20:01:05 EST Sat 07 Feb 2026
Enter Symbol
or Name
USA
CA



Nine Mile Metals Ltd
Symbol NINE
Shares Issued 139,819,159
Close 2025-12-17 C$ 0.195
Market Cap C$ 27,264,736
Recent Sedar+ Documents

Nine Mile assays up to 15.21% CuEq from Wedge

2025-12-17 19:10 ET - News Release

Mr. Patrick Cruickshank reports

NINE MILE METALS ANNOUNCES CERTIFIED HIGH-GRADE ASSAY RESULTS UP TO 15.21% (CUEQ) COPPER FROM THE WEDGE PROJECT, BATHURST, NEW BRUNSWICK

Nine Mile Metals Ltd. has released certified assay results for volcanogenic massive sulphide mineralization collected from the Predrill area on the Wedge VMS project in the world-famous Bathurst mining camp, New Brunswick, Canada. Discovered in 1956, Cominco operated the Wedge mine between 1962 and 1968, producing 1.5 million tonnes of predominantly copper ore. At the time of closure (crown pillar collapsed), only the upper portion of the deposit was mined. The expectation is that the lower 60 per cent remains untouched based upon recent drill testing and extends at depth with the 3-D modelling.

The assays were shipped to ALS Global in Moncton, N.B., for preparation with final analysis of pulps conducted in Vancouver, B.C. The primary analytical method for the Wedge samples, as recommended after consultation with ALS staff, involves multielement ICP analysis, method ME-ICP61a. When overlimit results are returned, ore grade analysis is triggered and conducted utilizing methods ME-OG62 and Cu-OG62. Gold analysis is treated separately by 30-gram fire assay and AA finish. Quality assurance/quality control involves inserting standards in the samples stream at set intervals.

Gary Lohman, director, PGeo, vice-president, exploration, stated: "The surface samples collected along the western portion of Wedge reflects the copper-rich nature of the Wedge. These samples were massive in character, fine grained, with basic Fe and Cu sulphide mineralogy like sections seen in recent drilling, especially drill hole WD-25-02 as reported on Nov. 26, 2025. Early observations of drill core are encouraging, and we look forward to the reporting the drill results as soon as available from ALS Global."

Patrick J. Cruickshank, MBA, chief executive officer and director, stated: "The grade of these samples in our drill area is highly indicative of the quality of the asset and the potential of the economics of this mine. Our technology indicates that this asset is much bigger and potentially part of a regional clustering of the massive sulphides targets. Our technical team is working diligently to keep up with the drill team on our current program. Our team is logging, measuring, photographing, sampling, cutting and sending to the labs for assay processing. We are focused on executing this as soon as possible to get the results into the pipeline and back as fast as we can. We are currently completing the summary of DDH No. 3 and will announce our findings expeditiously."

Qualified person

The technical content of this news release pertaining to the Wedge project was reviewed and approved by Gary Lohman, PGeo, a non-independent qualified person as defined by National Instrument 43-101.

About Nine Mile Metals Ltd.

Nine Mile is a Canadian public mineral exploration company focused on VMS (copper, lead, zinc, silver and gold) exploration in the world-famous Bathurst mining camp, 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; and the Canoe Landing Lake (East-West) project and the Wedge VMS project. The company is focused on exploration of minerals for technology, positioning for the boom in electric vehicles and green technologies requiring copper, silver, lead and zinc with a hedge with gold.

We seek Safe Harbor.

© 2026 Canjex Publishing Ltd. All rights reserved.