Nine Mile Metals Receives Final Water Baseline Water and Sediments Certified Lab Analysis Report From GEMTEC and Finalizes Engineer Site Plan Analysis
VANCOUVER, B.C. – Tuesday November 7th, 2023 – NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”), is pleased to announce that it has received the completed “Nine Mile Brook Lens Bulk Sample Water Baseline Results and Final Report” from GEMTEC Consulting Engineers and Scientists Limited (“GEMTEC”) for the Nine Mile Brook Lens Bulk Sample Project (the “Project”) and is completing the Engineering Site plan this week. GEMTEC has delivered Nine Mile Metals its Final Report complete with the Baseline Water & Sediments Lab Certified Results to act as the Project’s baseline levels for its upcoming Bulk Sample Project. Per the Province of New Brunswick Department of Natural Resource and Energy Development Minerals and Petroleum Development Branch’s “Guide to the Development of a Mining and Reclamation Plan” document, the results will be forwarded to the NB DEM to provide the baseline surface water chemistry data, and baseline metal concentrations in sediment samples collected from watercourses that may be impacted by the development or operation of the Project. Gemtec’s Engineering Team will be conducting its final site visit today with its UAV drone to complete Lidar mapping and site design analysis. The Final Engineering Site Plan is expected to be received next week. Nine Mile Metals will submit its Bulk Sample Permit filing next week once the Engineering Site Plan is received. Nine Mile Metals has selected and contacted the necessary Vendors for the execution of the Bulk Sample Program. We are in the process of receiving quotes for the program from highly experienced Bathurst Mining Camp Bulk Sample Excavation partners. Nine Mile expects to have cost analysis and vendor availability of the Bulk Sample Project summarized within a week of distributing the Final Engineering Site Plan and is optimistic of commencing the excavation during the 1st quarter of 2024. Recap of Water Sampling Project Analysis: The surface water samples were sent to RPC Science and Engineering (“RPC”) in Fredericton, NB, for analysis of general chemistry, total suspended solids, total metals, as well as dissolved manganese, zinc, organic carbon, and petroleum hydrocarbons. The sediment samples were also sent for analysis, specifically for available metals and petroleum hydrocarbons (see Figures 2, 3, 4). Field water quality parameters, including conductivity, dissolved oxygen, pH, and temperature, were measured using a multiparameter water quality meter. Proper QA/QC protocols were followed, which included submitting two duplicate samples for laboratory analyses—namely, one surface water sample and one sediment sample. In addition to surface water sampling, flow measurements were recorded at each of the 6 sampling sites (3 – 5 points along a transect perpendicular to the flow at each sampling site) using a Marsh M2000 Flo-Mate device. This allows for the calculation of watercourse discharge rates, volume, and speed. The locations were selected based on 1:50,000 topo map drainage, and cover Nine Mile Brook, Boucher Brook, and a tributary to Nine Mile Brook located south of the Project. Sample locations were chosen to represent both upgradient and downgradient areas to provide reference data as the Project progresses. Patrick J. Cruickshank, CEO and Director, stated, “We are extremely pleased to announce the continued evolution of our Nine Mile Brook Bulk Sample Project in Bathurst. Now that we have received the Baseline Certified Lab Results and Final Report, Gemtec’s expert design team can now develop our site plan, the design to be environmentally friendly with a minimal footprint that also delivers the optimal excavation process with a restoration design model for the Nine Mile Brook claim area. Nine Mile Metals has selected its vendors of choice for the site plan excavation and processing stages. The Vendors are experienced specialists from the Bathurst Mining Camp with decades of experience in Bulk Sampling Projects and trenching. We look forward to announcing the design plan and permit filing later this month to the NB DEM. This is a major step for Nine Mile in its exploration programs in their eastern Camp Portfolio.” 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 (“NI 43-101”) and reviewed and approved by Gary Lohman, B.Sc., P. Geo., VP 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 Ltd. is a Canadian public mineral exploration company focused on Critical Minerals Exploration (CME) VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS; California Lake VMS; Canoe Landing Lake (East–West) VMS and the new Wedge VMS Projects. The Company is focused on Critical Minerals Exploration (CME), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold. ON BEHALF OF NINE MILE METALS LTD. “Patrick J Cruickshank, MBA” CEO and Director T: +1.506-804-6117 E: patrick@ninemilemetals.com Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include that (a) Gemtec’s Engineering Team will be conducting its final site visit today with its UAV drone to complete Lidar mapping and site design analysis, (b) Nine Mile will submit its Bulk Sample Permit filing next week once the Engineering Site Plan is received, (c) the Final Engineering Site Plan is expected to be received next week, and (d) Nine Mile expects to have cost analysis and vendor availability of the Bulk
