NINE MILE METALS INITIATES DRILLING ON CALIFORNIA LAKE SOUTH HIGH PRIORITY TARGET PLATE A WITH 850 METER DIAMOND DRILL HOLE EEX-P01

Vancouver, B.C., Wednesday, October 30th, 2024 – NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”) is pleased to provide an update on its California Lake Phase 2 Drill Program. Nine Mile Metals has initiated its diamond drill program at California Lake to test Priority Plate Target A, defined by EarthEx Geophysical Solutions Inc. (EEX). Les Forages Chapais is onsite, initiating the first of three important drill holes (A-B-C) at California Lake South. Plate A is a deep, large, strong conductor located near the fold nose, defined within a geological package that includes Flat Landing Brook felsic and mafic volcanics-related sediments. The plate, with a length of 600 meters and open at depth, is a high priority target. Previous drilling in the immediate area is minimal and limited to a few shallow drill holes. EarthEx has recommended drilling the target at an azimuth of 110 degrees and a dip of -60 degrees to intersect the most conductive portion of the target plate. The drill hole depth will be a maximum of 850 meters (see Figures 1 and 2). Plates B and C are also high priority targets, both well-defined with strong conductors related to the overall MegaTEM trend. Plate B is a discreet and shallow target dipping steeply east. The azimuth of the planned drill hole is 275 degrees with a dip of -60 degrees and a maximum depth of 300 meters. Plate C is large, dipping to the west, with a length of 700 meters and a projected depth extent of 500 meters. The azimuth of the planned drill hole is 275 degrees with a dip of -60 degrees. EarthEx has designed the drilling parameters for Plates B and C, as shown in Figure 2. Figure 1: Plan View, TDEM Grid, Regional Magnetic trend and Priority Plates A, B, C and D. Figure 2: TDEM Grid, Priority Plates A, B, C, and proposed drill holes. Gary Lohman, Director, P.Geo., VP Exploration stated, “The team is pleased to be at the drill stage at California Lake South with well-defined and modeled targets. Both Plates A and C are large, massive, strong conductors, having both the length and depth parameters for a potentially large, mineralized body consistent with example deposits throughout the BMC. We are very much looking forward to getting the program underway and testing this underexplored, highly prospective area at the folded nose of California Lake South in the BMC.” Patrick J. Cruickshank, MBA, CEO and Director added, “We are finally receiving all of our Phase 2 Advanced Geophysics results, including full interpretations and high priority targets for our Western Portfolio. We look forward to announcing these results shortly. Our Geophysics Program will turn its focus next to the Nine Mile Brook Project and our Eastern 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., PGO., 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 VMS (Cu, Pb, Zn, Ag and Au) exploration in the renowned Bathurst Mining Camp (BMC), located in New Brunswick, Canada. The Company’s primary business objective is to explore its four VMS Projects: Nine Mile Brook VMS Project, California Lake VMS Project, the Canoe Landing Lake (East – West) VMS Project, and the Wedge VMS Project. The Company is focused on Critical Minerals Exploration, positioning itself for the boom in EV and green technologies requiring Copper, Silver, Lead and Zinc with a hedge on Gold. Connect With Us On Social Media Twitter @NineMileMetals LinkedIn Nine Mile Metals Facebook @ Nine Mile Metals Instagram Nine Mile Metals YouTube @ninemilemetals 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) our Geophysics Program will turn its focus next to the Nine Mile Brook Project and our Eastern Portfolio, (b) both Plates A and C are large, massive, strong conductors, having both the length and depth parameters for a potentially large, mineralized body consistent with example deposits throughout the BMC, and (c) we look forward to announcing our Phase 2 Advanced Geophysics results, including full interpretations and high priority targets for our Western Portfolio. 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 TDEM SURVEY AT CALIFORNIA LAKE SOUTH IDENTIFIES MASSIVE TARGET WITH 4 HIGH PRIORITY PLATES AND MOBILIZES DRILL RIG

