Nine Mile Metals Announces Drill Hole WD-24-04 Certified Assay Results of 1.33% Copper Equivalent (Cu-Eq) over 37.10m Including 3.08% Cu-Eq over 10.24m
- Positive: The certified assay results for drill hole WD-24-04 show significant copper mineralization with 1.33% Copper Equivalent over 37.10m and 3.08% Cu-Eq over 10.24m, demonstrating promising mineralization potential for Nine Mile Metals
- Negative: There are no negative aspects highlighted in the press release regarding the certified assay results for drill hole WD-24-04 by Nine Mile Metals
- None.
Vancouver, British Columbia--(Newsfile Corp. - April 24, 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-24-04 at the Wedge VMS Drill Target situated in the renowned Bathurst Mining Camp, New Brunswick (BMC).
WD-24-01 HIGHLIGHTS:
- Drill hole WD-24-04 Location: Collared on the northeastern flank of the Wedge deposit, positioned approximately 40 meters east of drill hole WD-24-02.
- Orientation and Depth: Drilled at a 160-degree azimuth and a dip of -50 degrees, reaching a total depth of 167m
- The drill hole successfully intersected three (3) Zones of visual sulphide mineralization at depths of:
- Zone 1: (55.00 - 78.00m) Zone 2: (110.00 - 132.20m) Zone 3: (136.00 - 147.10m).
- Note: the lower two zones define the main copper mineralization.
- The main copper zone intersected a 37.10m section (110.00 - 147.10 m), assaying
0.81% Cu,0.25% Pb,1.00% Zn, 8.5 g/t Ag and 0.13 g/t Au (Copper Equivalent:1.33% Cu). - Sub-zones within this section demonstrated higher yields, including:
- 10.24 meters of pyritic VMS (Volcanogenic Massive Sulfide) assaying
1.57% Cu,0.74% Pb,2.99% Zn, 26.61 g/t Ag, and 0.31 g/t Au (Cu Equivalent:3.08% ). - 7.52 meters of pyritic VMS assaying
1.86% Cu,1.00% Pb,1.17% Zn, 35.50 g/t Ag, and 0.42 g/t Au (Copper Equivalent:3.07% ).
- 10.24 meters of pyritic VMS (Volcanogenic Massive Sulfide) assaying
- Notable gold and silver mineralization are present alongside the lead and zinc within the VMS deposits.
Table 1: Drill Hole Summary, WD-24-04
| WD -24-04 | From | To | Width (m) | Cu % | Pb % | Zn % | Au g/t | Ag g/t | Cu Eq % |
| Zone 1 | 55.00 | 78.00 | 23.00 | 0.17 | 0.00 | 0.05 | 0.02 | 0.05 | 0.20 |
| Zone 2 | 110.00 | 130.20 | 20.20 | 0.69 | 1.91 | 0.32 | 0.08 | 1.91 | 1.29 |
| Includes | 115.00 | 127.26 | 12.26 | 0.83 | 0.10 | 0.37 | 0.09 | 2.16 | 1.05 |
| Zone 3 | 136.86 | 147.10 | 10.24 | 1.57 | 0.74 | 2.99 | 0.31 | 26.61 | 3.08 |
| Includes | 139.58 | 147.10 | 7.52 | 1.86 | 1.00 | 1.17 | 0.42 | 35.50 | 3.07 |
| Summary | |||||||||
| Main Zone (2 & 3) | 110.00 | 147.10 | 37.10 | 0.81 | 0.25 | 1.00 | 0.13 | 8.5 | 1.33 |
Copper Equivalent (Cu Eq) for drill intersections is calculated based on April 23, 2024, pricing. US
In the northeastern section of the Wedge, the geology comprises a blend of volcanic materials and sedimentary deposits. The mineralization is primarily located at the contact point between the felsic volcanic rocks and the underlying graphitic argillite, similar to what was observed in DDH-24-02 to the west. The most significant lead and zinc mineralization has been consistently found at the base of the geological section, adjacent to the graphitic sediment layer.