NINE MILE METALS TO DRILL THE WEDGE PROJECT, BATHURST MINING CAMP, NEW BRUNSWICK
VANCOUVER, B.C. – Thursday October 26, 2023, NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”), is pleased to announce that it has received all necessary drill permits on its Wedge Project southwest of the Brunswick #12 Mine. Lantech Drilling has been engaged to drill these high priority targets once it completes the current hole at Nine Mile Brook. The Lantech track mount rig mobilizes this upcoming Monday after a required break during the NB Hunting season for the past 3 weeks. The Company has identified nine (9) high priority target areas in our western camp portfolio, the recently acquired Wedge Project, which is located 20 kilometers southwest of the Brunswick #12 mine. In addition to the historic Wedge Mine, the Cominco Wedge Mine Extension (never drill tested), the newly acquired Wedge North Target, which completes the California Lake East Trend), West Wedge and Tribag (representing a 4.5kms VMS Trend) and Lower 44 Mile Brook targets. Discovered in 1956, the Wedge Mine is located at the northern terminus of a strong magnetic linear (Figure 1). Between 1962 and 1968, the mine produced 1.503MT grading (2.88% Cu, 0.65% Pb, 1.81% Zn, 20.6 g/t Ag). McCutcheon et al (2005) stated a historical measured resource of 545,200T* (1.75% Cu, 1.71% Pb & 5.21% Zn) to a depth of 274 meters. To the northwest, both the West Wedge and Tribag lie along the west flank of a similar magnetic anomaly near parallel to the one at the Wedge. At Tribag, trenching by Slam Exploration Ltd. in 2017 identified massive to strongly disseminated Pb / Zn mineralization. At the West Wedge, previous drilling intersected 12.8% zinc, 5.35% lead, 0.78% copper, 70.6 g/tonne silver and 1.30 g/t gold over 3.8m. The mineralization at both the West Wedge and Tribag occur within the sediments and volcanics of the Spruce Lake Formation of the California Lake Group. “With previous drilling focused on known occurrences, the VMS mineralization at the Wedge Project has considerable room for expansion. The favourable horizon is over 5 kilometers in length defined by anomalous base metal soil geochemistry and coincident zones of conductivity. We look forward to testing these high priority targets,” stated Gary Lohman, B.Sc., PGO, VP Exploration and Director. Figure 1: above, displays the newly identified (9) VMS priority targets. Wedge Mine 2. Wedge Mine Extension 3. TriBag Target 4. West Wedge Target 5. Lower 44 Mile Brook Target 6. Wedge North Target 7. Upper 44 Mile Brook Target 8. California East Drill Holes 2022 9. Canoe South Target Our strategic acquisitions have now secured that Nine Mile owns the entire California East VMS Trend (targets 6 & 8). We believe the acquisition of claims over target (6) completes the strike extension of the mineralization intersected in the 8 highly successful California Drill hole results of 2022. The California East VMS Trend is approximately 3kms in length along a parallel trend to the rocks hosting the Canoe Landing Lake Deposit to the east (33.8MT Deposit). Target (2) is the Wedge Mine Extension that was identified and scheduled to drill by Cominco but never commenced. The original Wedge Mine cross-section of the deposit is displayed below in Figure 2:, the deposit is open at depth and along strike. We look forward to testing the historic mine and intersecting the high-grade mineralization we have previously released. The entire Wedge VMS Trend has been identified by EarthEx and their proprietary re-processing algorithm technology. The trend is 5kms in length. Patrick J Cruickshank, CEO & Director stated, “Our strategic acquisitions now allow us to execute our exploration program without limitations. We now own the entire California East and Wedge VMS Trends. We are excited to test these high priority targets identified by our (3) technology systems and now that the Hunting season break is over, we are ready to get back to our Fall Drill Program. We will also test the Wedge Mine at depth and along trend “the Cominco Extension” that Cominco identified and scheduled to drill but never executed. We are highly encouraged by our Wedge Ore assays representing high grade Copper up to 29% and Lead-Zinc up to 41% previously reported. We continue to evaluate new technologies in the exploration space, the BMC has only 1% outcrop and 99% is subsurface hidden vertical deposits. Every 20 years a new technology causes the discovery of many new deposits. Our technical team of professionals including EarthEx and our AI partner, are working to uncover the next signature for exploration successes in the BMC. As you can see in Figure 1, EarthEx proprietary technology has clearly identified the existing Canoe Landing Lake & The Wedge Deposits in their processes and we are highly encouraged to test their newly identified targets. We look forward to our next news release sharing our progress. 