Metals Ltd.:
Nine Mile Metals Ltd. is a Canadian public mineral exploration Company focused on Critical Minerals VMS (Cu, Pb, Zn, Ag and Au) exploration in the renowned Bathurst Mining Camp (BMC), located in New Brunswick, Canada. The Company's primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS Project, California Lake VMS Project, the Canoe Landing Lake (East - West) VMS Project, and the Wedge VMS Project. The Company is focused on Critical Minerals Exploration, positioning itself for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge on Gold.
ON BEHALF OF NINE MILE METALS LTD.
"Patrick J. Cruickshank, MBA"
CEO and Director
T: 506-804-6117
E: patrick@ninemilemetals.com
Forward-Looking Information:
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-Looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as "will," "may," "would," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "could" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-Looking statements in this press release include that (a) these targets will be a Spring 2025 priority drill program as soon as access is possible. Included in that designed program will be additional drill holes in the western Wedge Mine area, testing the deeper, unmined portions of the known deposit and additional new untested western extension areas identified, (b) with only a third of the extensive Wedge VMS trend surveyed, the team looks forward to not only drilling these priority targets, but also working along the trend to infill the gap between the Wedge mine area, Tribag and further north towards Target 7 in 2025, and (c) we look forward to updating our recently completed California Lake South Drill Hole with its BHEM Survey and our Nine Mile Brook Project Bulk Sample update. Although Nine Mile believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Nine Mile can give no assurance that they will prove to be correct.
The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/236112
FAQ
What are the new TDEM VMS drill targets discovered by Nine Mile Metals (VMSXF)?
What were the historical mineral grades at the Tribag and West Wedge zones for VMSXF?
When will Nine Mile Metals (VMSXF) begin drilling the new targets?
What is the extent of the Wedge VMS Trend where VMSXF's targets are located?