Table 2: Zone 2 - Certified Assays (110.00 - 130.20 m) - 20.20m Intersection
| Sample # | From (m) | To (686m) | Width (m) | Cu (%) | Pb (%) | Zn (%) | (Pb + Zn) (%) | Ag (g/t) | Au (g/t) |
| 686009 | 110.00 | 111.00 | 1.00 | 0.34 | 0.09 | 0.18 | 0.27 | 2 | 0.049 |
| 686011 | 112.00 | 112.00 | 1.00 | 0.73 | 0.04 | 0.54 | 0.58 | 1 | 0.036 |
| 686012 | 112.00 | 113.00 | 1.00 | 0.55 | 0.02 | 0.30 | 0.32 | 1 | 0.036 |
| 686013 | 113.00 | 114.00 | 1.00 | 0.55 | 0.05 | 0.24 | 0.29 | 1 | 0.022 |
| 686014 | 114.00 | 115.00 | 1.00 | 0.62 | 0.01 | 0.38 | 0.39 | 1 | 0.045 |
| 686015 | 115.00 | 116.00 | 1.00 | 1.29 | 0.03 | 1.36 | 1.39 | 1 | 0.084 |
| 686016 | 116.00 | 116.60 | 0.60 | 0.15 | 0.00 | 0.30 | 0.30 | <1 | 0.018 |
| 686017 | 116.60 | 117.45 | 0.85 | 0.90 | 0.02 | 0.84 | 0.86 | 1 | 0.05 |
| 686018 | 117.45 | 118.45 | 1.00 | 0.96 | 0.01 | 0.57 | 0.58 | 1 | 0.042 |
| 686019 | 118.45 | 119.45 | 1.00 | 1.98 | 0.03 | 0.85 | 0.88 | 3 | 0.107 |
| 686020 | 119.45 | 120.45 | 1.00 | 0.27 | 0.02 | 0.05 | 0.07 | 1 | 0.034 |
| 686021 | 120.45 | 121.45 | 1.00 | 0.48 | 0.02 | 0.13 | 0.15 | 2 | 0.063 |
| 686022 | 121.45 | 122.45 | 1.00 | 0.40 | 0.18 | 0.13 | 0.31 | 3 | 0.061 |
| 686023 | 122.45 | 123.45 | 1.00 | 0.43 | 0.36 | 0.10 | 0.46 | 4 | 0.279 |
| 686024 | 123.45 | 124.46 | 1.01 | 0.49 | 0.13 | 0.09 | 0.22 | 3 | 0.084 |
| 686025 | 124.46 | 125.33 | 0.87 | 1.33 | 0.11 | 0.09 | 0.20 | 3 | 0.119 |
| 686026 | 125.33 | 126.33 | 1.00 | 0.44 | 0.09 | 0.15 | 0.24 | 1 | 0.1 |
| 686027 | 126.33 | 127.26 | 0.93 | 1.57 | 0.10 | 0.13 | 0.23 | 4 | 0.144 |
| 686028 | 127.26 | 128.26 | 1.00 | 0.62 | 0.05 | 0.03 | 0.08 | 3 | 0.224 |
| 686029 | 128.26 | 129.00 | 0.74 | 0.09 | 0.01 | 0.07 | 0.08 | 3 | 0.046 |
| 686031 | 129.00 | 130.20 | 1.20 | 0.17 | 0.06 | 0.19 | 0.25 | 2 | 0.143 |
| Total | Ave. | 20.2 | 0.69 | 0.07 | 0.32 | 0.39 | 1.91 | 0.08 |
"Drill Hole WD-24-04 was collared in the northeastern portion of the Wedge 40 meters east of drill hole WD-24-02. Drilled parallel to WD-24-02, the results show the continuity of the mineralization with three (3) Zones of high copper mineralization intersected, the base of the main zone again highlighted by lead, zinc, and silver mineralization. The mineralization consists of fine-grained massive copper bearing pyritic VMS (
Patrick J. Cruickshank, MBA, CEO & Director, stated, "The results from our Wedge extension program in Target Area 1, located on the east side of the deposit, have been very encouraging. We are successfully expanding the footprint of the unmined deposit area at the Wedge. The copper assays have been consistently impressive, and the significant widths observed in the drill holes thus far are outstanding. We are determined to fulfill our objectives by increasing the tonnage at the Wedge."