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 (“NI 43-101”) and reviewed and approved by Gary Lohman, B.Sc., P. Geo., Director who acts as the Company’s Qualified Person, and is not independent of the Company. About Nine Mile Metals Ltd.: Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on Critical Minerals Exploration (CME) VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS; California Lake VMS; Canoe Landing Lake (East–West) VMS and our new Wedge VMS Projects. The Company is focused on Critical Minerals Exploration (CME), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold. McCutcheon, S., et al, , 2005 – Stratigraphic setting of base-metal deposits in the Bathurst Mining Camp, New Brunswick; Geological Association of Canada, Mineralogical Association of Canada, Petroleum Geologists, Canadian Society of Soil Sciences, Joint Meeting – Halifax, May 2005,
Nine Mile Metals Engages Gemtec and Completes Nine Mile Brook Lens Bulk Sample Baseline Sampling
VANCOUVER, B.C. – Thursday September 28, 2023 – NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”), is pleased to announce the engagement of GEMTEC Consulting Engineers and Scientists Limited (“GEMTEC”) and the completion of their site visit and baseline water, trace metals and flow sampling program for the Nine Mile Brook Lens Bulk Sample Project (the “Project”). GEMTEC completed the water, sediment, and flow sampling program on September 8, 2023, in support of the Project. Per the Province of New Brunswick Department of Natural Resource and Energy Development Minerals and Petroleum Development Branch’s “Guide to the Development of a Mining and Reclamation Plan” document, the program will aim to provide the baseline surface water chemistry data, and baseline metal concentrations in sediment samples collected from watercourses that may be impacted by the development or operation of the Project. A total of six surface water and six sediment samples were collected (see attached Figure 1 for approximate locations) for laboratory analysis. The surface water samples were submitted to RPC Science and Engineering (“RPC”) in Fredericton, NB, for analysis of general chemistry, total suspended solids, total metals, as well as dissolved manganese, zinc, organic carbon, and petroleum hydrocarbons. The sediment samples were also sent for analysis, specifically for available metals and petroleum hydrocarbons (see Figures 2, 3, 4, 5, 6, and 7). Field water quality parameters, including conductivity, dissolved oxygen, pH, and temperature, were measured using a multiparameter water quality meter. Proper QA/QC protocols were followed, which included submitting two duplicate samples for laboratory analyses—namely, one surface water sample and one sediment sample. In addition to surface water sampling, flow measurements were recorded at each of the 6 sampling sites (3 – 5 points along a transect perpendicular to the flow at each sampling site) using a Marsh M2000 Flo-Mate device (Figure 8). This allows for the calculation of watercourse discharge rates, volume, and speed. The locations were selected based on 1:50,000 topo map drainage, and cover Nine Mile Brook, Boucher Brook, and a tributary to Nine Mile Brook located south of the Project. Sample locations were chosen to represent both upgradient and downgradient areas to provide reference data as the Project progresses. Patrick J. Cruickshank, CEO and Director, stated, “We are pleased to advance our Nine Mile Brook Lens bulk sample program to the next level. GEMTEC has been on-site and is designing the excavation plan in the next 2 weeks. We look forward to receiving these sample results from the Labs at RPC in Fredericton. Once we receive the site development plan, we will know the maximum bulk sample size we can excavate and send as a direct bulk shipment to our chosen smelter. RPC Fredericton is evaluating 5 smelters that could process our high-grade ore. We are currently receiving bids from several excavation mining companies in the NB area and look forward to announcing the vendor of choice. With our high ore grade and current mineral rock values, this is a significant windfall for Nine Mile, and we’re looking forward to our next update.” Nine Mile Metals VP Exploration and Director, Gary Lohman, B.Sc., Geo., stated that, “Establishing baseline water and sediment chemistry is the critical first step in the Project. The next steps for GEMTEC are to deliver the Engineering Site Excavation Plans shortly after the sample test results. With the assistance of both GEMTEC and RPC, the Company anticipates the process to proceed will be smooth with minimal delays.” 