Mr. Patrick Cruickshank reports

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

Nine Mile Metals Ltd. has received certified assays for drill hole WD-24-04 at the Wedge VMS (volcanogenic massive sulphide) drill target situated in the renowned Bathurst mining camp (BMC), New Brunswick.

WD-24-01 highlights:

• Drill hole WD-24-04 location: Collared on the northeastern flank of the Wedge deposit, positioned approximately 40 metres east of drill hole WD-24-02;
• Orientation and depth: Drilled at a 160-degree azimuth and a dip of minus 50 degrees, reaching a total depth of 167 metres;
• The drill hole successfully intersected three zones of visual sulphide mineralization at depths of:
  • Zone 1: 55 m to 78 m;
  • Zone 2: 110 m to 132.2 m;
  • Zone 3: 136 m to 147.1 m;
  • Note: the lower two zones define the main copper mineralization.
• The main copper zone intersected a 37.1 m section (110 m to 147.1 m), assaying 0.81 per cent copper (Cu), 0.25 per cent lead (Pb), 1 per cent zinc (Zn), 8.5 grams per tonne (g/t) silver (Ag) and 0.13 g/t gold (Au) (copper equivalent: 1.33 per cent CuEq);
• Subzones within this section demonstrated higher yields, including:
  • 10.24 metres of pyritic VMS assaying 1.57 per cent Cu, 0.74 per cent Pb, 2.99 per cent Zn, 26.61 g/t Ag and 0.31 g/t Au (CuEq: 3.08 per cent);
  • 7.52 metres of pyritic VMS assaying 1.86 per cent Cu, 1 per cent Pb, 1.17 per cent Zn, 35.50 g/t Ag and 0.42 g/t Au (copper equivalent: 3.07 per cent).
• Notable gold and silver mineralization are present alongside the lead and zinc within the VMS deposits.

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.

"Drill hole WD-24-04 was collared in the northeastern portion of the Wedge, 40 metres east of drill hole WD-24-02. Drilled parallel to WD-24-02, the results show the continuity of the mineralization with three 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 (95 per cent plus sulphides), with visible bands of sphalerite and galena as seen in drill hole WD-24-02. The continuity is encouraging, and we look forward to compiling all of the assays and incorporating them into our upcoming 3-D model," commented Gary Lohman, PGeo, vice-president of exploration and director.

Patrick J. Cruickshank, MBA, chief executive officer and 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."

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, and reviewed and approved by Mr. Lohman, BSc, PGO, vice-president of 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 is a Canadian public mineral exploration company focused on VMS (Cu, Pb, Zn, Ag and Au) exploration in the renowned Bathurst mining camp, located in New Brunswick, Canada. The company's primary business objective is to explore its four VMS projects: the Nine Mile Brook VMS project, the California Lake VMS project, the Canoe Landing Lake (east-west) VMS project and the Wedge mine project. The company is focused on critical minerals exploration, positioning itself for the boom in electric vehicles and green technologies requiring copper, silver, lead and zinc with a hedge on gold.

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