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NINE MILE METALS LTD - VMSXF STOCK NEWS

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NINE MILE METALS LTD. (CSE: NINE) (OTCQB: VMSXF) is a Canadian public mineral exploration company focused on VMS exploration in the renowned Bathurst Mining Camp in New Brunswick, Canada. The company recently acquired 100% interest in California Lake, Canoe Landing Lake East, and Nine Mile Brook East mineral projects. Nine Mile is exploring critical minerals necessary for EV and green technologies, particularly copper, silver, lead, zinc, and gold. With an emphasis on VMS projects like Nine Mile Brook, California Lake, Canoe Landing Lake, and The Wedge, the company is strategically positioning itself for future growth and success.

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Nine Mile Metals Ltd. has received a full grant for metallurgical analysis from the National Research Council of Canada Industrial Research Assistance Program. The analysis, conducted by RPC Science & Engineering, focuses on recovery possibilities for the upcoming 2000-3000 Tonne bulk sample at its Nine Mile Brook VMS Lens project. The study aims to define mineralogy and liberation size, utilizing advanced techniques like Scanning Electron Microscopy. The findings are expected to optimize recovery methods and enhance the project's commercial viability.

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Nine Mile Metals Ltd. (OTCQB: VMSXF) announced drilling on its Nine Mile Brook VMS project will commence on December 4, 2022. The company has secured a deep drilling rig capable of reaching 1,000 meters and will operate with two 12-hour drill crews for a continuous 24-hour operation. This drilling collaboration follows a successful previous program that identified high-grade VMS mineralization. The company aims to expedite exploration goals and assay submissions using advanced downhole geophysical instruments.

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Nine Mile Metals Ltd. (CSE: NINE, OTCQB: VMSXF) announced promising initial results from its Phase 1 drill program at the California Lake VMS Project in New Brunswick. Drill holes CL2206 and CL2207 intersected significant zones of VMS mineralization, with Zn up to 40.97%. The results indicate the mineralized zones are open for expansion, with ongoing analyses at ALS Global Labs. CEO Patrick J. Cruickshank expressed optimism about the successful identification of VMS mineralization and planned further exploration to cover the extensive target structure.

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Nine Mile Metals Ltd. (CSE: NINE, OTCQB: VMSXF) has completed its initial stage 1 drill program at the California Lake VMS Project, totaling 1,226 meters across 13 holes. The program targeted VMS mineralization along a 1.5-kilometer electromagnetic anomaly, with 7 of 8 holes intersecting visual mineralization. CEO Patrick J. Cruickshank expressed excitement over the findings and plans for a UAV Drone & IP-EM surface grid exploration program in 2023. Samples from the drilling have been sent for assay analysis, with results anticipated.

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Nine Mile Metals Ltd. (CSE: NINE, OTCQB: VMSXF) has reported positive advancements from its California Lake VMS project drill program in New Brunswick. Recent drilling at Hole CL2207 confirmed VMS mineralization, intersecting six zones containing copper, lead, zinc, silver, and gold at depths between 39 to 50 meters. This follows a successful previous drill, expanding the mineralized area. The company aims to utilize advanced geophysical methods for future exploration, highlighting its commitment to economic exploration methods.

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Nine Mile Metals Ltd. has successfully drilled and confirmed a VMS system at its California Lake Project in New Brunswick. This inaugural drill program, utilizing leading-edge technology, intersected sulphides containing significant minerals such as Copper, Lead, Zinc, Silver, and Gold across an 89-meter hole. The company plans to conduct further analysis and expects to share additional results while emphasizing its innovative exploration process aimed at meeting demand for critical minerals in EV and green technologies.

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VANCOUVER, British Columbia, Oct. 24, 2022 — Nine Mile Metals Ltd. (CSE: NINE, OTCQB: VMSXF) has announced the commencement of a drilling program at its California Lake VMS Project, utilizing Lantech Drilling's track-mounted rigs. This follows the initial announcement made on September 20, 2022. The company will provide further updates on drilling progress in the coming weeks.

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Nine Mile Metals Ltd. (CSE: NINE, OTCQB: VMSXF) has filed for drill permits with the NB Department of Energy and Mines for its Phase 1 drill program at the California Lake VMS Project in New Brunswick. This program will target approximately 2,000 meters in the California Lake VMS Trend, focusing on high-priority conductors identified through advanced data re-processing by EarthEX Geophysical Solutions. The project area exhibits substantial VMS potential, which remains largely unexplored compared to other areas in the Bathurst Mining Camp.

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FAQ

What is the current stock price of NINE MILE METALS (VMSXF)?

The current stock price of NINE MILE METALS (VMSXF) is $0.01096 as of January 29, 2025.

What is the market cap of NINE MILE METALS (VMSXF)?

The market cap of NINE MILE METALS (VMSXF) is approximately 834.8K.

What is Nine Mile Metals Ltd. focused on?

Nine Mile Metals Ltd. focuses on VMS (Cu, Pb, Zn, Ag, and Au) exploration in the Bathurst Mining Camp in New Brunswick, Canada.

What kind of projects does Nine Mile Metals Ltd. own?

Nine Mile Metals Ltd. owns and explores California Lake, Canoe Landing Lake East, Nine Mile Brook East, and The Wedge VMS projects.

What are the critical minerals that Nine Mile Metals Ltd. is exploring?

Nine Mile Metals Ltd. is exploring critical minerals essential for EV and green technologies, including copper, silver, lead, zinc, and gold.

Who is the CEO of Nine Mile Metals Ltd.?

The CEO of Nine Mile Metals Ltd. is Patrick J. Cruickshank, MBA.

How does Nine Mile Metals Ltd. position itself for future growth?

By focusing on VMS projects and exploring critical minerals, Nine Mile Metals Ltd. strategically positions itself for future growth and success in the mining industry.
NINE MILE METALS LTD

OTC:VMSXF

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834.75k
63.40M
25.1%
Gold
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