Nine Mile Metals Announces Certified Assays of 0.44% Copper over 136.31m in Drill Hole WD-24-02, Including 1.32% Cu - 8.84 g/t Ag over 40m, at the Wedge Mine, Bathurst, New Brunswick

Rhea-AI Summary

Nine Mile Metals announces certified assays for drill hole WD-24-02 at the Wedge Mine, revealing a new, larger mineralized system with impressive copper, lead, zinc, gold, and silver grades. The Main Copper Zone assays 1.32% Cu, 0.21% Pb, 1.54% Zn, 8.8g/t Ag, and 0.164 g/t Au, showcasing significant mineralization potential. Recent acquisition of Cominco Data confirms unmined subsurface, enhancing exploration prospects for Nine Mile Metals.

Vancouver, British Columbia--(Newsfile Corp. - March 26, 2024) - NINE MILE METALS LTD. (CSE: NINE) (OTCQB: VMSXF) (FSE: KQ9) (the "Company" or "Nine Mile") is pleased to announce it has received certified assays for drill hole WD-24-02 at the Wedge Mine situated in the renowned Bathurst Mining Camp, New Brunswick (BMC).

WD-24-02 HIGHLIGHTS:

• Drill hole WD-24-02 confirms the presence of a new, larger mineralized system at the Wedge VMS Project, intersecting three mineralized zones spanning from 36.74m to 173.05m. This 136.31m width assays 0.44% Cu, 0.07% Pb, 0.54% Zn, 0.06 g/t Au and 3.52 g/t Ag.

• Three zones of visual mineralization were identified: (1) 36.74m-49.90m, (2) 88.90m-110.00m, and (3) 134.00m-174.00m, with the sulphide mineralogy primarily consisting of pyrite and lesser chalcopyrite, sphalerite, and galena.

• The Main Copper Zone occurs between 134.00m and 174.00m, spanning 40.00m and assaying 1.32% Cu, 0.21% Pb, 1.54% Zn, 8.8g/t Ag, and 0.164 g/t Au (refer to Table 1).

• Included in the above main copper zone, 157.65m - 173.05m (15.40m) assayed 2.03% Cu, 0.52% Pb, 3.73% Zn, 0.34 g/t Au, and 20.35 g/t Ag (refer to Table 2).

• The hole was collared on the northeast flank of the historic Wedge Deposit and drilled at an azimuth of 160 degrees and a dip of -50 degrees to a depth of 219.5m.

• Zinc mineralization coincides with copper, with a distinct higher-grade zone intersected at the base of the main copper zone.

• Recent acquisition of Cominco Data confirms that the subsurface was not previously mined.

• The closest Cominco holes in this area of the Wedge are approximately 70m east.

Table 1: Certified Assays (134.00m - 174.00m)