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 (“NI 43-101”) and reviewed and approved by Gary Lohman, B.Sc., P. Geo., VP 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 Ltd. is a Canadian public mineral exploration company focused on Critical Minerals Exploration (CME) VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS; California Lake VMS; Canoe Landing Lake (East–West) VMS and the new Wedge VMS Projects. The Company is focused on Critical Minerals Exploration (CME), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold. ON BEHALF OF NINE MILE METALS LTD. “Patrick J Cruickshank, MBA” CEO and Director T: +1.506-804-6117 E: patrick@ninemilemetals.com Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include that (a) the program will aim to provide the baseline surface water chemistry data, and baseline metal concentrations in sediment samples collected from watercourses that may be impacted by the development or operation of the Project, (b) once we receive the site development plan, we will know the maximum bulk sample size, (c) the Company anticipates the process to proceed will be smooth with minimal delays, and (d) RPC Fredericton is evaluating 5 smelters that could process our high-grade ore. Although Nine Mile believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Nine Mile can give no assurance that they will prove to be correct. The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
NINE MILE METALS CLOSES ACQUISITION OF ADDITIONAL 5.06 SQ KMS OF STRATEGIC CLAIMS ADJACENT TO ITS CALIFORNIA LAKE VMS PROJECT
VANCOUVER, B.C. Tuesday, September 26, 2023 – NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”) is also pleased to announce that is has acquired the 23 new claim units (the “Claims”) previously disclosed in the Company’s press release dated September 19, 2023. The Company has issued a total of 550,000 common shares in exchange for the Claims, which are subject to the four month legend. In addition to the Claims, there is a 2.0% net smelter royalty (“NSR”) on the Claims derived from metallic mineral production. The Company has the right to purchase 50% of the 2% NSR from the vendors for $1,000,000 at any time prior to commencement of commercial production. The vendor is at arm’s length from the Company. About Nine Mile Metals Ltd.: Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on Critical Minerals Exploration (CME) VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS; California Lake VMS; Canoe Landing Lake (East–West) VMS and the new Wedge VMS Projects. The Company is focused on Critical Minerals Exploration (CME), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold. ON BEHALF OF NINE MILE METALS LTD. “Charles MaLette” President and Director T: 604-428-5171 E: inifo@ninemilemetals.com Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Although Nine Mile believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Nine Mile can give no assurance that they will prove to be correct. The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
Nine Mile Metals to Acquire an Additional 5.06 SQ KMs of Strategic Claims Adjacent to its California Lake VMS Project
VANCOUVER, B.C. Tuesday, September 19, 2023 – NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”) is pleased to announce the Company entered into an agreement dated September 14, 2023, with Lorena Hamilton, (the “Agreement”) to acquire an additional 5.06 square kms, 23 claim units (the “New Claims”) adjacent to its California Lake and Nine Mile Brook VMS Projects, in Bathurst Mining Camp, New Brunswick (“BMC”). This acquisition brings the total Land package in the BMC to an impressive 137.81 km2. Patrick J Cruickshank, CEO & Director stated, “We are pleased to announce we have added strategic claims to our western flank of our California Lake VMS project. This now allows us to explore the entire trend that our new technology has identified. We are advancing and building a high-quality portfolio in the Nine Mile Synform region of the BMC. We look forward to including these claims in our final target analysis to be announced shortly.” “The newly acquired claims cover sequences of felsic volcanics and various geological contacts known to host VMS mineralization along strike to both the north and south of the acquired ground. To the north is Ahearn Brook with select assays up to 209.14 g/t Ag, 2.26% Cu, 16.6% Pb and 29.1% Zn. In the west, the Strachens Lake Brook occurrence is on the south flank, with reported assays up to 32.57 g/t Ag, 0.39% Cu, 0.51% Pb and 3.14% Zn. The addition of these claims greatly enhances our exploration potential in this portion of the BMC,” stated Gary Lohman, B.Sc., P. Geo., VP Exploration and Director. Pursuant to the Agreement, the Company intends to acquire the New Claims for 550,000 common shares of the Company, which will have a four month hold legend. In addition, there is a 2.0% net smelter royalty (“NSR”) on the New Claims derived from metallic mineral production. The Company has the right to purchase the 50% of the 2% NSR from the vendors for $1,000,000 at any time prior to commencement of commercial production. The vendor is at arm’s length from the Company. Completion of the acquisition will take place on September 26, 2023. 