Vancouver, B.C. Tuesday October 15th, 2024 – NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”) is pleased to provide an update on its California Lake advanced geophysical program, conducted by EarthEx Geophysical Solutions Inc. (“EEX”). Previously in 2022, EEX had reprocessed the legacy MegaTEM and Aerodat airborne data, the late time conductance defining a total of (11) Priority VMS Trends in the Company’s Western Portfolio. We are currently focused on Target Areas #10 South and #11 South on our California Lake VMS Project, the late time conductance defining a fold nose, the structural trend highlighted by strong conductivity, coincident magnetics and folded Flat Landing Brook volcanics. The target area is approximately 2 kilometers southeast of drill hole CL-23-10-01 and lies within a different structural regime unrelated to the trend that defines CL-23-10-01 (Figure 3). FIGURE 1: EEX TDEM Survey Confirms Massive Target (left), 2022 EEX Reprocessed data with TDEM Grid Overlay (right)        To address this high priority target area, EEX conducted ground-based Time Domain Electromagnetics (TDEM) over the fold nose for target definition and drill hole planning. This occurred in 2 stages. In September 2024, EEX completed a total 11.2-line kilometers of TDEM. Preliminary results were very positive, identifying with a strong conductive response that continued east of the TDEM Grid, along the northeast boundary towards Target #11. After consulting with the Technical Team, 5 lines were extended to 2.4 kilometers in length to capture the entire target response and facilitate modeling for drill hole targeting. A total of 18.2-line kilometers at a line spacing of 200 meters were surveyed by EEX. FIGURE 2: EEX California Lake 10 South – 18.2 kms Time Domain Electromagnetic (TDEM) Grid (including extension).  EEX has identified and defined (4) strong priority Targets (A – D) and (4) medium priority targets within the grid, coinciding with their original Late Time Conductive Trends as displayed in their previously released Reprocessed EM Portfolio Map, with the red lines above representing strong, late time conductors. Maxwell plate modeling of the (4) strongest conductors provide the dimensions of the prime target area of the anomaly to facilitate drill hole targeting and does not represent the full extent of the conductor. The conductors are open at depth. The Maxwell plates represent the center of the strongest response closest to surface to minimize the length and cost of the DDH. Cali Lake Priority Target A: This is a deep, strong conductor modelled on lines 600N and 800N, the top of the plate at approximately 590 meters below surface and dipping towards the west. The top of the plate is near parallel with the north section of the interpreted MegaTEM strong axis near the fold nose south of target 10. Cali Lake Priority Target B: Priority Target B is a strong conductor located on the northeast end of extension sections of lines 1200N and 1400N. The top of the modeled conductor is approximately 65 meters below surface and dipping towards the east. This conductor trends in the same direction as the strong MegaTEM axes in the southern section of VMS Trend 11 identified previously by EEX. Cali Lake Priority Target C: This strong conductor target is modelled as a deep, large, moderate to strong plate, with the top of model at 500 meters depth and dripping to the west. There is good correlation with the strike of the plate and the strong MegaTEM conductor axis on the southern most end of Target 11. Cali Lake Priority Target D: Target D is near the centre of the grid and in plan view appears near the south end of Target A. In Figure 3, Target D is a shallow, strong conductor of similar strength to A and C at a depth of 100 meters dipping west. EEX also has identified (4) additional medium priority targets (E, F1-F2, G) that are more discreet and locally related to the larger MegaTEM trends. FIGURE 3: Modeled Priority Plates A, B, C and D. Modeled plates A and C (Figure 4) are priority targets having both size and a strong electromagnetic response. The host geology includes felsic volcanics of the Flat Landing Brook Formation (FLB) known to host VMS mineralization in the Bathurst Mining Camp, including the Stratmat, Headway and Louvicourt deposits. Located in the northeastern portion of the grid, Plates A and C may be related, the recently completed UAV Magnetic survey suggesting a possible east-west break fault at the north end of Plate A and the south end of Plate C. This also corresponds to a break in geology, with FLB felsic volcanics and sediments associated with Plate A while both FLB felsic and mafic volcanics-sediments are present at Plate C. Modeled Plates B and D are both shallow and strong conductors but to a less extent compared to Targets A and C. Plate B is in the northeastern portion of the survey grid and associated with previously defined strong MegaTEM conductors, a distinct break seen in the magnetics suggestive of local faulting. The host geology includes both FLB felsic and mafic volcanics. Plate D is in the center of the grid at the fold nose making it a priority. FIGURE 4: EEX Target Sheets displaying Plate Model for Targets A and C. Gary Lohman, Director, P.Geo., and VP Exploration stated, “The Technical Team is pleased with the completion of the UAV magnetics in conjunction with the TDEM survey and Maxwell Plate modeling at California Lake. This target area within the Western Portfolio was identified early in our exploration efforts and we now have the advanced technical data and geology definition to support a robust drill program in this unexplored area. When you discover a folded-nose location in the BMC and back it up with advanced geophysics, defining a very strong large scale vertical target, it becomes a high priority target. Several comparisons in the BMC have resulted in large VMS deposits, including the Bathurst #12.” FIGURE 5: Survey Grid Location over Geology, Historic Drill