Sample #	From (m)	To (m)	Width (m)	Cu %	Pb (%)	Zn (%)	(Pb + Zn) %	Ag (g/t)	Au (g/t)
283603	134	134.85	0.85	0.025	0.002	0.098	0.1	0.5	0.009
283604	134.85	136	1.15	0.496	0.004	0.397	0.401	1	0.017
283605	136	137	1	0.07	0.005	0.02	0.025	1	0.009
283606	137	138	1	3.73	0.007	0.376	0.383	4	0.028
283607	138	139	1	1.49	0.004	0.245	0.249	2	0.023
283608	139	140	1	2.74	0.006	0.644	0.65	3	0.035
283609	140	141	1	1.93	0.009	0.354	0.363	2	0.046
283610	141	142	1	1.07	0.014	0.226	0.24	2	0.041
283611	142	143	1	0.417	0.004	0.154	0.158	0.5	0.022
283612	143	144	1	0.628	0.004	0.136	0.14	0.5	0.026
283613	144	145	1	1.24	0.005	0.361	0.366	1	0.04
283614	145	146	1	0.806	0.004	0.178	0.182	1	0.041
283615	146	147	1	0.458	0.003	0.061	0.064	1	0.016
283616	147	148	1	0.42	0.009	0.152	0.161	1	0.027
283617	148	149	1	0.18	0.007	0.054	0.061	0.5	0.022
283618	149	150	1	0.554	0.07	0.133	0.203	2	0.073
283619	150	151	1	0.326	0.015	0.111	0.126	1	0.077
281620	STD	Blank
281621	151	152	1	0.424	0.037	0.053	0.09	2	0.085
281622	152	153	1	0.466	0.035	0.042	0.077	2	0.121
281623	153	154	1	1.33	0.076	0.057	0.133	3	0.151
281624	154	155	1	1.605	0.161	0.088	0.249	4	0.145
281625	155	156.5	1.5	0.54	0.074	0.036	0.11	3	0.175
281626	156.5	157.65	1.15	0.106	0.006	0.046	0.052	2	0.013
281627	157.65	158.5	0.85	1.5	0.027	0.173	0.2	3	0.041
281628	158.5	159.55	1.05	1.295	0.016	0.265	0.281	4	0.091
281629	159.55	160.5	0.95	4.99	0.025	0.344	0.369	9	0.072
281630	160.5	161.5	1	2.92	0.016	0.229	0.245	5	0.094
281631	161.5	162.5	1	5.52	0.035	0.626	0.661	7	0.078
281632	162.5	163.5	1	3.21	0.08	0.391	0.471	8	0.122
281633	163.5	164.5	1	2.17	0.054	0.256	0.31	5	0.101
281634	164.5	165.5	1	1.1	0.032	0.115	0.147	5	0.343
281635	165.5	166.5	1	2.46	0.145	13.9	14.045	32	0.544
281636	166.5	167.5	1	1.2	2.47	27.7	30.17	52	0.762
281637	167.5	168.5	1	0.834	1.44	5.19	6.63	62	0.779
281638	168.5	169.4	0.9	0.551	1.18	2.12	3.3	35	0.604
281639	169.4	170.25	0.85	0.818	0.121	0.074	0.195	13	0.34
281640	STD	Blank
281641	170.25	171.05	0.8	0.037	0.033	0.054	0.087	2	0.019
281642	171.05	172.05	1	1.76	1.07	2.2	3.27	43	0.627
281643	172.05	173.05	1	1.47	1.35	4.13	5.48	35	0.728
281645	173.05	174	0.95	0.017	0.011	0.44	0.451	<1.00	0.012
			40	1.32	0.21	1.54	1.75	8.84	0.164

 

Table 2: Certified Assays (157.65m - 173.05m)

Sample #	From (m)	To (m)	Width (m)	Cu %	Pb (%)	Zn (%)	(Pb + Zn) %	Ag (g/t)	Au (g/t)

FAQ

What are the highlights of drill hole WD-24-02 at the Wedge Mine?

Drill hole WD-24-02 confirmed a new, larger mineralized system with three zones of mineralization spanning from 36.74m to 173.05m, assaying 0.44% Cu, 0.07% Pb, 0.54% Zn, 0.06 g/t Au, and 3.52 g/t Ag.

What are the specific mineralization zones identified in WD-24-02?

Three mineralized zones were identified: (1) 36.74m-49.90m, (2) 88.90m-110.00m, and (3) 134.00m-174.00m, with the Main Copper Zone occurring between 134.00m and 174.00m.

What are the assay results for the Main Copper Zone?

The Main Copper Zone assays 1.32% Cu, 0.21% Pb, 1.54% Zn, 8.8g/t Ag, and 0.164 g/t Au, indicating significant copper mineralization.

What does the recent acquisition of Cominco Data confirm?

The acquisition confirms that the subsurface at the Wedge Mine was not previously mined, enhancing exploration opportunities for Nine Mile Metals.

Who expressed excitement about the certified assays for WD-24-02 at the Wedge Mine?

Patrick J. Cruickshank, MBA, CEO & Director, expressed excitement about the certified assays, highlighting the positive development and unmined mineralization at the site.