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 (“NI 43-101”) and reviewed and approved by Gary Lohman, B.Sc., P. Geo., Director, who acts as the Company’s Qualified Person, and is not independent of the Company. About Nine Mile Metals Ltd.: Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on Critical Minerals Exploration (CME) VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS; California Lake VMS; Canoe Landing Lake (East–West) VMS and the new Wedge VMS Projects. The Company is focused on Critical Minerals Exploration (CME), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold. ON BEHALF OF NINE MILE METALS LTD. “Patrick J. Cruickshank, MBA” CEO and Director T: 506-804-6117 E: patrick@ninemilemetals.com Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include that (a) completion of the acquisition will take place on September 26, 2023, (b) the Company intends to acquire the New Claims for 550,000 common shares, (c) the addition of these claims greatly enhances our exploration potential in this portion of the BMC, and (d) we look forward to including these claims in our final target analysis to be announced shortly. Although Nine Mile believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Nine Mile can give no assurance that they will prove to be correct. The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
NINE MILE METALS CLOSES ACQUISITION OF ADDITIONAL STRATEGIC CLAIMS ADJACENT TO ITS CALIFORNIA LAKE AND NINE MILE BROOK VMS PROJECTS
VANCOUVER, B.C. Thursday, September 14, 2023 – NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”) is also pleased to announce that is has acquired the 49 new claim units (the “Claims”) previously disclosed in the Company’s press release dated September 7, 2023. The Company has issued a total of 300,000 common shares in exchange for the Claims, which are subject to the four month legend. In addition to the Claims, there is a 2.0% net smelter royalty (“NSR”) on the Claims derived from metallic mineral production. The Company has the right to purchase 50% of the 2% NSR from the vendors for $1,000,000 at any time prior to commencement of commercial production. The vendor is at arm’s length from the Company. About Nine Mile Metals Ltd.: Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on Critical Minerals Exploration (CME) VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS; California Lake VMS; Canoe Landing Lake (East–West) VMS and the new Wedge VMS Projects. The Company is focused on Critical Minerals Exploration (CME), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold. ON BEHALF OF NINE MILE METALS LTD. “Charles MaLette” President and Director T: 604-428-5171 E: inifo@ninemilemetals.com Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Although Nine Mile believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Nine Mile can give no assurance that they will prove to be correct. The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
NINE MILE METALS ANNOUNCES STOCK OPTION GRANT
VANCOUVER, B.C. Friday, September 8, 2023 – NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”) announces that it has granted 1,700,000 stock options to various directors, officers, and consultants of the Company. The options will vest immediately and may be exercised at an exercise price of CAD $0.12 per common share, for a period of 5 years from the date of issuance or earlier in accordance with the Company’s incentive stock option plan. Following the grant of stock options, the Company now has a total of 6,050,000 stock options representing 9.6% of the outstanding common shares of the Company. About Nine Mile Metals Ltd.: Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on Critical Minerals Exploration (CME) VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS; California Lake VMS; Canoe Landing Lake (East–West) VMS and the new Wedge VMS Projects. The Company is focused on Critical Minerals Exploration (CME), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold. Social Media @NineMileMetals Nine Mile Metals @ Nine Mile Metals Nine Mile Metals @ninemilemetals ON BEHALF OF NINE MILE METALS LTD. “Charles MaLette” President and Director T: 604-428-5171 E: info@ninemilemetals.com Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Although Nine Mile believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Nine Mile can give no assurance that they will prove to be correct. The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
NINE MILE METALS TO ACQUIRE AN ADDITIONAL 10.78 SQ KMS OF STRATEGIC CLAIMS ADJACENT TO ITS CALIFORNIA LAKE AND NINE MILE BROOK VMS PROJECTS