September Highlights: Geophysical Advancements and Phase 2 Drilling Underway

  To our Nine Mile Metals Community, As we move into October, we’re reflecting on an exciting September. Our focus has been on testing the results of extensive geophysical surveys, expanding our understanding of existing trends and defining new target zones within our Wedge and California Lake projects, and launching our much-anticipated Phase 2 drill program. For those who may have missed it, here’s a recap of what happened over the past month: Geophysical Update – September 10th On September 10th, we announced the completion of four Bore Hole Electromagnetic (BHEM) surveys, three at the Wedge VMS Project and one at California Lake. EarthEx Geophysical Solutions delivered final analyses of the Wedge surveys, leading to the identification of new mineralized target zones. Key findings include: The discovery of new conductor plates in Wedge Target #1, which confirm significant mineralization extending eastward and at depth. The recommendation of a 500m drill hole to intersect deeper mineralized zones based on EarthEx’s 3D modeling of the data. Mineralization above the plate – Indicates positive potential for EarthEx identified “New” Target Zones for Mineralization Gary Lohman, Director, P.Geo., VP Exploration, shared his thoughts:  “We are very pleased with both the drill results and subsequent modeling of the BHEM data. Our drilling confirmed the presence of mineralization to the east, the potential of these ‘New’ zones—extension confirmed by the plate modeling which shows robust targets to both the east and at depth. We look forward to the deployment of our Phase 2 drill program, further confirming the overall potential of this Wedge East extension as well as the mineralization expansion at depth.” For more details, read the full release here. Phase 2 Drill Program – September 18th In mid-September, we mobilized our drill rig to the Wedge VMS Project and officially initiated Phase 2 of our drill program. This drill phase aims to test the new geophysical targets identified through EarthEx’s data, and expand our understanding of the Wedge East extension. The team from Les Forages Chapaishas been engaged to drill up to 2,000 meters. We’ve already started drilling and are eager to see how these targets develop. Initial results are expected later in Q4, and we’re optimistic about what we may discover. What’s Next? The geophysical data we’ve collected continues to shape our exploration strategy. With EarthEx’s BHEM, UAV drone magnetics, and TDEM survey data in hand, we are well-positioned to prioritize drill targets as we advance both the Wedge and California Lake projects. In addition to drilling at the Wedge, we’ll eventually be mobilizing the rig to California Lake for the next phase of our exploration. For a deeper dive into the survey results and how they are guiding our exploration strategy, watch our most recent interview where Gary and I break down the survey analyses and share why we’re excited by the potential ahead. Closing Thoughts September was a month of progress and discovery, and as we move into October, we remain focused on delivering results for our shareholders and advancing our projects strategically. In the words of Franklin D. Roosevelt, “The only limit to our realization of tomorrow is our doubts of today,” and we are pleased to say we aren’t doubting the work we are doing today to drive the success of our tomorrow. Thank you for your continued support. Warm regards, Patrick J. Cruickshank, MBA. CEO & Director, Nine Mile Metals Ltd. Join Our Discovery Journey Follow us on Twitter for real-time updates and exciting news. Engage with us on LinkedIn for comprehensive insights and professional networking. Subscribe to our YouTube channel for comprehensive video updates.    

Breaking Ground: March Drill Program Highlights & The Road Ahead

Dear Nine Mile Metals Community, Spring’s knocking, and with March in the rearview, I’m keen to chat about the strides we’ve made and the trails we’re blazing into April. Wedge VMS Project Update: We wrapped up our Phase 1 Drill Program at the Wedge Mine Project, drilling nine holes for a total of 1729 meters. It’s been a lot of hard work, but thanks to our VPX Gary Lohman and our incredible crew, we’ve made great progress. Now, we begin the more time consuming portion of the drill program, which involves catching up to the drill rig! Our crew is prioritizing the completion of logging, interpreting, cutting, photographing, and selecting samples to ship. Once the samples are with ALS Global in Moncton, we will receive assay results as they’re processed. Currently, we’ve received results back from Drill Hole WD-24-02, and they’re looking promising. You can check them out here: WD-24-02 Assay Results. We’re eagerly awaiting  the rest of the results, and will share them as they’re received. I know we all love hearing from Gary, so I’d like to share some of his words of wisdom from our latest release: “Drill Hole WD-24-02 demonstrates that significant copper mineralization over substantial widths remain at the historic Wedge mine site to the east and southeast of the previous workings. Subsequent to the start of the 2024 drill program, the Cominco drill data was acquired and is presently being digitized to facilitate 3D modeling. We look forward to merging the 2024 drill data when assaying is complete with the historical information in order to best plan a stage 2 program at the Wedge.” Here’s Gary giving the lowdown on the Wedge Phase 1 Drill Program: Nine Mile Metals VPX Discusses the Completion of the Wedge Drill Program and Next Steps And here’s Gary and myself chatting about current assay results, including the assay testing process: Nine Mile Metals on Recently Announced Assays of 0.44% Cu over 136.1M in Drill Hole WD-02-24 PDAC 2024: We were grateful to spend several days in Toronto at the start of the month for PDAC. It was a week well spent, connecting with folks from the industry and sharing the Nine Mile story. Big thanks to PDAC for organizing, and to everyone we connected with over the week. Check out a chat I had with CEO.ca about what’s on the horizon for us: Advancing 4 Projects in the World-Famous Bathurst Mining Camp Looking Forward: As we step into April, we’re all eyes on the assay results from the Wedge and getting started with the 3D modeling of the property courtesy of the recently acquired Cominco data. It’s a bit of a waiting game, but it’s all part of the journey. In moments like these, I’m reminded of Robert Frost’s words, “The best way out is always through.” It’s a bit how we approach our work here – head on and with determination. Every step, every bit of data, gets us closer to understanding what we have and how best to move forward. We appreciate your support and are glad to share this journey with you all. Be a part of our journey: Follow us on Twitter for real-time updates and exciting news. Engage with us on LinkedIn for comprehensive insights and professional networking. Subscribe to our YouTube channel for comprehensive video updates. Best, Patrick J. Cruickshank, MBA. CEO & Director, Nine Mile Metals Ltd. Visit Our Website