Table 3: Zone 3 - Certified Assays (136.86 - 147.10 m) - 10.24m Intersection
| Sample # | From (m) | To (m) | Width (m) | Cu % | Pb (%) | Zn (%) | (Pb + Zn) % | Ag (g/t) | Au (g/t) |
| 686039 | 136.86 | 137.86 | 1.00 | 1.86 | 0.03 | 0.19 | 0.22 | 4 | 0.029 |
| 686040 | 137.86 | 138.75 | 0.89 | 0.12 | 0.01 | 0.11 | 0.12 | 1 | 0.016 |
| 686041 | 138.75 | 139.58 | 0.83 | 0.13 | 0.03 | 0.13 | 0.16 | 1 | 0.034 |
| 686042 | 139.58 | 140.58 | 1.00 | 1.60 | 0.33 | 0.79 | 1.12 | 10 | 0.146 |
| 686043 | 140.58 | 141.58 | 1.00 | 4.23 | 0.11 |
{
"@context": "https://schema.org",
"@type": "FAQPage",
"name": "Nine Mile Metals Announces Drill Hole WD-24-04 Certified Assay Results of 1.33% Copper Equivalent (Cu-Eq) over 37.10m Including 3.08% Cu-Eq over 10.24m FAQs",
"mainEntity": [
{
"@type": "Question",
"name": "What are the certified assay results for drill hole WD-24-04 announced by Nine Mile Metals ?",
"acceptedAnswer": {
"@type": "Answer",
"text": "Nine Mile Metals announced certified assay results for drill hole WD-24-04 in the Bathurst Mining Camp, New Brunswick, showing significant copper mineralization with highlights such as 1.33% Copper Equivalent over 37.10m, including 3.08% Cu-Eq over 10.24m."
}
},
{
"@type": "Question",
"name": "Where was drill hole WD-24-04 located?",
"acceptedAnswer": {
"@type": "Answer",
"text": "Drill hole WD-24-04 was collared on the northeastern flank of the Wedge deposit in the renowned Bathurst Mining Camp, New Brunswick."
}
},
{
"@type": "Question",
"name": "What is the Copper Equivalent (Cu-Eq) for the certified assay results?",
"acceptedAnswer": {
"@type": "Answer",
"text": "The Copper Equivalent (Cu-Eq) for the certified assay results is 1.33% over 37.10m and 3.08% over 10.24m."
}
},
{
"@type": "Question",
"name": "Who commented on the results of drill hole WD-24-04?",
"acceptedAnswer": {
"@type": "Answer",
"text": "Gary Lohman, P.Geo., VP Exploration & Director, commented on the results of drill hole WD-24-04."
}
},
{
"@type": "Question",
"name": "What did Patrick J. Cruickshank, MBA, CEO & Director state about the results?",
"acceptedAnswer": {
"@type": "Answer",
"text": "Patrick J. Cruickshank, MBA, CEO & Director, stated that the results from the Wedge extension program in Target Area 1 have been very encouraging, with consistent impressive copper assays and outstanding widths observed in the drill holes."
}
}
]
}
FAQ
What are the certified assay results for drill hole WD-24-04 announced by Nine Mile Metals ?
Nine Mile Metals announced certified assay results for drill hole WD-24-04 in the Bathurst Mining Camp, New Brunswick, showing significant copper mineralization with highlights such as 1.33% Copper Equivalent over 37.10m, including 3.08% Cu-Eq over 10.24m.
Where was drill hole WD-24-04 located?
Drill hole WD-24-04 was collared on the northeastern flank of the Wedge deposit in the renowned Bathurst Mining Camp, New Brunswick.
What is the Copper Equivalent (Cu-Eq) for the certified assay results?
The Copper Equivalent (Cu-Eq) for the certified assay results is 1.33% over 37.10m and 3.08% over 10.24m.
Who commented on the results of drill hole WD-24-04?
Gary Lohman, P.Geo., VP Exploration & Director, commented on the results of drill hole WD-24-04.
What did Patrick J. Cruickshank, MBA, CEO & Director state about the results?
Patrick J. Cruickshank, MBA, CEO & Director, stated that the results from the Wedge extension program in Target Area 1 have been very encouraging, with consistent impressive copper assays and outstanding widths observed in the drill holes.
NINE MILE METALS LTD
OTC:VMSXFVMSXF RankingsVMSXF Latest NewsVMSXF Stock Data |