VANCOUVER, B.C. Thursday, September 7, 2023 – NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”) is pleased to announce the Company entered into an agreement dated August 31, 2023, with Prospect Or Corp, (the “Agreement”) to acquire an additional 10.78 square kms, 49 claim units (the “New Claims”) adjacent to its California Lake and Nine Mile Brook VMS Projects, in Bathurst Mining Camp, New Brunswick (“BMC”). This acquisition solidifies complete targeted trends identified last season and allows Nine Mile to launch complete exploration programs on these priority targets. Patrick J Cruickshank, CEO & Director stated, “We are pleased to announce this strategic acquisition of priority claims in our regional portfolio within this highly prospective area in the BMC. The acquisition cements our holdings around the California-Wedge Projects and most importantly, we now hold the entire mineralized trend encompassing the VMS drilling last year at the California Lake Project. As previously announced, we drilled (8) drill holes with VMS mineralization present over 10m to 14m widths. We now can proceed to explore the entire trend and the source target identified with our technology due south of last years drilling culminating in a target on the Wedge Project and these newly acquired claims. These new properties increase our footprint in the Nine Mile Synform directly south of our Nine Mile Brook Project and adjacent on the western boundary of our acquisition last year of the Windfall claims. Our leading-edge technologies have identified high priority trends and specific targets that we now own 100% allowing us to address the entire geophysical trend. We look forward to future announcements on these (2) wholly owned target areas in our expanding portfolio in the BMC.” Pursuant to the Agreement, the Company intends to acquire the New Claims for 300,000 common shares of the Company, which will have a four month hold legend. In addition, there is a 2.0% net smelter royalty (“NSR”) on the New Claims derived from metallic mineral production. The Company has the right to purchase the 50% of the 2% NSR from the vendors for $1,000,000 at any time prior to commencement of commercial production. The vendor is at arm’s length from the Company. Completion of the acquisition will take place on September 14, 2023. 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 (“NI 43-101”) and reviewed and approved by Gary Lohman, B.Sc., P. Geo., Director, who acts as the Company’s Qualified Person, and is not independent of the Company. About Nine Mile Metals Ltd.: Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on Critical Minerals Exploration (CME) VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS; California Lake VMS; Canoe Landing Lake (East–West) VMS and the new Wedge VMS Projects. The Company is focused on Critical Minerals Exploration (CME), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold. ON BEHALF OF NINE MILE METALS LTD. “Patrick J. Cruickshank, MBA” CEO and Director T: 506-804-6117 E: patrick@ninemilemetals.com Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Forward-looking statements in this press release include that (a) completion of the acquisition will take place on September 14, 2023, (b) the Company intends to acquire the New Claims for 300,000 common shares, and (c) we look forward to future announcements on these two wholly owned target areas in our expanding portfolio in the BMC. Although Nine Mile believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Nine Mile can give no assurance that they will prove to be correct. The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
NINE MILE METALS APPOINTS MR. KEVIN HICKS AS DIRECTOR
VANCOUVER, B.C. Friday, September 1, 2023 – NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”) is pleased to announce that the Company has appointed Mr. Kevin Hicks to the Board of Directors. Mr. Hicks is a very successful oil and gas industry professional for 38 years in Texas and Oklahoma. Early in his career, he designed and implemented numerous groundbreaking data acquisition and control technologies. He then moved on to large project management, primarily in the area of data management. Kevin has a Patent for data systems technology in the oil and gas sector. Kevin is the current CEO of Have Blue Capital Corp., an investment corporation focused on Critical Mineral Investments in Canada, US, and South America. Kevin holds a Masters of Electrical Engineering from Oklahoma State University. “We are pleased and honoured to welcome Kevin Hicks to the Board of Directors of Nine Mile Metals as an active member. Kevin’s skill set and professional successes will help guide Nine Mile and our projects to new heights and future successes. Kevin Hicks is a significant shareholder of Nine Mile and shares our business strategy and vision for the Company,” stated Patrick J. Cruickshank, MBA, CEO & Director. About Nine Mile Metals Ltd.: Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on Critical Minerals Exploration (CME) VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS; California Lake VMS; Canoe Landing Lake (East–West) VMS and the new Wedge VMS Projects. The Company is focused on Critical Minerals Exploration (CME), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold. ON BEHALF OF NINE MILE METALS LTD. “Patrick J. Cruickshank, MBA” CEO and Director T: 506-804-6117 E: patrick@ninemilemetals.com Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Although Nine Mile believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Nine Mile can give no assurance that they will prove to be correct. The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.
NINE MILE METALS ANNOUNCES XRF LAB HIGH-GRADE RESULTS UP TO 29.58% COPPER AND 10.19% + Combined (LEAD-ZINC) Silver & Gold (TBD) AT HISTORIC WEDGE MINE, BATHURST, NEW BRUNSWICK
VANCOUVER, B.C. Thursday, August 24, 2023 – NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”) is pleased to announce the XRF results for VMS mineralization collected from the Wedge mine site in the world-famous Bathurst Mining Camp, located in New Brunswick, Canada. Discovered in 1956, Cominco operated the mine between 1962 to 1968, producing 1.5 million tonnes of predominantly copper ore. Despite a long exploration and operating history, technical data regarding the mine was not required to be reported to the New Brunswick Department of Energy and Mines, including drill logs, assay certificates, production figures and underground mine plans, however, Nine Mile Metals has acquired significant historical work and data. Highlights: High Grade XRF Lab Results: 29.58% Cu, 10.19% combined Pb-Zn, (Silver & Gold – TBD). Samples were fine-grained massive VMS (Cu-Pb-Zn) mineralization collected at the Wedge mine site and the ore pile. The samples were either Cu rich with minor (Pb/Zn) or (Pb/Zn) rich with minor Cu. Most samples consisted of 90% sulphides with minor quartz / accessory minerals. Property re-processed geophysics and AI stage 1 analysis completed. Upcoming Wedge Project drill program designed and permitted. Patrick J. Cruickshank, MBA, CEO & Director stated, “These new XRF results continue to demonstrate the high-grade Cu potential at the historic Wedge Mine. These are actual ore grade samples, taken from the Ore Site, not chip or boulder surface samples demonstrating the true quality of the ore from the mine below. There is a very high-grade Copper lens component and a high-grade Zinc component. We look forward to testing this site at depth and along the newly identified trend. We also have the proposed drill targets from Cominco that were never tested. We look forward to releasing the Wedge Project Drill Program very shortly.” Discover more about the Wedge Project through the videos linked below: The Wedge Project: Nine Mile Metals 100% Acquired Past Producing Mine w. Immense Untapped Potential Nine Mile Metals Discusses the Historical Significance and Future Potential of The Wedge Project The Nine Mile Metals Team Collects Samples from The Wedge Project Containing High Grades 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 (“NI 43-101”) and reviewed and approved by Gary Lohman, B.Sc., P. Geo., Director who acts as the Company’s Qualified Person, and is not independent of the Company. About Nine Mile Metals Ltd.: Nine Mile Metals Ltd. is a Canadian public mineral exploration company focused on Critical Minerals Exploration (CME) VMS (Cu, Pb, Zn, Ag and Au) exploration in the world-famous Bathurst Mining Camp, New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS; California Lake VMS; Canoe Landing Lake (East–West) VMS and the new Wedge VMS Projects. The Company is focused on Critical Minerals Exploration (CME), positioning for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge with Gold. ON BEHALF OF NINE MILE METALS LTD. “Patrick J. Cruickshank, MBA” CEO and Director T: 506-804-6117 E: patrick@ninemilemetals.com Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Nine Mile. Forward-looking information is based on certain key expectations and assumptions made by the management of Nine Mile. In some cases, you can identify forward-looking statements by the use of words such as “will,” “may,” “would,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “could” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. . Forward-looking statements in this press release include that (a) these new XRF results continues to demonstrate the high-grade Cu potential at the historic Wedge Mine, (b) the Company looks forward to testing this site at depth and along the newly identified trend, and (c) we look forward to releasing the Wedge Project Drill Program very shortly. Although Nine Mile believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Nine Mile can give no assurance that they will prove to be correct. The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.